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Dreyfus High Yield Strategies Fund

The Dreyfus High Yield Strategies Fund is a publicly traded closed-end management investment company whose primary investment objective is to seek high current income, with a secondary objective of long-term capital appreciation. The fund invests primarily in high yield corporate bonds, which are also known as "junk bonds." These are bonds that are rated below investment grade by the major credit rating agencies.

The fund is listed on the New York Stock Exchange (NYSE) and trades under the ticker symbol "DHY." As a closed-end fund, it has a fixed number of shares outstanding, and its shares are traded on the open market just like stocks.

The fund is managed by The Dreyfus Corporation, which is a subsidiary of BNY Mellon. The investment advisor, Dreyfus Investments, LLC, is responsible for the day-to-day management of the fund's portfolio.

It is important to note that investing in high yield bonds, as well as closed-end funds, involves a higher degree of risk than investing in investment grade bonds or stocks. These risks include market volatility, credit risk, interest rate risk, and liquidity risk. It is recommended to consult with a financial advisor before investing in the fund.