BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (DCF)
NYSE · ClosedEndFund · CUSIP 05588N108
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Security Profile

Security Type
Closed-End Fund
CUSIP
05588N108
Previous Name
Dreyfus Alcentra Global Credit Income 2024 Target Term Fund, Inc.
Fund Description: BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc., formerly Dreyfus Alcentra Global Credit Income 2024 Target Term Fund, Inc.,, is a diversified closed-end management investment company. <p> INVESTMENT OBJECTIVE: The BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. seeks high current income and to return at least $9.835 per share of common stock (the public offering price per share of common stock after deducting a sales load of $0.165 per share but before deducting offering costs of $0.02 per share (Original NAV) to holders of record of shares of common stock on or about 12/1/2024 <p> FUND STRATEGY: .The Fund's focus on diversified investing in floating rate instruments across the U.S. and European credit markets offers investors enhanced yield potential combined with active risk management and has a limited term of approximately seven years. The Fund normally will invest at least 80% of its managed assets in credit instruments and other investments with similar economic characteristics, including: first lien secured floating rate loans, as well as investments in participations and assignments of such loans; second lien, senior unsecured, mezzanine and other collateralized and uncollateralized subordinated loans; corporate debt obligations other than loans; and structured products, including collateralized bond, loan and other debt obligations, structured notes and credit-linked notes. The Fund's assets will be allocated to certain credit strategies, focusing on senior and subordinated loans, corporate debt, special situations investments and structured credit instruments, and among different types of credit instruments within those credit strategies based on absolute and relative value considerations and analysis of the credit markets. <p> FUND MANAGEMENT: BNY Mellon Investment Adviser, Inc. will serve as the investment adviser to the Fund. Alcentra NY, LLC serves as the Fund's sub-investment adviser.1
Notes: Effective on June 3, 2019, the Dreyfus U.S. Retail business and its long-term mutual funds was renamed BNY Mellon to align with the BNY Mellon Investment Management brand. As part of this initiative,

Company Contact

PRS
Stephen E. Canter
TRS
James Windels
Headquarters
200 Park Avenue, New York, NY 10166
Phone
212-922-6000 · Toll-Free 800-645-6561
Fax
212-922-6570
Investor Relations
National Marketing Desk · 800-782-6620 · info@bnymellon.com
General Email
custserv@bnymellon.com
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