Sit Investment Associates Reports New 6.3% Stake in BNY Mellon High Yield Strategies Fund

Sit Investment Associates, Inc. (SIA) and its subsidiary, Sit Fixed Income Advisors II, LLC (SFI), filed a Schedule 13G on April 6, 2026, reporting a new 6.3% ownership stake in BNY Mellon High Yield Strategies Fund (DHF). The filing indicates that the reporting persons collectively hold 4,595,423 shares of common stock as of the event date on March 31, 2026. Both entities are registered investment advisers that provide management services to various client accounts. They share voting and dispositive power over the reported shares, which are held directly by their client accounts. Pursuant to Rule 13d-4, both SIA and SFI disclaim beneficial ownership of these securities. The ownership percentage is calculated based on 72,736,534 shares outstanding as of September 30, 2025. The filing was made under Rule 13d-1(b), certifying that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer.