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BNY Mellon Alcentra Global Multi-Strategy Credit Fund (XALCX) has completed its liquidation on August 29, 2025, with a final NAV of $87.0614. Final distributions to shareholders are scheduled for the week of September 2, 2025.
The fund was managed by BNY Mellon Investment Adviser, part of BNY Investments, which manages $2.1 trillion in assets. The parent company, BNY, oversees $55.8 trillion in assets under custody and/or administration as of June 30, 2025.
BNY Mellon Alcentra Global Multi-Strategy Credit Fund (XALCX) has announced its upcoming liquidation and termination details. The Fund will terminate at the close of business on August 29, 2025, marking approximately six years since its initial public offering.
The final NAV calculation is scheduled for the Termination Date, with final distributions planned for the week of September 2, 2025. BNY Mellon Investment Adviser, Inc., the Fund's investment adviser, is part of BNY Investments, which manages $2.1 trillion in assets as of June 30, 2025. The parent company, BNY, oversees $55.8 trillion in assets under custody and/or administration.
BNY Mellon Alcentra Global Multi-Strategy Credit Fund (XALCX) has declared its final distribution of $2.00 per share of common stock, payable on June 26, 2025, to shareholders of record as of June 11, 2025. This matches the previous quarterly distribution amount. Notably, the Fund will be liquidated after the close of business on August 29, 2025.
BNY Investments, the fund's manager, oversees $2.0 trillion in assets under management as of March 31, 2025, while its parent company BNY has $53.1 trillion in assets under custody and/or administration.
BNY Alcentra Global Multi-Strategy Credit Fund (XALCX) has announced a distribution of $2.00 per share of common stock, payable on April 1, 2025, to shareholders of record as of March 13, 2025. This follows previous distributions in December, which included a quarterly distribution of $2.00 and a special year-end distribution of $5.85 per share.
The Fund aims to distribute net investment income quarterly, with flexibility to distribute less than the total earned amount to maintain stable distributions. Distribution rates are influenced by factors including asset mix, portfolio maturity, hedging strategies, and market conditions. The Fund is managed by BNY Investment Adviser, part of BNY Investments, which manages $2.0 trillion in assets as of December 31, 2024.
BNY Alcentra Global Multi-Strategy Credit Fund (XALCX) has announced two significant distributions: a quarterly distribution of $2.00 per share and a special year-end distribution of $5.85 per share of common stock. Both distributions will be paid on January 3, 2025, to shareholders of record as of December 27, 2024.
The distributions will be taxable to shareholders in 2024, despite being paid in 2025. The Fund maintains a policy of quarterly distributions of net investment income, with flexibility to distribute less than the total earned amount to ensure stable distributions. The distribution strategy considers various factors including asset mix, portfolio maturity, hedging, and market conditions.
The Fund operates as a diversified, closed-end management investment company under BNY Investment Adviser, part of BNY Investments, which manages $2.1 trillion in assets as of September 30, 2024.
BNY Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) has declared a distribution of $2.00 per share of common stock, payable on September 27, 2024, to shareholders of record as of September 13, 2024. This matches the previous quarterly distribution declared in May. The Fund aims to distribute all or part of its net investment income quarterly, potentially distributing less than the full amount earned to maintain stability. BNY Investment Adviser, Inc. manages the Fund as part of BNY Investments, which oversees $2.0 trillion in assets as of June 30, 2024. The Fund's distribution policy may change based on various factors, including market conditions and the Board of Directors' decisions.
On May 23, 2024, BNY Mellon Alcentra Global Multi-Strategy Credit Fund (XALCX) announced a distribution of $2.00 per share of common stock. This distribution is payable on June 24, 2024, to shareholders recorded by the close of business on June 7, 2024, which is also the ex-dividend date. The Fund aims to maintain quarterly distributions, reflecting its net investment income and broader market conditions. Managed under normal market conditions, the Fund's earnings depend on its asset mix, portfolio maturity, and hedging practices. BNY Mellon Investment Management, a division of BNY Mellon, oversees the Fund, managing $2.0 trillion in assets as of March 31, 2024.
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