BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution
January 25 2024 - 5:05PM
Business Wire
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 February 23, 2024, to
shareholders of record at the close of business on February 8,
2024. The ex-dividend date is February 7, 2024. The previous
distribution declared in December 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 $2.0 trillion in assets under management as of December 31,
2023. Through a client-first approach, BNY Mellon Investment
Management brings investors specialist expertise through its seven
investment firms offering solutions across every major asset class
and backed by the breadth and scale of BNY Mellon. Additional
information on BNY Mellon Investment Management is available on
www.bnymellonim.com. Follow us on LinkedIn for the latest company
news and activity.
BNY Mellon Investment Management is a division of BNY
Mellon, which has $47.8 trillion in assets under custody and/or
administration as of December 31, 2023. Established in 1784, BNY
Mellon is America's oldest bank. Today, BNY Mellon powers capital
markets around the world through comprehensive solutions that help
clients manage and service their financial assets throughout the
investment life cycle. 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
LinkedIn or visit our 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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version on businesswire.com: https://www.businesswire.com/news/home/20240125659561/en/
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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