BNY MELLON HIGH YIELD STRATEGIES FUND

DHF is a closed-end fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. The fund invests primarily in below-investment-grade fixed income securities in the United States, with a focus on high-yield corporate debt. Its portfolio includes securities issued by companies in early development stages and those with highly leveraged capital structures. The fund uses the BofA Merrill Lynch U.S. High Yield Master II Constrained Index as its performance benchmark.

Established in April 1998 and domiciled in Massachusetts, the fund operates as part of BNY Mellon's asset management platform. DHF generates revenue through management fees charged to fund assets under management. The fund's investment strategy focuses on fixed income securities with yields above investment-grade benchmarks, targeting total return through both income and capital appreciation.

As a closed-end fund structure, DHF operates with a fixed capital base and trades on the New York Stock Exchange. The fund's scale is reflected in a market capitalization of approximately $0.2 billion. BNY Mellon, the parent investment adviser, operates globally with significant assets under management, though DHF itself maintains a domestic U.S. focus for its portfolio construction and fixed income selection.