BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 200 Park Avenue New York City NY United States of America 10166
- IPO Date
- Oct 30, 2017
- CIK
- 0001627854
- Similar Companies
- Business
- BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) operates as a closed-end management investment fund that seeks high current income and capital return at maturity through investments in a diversified portfolio of credit instruments and similar securities from issuers primarily in the United States and Europe; these include first lien secured floating-rate loans and participations or assignments thereof, second lien and senior unsecured loans, mezzanine and other subordinated loans, corporate debt securities excluding loans, and structured products such as collateralized loan and bond obligations, structured notes, and credit-linked notes. The Fund maintains at least 80% of its managed assets in such credit instruments, with a portfolio historically featuring approximately 52% floating-rate assets and 48% fixed-rate high-yield securities as of mid-2024, targeting companies across various sectors while focusing on senior loans, high-yield bonds, and structured credit opportunities. Headquartered in New York, NY, the Fund was launched prior to 2022 and managed by BNY Mellon Investment Adviser, Inc. as investment adviser with Alcentra NY, LLC serving as sub-adviser until operational changes in 2022 related to BNY Mellon's divestiture of Alcentra to Franklin Templeton, alongside portfolio manager transitions including the appointment of new key personnel. In recent developments, the Fund announced plans for liquidation on or about November 25, 2024, aligning with its target term maturity originally set for December 2024, and completed termination and distribution to shareholders on that date, marking the conclusion of its operations with a final NAV increase noted in prior quarters.
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BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Announces Completion of Liquidation
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Announces Details of Liquidation
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution
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BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution
BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Announces Final Results of Quarterly Tender Offer
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution
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BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution
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