Press Release: BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Declares Distribution

Dow Jones
May 29, 2025
NEW YORK--(BUSINESS WIRE)--May 28, 2025-- 

On May 28, 2025, BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) declared a distribution of $2.00 per share of common stock, payable on June 26, 2025, to shareholders of record at the close of business on June 11, 2025. The ex-dividend date is June 11, 2025. The previous distribution declared in February was a quarterly distribution of $2.00 per share of common stock. The Fund will be liquidated after the close of business on August 29, 2025. This will be the final distribution for the Fund.

The Fund intends to pay most, but likely not all, of its net income to common shareholders in monthly income dividends. As portfolio and market conditions may change, the distribution rate, the composition of the distribution and the Fund's policy to declare distributions monthly 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 $2.0 trillion in assets under management as of March 31, 2025. Through a client-first approach, BNY Investments brings investors specialist expertise through its seven investment firms offering solutions across every major asset class and backed by the breadth and scale of BNY. Additional information on BNY Investments is available on www.bnymellonim.com. Follow us on LinkedIn for the latest company news and activity.

BNY Investments is a division of BNY, which has $53.1 trillion in assets under custody and/or administration as of March 31, 2025. Established in 1784, BNY is America's oldest bank. Today, BNY powers capital markets around the world through comprehensive solutions that help clients manage and service their financial assets throughout the investment life cycle. BNY is the corporate brand of The Bank of New York Mellon Corporation $(BK)$. Additional information is available on www.bnymellon.com. Follow us on LinkedIn or visit our newsroom for the latest company news.

BNY Investments' website is intended to allow investors public access to information regarding the Fund and does not, and is not intended to, incorporate the website in this release.

The Fund's investment returns and principal values will fluctuate so that an investor's shares may be worth more or less than the original cost. There is no assurance that the Fund will achieve its investment objective.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250528912690/en/

 
    CONTACT:    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

New York, New York 10286

1-800-334-6899

 
 

(END) Dow Jones Newswires

May 28, 2025 17:30 ET (21:30 GMT)

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