{"id":819647,"date":"2025-02-27T16:52:23","date_gmt":"2025-02-27T21:52:23","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bny-mellon-alcentra-global-multi-strategy-credit-fund-inc-declares-distribution-10\/"},"modified":"2025-02-27T16:52:23","modified_gmt":"2025-02-27T21:52:23","slug":"bny-mellon-alcentra-global-multi-strategy-credit-fund-inc-declares-distribution-10","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bny-mellon-alcentra-global-multi-strategy-credit-fund-inc-declares-distribution-10\/","title":{"rendered":"BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Declares Distribution"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\">\nBNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Declares Distribution<\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nOn February 27, 2025, <b>BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) <\/b>declared a distribution of $2.00 per share of common stock, payable on April 1, 2025, to shareholders of record at the close of business on March 13, 2025. The ex-dividend date is March 13, 2025. The previous distributions declared in December were a quarterly distribution of $2.00 per share of common stock and a special year-end distribution of $5.85 per share of common stock.<\/p>\n<p>\nThe 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\u2019s distributions are reflective of the Fund\u2019s current and projected earnings levels. Various factors will affect the Fund\u2019s earnings, including the Fund\u2019s asset mix, the average maturity of the Fund\u2019s portfolio and the Fund\u2019s 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&#8217;s policy to declare and pay distributions quarterly may be subject to change, including by the Fund&#8217;s Board of Directors.<\/p>\n<p><b>Important Information<\/b><\/p>\n<p>\nBNY 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\u2019s largest asset managers, with $2.0 trillion in assets under management as of December 31, 2024. 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 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bnymellonim.com&amp;esheet=54216663&amp;newsitemid=20250227947605&amp;lan=en-US&amp;anchor=www.bnymellonim.com&amp;index=1&amp;md5=51a570ccd66126739c99ce1d2e8cc7d9\">www.bnymellonim.com<\/a>. Follow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fshowcase%2Fbnyinvestments%2F&amp;esheet=54216663&amp;newsitemid=20250227947605&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=2&amp;md5=fd9f3fbe9ca4739267ac42dd99b585c7\">LinkedIn<\/a> for the latest company news and activity.<\/p>\n<p>\nBNY Investments is a division of <b>BNY<\/b>, which has $52 trillion in assets under custody and\/or administration as of December 31, 2024. Established in 1784, BNY is America&#8217;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 (NYSE: BK). Additional information is available on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.bny.com%2F&amp;esheet=54216663&amp;newsitemid=20250227947605&amp;lan=en-US&amp;anchor=www.bnymellon.com&amp;index=3&amp;md5=6cca3d373a4beb0e91fb142f5a5a4646\">www.bnymellon.com<\/a>. Follow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fshowcase%2Fbnyinvestments%2F&amp;esheet=54216663&amp;newsitemid=20250227947605&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=4&amp;md5=45abbebee43c25b8cbd97c95a44449ea\">LinkedIn<\/a> or visit our <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.bnymellon.com%2Fus%2Fen%2Fabout-us%2Fnewsroom.html&amp;esheet=54216663&amp;newsitemid=20250227947605&amp;lan=en-US&amp;anchor=newsroom&amp;index=5&amp;md5=7d2856b3ccecfbedfa9aaad1c59990e9\">newsroom<\/a> for the latest company news.<\/p>\n<p>\nBNY Investments&#8217; 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.<\/p>\n<p>\nThe Fund&#8217;s investment returns and principal values will fluctuate so that an investor&#8217;s shares may be worth more or less than the original cost. There is no assurance that the Fund will achieve its investment objective.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250227947605r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250227947605\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250227947605\/en\/<\/a><\/span><\/p>\n<p>\nFor Press Inquiries:<br \/>\n<br \/>BNY Mellon Investment Adviser, Inc.<br \/>\n<br \/>Jessica Greaney<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:jessica.greaney@bny.com\">jessica.greaney@bny.com<br \/>\n<\/a><br \/>Taylor Ventrice<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:taylor.ventrice@bny.com\">taylor.ventrice@bny.com<\/a><\/p>\n<p>\nFor Other Inquiries:<br \/>\n<br \/>BNY Mellon Securities Corporation<br \/>\n<br \/>The National Marketing Desk<br \/>\n<br \/>240 Greenwich Street<br \/>\n<br \/>New York, New York 10286<br \/>\n<br \/>1-800-334-6899<\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Asset Management Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250227947605\/en\/2169965\/3\/BNY_Investments_Logo_2024.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Declares Distribution NEW YORK&#8211;(BUSINESS WIRE)&#8211; On February 27, 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 April 1, 2025, to shareholders of record at the close of business on March 13, 2025. The ex-dividend date is March 13, 2025. The previous distributions declared in December were a quarterly distribution of $2.00 per share of common stock and a special year-end distribution of $5.85 per share of common stock. 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bny-mellon-alcentra-global-multi-strategy-credit-fund-inc-declares-distribution-10\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Declares Distribution&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-819647","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. 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(Ticker: XALCX) declared a distribution of $2.00 per share of common stock, payable on April 1, 2025, to shareholders of record at the close of business on March 13, 2025. The ex-dividend date is March 13, 2025. The previous distributions declared in December were a quarterly distribution of $2.00 per share of common stock and a special year-end distribution of $5.85 per share of common stock. 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 &hellip; Continue reading &quot;BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. 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