DHF (BNY Mellon High Yield Strategies Fund) 5-Year Yield-on-Cost %: 7.22 (As of Jul. 16, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHF BNY Mellon High Yield Strategies Fund DHF
40 GF Score
Price $2.41
GF Value $1.33
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is BNY Mellon High Yield Strategies Fund 5-Year Yield-on-Cost %?

BNY Mellon High Yield Strategies Fund DHF 40 5-Year Yield-on-Cost % is 7.22 as of Jul. 16, 2026, which is 3% below its 10-year median of 7.46. GuruFocus rates DHF with a GF Score™ of 40/100 and a GF Value™ of $1.33 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,115 Asset Management companies, BNY Mellon High Yield Strategies Fund ranks better than 56.05% on this metric.

BNY Mellon High Yield Strategies Fund's yield on cost for the quarter that ended in Mar. 2026 was 7.22.


The historical rank and industry rank for BNY Mellon High Yield Strategies Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

DHF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.76   Med: 7.46   Max: 11.65
Current: 7.22


During the past 9 years, BNY Mellon High Yield Strategies Fund's highest Yield on Cost was 11.65. The lowest was 5.76. And the median was 7.46.


DHF's 5-Year Yield-on-Cost % is ranked better than
56.05% of 1115 companies
in the Asset Management industry
Industry Median: 6.45 vs DHF: 7.22

BNY Mellon High Yield Strategies Fund  (NYSE:DHF) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


BNY Mellon High Yield Strategies Fund 5-Year Yield-on-Cost % Related Terms


DHF vs ECF, HGLB, FLC: 5-Year Yield-on-Cost % Comparison

For the Asset Management subindustry, BNY Mellon High Yield Strategies Fund's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BNY Mellon High Yield Strategies Fund 5-Year Yield-on-Cost % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BNY Mellon High Yield Strategies Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where BNY Mellon High Yield Strategies Fund's 5-Year Yield-on-Cost % falls into.


DHF
40GF Score
BNY Mellon High Yield Strategies Fund DHF
5-Year Yield-on-Cost % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BNY Mellon High Yield Strategies Fund 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of BNY Mellon High Yield Strategies Fund is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5
Frequently Asked Questions Learn more about 5-Year Yield-on-Cost % →
What does a 5-Year Yield-on-Cost % of 7.22 mean?
BNY Mellon High Yield Strategies Fund (DHF) has a 5-Year Yield-on-Cost % of 7.22 as of Jul. 16, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on BNY Mellon High Yield Strategies Fund and its competitors. This is near median its historical median of 7.46. Over the past decade, BNY Mellon High Yield Strategies Fund's 5-Year Yield-on-Cost % has ranged from 5.76 to 11.65. According to the industry distribution chart, BNY Mellon High Yield Strategies Fund ranks #490 out of 1115 companies in the Asset Management industry, placing it in the top 43.9%.
Is BNY Mellon High Yield Strategies Fund's 5-Year Yield-on-Cost % too high?
BNY Mellon High Yield Strategies Fund's current 5-Year Yield-on-Cost % of 7.22 is near median its 10-year median of 7.46. Over the past 10 years, this metric has ranged from a low of 5.76 to a high of 11.65. The Asset Management industry median 5-Year Yield-on-Cost % is 6.45. BNY Mellon High Yield Strategies Fund's value of 7.22 is 11.9% above this industry median. Based on the distribution chart, BNY Mellon High Yield Strategies Fund ranks #490 out of 1115 companies in the Asset Management industry, which is above the industry midpoint. Overall, BNY Mellon High Yield Strategies Fund has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BNY Mellon High Yield Strategies Fund's 5-Year Yield-on-Cost % compare to ECF and HGLB?
According to the Asset Management industry distribution chart, BNY Mellon High Yield Strategies Fund ranks #490 out of 1115 companies for 5-Year Yield-on-Cost %. This puts BNY Mellon High Yield Strategies Fund in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 6.45. BNY Mellon High Yield Strategies Fund's value of 7.22 is 11.9% above this benchmark. Historically, BNY Mellon High Yield Strategies Fund's own 5-Year Yield-on-Cost % has ranged from 5.76 to 11.65 over the past decade. While the company's 10-year median is 7.46 vs. the industry median of 6.45, BNY Mellon High Yield Strategies Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year Yield-on-Cost % for an Asset Management company?
The median 5-Year Yield-on-Cost % among Asset Management companies is 6.45, based on 1,115 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BNY Mellon High Yield Strategies Fund's current 5-Year Yield-on-Cost % of 7.22 is 11.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on BNY Mellon High Yield Strategies Fund and its competitors. For the Asset Management industry, the median 5-Year Yield-on-Cost % is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BNY Mellon High Yield Strategies Fund's current 5-Year Yield-on-Cost % is 7.22, which is near median its own 10-year median of 7.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BNY Mellon High Yield Strategies Fund stock overvalued right now?
Based on GuruFocus' analysis, BNY Mellon High Yield Strategies Fund (DHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.33, compared to a current price of $2.41 — trading 81.2% above its estimated fair value. The current 5-Year Yield-on-Cost % is 7.22, which is near median its 10-year median of 7.46 and 11.9% above the Asset Management industry median of 6.45. BNY Mellon High Yield Strategies Fund's overall GF Score™ is 40/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For BNY Mellon High Yield Strategies Fund (DHF), the current 5-Year Yield-on-Cost % is 7.22 as of Jul. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BNY Mellon High Yield Strategies Fund (DHF) Overvalued in 2026?

Based on GuruFocus' analysis, BNY Mellon High Yield Strategies Fund stock appears to be overvalued. The current stock price of $2.41 is trading 81.2% above its estimated GF Value™ of $1.33. GuruFocus considers BNY Mellon High Yield Strategies Fund to be Significantly Overvalued.

Key valuation signals for DHF:

  • 5-Year Yield-on-Cost %: 7.22 (near median its 10-year median of 7.46)
  • GF Value™: $1.33 vs. price of $2.41 (81.2% above fair value)
  • GF Score™: 40/100 with 5 warning signs
  • Industry Position: 11.9% above the Asset Management median (#490 of 1115)

No single metric tells the full story. See the DHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BNY Mellon High Yield Strategies Fund Business Description

Address c/o BNY Mellon Investment Adviser, Inc, 240 Greenwich Street, New York, NY, USA, 10286
BNY Mellon High Yield Strategies Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to seek high current income and its secondary objective is capital appreciation. The fund invests predominantly in fixed-income securities of below-investment-grade credit quality.
40GF Score

Get the complete analysis for DHF

5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.41
Price
$1.33
GF Value