Is BNY Mellon High Yield Strategies Fund overvalued?

BNY Mellon High Yield Strategies Fund (DHF) looks undervalued — trading about 75% below its fair value.

Undervalued

Price

$2.42

Fair value

$4.24

Current P/E

6.3

Normal P/E

11.0

Market cap

$176.4M

Dividend yield

8.6%

Return on equity

6.4%

Sector

Financial Services

Fair value compares DHF's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 1 Jul 2026.

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