Dreyfus High Yield Strategies Fund (NYSE: DHF) Announces Dividend Reduction

NEW YORK--()--On May 25, 2016, the Board of Trustees of DHF declared from net investment income a monthly cash dividend of $0.0265 per share of beneficial interest, payable on June 29, 2016 to shareholders of record at the close of business on June 10, 2016. The ex-dividend date is June 8, 2016. The $0.0265 per share investment income dividend represents a decrease of $0.0025 from the previously declared monthly net investment income dividend of $0.029 per share.

The dividend reduction primarily reflects the lower reinvestment rate environment that has existed in the market for the reinvestment of the proceeds from coupon payments and from called, sold and/or matured securities. DHF’s accumulated undistributed investment income-net was approximately $112,000 as of April 30, 2016.*

* The accumulated undistributed investment income-net is determined in accordance with income tax regulations, which differ from U.S. generally accepted accounting principles.

Contacts

For Press Inquiries:
The Dreyfus Corporation
Melissa Cassar
(212) 635-6038
or
For Other Inquiries:
MBSC Securities Corporation
The National Marketing Desk
200 Park Avenue
New York, New York 10166
1-800-334-6899

Contacts

For Press Inquiries:
The Dreyfus Corporation
Melissa Cassar
(212) 635-6038
or
For Other Inquiries:
MBSC Securities Corporation
The National Marketing Desk
200 Park Avenue
New York, New York 10166
1-800-334-6899