Welcome to our dedicated page for BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund news (Ticker: DCF), a resource for investors and traders seeking the latest updates and insights on BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund stock.
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On November 1, 2022, BNY Mellon completed the sale of Alcentra NY to Franklin Templeton. This transaction led to new sub-investment advisory agreements for the BNY Mellon High Yield Strategies Fund and BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Alcentra NY is now the sub-adviser under these agreements. While shareholder approval is pending for the BNY Mellon Alcentra Global Multi-Strategy Credit Fund, an interim advisory agreement has been approved to manage investments. BNY Mellon Investment Management oversees $1.8 trillion in assets.
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