B. Riley Wealth Advisors Inc. Decreases Stake in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF)

B. Riley Wealth Advisors Inc. reduced its position in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF) by 12.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,245 shares of the company’s stock after selling 2,138 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund were worth $125,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Bulldog Investors LLP purchased a new stake in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund in the fourth quarter worth about $647,000. Cerity Partners LLC raised its holdings in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 2.0% in the fourth quarter. Cerity Partners LLC now owns 78,414 shares of the company’s stock worth $639,000 after buying an additional 1,574 shares during the period. Finally, Heron Bay Capital Management raised its holdings in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 115.3% in 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 period.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Trading Up 0.8 %

Shares of NYSE DCF opened at $8.80 on Friday. BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. has a fifty-two week low of $7.47 and a fifty-two week high of $8.97. The business’s 50 day moving average price is $8.64 and its 200-day moving average price is $8.48.

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

The company also recently disclosed a monthly dividend, which will be paid on Thursday, July 25th. Investors of record on Thursday, July 11th will be paid a $0.035 dividend. The ex-dividend date of this dividend is Thursday, July 11th. This represents a $0.42 annualized dividend and a yield of 4.77%.

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.