BNY Mellon Alcentra Gl Crd Inc 2024 Tgt:DCF

    Manage Alerts

    Overview

    As of 7/10/2020

     Share
    Price
    NAVPremium/
    Discount
    Current$7.82$8.17-4.28%
    52 Wk Avg$8.54$8.60-0.96%
    52 Wk High$9.79$9.377.28%
    52 Wk Low$4.60$6.47-27.40%
    Regular Distribution TypeIncome Only
    Distribution Rate7.67%
    Distribution Amount$0.0500
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s investment objectives are to seek high current income and to return at least $9.835 per Common Share (the public offering price per Common Share (as defined below) after deducting a sales load of $0.165 per Common Share but before deducting offering costs of $0.02 per Common Share (“Original NAV”)) to holders of record of Common Shares on or about December 1, 2024 (the “Termination Date”) (subject to certain extensions described herein).

    Capital Structure

    As of 7/10/2020

    Total Investment Exposure:$182.249M
    Total Common Assets:$122.249M
    Common Shares Outstanding:14,963,133
    Leverage

    As of 8/31/2018

    Preferred Share Assets:
    Total Debt (USD): $60.000M
    Regulatory Leverage (USD): $60.000M
    Effective Leverage (USD): $60.000M
    Effective Leverage (%): 32.92%
    Annual Expense Ratios

    As of 8/31/2019

      Per Common Share
    Management Fees1.22%
    Other Expenses:0.25%
    Baseline Expense: N/A
    Interest Expense:1.52%
    Total: 2.99%
    Fund Management

    Fund Sponsor
    BNY Mellon

    Portfolio Managers
    Chris Barris, Leland Hart, Hiram Hamilton, Kevin L. Cronk

    Basics
    Category: Fixed Income - Taxable-Multi-Sector
    Ticker: DCF
    NAV Ticker: XDCFX
    Average Daily Volume (shares): 37,048
    Average Daily Volume (USD): $0.310M
    Inception Date: 10/27/2017
    Inception Share Price: $10.00
    Inception NAV: $9.82
    Tender Offer: No
    Term: Yes
    Fiscal Year End: August 31
    Third Party Links & Reports

    Distributions

    As of 7/10/2020

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 2/29/2020
    $0.2935
    Annualized Distribution Rate on NAV:
    As of 7/10/2020
    7.34%
    Total Return on NAV (12 months):
    As of 7/10/2020
    -5.75%
    Avg. Portfolio Coupon:
    As of 7/10/2020
    6.27%
    Total % Portfolio Effectively Leveraged:
    As of 7/10/2020
    32.92%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 7/10/2020

    PeriodAvg Discount
    6 Month-2.27%
    1 Year-0.96%
    3 Year 
    5 Year 
    Z-Score

    As of 7/10/2020

    PeriodZStat
    3 Month-0.22
    6 Month-0.39
    1 Year-0.84
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 6/30/2020
    Category: Morningstar US CEF Multi-Sector

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-14.22%-8.49%-10.77%-7.51%
    201929.28%13.05%20.20%12.36%
    2018-11.67%-3.69%-2.48%-0.11%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 6/30/2020
    Category: Morningstar US CEF Multi-Sector

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    AMT:
    As of 5/31/2020
    0.00%
    Average Coupon:
    As of 7/10/2020
    6.27%
    Average Maturity:
    As of 5/31/2020
    5.56 yrs
    Number of Holdings:
    As of 5/31/2020
    329
    Annual Portfolio Turnover:
    As of 8/31/2019
    54.94%
    Average Bond Price:
    As of 5/31/2020
    $90.64
    Asset Allocation

    As of 5/31/2020 reported by Fund Sponsor

    Top Sectors

    As of 5/31/2020 reported by Fund Sponsor

    Sector%Portfolio
    Corporate (Super Sector)86.86%
    Corporate Bond52.09%
    Bank Loan34.33%
    Securitized (Super Sector)13.13%
    Asset Backed13.13%
    Convertible0.45%
    Cash Equivalents (Super Sector)0.33%
    Cash Equivalents0.33%
    Future Forward-0.32%
    Derivative (Super Sector)-0.32%
    Top Holdings

    As of 5/31/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    Eg Finco Ltd$2.65M1.63%
    St. Pauls CLO V Ltd. 6.6%$2.63M1.62%
    Camelia Bidco Ltd$2.28M1.41%
    Asurion Llc$2.21M1.36%
    Cairn CLO III B.V. 6.6%$2.16M1.33%
    Ai Avocado Holding Bv$2.07M1.28%
    Idemia Identity & Securi$2.05M1.26%
    Penta CLO 2 B.V. 5.48%$2.04M1.26%
    Indigocyan Holdco 3 Ltd$1.79M1.10%
    OZLM XIII Limited 6.21%$1.59M0.98%
    Maturity Breakdown

    As of 5/31/2020 reported by Fund Sponsor

    Country Allocation

    As of 5/31/2020 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income40.66%
    Ireland - Fixed Income7.15%
    Netherlands - Fixed Income3.88%
    France - Fixed Income2.81%
    Canada - Fixed Income2.68%
    United Kingdom - Fixed Income2.62%
    Others - Fixed Income2.41%
    Denmark - Fixed Income1.10%
    Germany - Fixed Income0.94%
    Sweden - Fixed Income0.42%
    Switzerland - Fixed Income0.33%
    Italy - Fixed Income0.22%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-1014244PR-E1119W