BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. - DCF STOCK NEWS

BNY Alcentra Global Credit Income 2024 Target Term Fund (NYSE: DCF) has announced details of its upcoming liquidation, scheduled for November 25, 2024. The Fund's trading on NYSE will continue through November 20, 2024, and suspend before market open on November 21, 2024. While the Fund's original objective was to return $9.835 per share (the original NAV) to shareholders upon termination, management indicates this target will likely not be met under current market conditions. The Fund will deviate from its stated investment strategy as it prepares for liquidation. BNY Investments, managing $2.1 trillion in assets, oversees the Fund through BNY Investment Adviser.

BNY Alcentra Global Credit Income 2024 Target Term Fund (NYSE: DCF) has declared a monthly distribution of $0.035 per share, payable on October 24, 2024, to shareholders of record as of October 9, 2024. This matches the previous distribution declared in August. The fund will be liquidated after November 25, 2024, making this the final distribution.

The Fund aims to pay most of its net income to shareholders through monthly dividends, though this policy may change based on market conditions. BNY Investment Adviser, part of BNY Investments, manages the Fund. BNY Investments is a major asset manager with $2.0 trillion under management as of June 30, 2024. BNY, the parent company, has $49.5 trillion in assets under custody and/or administration.

BNY Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) has declared a monthly distribution of $0.035 per share of common stock, payable on September 26, 2024. The ex-dividend date is September 12, 2024. This matches the previous distribution declared in July.

The Fund aims to pay most of its net income to shareholders through monthly dividends, though this policy may change. BNY Investment Adviser, Inc., the Fund's investment adviser, is part of BNY Investments, which manages $2.0 trillion in assets as of June 30, 2024. BNY Investments is a division of BNY, which has $49.5 trillion in assets under custody and/or administration.

As a closed-end fund, DCF is traded on the secondary market through stock exchanges. Investors should note that the Fund's returns and share values may fluctuate, and shares may trade at a premium or discount to the net asset value.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) has declared a monthly distribution of $0.035 per share of common stock, payable on September 3, 2024. The ex-dividend date is August 8, 2024. This matches the previous distribution declared in June.

The Fund aims to pay most of its net income to shareholders through monthly dividends, though this policy may change. BNY Mellon Investment Adviser, Inc., part of BNY Investments, manages the Fund. BNY Investments is a major asset manager with $2.0 trillion in assets under management as of June 30, 2024. BNY, the parent company, has $49.5 trillion in assets under custody and/or administration.

On June 26, 2024, BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund (NYSE: DCF) announced a monthly distribution of $0.035 per share, payable on July 25, 2024, to shareholders recorded by July 11, 2024, which is also the ex-dividend date. This matches the previous distribution declared in May. The Fund's policy is to distribute most of its net income to shareholders, though this may change based on market and portfolio conditions. BNY Mellon Investment Adviser, part of BNY Investments, manages the Fund. BNY Investments, a division of BNY, oversees $2.0 trillion in assets and provides specialized investment solutions across major asset classes. BNY has $48.8 trillion in assets under custody and administration as of March 31, 2024, and is one of the oldest banks in America. Closed-end fund shares like those of the Fund may trade at a premium or discount to their net asset value.

On May 22, 2024, BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund (NYSE: DCF) announced a monthly distribution of $0.035 per share, payable on June 21, 2024, to shareholders of record as of June 6, 2024. The ex-dividend date is June 6, 2024. This distribution matches the amount declared in April 2024. The Fund plans to distribute most of its net income in monthly dividends, though this could change based on market conditions and Board decisions. BNY Mellon Investment Management, the Fund's adviser, manages $2.0 trillion in assets as of March 31, 2024. BNY Mellon manages a total of $48.8 trillion in assets under custody/administration. Notably, the Fund's performance and share value can fluctuate, and there is no guarantee of achieving its investment objectives.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) declared a monthly distribution of $0.035 per share of common stock, payable on May 23, 2024, to shareholders of record at the close of business on May 9, 2024. The ex-dividend date is May 8, 2024. The Fund aims to pay most of its net income to common shareholders in monthly income dividends, subject to changes in portfolio and market conditions. BNY Mellon Investment Adviser, Inc., the Fund's investment adviser, is part of BNY Mellon Investment Management, a leading asset manager with $2.0 trillion in assets under management as of March 31, 2024. The Fund's investment returns and principal values may fluctuate, and there is no guarantee of achieving its investment objective.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) declares a distribution of $0.035 per share of common stock, payable on April 25, 2024, to shareholders of record at the close of business on April 11, 2024. The Fund aims to pay most of its net income to common shareholders in monthly dividends, subject to market conditions.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (DCF) announces a distribution of $0.035 per share of common stock, payable on March 21, 2024, to shareholders of record on March 7, 2024. The Fund aims to pay most of its net income to common shareholders in monthly dividends, subject to change based on market conditions. BNY Mellon Investment Adviser, Inc., part of BNY Mellon Investment Management, manages the Fund with $2.0 trillion in assets under management as of December 31, 2023.