BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Announces Details of Liquidation
NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) (the "Fund") announced today additional details concerning the liquidation and termination of ...
What are the tax implications for shareholders receiving liquidation distributions, and how does this compare to similar fund closures in the credit space?
How will the liquidation impact the liquidity and pricing of XALCX shares in the secondary market, and are there any expected abnormal trading volumes or price gaps?
What is the projected timeline and process for liquidating the fund's assets, and how might this affect the fund's net asset value leading up to the termination date?
23 days ago