Dreyfus Corp. announced the results of an initial public offering of 53.35 million shares of the Dreyfus High Yield Strategies Fund. Shares were priced at $15 a piece, raising $800 million dollars.
The closed-end fund seeks high current income.
Dreyfus Corp. announced the results of an initial public offering of 53.35 million shares of the Dreyfus High Yield Strategies Fund. Shares were priced at $15 a piece, raising $800 million dollars.
The closed-end fund seeks high current income.