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Posted by
Two Blokes Jul 21 -
Filed in
Stock
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BNY Mellon High Yield Strategies Fund offers an 8.1% yield and monthly payouts, but its dividend sustainability is questionable due to inconsistent earnings and poor dividend coverage. The fund is highly sensitive to interest rates, with performance and NAV pressured by the current high-rate environment and aggressive leverage use. DHF's discount to NAV is less attractive than historical averages, and its high allocation to below-investment-grade credit increases risk if defaults rise.
