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BNY Mellon High Yield Strategies Fund (BNY Mellon High Yield Strategies Fund) Net Margin % : 95.88% (As of Sep. 2023)


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What is BNY Mellon High Yield Strategies Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. BNY Mellon High Yield Strategies Fund's Net Income for the six months ended in Sep. 2023 was $5.54 Mil. BNY Mellon High Yield Strategies Fund's Revenue for the six months ended in Sep. 2023 was $5.78 Mil. Therefore, BNY Mellon High Yield Strategies Fund's net margin for the quarter that ended in Sep. 2023 was 95.88%.

The historical rank and industry rank for BNY Mellon High Yield Strategies Fund's Net Margin % or its related term are showing as below:

DHF' s Net Margin % Range Over the Past 10 Years
Min: -123.6   Med: 98.13   Max: 102.17
Current: 98.01


DHF's Net Margin % is ranked better than
72.05% of 1667 companies
in the Asset Management industry
Industry Median: 86.04 vs DHF: 98.01

BNY Mellon High Yield Strategies Fund Net Margin % Historical Data

The historical data trend for BNY Mellon High Yield Strategies Fund's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BNY Mellon High Yield Strategies Fund Net Margin % Chart

BNY Mellon High Yield Strategies Fund Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial 96.93 101.40 99.33 -123.60 102.17

BNY Mellon High Yield Strategies Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.86 101.99 100.57 98.72 95.88

Competitive Comparison of BNY Mellon High Yield Strategies Fund's Net Margin %

For the Asset Management subindustry, BNY Mellon High Yield Strategies Fund's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BNY Mellon High Yield Strategies Fund's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BNY Mellon High Yield Strategies Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where BNY Mellon High Yield Strategies Fund's Net Margin % falls into.



BNY Mellon High Yield Strategies Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

BNY Mellon High Yield Strategies Fund's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin=Net Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=-20.783/-20.342
=102.17 %

BNY Mellon High Yield Strategies Fund's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=5.541/5.779
=95.88 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BNY Mellon High Yield Strategies Fund  (NYSE:DHF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


BNY Mellon High Yield Strategies Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of BNY Mellon High Yield Strategies Fund's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


BNY Mellon High Yield Strategies Fund (BNY Mellon High Yield Strategies Fund) Business Description

Traded in Other Exchanges
N/A
Address
240 Greenwich Street, New York, NY, USA, 10286
BNY Mellon High Yield Strategies Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to seek high current income and its secondary objective is capital appreciation. It invests primarily in fixed-income securities of below-investment-grade credit quality.
Executives
Irene Papadoulis other: Director of BNYMIA (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Bushra Mannan other: Director of BNYMIA (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Ping Jiang other: Dir. of Invest. Oversight (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Bradley J Skapyak director 200 PARK AVENUE, NEW YORK NY 10166
Kevin L. Cronk other: Portfolio Manager 200 PARK AVENUE, NEW YORK NY 10166
Joseph Martella officer: VP C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10288
Daniel Goldstein officer: VP 240 GREENWICH STREET, NEW YORK NY 10286
Robert J. Pomeroy officer: VP; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
John Squillace other: CCO; Investment Adviser 240 GREENWICH STREET, NEW YORK NY 10286
Gregory Pasquale other: CFO; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Joseph S Dimartino director C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Kenneth J. Bradle other: Director of Advisor 240 GREENWICH STREET, NEW YORK NY 10286
Leland Hart other: Portfolio Manager 200 PARK AVENUE, NEW YORK NY 10116
Amanda Quinn officer: VP and Asst Secretary C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Chris E Barris other: Portfolio Manager 200 PARK AVENUE, NEW YORK NY 10166

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