40-17F2
1
r-40172.063020244.txt
RE-FILING FORM 40-17F-2 FOR REGISTRANT BNY MELLON HIGH YIELD STRATEGIES FUND CORRECT FILING FORMAT WITH RESPECT TO THE PREVIOUS FILING DATED MAY 12, 2025. NO CHANGES TO THE CONTENT OF THE REPORT PREVIOUSLY FILED.
Report of Independent Registered Public Accounting Firm
The Board of Trustees of
BNY Mellon High Yield Strategies Fund:
We have examined management of BNY Mellon High Yield
Strategies Fund's assertion, included in the accompanying
Management Statement Regarding Compliance With Certain
Provisions of the Investment Company Act of 1940, that BNY
Mellon High Yield Strategies Fund (the "Fund"), the sole series
of BNY Mellon High Yield Strategies Fund, complied with the
requirements of subsections (b) and (c) of Rule 17f-2 under the
Investment Company Act of 1940 (the Act) (the specified
requirements) as of June 30, 2024. BNY Mellon High Yield
Strategies Fund's management is responsible for its assertion.
Our responsibility is to express an opinion on management's
assertion about the Fund's compliance with the specified
requirements based on our examination.
Our examination was conducted in accordance with attestation
standards established by the AICPA. Those standards require
that we plan and perform the examination to obtain reasonable
assurance about whether management's assertion about
compliance with the specified requirements is fairly stated, in all
material respects. An examination involves performing
procedures to obtain evidence about whether management's
assertion is fairly stated, in all material respects. The nature,
timing, and extent of the procedures selected depend on our
judgment, including an assessment of the risks of material
misstatement of management's assertion, whether due to fraud
or error. We believe that the evidence we obtained is sufficient
and appropriate to provide a reasonable basis for our opinion.
We are required to be independent and to meet our other ethical
responsibilities in accordance with relevant ethical
requirements relating to the engagement.
Included among our procedures were the following tests
performed as of June 30, 2024, and with respect to
agreement of security purchases and sales or maturities, for
the period from March 31, 2024 (the date of the Fund's last
examination), through June 30, 2024:
1. Count and inspection of all securities (if any) located in the vault
of The Bank of New York Mellon Corporation in 570 Washington
Blvd, Jersey City, NJ 07310;
2. Confirmation with the Custodian of all securities held,
hypothecated, pledged or placed in escrow or out for transfer
with brokers, pledgees, or transfer agents, if any;
3. Obtained the Custodian reconciliation of security positions held
by institutions in book entry form (e.g., the Federal Reserve
Bank, The Depository Trust Company and various sub-
custodians) to Custodian records and verified that reconciling
items were cleared in a timely manner;
4. Reconciliation of the Fund's securities per the books and records
of the Fund to those of the Custodian;
5. Agreement of pending purchase and sale
activity for the Fund as of June 30, 2024, if any,
to documentation of corresponding subsequent
bank statements;
6. Agreement of five security purchases and five security
sales or maturities, since the date of the last
examination, from the books and records of the Fund
to corresponding bank statements;
7. Confirmation of all repurchase agreements with
broker(s)/bank(s) and/or agreement of corresponding
subsequent cash receipts to bank statements and
agreement of underlying collateral with the Custodian
records, if any;
8. Review of the BNY Mellon Asset Servicing Custody and
Securities Lending Services Service Organization Control
Report ("SOC 1 Report") for the period July 1, 2023 - June 30,
2024 and noted no relevant findings were reported in the areas
of Asset Custody and Trade Settlement.
Our examination does not provide a legal determination on the
Fund's compliance with specified requirements. In our opinion,
management's assertion that the Fund complied with the
requirements of subsections (b) and
(c) of Rule 17f-2 of the Investment Company Act of 1940 as of
June 30, 2024, with respect to securities
reflected in the investment account of the Fund is fairly stated, in
all material respects.
This report is intended solely for the information and use of
management and the Board of Trustees of BNY Mellon High
Yield Strategies Fund and the Securities and Exchange
Commission and is not intended to be and should not be used by
anyone other than these specified parties.
New York, New York
May 12, 2025
May 12, 2025
Management Statement Regarding
Compliance With Certain Provisions
of the Investment Company Act of
1940
We, as members of management of BNY Mellon High Yield
Strategies Fund (the "Fund"), the sole series of BNY
Mellon High Yield Strategies Fund, are responsible for
complying with the requirements of subsections (b) and (c) of
Rule 17f-2, "Custody of Investments by Registered
Management Investment Companies" of the Investment
Company Act of 1940. We are also responsible for establishing
and maintaining effective internal controls over compliance with
those requirements. We have performed an evaluation of the
Fund's compliance with the requirements of subsections (b)
and (c) of Rule 17f-2 as of June 30, 2024, and from March 31,
2024 (the date of the Fund's last examination) through June 30,
2024.
Based on this evaluation, we assert that the Fund was in
compliance with the requirements of subsections (b) and (c) of
Rule 17f-2 of the Investment Company Act of 1940 as of June
30, 2024, and from March 31, 2024 (the date of the Fund's last
examination) through June 30, 2024, with respect to securities
reflected in the investment account of the Fund.
BNY Mellon High Yield Strategies Fund
Jim Windels
Treasurer
