BNY Mellon High Yield Strategies Fund of Benef Interest
Name
As of 11/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.6%
1 yr return
7.8%
3 Yr Avg Return
-5.4%
5 Yr Avg Return
-3.4%
Net Assets
$204 M
Holdings in Top 10
11.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.71%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 78.09%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 11/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XDHFX - Profile
Distributions
- YTD Total Return 2.6%
- 3 Yr Annualized Total Return -5.4%
- 5 Yr Annualized Total Return -3.4%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 7.27%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBNY Mellon High Yield Strategies Fund of Benef Interest
-
Fund Family NameDreyfus
-
Inception DateOct 01, 2018
-
Shares Outstanding72736534
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerChris Barris
Fund Description
XDHFX - Performance
Return Ranking - Trailing
| Period | XDHFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.6% | -7.0% | 15.5% | 94.14% |
| 1 Yr | 7.8% | -1.8% | 17.8% | 92.02% |
| 3 Yr | -5.4%* | -14.3% | 21.4% | 96.67% |
| 5 Yr | -3.4%* | -11.1% | 37.3% | 96.47% |
| 10 Yr | N/A* | -4.9% | 20.1% | 96.66% |
* Annualized
Return Ranking - Calendar
| Period | XDHFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 8.9% | -4.7% | 14.3% | 1.14% |
| 2022 | -24.2% | -33.4% | 3.6% | 98.51% |
| 2021 | -0.3% | -8.4% | 8.2% | 62.16% |
| 2020 | -3.0% | -13.2% | 302.7% | 92.42% |
| 2019 | 10.5% | -4.4% | 13.3% | 5.99% |
Total Return Ranking - Trailing
| Period | XDHFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.6% | -7.0% | 15.5% | 94.14% |
| 1 Yr | 7.8% | -1.8% | 17.8% | 92.02% |
| 3 Yr | -5.4%* | -14.3% | 21.4% | 96.67% |
| 5 Yr | -3.4%* | -11.1% | 37.3% | 96.47% |
| 10 Yr | N/A* | -4.9% | 20.1% | 97.84% |
* Annualized
Total Return Ranking - Calendar
| Period | XDHFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 8.9% | -4.7% | 18.7% | 91.67% |
| 2022 | -24.2% | -33.4% | 47.8% | 98.84% |
| 2021 | -0.3% | -8.4% | 12.4% | 96.23% |
| 2020 | -3.0% | -9.6% | 325.6% | 97.71% |
| 2019 | 11.2% | -3.8% | 19.4% | 82.40% |
NAV & Total Return History
XDHFX - Holdings
Concentration Analysis
| XDHFX | Category Low | Category High | XDHFX % Rank | |
|---|---|---|---|---|
| Net Assets | 204 M | 3.13 M | 23.6 B | 74.10% |
| Number of Holdings | 268 | 2 | 3879 | 68.09% |
| Net Assets in Top 10 | 34.2 M | -492 M | 5.25 B | 73.98% |
| Weighting of Top 10 | 11.61% | 4.2% | 146.0% | 61.21% |
Top 10 Holdings
- Dreyfus Instl Preferred Gov Plus MMkt 3.35%
- Greeneden US Holdings II, LLC/ Greeneden Lux 3 S.a r.l./ Genesys Telecommun 1.15%
- BCPE Ulysses Intermediate Inc. 7.75% 1.12%
- Connect Finco SARL/Connect US Finco LLC 6.75% 1.08%
- POLARIS INTERMEDIATE 8.5% 1.06%
- Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp. 5.25% 1.04%
- Asurion 1.02%
- Asurion 1.02%
- Asurion 1.02%
- Asurion 1.02%
Asset Allocation
| Weighting | Return Low | Return High | XDHFX % Rank | |
|---|---|---|---|---|
| Bonds | 95.63% | 0.00% | 145.36% | 45.93% |
| Cash | 3.42% | -52.00% | 48.02% | 57.12% |
| Convertible Bonds | 0.90% | 0.00% | 17.89% | 62.03% |
| Stocks | 0.05% | 0.00% | 99.64% | 66.45% |
| Preferred Stocks | 0.00% | 0.00% | 4.97% | 98.69% |
| Other | 0.00% | -39.08% | 99.96% | 90.02% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | XDHFX % Rank | |
|---|---|---|---|---|
| Consumer Defense | 50.37% | 0.00% | 100.00% | 5.90% |
| Communication Services | 49.63% | 0.00% | 99.99% | 8.85% |
| Utilities | 0.00% | 0.00% | 100.00% | 98.23% |
| Technology | 0.00% | 0.00% | 33.17% | 99.12% |
| Real Estate | 0.00% | 0.00% | 86.71% | 97.35% |
| Industrials | 0.00% | 0.00% | 93.12% | 98.53% |
| Healthcare | 0.00% | 0.00% | 22.17% | 97.35% |
| Financial Services | 0.00% | 0.00% | 100.00% | 98.53% |
| Energy | 0.00% | 0.00% | 100.00% | 98.82% |
| Consumer Cyclical | 0.00% | 0.00% | 100.00% | 97.94% |
| Basic Materials | 0.00% | 0.00% | 100.00% | 97.35% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | XDHFX % Rank | |
|---|---|---|---|---|
| US | 0.05% | 0.00% | 99.64% | 64.81% |
| Non US | 0.00% | -0.01% | 0.83% | 97.55% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | XDHFX % Rank | |
|---|---|---|---|---|
| Corporate | 83.02% | 0.00% | 100.00% | 90.00% |
| Derivative | 9.36% | -14.19% | 42.26% | 0.65% |
| Securitized | 4.47% | 0.00% | 97.24% | 11.31% |
| Cash & Equivalents | 3.15% | 0.00% | 48.02% | 50.90% |
| Municipal | 0.00% | 0.00% | 1.17% | 97.38% |
| Government | 0.00% | 0.00% | 99.07% | 98.03% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | XDHFX % Rank | |
|---|---|---|---|---|
| US | 75.75% | 0.00% | 126.57% | 88.22% |
| Non US | 19.88% | 0.00% | 96.91% | 7.53% |
XDHFX - Expenses
Operational Fees
| XDHFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.71% | 0.02% | 38.33% | 15.20% |
| Management Fee | 0.75% | 0.00% | 1.75% | 91.84% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| XDHFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| XDHFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| XDHFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 78.09% | 1.00% | 255.00% | 74.78% |
XDHFX - Distributions
Dividend Yield Analysis
| XDHFX | Category Low | Category High | XDHFX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 11.76% | 99.84% |
Dividend Distribution Analysis
| XDHFX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Monthly |
Net Income Ratio Analysis
| XDHFX | Category Low | Category High | XDHFX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 7.27% | -2.39% | 9.30% | 1.33% |
Capital Gain Distribution Analysis
| XDHFX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
XDHFX - Fund Manager Analysis
Managers
Chris Barris
Start Date
Tenure
Tenure Rank
Jul 25, 2007
14.86
14.9%
Chris Barris, Kevin Cronk, CFA, and Leland Hart are the fund's primary portfolio managers, positions they have held since October 2010, September 2012 and February 2018, respectively. Messrs. Mr. Barris has been employed by BNYM Investment Adviser since July 2007 and is Global Head of High Yield and Deputy Chief Investment Officer at Alcentra, which he joined in January 2013. Mr. Cronk has been employed by BNYM Investment Adviser since July 2012 and is a Managing Director and Head of U.S. Credit at Alcentra, which he joined in January 2013. Mr. Hart has been employed by BNYM Investment Adviser since February 2018 and is a Managing Director and Head of U.S. Loans and High Yield at Alcentra, which he joined in January 2018. Prior to joining Alcentra, Mr. Hart was a managing director for BlackRock Asset Management, where he was employed since 2009. Messrs. Barris, Cronk and Hart manage the fund in their capacity as employees of BNYM Investment Adviser.
Kevin Cronk
Start Date
Tenure
Tenure Rank
Sep 14, 2012
9.72
9.7%
Mr. Cronk joined Alcentra in January 2013 as part of the combination of Alcentra with Standish Mellon Asset Management Company LLC’s high yield business, and is the Head of U.S. Credit Research and a member of the U.S. Investment Committee. Mr. Cronk joined Standish Mellon Asset Management Company LLC, an affiliate of BNYM Investment Adviser and Alcentra, in 2011 from Columbia Management, where he worked for eleven years as a High Yield Analyst and Portfolio Manager. Prior to that, he worked as a High Yield Investment Associate at Putnam Investments.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.13 | 37.79 | 7.32 | 8.17 |