First Trust Portfolios L.P. Increases Stake in BNY Mellon High Yield Strategies Fund to 8.66%
On July 14, 2026, First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation filed a joint Amendment No. 19 to Schedule 13G for BNY Mellon High Yield Strategies Fund (DHF). The filing discloses a combined beneficial ownership of 6,297,053 shares, representing 8.66% of the class. This reflects an increase from a previously reported 0.0% position in the provided historical data. The shares are primarily held by various unit investment trusts (UITs) for which First Trust Portfolios L.P. acts as a sponsor and First Trust Advisors L.P. serves as a portfolio supervisor. The reporting persons indicated shared dispositive power over all reported shares but noted they do not have the power to vote them; instead, the shares are typically voted by the UIT trustee in proportion to other shareholders. The filing was made under Rule 13d-1(b), certifying that the securities were acquired in the ordinary course of business without the intent to influence or change the control of the issuer.