On January 26, 2012, the Board of Trustees of Dreyfus High Yield Strategies Fund (NYSE: DHF) declared from net investment income a monthly cash dividend of $0.04 per share of beneficial interest, payable on February 24, 2012 to shareholders of record at the close of business on February 9, 2012. The ex-dividend date is February 7, 2012. The previous dividend declared in December was $0.04 per share of beneficial interest.

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