BNY Mellon Alcentra Global Creditome 2024 Target Term Fund FCF Yield % : 0.92 (As of Apr. 30, 2024)

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What is BNY Mellon Alcentra Global Creditome 2024 Target Term Fund FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's Trailing 12-Month Free Cash Flow is $1.17 Mil, and Market Cap is $127.43 Mil. Therefore, BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's FCF Yield % for today is 0.92%.

The historical rank and industry rank for BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's FCF Yield % or its related term are showing as below:

DCF' s FCF Yield % Range Over the Past 10 Years
Min: 0.4 Med: 9.49 Max: 18.69
Current: 0.92

During the past 6 years, the highest FCF Yield % of BNY Mellon Alcentra Global Creditome 2024 Target Term Fund was 18.69%. The lowest was 0.40%. And the median was 9.49%.

DCF's FCF Yield % is ranked worse than
59.47% of 1594 companies
in the Asset Management industry
Industry Median: 3.21 vs DCF: 0.92

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's FCF Margin % for the quarter that ended in Feb. 2024 was -2.24%.

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund FCF Yield % Historical Data

The historical data trend for BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund FCF Yield % Chart

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

FCF Yield %

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1.35

17.47

9.16

0.43

12.21

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund Semi-Annual Data
	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
FCF Yield %	Get a 7-Day Free Trial						-15.82	19.38	22.25	2.48	-0.44

Competitive Comparison of BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's FCF Yield %

For the Asset Management subindustry, BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's FCF Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's FCF Yield % distribution charts can be found below:

* The bar in red indicates where BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's FCF Yield % falls into.

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's FCF Yield % for the fiscal year that ended in Aug. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	14.264	/	116.855453
	=	12.21%

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's annualized FCF Yield % for the quarter that ended in Feb. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-0.282	*	2	/	127.205936
	=	-0.44%

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund FCF Yield % Related Terms

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BNY Mellon Alcentra Global Creditome 2024 Target Term Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Inc (NYSE:DCF) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o BNY Mellon Investment Adviser, Inc., 240 Greenwich Street, New York, NY, USA, 10286

Website

https://www.bnymellonim.com

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Inc is a diversified closed-end management investment company. Its investment objectives are to seek high current income and to return at least the Fund's original NAV to holders of record of common shares on or about the termination date.

Executives

Bushra Mannan	other: Director of BNYMIA (1)	C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Irene Papadoulis	other: Director of BNYMIA (1)	C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Ping Jiang	other: Dir. of Invest. Oversight (1)	C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Bradley J Skapyak	officer: President	200 PARK AVENUE, NEW YORK NY 10166
Joseph Martella	officer: VP	C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10288
Daniel Goldstein	officer: VP	240 GREENWICH STREET, NEW YORK NY 10286
Robert J. Pomeroy	officer: VP; Investment Adviser	C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Vinay Patel	other: Head of Finance of Sub-Adviser	200 PARK AVE, NEW YORK CITY NY 10166
Alcentra Ny, Llc	other: Sub-Adviser	200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166
Brandon Chao	other: Portfolio Mgr of Sub-Adviser	200 PARK AVENUE, NEW YORK CITY NY 10166
Laurence Raven	other: Portfolio Mgr of Sub-Adviser	200 PARK AVENUE, NEW YORK CITY NY 10166
Ross Curran	other: Portfolio Mgr of Sub-Adviser	200 PARK AVENUE, NEW YORK CITY NY 10166
Cathy Bevan	other: Portfolio Mgr of Sub-Adviser	200 PARK AVENUE, NEW YORK CITY NY 10166
Daire Wheeler	other: Portfolio Mgr of Sub-Adviser	200 PARK AVENUE, NEW YORK CITY NY 10166
Eric Larsson	other: Portfolio Mgr of Sub-Adviser	C/O ALCENTRA NY LLC, 200 PARK AVENUE, NEW YORK CITY NY 10166