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DCF / DCF: Locking In High Returns With Fixed Term Closed-End Bond Funds

DCF: Locking In High Returns With Fixed Term Closed-End Bond Funds
The BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Inc. (DCF) is a fixed term closed-end credit fund with a December 2024 maturity. The DCF fund is currently trading at a 5.3% discount to NAV, and its portfolio is estimated to be trading at a 3% discount to par. Combining with the fund's 5.5% distribution, investors may be able to 'lock in' 7-9% forward returns assuming normalized credit losses. Read More
Posted: Jul 26 2023, 11:48
Author Name: Seeking Alpha
Views: 102514

DCF News  

DCF: Presenting An Opportunity

By Seeking Alpha
July 31, 2023

DCF: Presenting An Opportunity

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund offers an opportunity for investors to buy shares at a discount, with its anticipated l more_horizontal

DCF: Locking In High Returns With Fixed Term Closed-End Bond Funds

By Seeking Alpha
July 26, 2023

DCF: Locking In High Returns With Fixed Term Closed-End Bond Funds

The BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Inc. (DCF) is a fixed term closed-end credit fund with a December 2024 maturity. Th more_horizontal

DCF: When Term Funds Get Lucky

By Seeking Alpha
January 19, 2023

DCF: When Term Funds Get Lucky

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund is a fixed income closed end fund. The CEF has a defined maturity date of December 1, 2 more_horizontal


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