BNY Mellon Investment Management

Financial Recovery Technologies Selected by BNY Mellon's Asset Servicing Business to Power its Settled Class Actions Recovery Program

Retrieved on: 
Monday, April 24, 2023

MEDFORD, Mass., April 24, 2023 /PRNewswire/ -- Financial Recovery Technologies (FRT), the leading global securities class actions recovery provider, today announced it will power the North American class action filing and recovery service for BNY Mellon's custody clients, including broader access to comprehensive non-U.S. alerts for global markets. This expands upon the alliance that was announced in 2021. 

Key Points: 
  • MEDFORD, Mass., April 24, 2023 /PRNewswire/ -- Financial Recovery Technologies (FRT), the leading global securities class actions recovery provider, today announced it will power the North American class action filing and recovery service for BNY Mellon's custody clients, including broader access to comprehensive non-U.S. alerts for global markets.
  • The announcement is the latest milestone in BNY Mellon's focus on building a digital-driven custody ecosystem for its clients to ensure resilient and scalable solutions.
  • "This partnership builds on a multi-year effort to provide the most comprehensive class action solution for BNY Mellon's custody clients," said Rob Adler, Chief Executive Officer at FRT.
  • "BNY Mellon and FRT made significant investments to automate and streamline the service, encompassing the entire lifecycle of the workflow."

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Announces Dates of Quarterly Tender Offer

Retrieved on: 
Monday, April 10, 2023

Shareholders should read these documents and related exhibits carefully as the documents contain important information about the Fund's Tender Offer.

Key Points: 
  • Shareholders should read these documents and related exhibits carefully as the documents contain important information about the Fund's Tender Offer.
  • BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. is a diversified, closed-end management investment company.
  • BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $44.3 trillion in assets under custody and/or administration as of December 31, 2022.

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution

Retrieved on: 
Tuesday, April 4, 2023

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0400 per share of common stock, payable on May 1, 2023 to shareholders of record at the close of business on April 20, 2023.

Key Points: 
  • BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0400 per share of common stock, payable on May 1, 2023 to shareholders of record at the close of business on April 20, 2023.
  • BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
  • BNY Mellon Investment Management is one of the world’s largest asset managers, with $1.8 trillion in assets under management as of December 31, 2022.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $44.3 trillion in assets under custody and/or administration as of December 31, 2022.

BNY Mellon Municipal Bond Closed-End Funds Declare Distributions

Retrieved on: 
Thursday, March 30, 2023

BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.

Key Points: 
  • BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
  • BNY Mellon Investment Management is one of the world’s largest asset managers, with $1.8 trillion in assets under management as of December 31, 2022.
  • Through an investor-first approach, BNY Mellon Investment Management brings to clients the best of both worlds: specialist expertise from seven investment firms offering solutions across every major asset class, backed by the strength, stability, and global presence of BNY Mellon.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $44.3 trillion in assets under custody and/or administration as of December 31, 2022.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution

Retrieved on: 
Wednesday, March 29, 2023

On March 29, 2023, BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) declared a distribution of $0.050 per share of common stock, payable on April 27, 2023, to shareholders of record at the close of business on April 13, 2023.

Key Points: 
  • On March 29, 2023, BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) declared a distribution of $0.050 per share of common stock, payable on April 27, 2023, to shareholders of record at the close of business on April 13, 2023.
  • The Fund intends to pay most, but likely not all, of its net income to common shareholders in monthly income dividends.
  • BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $44.3 trillion in assets under custody and/or administration as of December 31, 2022.

BNY Mellon High Yield Strategies Fund Declares Dividend

Retrieved on: 
Tuesday, March 28, 2023

BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.

Key Points: 
  • BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
  • BNY Mellon Investment Management is one of the world’s largest asset managers, with $1.8 trillion in assets under management as of December 31, 2022.
  • Through an investor-first approach, BNY Mellon Investment Management brings to clients the best of both worlds: specialist expertise from seven investment firms offering solutions across every major asset class, backed by the strength, stability, and global presence of BNY Mellon.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $44.3 trillion in assets under custody and/or administration as of December 31, 2022.

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Shareholders Approve a New Sub-Investment Advisory Agreement

Retrieved on: 
Thursday, March 16, 2023

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") announced that, at a Special Meeting of Shareholders held on March 16, 2023, shareholders of the Fund approved a new sub-investment advisory agreement between BNY Mellon Investment Adviser, Inc. ("BNYM Investment Adviser"), the Fund's investment adviser, and Alcentra NY, LLC ("Alcentra NY"), the Fund's current sub-adviser (the "New Sub-Advisory Agreement"), effective as of March 17, 2023.

Key Points: 
  • BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") announced that, at a Special Meeting of Shareholders held on March 16, 2023, shareholders of the Fund approved a new sub-investment advisory agreement between BNY Mellon Investment Adviser, Inc. ("BNYM Investment Adviser"), the Fund's investment adviser, and Alcentra NY, LLC ("Alcentra NY"), the Fund's current sub-adviser (the "New Sub-Advisory Agreement"), effective as of March 17, 2023.
  • BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. is a diversified, closed-end management investment company.
  • BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $44.3 trillion in assets under custody and/or administration as of December 31, 2022.

Morgan Stanley Announces a Successful Year of “The Equity Collective” a Diversity-Driven Collaboration Between 27 Wealth and Asset Management Firms

Retrieved on: 
Monday, March 6, 2023

One year later, the 27-member group is proud to announce the successes of the program and their re-dedication to a multi-year commitment.

Key Points: 
  • One year later, the 27-member group is proud to announce the successes of the program and their re-dedication to a multi-year commitment.
  • Since launching in 2022, the Equity Collective has led more than 100 events, engaging with students through partners at Boys & Girls Clubs of America (BGCA), hellohive , and Team IMPACT .
  • “We’re proud of the work we’ve done this past year – but we’ve only scratched the surface,” said Andy Saperstein, Co-President of Morgan Stanley and Head of Morgan Stanley Wealth Management.
  • “The only way to make a significant impact is through highly collaborative leadership and that is what Putnam and other leading firms have signed on to do."

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution

Retrieved on: 
Thursday, March 2, 2023

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0400 per share of common stock, payable on April 3, 2023 to shareholders of record at the close of business on March 17, 2023.

Key Points: 
  • BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0400 per share of common stock, payable on April 3, 2023 to shareholders of record at the close of business on March 17, 2023.
  • BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
  • BNY Mellon Investment Management is one of the world’s largest asset managers, with $1.8 trillion in assets under management as of December 31, 2022.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $44.3 trillion in assets under custody and/or administration as of December 31, 2022.

BNY Mellon Municipal Bond Closed-End Funds Declare Distributions

Retrieved on: 
Wednesday, March 1, 2023

BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.

Key Points: 
  • BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
  • BNY Mellon Investment Management is one of the world’s largest asset managers, with $1.8 trillion in assets under management as of December 31, 2022.
  • Through an investor-first approach, BNY Mellon Investment Management brings to clients the best of both worlds: specialist expertise from seven investment firms offering solutions across every major asset class, backed by the strength, stability, and global presence of BNY Mellon.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $44.3 trillion in assets under custody and/or administration as of December 31, 2022.