Report of Independent Registered Public
Accounting Firm

The Board of Trustees
Dreyfus High Yield Strategies Fund

We have examined management's assertion,
included in the accompanying Management
Statement Regarding Compliance with Certain
Provisions of the Investment Company Act of 1940,
that Dreyfus High Yield Strategies Fund, (the
"Fund") complied with the requirements of
subsections (b) and (c) of Rule 17f-2 under the
Investment Company Act of 1940 as of February
28, 2015, and from May 31, 2014 through February
28, 2015, with respect to securities reflected in the
investment accounts of the Fund. Management is
responsible for the Fund's compliance with those
requirements.  Our responsibility is to express an
opinion on management's assertion about the
Fund's compliance based on our examination.

Our examination was conducted in accordance with
the standards of the Public Company Accounting
Oversight Board (United States) and, accordingly,
included examining, on a test basis, evidence about
the Fund's compliance with those requirements and
performing such other procedures as we considered
necessary in the circumstances.  Included among
our procedures were the following tests performed
as of February 28, 2015, and with respect to
agreement of security purchases and sales, for the
period from May 31, 2014 (the date of the Fund's
last examination), through February 28, 2015:

1.	Obtained The Bank of New York Mellon's
(the "Custodian") security position
reconciliations for all securities held by sub
custodians and in book entry form and
verified that reconciling items were cleared
in a timely manner;
2.	Confirmation with the Custodian of all
securities held, hypothecated, pledged or
placed in escrow or out for transfer with
brokers or pledgees;
3.	Reconciliation of the Fund's accounting
records to the Custodian's records as of
February 28, 2015;
4.	Agreement of pending purchase activity for
the Fund as of February 28, 2015 to
documentation of corresponding subsequent
bank statements;
5.	Agreement of pending sale activity for the
Fund as of February 28, 2015 to
documentation of corresponding subsequent
bank statements;
6.	Agreement of a minimum of five security
purchases and five security sales from the
period May 31, 2014 (the date of the Fund's
last examination) through February 28,
2015, from the books and records of the
Fund to the bank statements noting that they
had been accurately recorded and
subsequently settled;
7.	Review of the BNY Mellon Asset Servicing
Custody and Securities Lending Services
Service Organization Control Report ("SOC
1 Report") for the period January 1, 2014 to
December 31, 2014 and noted no relevant
findings were reported in the areas of Asset
Custody and Control;
8.	We inquired of the Custodian who
confirmed that all control policies and
procedures detailed in Section III Control
Objectives, Controls and Tests of Operating
Effectiveness of the SOC 1 Report, have
remained in operation and functioned
adequately from January 1, 2015 through
February 28, 2015. In addition, we have
obtained written representations from the
Custodian confirming the above.

We believe that our examination provides a
reasonable basis for our opinion. 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 February 28, 2015, and
from May 31, 2014 through February 28, 2015,
with respect to securities reflected in the investment
accounts 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 the Dreyfus 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.

/s/ KPMG LLP
New York, New York
August 31, 2015




August 31, 2015

Management Statement Regarding Compliance
With
Certain Provisions of the Investment Company
Act of 1940

Management of Dreyfus High Yield Strategies Fund
(the "Fund"), is 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.  Management is
also responsible for establishing and maintaining
effective internal controls over compliance with
those requirements. Management has performed an
evaluation of the Fund's compliance with the
requirements of subsections (b) and (c) of Rule 17f-
2 as of February 28, 2015 and from May 31, 2014
through February 28, 2015.

Based on the evaluation, Management asserts 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 February
28, 2015 and from May 31, 2014 through February
28, 2015 with respect to securities reflected in the
investment accounts of the Fund.

Dreyfus High Yield Strategies Fund

Jim Windels
Treasurer

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