BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution
August 24 2023 - 5:04PM
Business Wire
On August 24, 2023, BNY Mellon Alcentra Global Credit Income
2024 Target Term Fund, Inc. (NYSE: DCF) declared a distribution
of $0.035 per share of common stock, payable on September 22, 2023,
to shareholders of record at the close of business on September 8,
2023. The ex-dividend date is September 7, 2023. The previous
distribution declared in July was $0.035 per share of common
stock.
The Fund intends to pay most, but likely not all, of its net
income to common shareholders in monthly income dividends. As
portfolio and market conditions may change, the distribution rate,
the composition of the distribution and the Fund's policy to
declare distributions monthly may be subject to change, including
by the Board of Directors.
Important Information
BNY Mellon Investment Adviser, Inc., the investment adviser for
the Fund, is part of BNY Mellon Investment Management. BNY Mellon
Investment Management is one of the world’s largest asset managers,
with $1.9 trillion in assets under management as of June 30, 2023.
Through an investor-first approach, BNY Mellon Investment
Management brings to clients the best of both worlds: specialist
expertise from seven investment firms offering solutions across
every major asset class, backed by the strength, stability, and
global presence of BNY Mellon. Additional information on BNY Mellon
Investment Management is available on www.bnymellonim.com.
BNY Mellon Investment Management is a division of BNY Mellon,
which has $46.9 trillion in assets under custody and/or
administration as of June 30, 2023. BNY Mellon can act as a single
point of contact for clients looking to create, trade, hold,
manage, service, distribute or restructure investments. BNY Mellon
is the corporate brand of The Bank of New York Mellon Corporation
(NYSE: BK). Additional information is available on
www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our
newsroom at www.bnymellon.com/newsroom for the latest company
news.
Closed-end funds are traded on the secondary market through one
of the stock exchanges. The Fund's investment returns and principal
values will fluctuate so that an investor’s shares may be worth
more or less than the original cost. Shares of closed-end funds may
trade above (a premium) or below (a discount) the net asset value
of the fund’s portfolio. There is no assurance that the Fund will
achieve its investment objective.
This release is for informational purposes only and should not
be considered as investment advice or a recommendation of any
particular security.
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For Press Inquiries: BNY Mellon Investment Adviser, Inc. Sue
Watt (212) 815-3757
For Other Inquiries: BNY Mellon Securities Corporation The
National Marketing Desk 240 Greenwich Street New York, New York
10286 1-800-334-6899
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