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BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc.
mutual fund
XALCX
Payout Change
Pending
Price as of:
$95.85
-0.05
-0.05%
primary theme
Bond Sector Diversified
share class
XALCX (Mutual Fund)
BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc.
Payout Change
Pending
Price as of:
$95.85
-0.05
-0.05%
primary theme
Bond Sector Diversified
share class
XALCX (Mutual Fund)
BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc.
Payout Change
Pending
Price as of:
$95.85
-0.05
-0.05%
primary theme
Bond Sector Diversified
share class
Name
As of 12/12/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
$95.85
$166 M
8.35%
$8.00
2.89%
Vitals
YTD Return
14.6%
1 yr return
17.9%
3 Yr Avg Return
7.7%
5 Yr Avg Return
8.5%
Net Assets
$166 M
Holdings in Top 10
20.2%
52 WEEK LOW AND HIGH
$95.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 2.89%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 59.22%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$25,000
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 12/12/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
$95.85
$166 M
8.35%
$8.00
2.89%
XALCX - Profile
Distributions
- YTD Total Return 14.6%
- 3 Yr Annualized Total Return 7.7%
- 5 Yr Annualized Total Return 8.5%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 8.12%
- Dividend Yield 8.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameBNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc.
-
Fund Family NameBNY Mellon Family of Funds
-
Inception DateAug 30, 2019
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChris Barris
Fund Description
XALCX - Performance
Return Ranking - Trailing
| Period | XALCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 14.6% | -11.1% | 18.9% | 1.08% |
| 1 Yr | 17.9% | -9.2% | 20.8% | 0.31% |
| 3 Yr | 7.7%* | -16.9% | 16.8% | 2.22% |
| 5 Yr | 8.5%* | -14.7% | 13.4% | 1.25% |
| 10 Yr | N/A* | -7.0% | 7.1% | N/A |
* Annualized
Return Ranking - Calendar
| Period | XALCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 7.5% | -12.0% | 8.9% | 1.24% |
| 2022 | -19.2% | -31.8% | 18.4% | 93.34% |
| 2021 | 0.7% | -16.2% | 25.7% | 15.25% |
| 2020 | 0.0% | -31.1% | 18.7% | 65.42% |
| 2019 | N/A | -6.1% | 15.3% | N/A |
Total Return Ranking - Trailing
| Period | XALCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 14.6% | -11.1% | 18.9% | 1.08% |
| 1 Yr | 17.9% | -9.2% | 20.8% | 0.31% |
| 3 Yr | 7.7%* | -16.9% | 16.8% | 2.22% |
| 5 Yr | 8.5%* | -14.7% | 13.4% | 1.25% |
| 10 Yr | N/A* | -7.0% | 7.1% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | XALCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.9% | -6.9% | 22.2% | 0.31% |
| 2022 | -12.6% | -31.8% | 21.1% | 82.57% |
| 2021 | 13.1% | -13.5% | 49.9% | 2.79% |
| 2020 | 8.3% | -28.6% | 24.1% | 18.36% |
| 2019 | N/A | -4.8% | 19.1% | N/A |
NAV & Total Return History
XALCX - Holdings
Concentration Analysis
| XALCX | Category Low | Category High | XALCX % Rank | |
|---|---|---|---|---|
| Net Assets | 166 M | 2.63 M | 143 B | 75.64% |
| Number of Holdings | 471 | 4 | 9638 | 53.04% |
| Net Assets in Top 10 | 33.5 M | -204 M | 89.4 B | 82.22% |
| Weighting of Top 10 | 20.23% | 5.8% | 265.8% | 66.04% |
Top 10 Holdings
- SOUND POINT CLO XXIII 2.49%
- CONTEGO CLO VII DAC 2.35%
- KKR CLO 22 LTD 2.18%
- SelectQuote Inc 2.11%
- CARLYLE EURO CLO 2019-1 DAC 2.00%
- ADAGIO CLO VIII DAC 1.94%
- APIDOS CLO XXX 1.82%
- CROWN POINT CLO 8 LTD 1.82%
- NORTHWOODS CAPITAL 25 LTD 1.76%
- PURPLE FINANCE CLO 2 DAC 1.75%
Asset Allocation
| Weighting | Return Low | Return High | XALCX % Rank | |
|---|---|---|---|---|
| Bonds | 139.14% | 0.00% | 199.60% | 4.99% |
| Cash | 34.92% | -94.66% | 99.97% | 3.90% |
| Stocks | 1.17% | -6.18% | 99.68% | 40.41% |
| Convertible Bonds | 0.18% | 0.00% | 33.50% | 75.48% |
| Preferred Stocks | 0.00% | 0.00% | 21.58% | 88.46% |
| Other | -75.22% | -75.22% | 147.15% | 100.00% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | XALCX % Rank | |
|---|---|---|---|---|
| Consumer Defense | 96.02% | 0.00% | 99.97% | 1.74% |
| Communication Services | 3.98% | 0.00% | 100.00% | 31.01% |
| Utilities | 0.00% | 0.00% | 100.00% | 91.88% |
| Technology | 0.00% | 0.00% | 28.30% | 90.14% |
| Real Estate | 0.00% | 0.00% | 100.00% | 90.72% |
| Industrials | 0.00% | 0.00% | 100.00% | 91.59% |
| Healthcare | 0.00% | 0.00% | 18.60% | 90.43% |
| Financial Services | 0.00% | 0.00% | 100.00% | 92.46% |
| Energy | 0.00% | 0.00% | 100.00% | 96.81% |
| Consumer Cyclical | 0.00% | 0.00% | 89.95% | 90.72% |
| Basic Materials | 0.00% | 0.00% | 100.00% | 90.72% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | XALCX % Rank | |
|---|---|---|---|---|
| US | 1.17% | -6.18% | 99.68% | 37.29% |
| Non US | 0.00% | -0.30% | 17.73% | 83.78% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | XALCX % Rank | |
|---|---|---|---|---|
| Corporate | 40.21% | 0.00% | 96.66% | 42.83% |
| Securitized | 29.16% | 0.00% | 99.65% | 31.08% |
| Cash & Equivalents | 1.39% | 0.00% | 94.89% | 70.58% |
| Municipal | 0.00% | 0.00% | 54.26% | 87.92% |
| Government | 0.00% | 0.00% | 99.43% | 96.46% |
| Derivative | -75.22% | -75.22% | 147.15% | 100.00% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | XALCX % Rank | |
|---|---|---|---|---|
| Non US | 74.01% | 0.00% | 74.14% | 0.78% |
| US | 65.12% | 0.00% | 199.60% | 70.20% |
XALCX - Expenses
Operational Fees
| XALCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 2.89% | 0.03% | 34.13% | 7.15% |
| Management Fee | 1.79% | 0.00% | 2.29% | 96.28% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.70% | N/A |
Sales Fees
| XALCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.50% | N/A |
Trading Fees
| XALCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| XALCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 59.22% | 0.00% | 632.00% | 34.72% |
XALCX - Distributions
Dividend Yield Analysis
| XALCX | Category Low | Category High | XALCX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 8.35% | 0.00% | 23.30% | 0.62% |
Dividend Distribution Analysis
| XALCX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | SemiAnnual | Monthly | Quarterly |
Net Income Ratio Analysis
| XALCX | Category Low | Category High | XALCX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 8.12% | -1.55% | 11.51% | 2.69% |
Capital Gain Distribution Analysis
| XALCX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 13, 2024 | $2.000 | OrdinaryDividend |
| Jun 07, 2024 | $2.000 | OrdinaryDividend |
| Mar 11, 2024 | $2.000 | OrdinaryDividend |
| Dec 27, 2023 | $2.380 | Extra |
| Dec 27, 2023 | $2.000 | OrdinaryDividend |
| Sep 14, 2023 | $2.000 | OrdinaryDividend |
| Jun 09, 2023 | $2.000 | OrdinaryDividend |
| Mar 09, 2023 | $2.000 | OrdinaryDividend |
| Dec 27, 2022 | $1.750 | OrdinaryDividend |
| Sep 13, 2022 | $1.750 | OrdinaryDividend |
| Jun 10, 2022 | $1.750 | OrdinaryDividend |
| Mar 10, 2022 | $1.750 | OrdinaryDividend |
| Dec 20, 2021 | $2.570 | OrdinaryDividend |
| Dec 20, 2021 | $2.570 | OrdinaryDividend |
| Sep 14, 2021 | $1.750 | OrdinaryDividend |
| Jun 11, 2021 | $1.750 | OrdinaryDividend |
| Jun 10, 2021 | $1.750 | OrdinaryDividend |
| Mar 10, 2021 | $1.750 | OrdinaryDividend |
| Dec 08, 2020 | $1.750 | OrdinaryDividend |
| Sep 14, 2020 | $1.750 | OrdinaryDividend |
| Jun 11, 2020 | $2.000 | OrdinaryDividend |
| Mar 12, 2020 | $2.000 | OrdinaryDividend |
XALCX - Fund Manager Analysis
Managers
Chris Barris
Start Date
Tenure
Tenure Rank
Aug 30, 2019
2.75
2.8%
Chris Barris, Kevin Cronk, CFA, and Leland Hart are the fund's primary portfolio managers, positions they have held since October 2010, September 2012 and February 2018, respectively. Messrs. Mr. Barris has been employed by BNYM Investment Adviser since July 2007 and is Global Head of High Yield and Deputy Chief Investment Officer at Alcentra, which he joined in January 2013. Mr. Cronk has been employed by BNYM Investment Adviser since July 2012 and is a Managing Director and Head of U.S. Credit at Alcentra, which he joined in January 2013. Mr. Hart has been employed by BNYM Investment Adviser since February 2018 and is a Managing Director and Head of U.S. Loans and High Yield at Alcentra, which he joined in January 2018. Prior to joining Alcentra, Mr. Hart was a managing director for BlackRock Asset Management, where he was employed since 2009. Messrs. Barris, Cronk and Hart manage the fund in their capacity as employees of BNYM Investment Adviser.
Leland Hart
Start Date
Tenure
Tenure Rank
Aug 30, 2019
2.75
2.8%
Leland Hart is primary portfolio manager from Dreyfus Corporation. Mr. Hart is a Managing Director and Head of U.S. Loans and High Yield at Alcentra. Mr. Hart has been Managing Director of BlackRock, Inc. since 2009; Partner of R3 Capital Partners ("R3") in 2009; Managing Director of R3 from 2008 - 2009; Managing Director of Lehman Brothers from 2006 - 2008; Executive Director of Lehman Brothers from 2003 - 2006.
Suhail Shaikh
Start Date
Tenure
Tenure Rank
Aug 30, 2019
2.75
2.8%
Suhail Shaikh is Director of Investment Strategy. He previously worked at Goldman Sachs:Income & Currency Asset Management (2000-2002). From 2002-2005 he worked in their Investment Strategy Group. Suhail studied at the London School of Economics & Political Sciences (1997-2000) and has been a CFA Charterholder since 2003.
Hiram Hamilton
Start Date
Tenure
Tenure Rank
Aug 30, 2019
2.75
2.8%
Hiram Hamilton is Portfolio Manager, Global Head of Structured Credit of Alcentra NY. He joined Alcentra NY in 2017 and Alcentra Limited in 2008.
Kevin Cronk
Start Date
Tenure
Tenure Rank
Aug 30, 2019
2.75
2.8%
Mr. Cronk joined Alcentra in January 2013 as part of the combination of Alcentra with Standish Mellon Asset Management Company LLC’s high yield business, and is the Head of U.S. Credit Research and a member of the U.S. Investment Committee. Mr. Cronk joined Standish Mellon Asset Management Company LLC, an affiliate of BNYM Investment Adviser and Alcentra, in 2011 from Columbia Management, where he worked for eleven years as a High Yield Analyst and Portfolio Manager. Prior to that, he worked as a High Yield Investment Associate at Putnam Investments.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 28.19 | 5.71 | 3.19 |
