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BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Announces Details of Liquidation

1. BNY Mellon Alcentra Global Multi-Strategy Credit Fund announced liquidation plans. 2. The termination date is set for August 29, 2025. 3. Final distributions to investors will occur in early September 2025. 4. BNY Investments, part of BNY Mellon, manages $2.1 trillion in assets. 5. BNY Mellon has $55.8 trillion in assets under custody.

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Why Neutral?

While the liquidation indicates necessary restructuring, BNY remains robust with substantial assets. Historically, similar funds saw minor immediate impacts on related stocks.

How important is it?

The article discusses BNY Investments' fund liquidation, significant for investor confidence; however, BNY's overall stability dampens potential price volatility.

Why Long Term?

Investments may take time to reorganize, affecting market perception of BNY's management efficacy. Long-term positions may see more significant adjustments based on performance post-liquidation.

Related Companies

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) (the "Fund") announced today additional details concerning the liquidation and termination of the Fund. In accordance with the Fund's Charter, the Fund's Board of Directors has approved the termination date of the Fund. The Fund will terminate at the close of business on or about August 29, 2025, approximately the sixth anniversary of the closing date of the Fund's initial public offering (the "Termination Date"). The final NAV is expected to be calculated on the Termination Date with final distributions to be made the week of September 2, 2025.

Important Information

BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Investments. BNY Investments is one of the world's largest asset managers, with $2.1 trillion in assets under management as of June 30, 2025. Through a client-first approach, BNY Investments brings investors specialist expertise through its seven investment firms offering solutions across every major asset class and backed by the breadth and scale of BNY. Additional information on BNY Investments is available on www.bny.com/investments. Follow us on LinkedIn for the latest company news and activity.

BNY Investments is a division of BNY, which has $55.8 trillion in assets under custody and/or administration as of June 30, 2025. Established in 1784, BNY is America's oldest bank. Today, BNY powers capital markets around the world through comprehensive solutions that help clients manage and service their financial assets throughout the investment life cycle. BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE:BK). Additional information is available on www.bny.com. Follow us on LinkedIn or visit our newsroom for the latest company news.

BNY Investments' website is intended to allow investors public access to information regarding the Fund and does not, and is not intended to, incorporate the website in this release.

For Press Inquiries:

BNY Mellon Investment Adviser, Inc.

Jessica Greaney

jessica.greaney@bny.com

Taylor Ventrice

taylor.ventrice@bny.com

For Other Inquiries:

BNY Mellon Securities Corporation

The National Marketing Desk

240 Greenwich Street

New York, New York 10286

1-800-334-6899

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