BNY Mellon High Yield Strategies Fund's adviser to merge into BNY Investments in January 2027
DHF•BNY Mellon Investment Adviser will merge into BNY Investments Corporation around January 1, 2027, subject to regulatory requirements. The fund will retain the consolidated firm under a substantially similar agreement, with no expected fee increase or material investment policy changes.
1. Adviser consolidation
BNY Mellon Investment Adviser will merge into BNY Investments Corporation around January 1, 2027, subject to regulatory requirements. BNY Mellon High Yield Strategies Fund will retain the consolidated firm under a substantially similar management agreement, and its portfolio managers will remain unchanged. No management fee increase or material investment policy changes are anticipated; no shareholder vote is required because the consolidation will not change the adviser's actual control or management.
