Is BNY MELLON HIGH YIELD STRATEGIES FUND (DHF) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Asset Management | ✗ NOT HALAL | |||
| DJIM | Excluded — Asset Management | ✗ NOT HALAL | |||
| MSCI | Excluded — Asset Management | ✗ NOT HALAL | |||
| S&P | Excluded — Asset Management | ✗ NOT HALAL | |||
| FTSE | Excluded — Asset Management | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 88.2% | |
| Net Margin | 70.4% | |
| Return on Equity (ROE) | 7.5% | |
| Return on Assets (ROA) | 4.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $18M |
| Free Cash Flow | $18M |
| Total Debt | $74M |
| Debt-to-Equity | 36.4 |
| Current Ratio | 1.0 |
| Total Assets | $282M |
Price & Trading
| Last Close | $2.36 |
| 50-Day MA | $2.47 |
| 200-Day MA | $2.54 |
| Avg Volume | 429K |
| Beta | 0.8 |
|
52-Week Range
$2.22
| |
About BNY MELLON HIGH YIELD STRATEGIES FUND (DHF)
BNY Mellon High Yield Strategies Fund is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. The fund invests in the fixed income markets of the United States. It primarily invests in fixed income securities of below investment grade quality, including securities of companies at early stages of development and companies with a highly leveraged financial structure. The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch U.S High Yield Master II Constrained Index. It was formerly known as Dreyfus High Yield Strategies Fund. BNY Mellon High Yield Strategies Fund was formed in April 29, 1998 and is domiciled in the United States.
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Frequently Asked Questions
Is BNY MELLON HIGH YIELD STRATEGIES FUND (DHF) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), BNY MELLON HIGH YIELD STRATEGIES FUND is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is BNY MELLON HIGH YIELD STRATEGIES FUND's debt ratio?
BNY MELLON HIGH YIELD STRATEGIES FUND's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are BNY MELLON HIGH YIELD STRATEGIES FUND's key financial metrics?
BNY MELLON HIGH YIELD STRATEGIES FUND has a market capitalization of $170M, trailing P/E ratio of 11.1, and revenue of $16M. The company maintains a gross margin of 100.0% and a net margin of 70.4%. Return on equity stands at 7.5%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.