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BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Stock Price, News & Analysis

xalcx

Company Description

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (XALCX) is a closed-end management investment company. It aims to provide high current income and capital appreciation by investing in a diversified portfolio of non-investment-grade corporate debt securities.

The fund's strategy focuses on global credit markets, seeking to take advantage of opportunities across various industries and geographies. With a target term ending in 2024, investors can benefit from a fixed termination date. BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. strives to deliver value to shareholders through disciplined credit analysis, risk management, and active portfolio management.

Stock Performance

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SEC Filings

No SEC filings available for BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund.

Financial Highlights

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Frequently Asked Questions

What is the investment focus of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc.?

The fund primarily invests in non-investment-grade corporate debt securities with the goal of generating high current income and capital appreciation.

What is the target term for the fund?

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. aims to achieve its investment objectives by the year 2024, providing investors with a fixed termination date.

How does the fund manage risk?

The fund employs disciplined credit analysis, risk management techniques, and active portfolio management to mitigate risks and enhance returns for shareholders.