PAGE 1 000 A000000 09/30/2007 000 C000000 0001057861 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 U 001 A000000 DREYFUS HIGH YIELD STRATEGIES FUND 001 B000000 811-8703 001 C000000 2129228297 002 A000000 200 PARK AVENUE 002 B000000 NEW YORK 002 C000000 NY 002 D010000 10166 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 N 007 B000000 0 007 C010100 1 007 C010200 2 007 C010300 3 007 C010400 4 007 C010500 5 007 C010600 6 007 C010700 7 007 C010800 8 007 C010900 9 007 C011000 10 014 A000001 BNY CAPITAL MARKETS, INC. 014 B000001 8-36321 014 A000002 BNY CONVERGE EX EXECUTION SOLUTIONS, LLC 014 B000002 8-46838 014 A000003 BNY INVESTMENT CENTER, INC. 014 B000003 8-51868 014 A000004 BNY TRADING LLC 014 B000004 8-49418 014 A000005 B-TRADE SERVICES LLC 014 B000005 8-49343 014 A000006 G-TRADE SERVICES LLC 014 B000006 8-67304 014 A000007 LOCKWOOD FINANCIAL SERVICES, INC. 014 B000007 8-49116 014 A000008 MELLON FINANCIAL MARKETS, LLC 014 B000008 8-35255 014 A000009 MELLON SECURITIES LLC 014 B000009 8-51710 014 A000010 PERSHING ADVISOR SOLUTIONS LLC PAGE 2 014 B000010 8-47425 014 A000011 PERSHING LLC 014 B000011 8-17574 014 A000012 WESTMINSTER RESEARCH ASSOCIATES INC. 014 B000012 8-28900 015 A000001 MELLON TRUST OF NEW ENGLAND, N.A. 015 B000001 S 015 C010001 EVERETT 015 C020001 MA 015 C030001 02149 015 E030001 X 018 000000 Y 019 A000000 Y 019 B000000 174 019 C000000 DREYFUSFAM 020 A000001 CIBC WORLD MARKETS CORP. 020 B000001 13-2798343 020 C000001 15 020 A000002 MORGAN STANLEY 020 B000002 13-2655998 020 C000002 7 020 A000003 LEHMAN BROTHERS INC. 020 B000003 13-2518466 020 C000003 3 020 C000004 0 020 C000005 0 020 C000006 0 020 C000007 0 020 C000008 0 020 C000009 0 020 C000010 0 021 000000 25 022 A000001 BANK OF AMERICA SECURITIES LLC 022 B000001 56-2058405 022 C000001 16125 022 D000001 8703 022 A000002 CREDIT SUISSE FIRST BOSTON CORPORATION 022 B000002 13-5659485 022 C000002 13262 022 D000002 7675 022 A000003 MORGAN STANLEY 022 B000003 13-2655998 022 C000003 14225 022 D000003 5585 022 A000004 LEHMAN BROTHERS INC. 022 B000004 13-2518466 022 C000004 8650 022 D000004 10413 022 A000005 J.P. MORGAN CHASE & CO. 022 B000005 13-3224016 022 C000005 13896 PAGE 3 022 D000005 4597 022 A000006 DEUTSCHE BANK SECURITIES INC. 022 B000006 13-2730828 022 C000006 3600 022 D000006 12281 022 A000007 CITIGROUP GLOBAL MARKETS INC. 022 B000007 11-2418191 022 C000007 5612 022 D000007 2839 022 A000008 MERRILL LYNCH, PIERCE, FENNER & SMITH INC. 022 B000008 13-5674085 022 C000008 4617 022 D000008 5411 022 A000009 GOLDMAN, SACHS & CO. 022 B000009 13-5108880 022 C000009 6698 022 D000009 2382 022 A000010 BEAR, STEARNS & CO. INC. 022 B000010 13-3299429 022 C000010 3315 022 D000010 5139 023 C000000 105079 023 D000000 82691 024 000000 N 025 D000001 0 025 D000002 0 025 D000003 0 025 D000004 0 025 D000005 0 025 D000006 0 025 D000007 0 025 D000008 0 026 A000000 N 026 B000000 Y 026 C000000 N 026 D000000 Y 026 E000000 N 026 F000000 N 026 G010000 N 026 G020000 N 026 H000000 Y 027 000000 N 028 A010000 0 028 A020000 0 028 A030000 0 028 A040000 0 028 B010000 0 028 B020000 0 028 B030000 0 028 B040000 0 028 C010000 0 PAGE 4 028 C020000 0 028 C030000 0 028 C040000 0 028 D010000 0 028 D020000 0 028 D030000 0 028 D040000 0 028 E010000 0 028 E020000 0 028 E030000 0 028 E040000 0 028 F010000 0 028 F020000 0 028 F030000 0 028 F040000 0 028 G010000 0 028 G020000 0 028 G030000 0 028 G040000 0 028 H000000 0 030 A000000 0 030 B000000 0.00 030 C000000 0.00 031 A000000 0 031 B000000 0 032 000000 0 033 000000 0 035 000000 0 036 B000000 0 038 000000 0 042 A000000 0 042 B000000 0 042 C000000 0 042 D000000 0 042 E000000 0 042 F000000 0 042 G000000 0 042 H000000 0 043 000000 0 044 000000 0 045 000000 Y 046 000000 N 047 000000 Y 048 000000 0.900 048 A010000 0 048 A020000 0.000 048 B010000 0 048 B020000 0.000 048 C010000 0 048 C020000 0.000 048 D010000 0 PAGE 5 048 D020000 0.000 048 E010000 0 048 E020000 0.000 048 F010000 0 048 F020000 0.000 048 G010000 0 048 G020000 0.000 048 H010000 0 048 H020000 0.000 048 I010000 0 048 I020000 0.000 048 J010000 0 048 J020000 0.000 048 K010000 0 048 K020000 0.000 053 A000000 Y 053 B000000 Y 053 C000000 N 054 A000000 Y 054 B000000 Y 054 C000000 Y 054 D000000 N 054 E000000 N 054 F000000 N 054 G000000 Y 054 H000000 Y 054 I000000 N 054 J000000 Y 054 K000000 N 054 L000000 Y 054 M000000 Y 054 N000000 N 054 O000000 Y 055 A000000 Y 055 B000000 Y 056 000000 N 057 000000 N 058 A000000 N 059 000000 Y 060 A000000 N 060 B000000 N 061 000000 0 062 A000000 Y 062 B000000 0.0 062 C000000 0.0 062 D000000 0.0 062 E000000 0.0 062 F000000 0.0 062 G000000 0.0 062 H000000 0.0 062 I000000 0.0 PAGE 6 062 J000000 0.0 062 K000000 0.0 062 L000000 0.8 062 M000000 0.0 062 N000000 0.0 062 O000000 0.0 062 P000000 125.6 062 Q000000 2.9 062 R000000 1.8 063 A000000 0 063 B000000 5.4 064 A000000 N 064 B000000 N 066 A000000 N 067 000000 N 068 A000000 N 068 B000000 N 069 000000 N 070 A010000 Y 070 A020000 N 070 B010000 Y 070 B020000 N 070 C010000 Y 070 C020000 N 070 D010000 Y 070 D020000 N 070 E010000 Y 070 E020000 N 070 F010000 Y 070 F020000 N 070 G010000 Y 070 G020000 N 070 H010000 Y 070 H020000 N 070 I010000 Y 070 I020000 N 070 J010000 Y 070 J020000 Y 070 K010000 Y 070 K020000 Y 070 L010000 Y 070 L020000 Y 070 M010000 Y 070 M020000 Y 070 N010000 Y 070 N020000 N 070 O010000 Y 070 O020000 Y 070 P010000 Y 070 P020000 N 070 Q010000 N PAGE 7 070 Q020000 N 070 R010000 Y 070 R020000 N 071 A000000 106798 071 B000000 134130 071 C000000 448600 071 D000000 24 072 A000000 6 072 B000000 17320 072 C000000 583 072 D000000 0 072 E000000 0 072 F000000 2114 072 G000000 0 072 H000000 0 072 I000000 216 072 J000000 30 072 K000000 0 072 L000000 39 072 M000000 91 072 N000000 24 072 O000000 0 072 P000000 4228 072 Q000000 0 072 R000000 49 072 S000000 11 072 T000000 0 072 U000000 0 072 V000000 45 072 W000000 35 072 X000000 6882 072 Y000000 692 072 Z000000 11713 072AA000000 5906 072BB000000 11722 072CC010000 0 072CC020000 7820 072DD010000 12224 072DD020000 0 072EE000000 0 073 A010000 0.1700 073 A020000 0.0000 073 B000000 0.0000 073 C000000 0.0000 074 A000000 5199 074 B000000 0 074 C000000 0 074 D000000 415990 074 E000000 4746 074 F000000 853 074 G000000 0 PAGE 8 074 H000000 0 074 I000000 2470 074 J000000 2085 074 K000000 0 074 L000000 9160 074 M000000 88 074 N000000 440591 074 O000000 3716 074 P000000 296 074 Q000000 0 074 R010000 0 074 R020000 0 074 R030000 0 074 R040000 113152 074 S000000 0 074 T000000 323427 074 U010000 71487 074 U020000 0 074 V010000 4.52 074 V020000 0.00 074 W000000 0.0000 074 X000000 523 074 Y000000 0 075 A000000 0 075 B000000 325016 076 000000 3.87 077 A000000 N 078 000000 N SIGNATURE ERIK D. NAVILOFF TITLE ASSISTANT TREASURER