BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution
May 22 2024 - 5:06PM
Business Wire
On May 22, 2024, 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 June 21, 2024, to
shareholders of record at the close of business on June 6, 2024.
The ex-dividend date is June 6, 2024. The previous distribution
declared in April 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 March 31, 2024.
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 $48.8 trillion in assets under custody and/or
administration as of March 31, 2024. 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/20240522918294/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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