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. (DCF)
US:NYSE Investor Relations:
bnymellon.com/us/en/newsroom/news/press-releases/dreyfus-alcentra-global-credit-income-2024-target-term-fund-attracts-140-million-in-its-initial-public-offering-10-31-2017-newsi.jsp
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) (the “Fund”) announced today additional details concerning the liquidation of the Fund. In accordance with its investment objectives and organizational documents, the Fund plans to terminate and liquidate on or about November 25, 2024 (the “Termination Date”). As the Fund prepares for its liquidation on the Termination Date, the Fund will deviate from its stated investment strategy and policies. The Fund’s investment objective is to seek a high current income and to return $9.835 per share (the original net asset value (“NAV”) per Common Share before deducting offering costs of $0.02 per share) (“Original NAV”) to common shareholders on the Termination Date. As previously disclosed, based on current market conditions, management anticipates that the Fund’s objective of returning the Original NAV to common shareholders on or about the Termination Date will not be met. The obj
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Sec Filings
- 11/21/24 - Form N-CSR/A
- 11/12/24 - Form N-CEN
- 11/6/24 - Form SC
- DCF's page on the SEC website