Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
2.90% -12.55% 191.30M 334454.5
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
8.04% 119.0% -- Upgrade

Basic Info

Investment Strategy
The fund’s primary investment objective is to seek high current income. The fund will also seek capital growth as a secondary objective, to the extent consistent with its objective of seeking high current income.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Category Index ICE BofA US High Yield TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Corporate Bond - High Yield
Fund Owner Firm Name BNY Mellon
Prospectus Benchmark Index
ICE BofA US HY Constnd TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Chris Barris 16.70 yrs
Kevin Cronk 11.55 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of April 17, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
8.42%
-11.09%
24.69%
5.60%
10.32%
-22.70%
14.96%
2.60%
3.54%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
-2.94%
8.64%
-11.45%
38.74%
4.50%
15.79%
-22.95%
3.74%
7.72%
7.81%
-6.50%
27.22%
6.46%
21.62%
-23.02%
11.94%
0.17%
13.40%
-8.94%
26.80%
7.51%
16.96%
-19.20%
36.97%
-5.82%
17.02%
-16.09%
26.18%
0.19%
16.50%
-21.76%
24.12%
3.17%
As of April 17, 2024.

Asset Allocation

As of February 29, 2024.
Type % Net % Long % Short
Cash 1.22% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 97.44% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 1.34% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The fund’s primary investment objective is to seek high current income. The fund will also seek capital growth as a secondary objective, to the extent consistent with its objective of seeking high current income.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Category Index ICE BofA US High Yield TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Corporate Bond - High Yield
Fund Owner Firm Name BNY Mellon
Prospectus Benchmark Index
ICE BofA US HY Constnd TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Chris Barris 16.70 yrs
Kevin Cronk 11.55 yrs

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