NEW YORK--(BUSINESS WIRE)--Dreyfus High Yield Strategies Fund (NYSE:DHF) announced that the Board of Trustees approved the appointment of Leland Hart as a primary portfolio manager for the Fund. Mr. Hart will manage the Fund with the Fund's current primary portfolio managers, Chris Barris and Kevin Cronk. Messrs. Barris, Cronk and Hart will be jointly and primarily responsible for managing the Fund's portfolio. The Dreyfus Corporation ("Dreyfus") continues to be the investment adviser for the Fund.
Mr. Hart joined Alcentra NY, LLC ("Alcentra"), an affiliate of Dreyfus, in January 2018 as Managing Director and Head of U.S. Loans and High Yield. He joined Alcentra from BlackRock Asset Management, where he was a Managing Director, having joined in 2009. Mr. Hart has also been employed by Dreyfus since February 2018 and will manage the Fund in his capacity as an employee of Dreyfus.
Mr. Barris has been a primary portfolio manager of the Fund since October 28, 2010, and has been a portfolio manager of the Fund and employed by Dreyfus since July 2007. He is Global Head of High Yield and Deputy Chief Investment Officer at Alcentra NY, LLC (Alcentra). Mr. Cronk has been a primary portfolio manager of the Fund since September 2012 and has been a portfolio manager of the Fund and employed by Dreyfus since July 2012. He is a Managing Director and Head of U.S. Credit at Alcentra. Messrs. Barris and Cronk manage the Fund in their capacity of employees of Dreyfus.