BNY Mellon High Yield Strategies Fund (BNY Mellon High Yield Strategies Fund) Retained Earnings : $-93.13 Mil (As of Sep. 2023)

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What is BNY Mellon High Yield Strategies Fund Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BNY Mellon High Yield Strategies Fund's retained earnings for the quarter that ended in Sep. 2023 was $-93.13 Mil.

BNY Mellon High Yield Strategies Fund's quarterly retained earnings increased from Sep. 2022 ($-102.02 Mil) to Mar. 2023 ($0.00 Mil) but then declined from Mar. 2023 ($0.00 Mil) to Sep. 2023 ($-93.13 Mil).

BNY Mellon High Yield Strategies Fund's annual retained earnings declined from Mar. 2021 ($0.00 Mil) to Mar. 2022 ($-55.95 Mil) but then increased from Mar. 2022 ($-55.95 Mil) to Mar. 2023 ($0.00 Mil).

BNY Mellon High Yield Strategies Fund Retained Earnings Historical Data

The historical data trend for BNY Mellon High Yield Strategies Fund's Retained Earnings 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 Retained Earnings Chart

BNY Mellon High Yield Strategies Fund Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

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-55.95

BNY Mellon High Yield Strategies Fund Semi-Annual Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Retained Earnings	Get a 7-Day Free Trial								-36.51	-55.95	-102.02	-	-93.13

BNY Mellon High Yield Strategies Fund Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

BNY Mellon High Yield Strategies Fund (NYSE:DHF) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BNY Mellon High Yield Strategies Fund (NYSE:DHF) » Definitions » Retained Earnings

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Address

240 Greenwich Street, New York, NY, USA, 10286

Website

https://www.bnymellonim.com

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