BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Declares Quarterly Distribution and Special Year-End Distributions
BNY Alcentra Global Multi-Strategy Credit Fund (XALCX) has announced two significant distributions: a quarterly distribution of $2.00 per share and a special year-end distribution of $5.85 per share of common stock. Both distributions will be paid on January 3, 2025, to shareholders of record as of December 27, 2024.
The distributions will be taxable to shareholders in 2024, despite being paid in 2025. The Fund maintains a policy of quarterly distributions of net investment income, with flexibility to distribute less than the total earned amount to ensure stable distributions. The distribution strategy considers various factors including asset mix, portfolio maturity, hedging, and market conditions.
The Fund operates as a diversified, closed-end management investment company under BNY Investment Adviser, part of BNY Investments, which manages $2.1 trillion in assets as of September 30, 2024.
Il BNY Alcentra Global Multi-Strategy Credit Fund (XALCX) ha annunciato due significative distribuzioni: una distribuzione trimestrale di $2.00 per azione e una distribuzione speciale di fine anno di $5.85 per azione di azioni ordinarie. Entrambe le distribuzioni saranno pagate il 3 gennaio 2025, agli azionisti registrati al 27 dicembre 2024.
Le distribuzioni saranno imponibili per gli azionisti nel 2024, nonostante siano pagate nel 2025. Il Fondo mantiene una politica di distribuzioni trimestrali di reddito da investimento netto, con la flessibilità di distribuire meno dell'ammontare totale guadagnato per garantire distribuzioni stabili. La strategia di distribuzione considera vari fattori, tra cui il mix di attivi, la scadenza del portafoglio, la copertura e le condizioni di mercato.
Il Fondo opera come una società di investimento a chiusura diversificata, sotto la direzione di BNY Investment Adviser, parte di BNY Investments, che gestisce $2.1 trilioni in attivi al 30 settembre 2024.
El BNY Alcentra Global Multi-Strategy Credit Fund (XALCX) ha anunciado dos distribuciones significativas: una distribución trimestral de $2.00 por acción y una distribución especial de fin de año de $5.85 por acción de acciones ordinarias. Ambas distribuciones se pagarán el 3 de enero de 2025, a los accionistas registrados hasta el 27 de diciembre de 2024.
Las distribuciones serán gravables para los accionistas en 2024, a pesar de que se pagarán en 2025. El Fondo mantiene una política de distribuciones trimestrales de ingresos netos de inversión, con flexibilidad para distribuir menos que el total ganado para asegurar distribuciones estables. La estrategia de distribución considera varios factores, incluidos la mezcla de activos, la madurez de la cartera, la cobertura y las condiciones del mercado.
El Fondo opera como una empresa de inversión cerrada diversificada bajo la dirección de BNY Investment Adviser, parte de BNY Investments, que gestiona $2.1 billones en activos al 30 de septiembre de 2024.
BNY Alcentra Global Multi-Strategy Credit Fund (XALCX)는 두 가지 주요 분배를 발표했습니다: 주당 $2.00의 분기 배당금과 주당 $5.85의 특별 연말 배당금입니다. 두 분배는 2025년 1월 3일에 2024년 12월 27일 기준 주주에게 지급됩니다.
분배는 2024년에 주주에게 과세되며, 지급은 2025년에 이루어집니다. 펀드는 안정적인 분배를 보장하기 위해 총 수익액보다 적게 분배할 수 있는 유연성을 가지며, 순 투자 소득의 분기 배당 정책을 유지하고 있습니다. 분배 전략은 자산 혼합, 포트폴리오 만기, 헤징 및 시장 조건을 포함한 다양한 요소를 고려합니다.
펀드는 BNY Investment Adviser의 관리 하에 다각화된 폐쇄형 투자 회사로 운영되며, BNY Investments의 일환으로, 2024년 9월 30일 기준 $2.1 조의 자산을 관리하고 있습니다.
Le BNY Alcentra Global Multi-Strategy Credit Fund (XALCX) a annoncé deux distributions importantes : une distribution trimestrielle de 2,00 $ par action et une distribution spéciale de fin d'année de 5,85 $ par action d'actions ordinaires. Les deux distributions seront versées le 3 janvier 2025 aux actionnaires enregistrés au 27 décembre 2024.
Les distributions seront imposables pour les actionnaires en 2024, bien qu'elles soient versées en 2025. Le Fonds conserve une politique de distributions trimestrielles des revenus nets d'investissement, avec la flexibilité de distribuer moins que le montant total gagné pour garantir des distributions stables. La stratégie de distribution prend en compte divers facteurs tels que le mélange d'actifs, la maturité du portefeuille, la couverture et les conditions du marché.
Le Fonds fonctionne en tant que société de gestion d'investissement diversifiée à capital fermé sous BNY Investment Adviser, qui fait partie de BNY Investments, gérant un montant de 2,1 billions de dollars d'actifs au 30 septembre 2024.
Der BNY Alcentra Global Multi-Strategy Credit Fund (XALCX) hat zwei wesentliche Ausschüttungen angekündigt: eine quartalsweise Ausschüttung von $2,00 pro Anteil und eine sonstige Sonderausschüttung von $5,85 pro Anteil des Stammkapitals. Beide Ausschüttungen werden am 3. Januar 2025 an die am 27. Dezember 2024 eingetragenen Aktionäre ausgezahlt.
Die Ausschüttungen unterliegen im Jahr 2024 der Besteuerung für die Aktionäre, obwohl sie im Jahr 2025 ausgezahlt werden. Der Fonds verfolgt eine Politik von quartalsweisen Ausschüttungen des Nettoanlageertrags und hat die Flexibilität, weniger als den Gesamtbetrag auszuschütten, um stabile Ausschüttungen sicherzustellen. Die Ausschüttungsstrategie berücksichtigt verschiedene Faktoren wie die Asset-Mischung, die Laufzeit des Portfolios, Hedging und Marktbedingungen.
Der Fonds wird als diversifizierte, geschlossene Management-Investmentgesellschaft unter BNY Investment Adviser betrieben, einem Teil von BNY Investments, welches zum 30. September 2024 ein Vermögen von $2,1 Billionen verwaltet.
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For Federal income tax purposes, these distributions will be taxable to common shareholders in 2024, although the distributions will be paid in 2025. This press release is not for tax reporting purposes but is being provided to announce the amount of the Fund’s distributions that have been declared by the Fund's Board of Directors. In early 2025, the Fund will send common shareholders a Form 1099-DIV, specifying how to report these distributions for tax purposes.
The Fund intends to distribute all or a portion of its net investment income to common shareholders on a quarterly basis. To permit the Fund to maintain a more stable quarterly distribution, the Fund may from time to time distribute less than the entire amount of income earned in a particular period. The undistributed income would be available to supplement future distributions. Under normal market conditions, the Fund is managed in a manner such that the Fund’s distributions are reflective of the Fund’s current and projected earnings levels. Various factors will affect the Fund’s earnings, including the Fund’s asset mix, the average maturity of the Fund’s portfolio and the Fund’s use of hedging, as well as broader market conditions and interest rate levels. As portfolio and market conditions may change, the distribution rate, the composition of the distribution and the Fund's policy to declare and pay distributions quarterly may be subject to change, including by the Board of Directors.
Important Information
BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. is a diversified, closed-end management investment company. BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Investments. BNY Investments is one of the world’s largest asset managers, with
BNY Investments is a division of BNY, which has
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.
Jessica Greaney
jessica.greaney@bny.com
Taylor Ventrice
taylor.ventrice@bny.com
For Other Inquiries:
BNY Mellon Securities Corporation
The National Marketing Desk
240 Greenwich Street
1-800-334-6899
Source: BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc.
FAQ
What is the total distribution amount per share announced by XALCX for December 2024?
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How does XALCX's December 2024 quarterly distribution compare to its previous distribution?
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