Raymond James & Associates Sells 5,239 Shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF)

Raymond James & Associates trimmed its position in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF) by 4.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 111,111 shares of the company’s stock after selling 5,239 shares during the quarter. Raymond James & Associates’ holdings in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund were worth $906,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Heron Bay Capital Management grew its stake in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 115.3% during the fourth quarter. Heron Bay Capital Management now owns 739,920 shares of the company’s stock worth $6,030,000 after buying an additional 396,245 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. grew its position in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 193.3% during the 3rd quarter. Thomas J. Herzfeld Advisors Inc. now owns 212,500 shares of the company’s stock worth $1,649,000 after acquiring an additional 140,038 shares during the last quarter. Atlas Wealth LLC increased its holdings in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 27.8% in the 3rd quarter. Atlas Wealth LLC now owns 210,760 shares of the company’s stock worth $1,635,000 after purchasing an additional 45,794 shares in the last quarter. Virtus ETF Advisers LLC increased its holdings in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 89.2% in the 3rd quarter. Virtus ETF Advisers LLC now owns 65,093 shares of the company’s stock worth $505,000 after purchasing an additional 30,688 shares in the last quarter. Finally, Shaker Financial Services LLC raised its position in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 54.4% in the third quarter. Shaker Financial Services LLC now owns 33,936 shares of the company’s stock valued at $263,000 after purchasing an additional 11,957 shares during the last quarter.

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

Shares of DCF stock opened at $8.50 on Tuesday. The business’s 50-day moving average price is $8.52 and its 200-day moving average price is $8.20. BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. has a 12 month low of $7.36 and a 12 month high of $8.74.

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

The firm also recently announced a monthly dividend, which will be paid on Thursday, April 25th. Shareholders of record on Thursday, April 11th will be issued a dividend of $0.035 per share. This represents a $0.42 dividend on an annualized basis and a yield of 4.94%. The ex-dividend date is Wednesday, April 10th.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Company 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.