Profile

BNY Mellon Alcentra Global Credit I... (DCF)

$7.36

-0.05 (-0.67%)

None
N/A
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New York Stock Exchange

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc., formerly Dreyfus Alcentra Global Credit Income 2024 Target Term Fund, Inc., is a closed-end managed investment company. The Fund’s investment objective is to seek high current income and to return. Under normal market conditions, the Fund will invest at least 80% of its managed assets in credit instruments and other investments with similar economic characteristics. Such credit instruments include: 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. BNY Mellon Investment Adviser, Inc. serves as the Fund's investment advisor.