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BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Declares Initial Distribution

November 26, 2019

NEW YORK--(BUSINESS WIRE)--Nov 26, 2019--

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) today declared an initial distribution of $1.625 per share of common stock, payable on December 27, 2019 to shareholders of record at the close of business on December 9, 2019. The ex-dividend date is December 6, 2019.

The Fund intends to distribute all or a portion of its net investment income to common shareholders on a quarterly basis. To permit the Fund to maintain a more stable quarterly distribution, the Fund may from time to time distribute less than the entire amount of income earned in a particular period. The undistributed income would be available to supplement future distributions. As portfolio and market conditions may change, the distribution rate, the composition of the distribution and the Fund’s policy to declare and pay distributions quarterly may be subject to change, including by the Board of Directors.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191126005838/en/

CONTACT: For Press Inquiries:

BNY Mellon Investment Adviser, Inc.

Benjamin Tanner

(212) 635-8676For Other Inquiries:

BNY Mellon Securities Corporation

The National Marketing Desk

240 Greenwich Street

New York, New York 10286

1-800-334-6899

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc.

Copyright Business Wire 2019.

PUB: 11/26/2019 04:07 PM/DISC: 11/26/2019 04:07 PM

http://www.businesswire.com/news/home/20191126005838/en