DHF vs. EMD, PUYI, RMGC, AGD, AWP, THQ, ACP, THW, AVK, and AFB
Should you be buying BNY Mellon High Yield Strategies Fund stock or one of its competitors? The main competitors of BNY Mellon High Yield Strategies Fund include Western Asset Emerging Markets Debt Fund (EMD), Highest Performances (PUYI), RMG Acquisition Corp. III (RMGC), Abrdn Global Dynamic Dividend Fund (AGD), abrdn Global Premier Properties Fund (AWP), Abrdn Healthcare Opportunities Fund (THQ), Abrdn Income Credit Strategies Fund (ACP), Abrdn World Healthcare Fund (THW), Advent Convertible and Income Fund (AVK), and AllianceBernstein National Municipal Income Fund (AFB). These companies are all part of the "financial services" sector.
BNY Mellon High Yield Strategies Fund (NYSE:DHF) and Western Asset Emerging Markets Debt Fund (NYSE:EMD) are both small-cap financial services companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, risk, profitability, institutional ownership, media sentiment, valuation, community ranking, earnings and analyst recommendations.
BNY Mellon High Yield Strategies Fund pays an annual dividend of $0.18 per share and has a dividend yield of 7.5%. Western Asset Emerging Markets Debt Fund pays an annual dividend of $0.97 per share and has a dividend yield of 10.4%.
36.2% of BNY Mellon High Yield Strategies Fund shares are owned by institutional investors. Comparatively, 33.0% of Western Asset Emerging Markets Debt Fund shares are owned by institutional investors. 16.6% of BNY Mellon High Yield Strategies Fund shares are owned by insiders. Comparatively, 1.0% of Western Asset Emerging Markets Debt Fund shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
In the previous week, BNY Mellon High Yield Strategies Fund and BNY Mellon High Yield Strategies Fund both had 1 articles in the media. BNY Mellon High Yield Strategies Fund's average media sentiment score of 1.05 beat Western Asset Emerging Markets Debt Fund's score of -0.33 indicating that BNY Mellon High Yield Strategies Fund is being referred to more favorably in the media.
BNY Mellon High Yield Strategies Fund received 102 more outperform votes than Western Asset Emerging Markets Debt Fund when rated by MarketBeat users. Likewise, 69.34% of users gave BNY Mellon High Yield Strategies Fund an outperform vote while only 67.16% of users gave Western Asset Emerging Markets Debt Fund an outperform vote.
BNY Mellon High Yield Strategies Fund has a beta of 0.85, indicating that its stock price is 15% less volatile than the S&P 500. Comparatively, Western Asset Emerging Markets Debt Fund has a beta of 0.64, indicating that its stock price is 36% less volatile than the S&P 500.
Summary
BNY Mellon High Yield Strategies Fund beats Western Asset Emerging Markets Debt Fund on 7 of the 9 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding DHF and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
BNY Mellon High Yield Strategies Fund Competitors List
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