Almitas Capital LLC Invests $951,000 in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF)

Almitas Capital LLC purchased a new position in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 107,409 shares of the company’s stock, valued at approximately $951,000.

Several other large investors also recently made changes to their positions in the stock. B. Riley Wealth Advisors Inc. boosted its stake in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 14.0% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 17,383 shares of the company’s stock worth $150,000 after acquiring an additional 2,138 shares in the last quarter. Heron Bay Capital Management boosted its stake in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 1.2% during the 2nd quarter. Heron Bay Capital Management now owns 749,245 shares of the company’s stock valued at $6,631,000 after purchasing an additional 9,055 shares during the period. Shaker Financial Services LLC boosted its stake in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 157.5% during the 2nd quarter. Shaker Financial Services LLC now owns 64,369 shares of the company’s stock valued at $570,000 after purchasing an additional 39,376 shares during the period. Kingswood Wealth Advisors LLC bought a new stake in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund during the 1st quarter valued at approximately $395,000. Finally, Choreo LLC bought a new stake in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund during the 1st quarter valued at approximately $422,000.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Stock Performance

Shares of NYSE:DCF opened at $9.22 on Friday. The business has a 50 day moving average price of $9.04 and a 200 day moving average price of $8.79. BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. has a twelve month low of $7.47 and a twelve month high of $9.22.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 24th. Investors of record on Wednesday, October 9th will be paid a dividend of $0.035 per share. The ex-dividend date is Wednesday, October 9th. This represents a $0.42 annualized dividend and a yield of 4.56%.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Profile

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc operates as a closed-end investment fund. The fund’s investment objective is to seek high current income and to invest in credit instruments and other investments. The company is headquartered in New York, NY.