Latest news with #BNYInvestments
Bloomberg
a day ago
- Business
- Bloomberg
Economist Reinhart Expects Fed Rate Cut By End of Year
Vincent Reinhart, BNY Investments chief economist, previews this week's decision by the Federal Reserve's policy-setting Federal Open Market Committee. Speaking on "Bloomberg The Close," Reinhart says tariffs are a detour on the Fed's path to lower rates. (Source: Bloomberg)
Yahoo
25-06-2025
- Business
- Yahoo
BNY Mellon High Yield Strategies Fund Declares Dividend
NEW YORK, June 25, 2025--(BUSINESS WIRE)--On June 25, 2025, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared from net investment income a monthly cash dividend of $0.0175 per share of beneficial interest, payable on July 24, 2025, to shareholders of record at the close of business on July 10, 2025. The ex-dividend date is July 10, 2025. The previous dividend declared in May was $0.0175 per share of beneficial interest. 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 $2.0 trillion in assets under management as of March 31, 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 Follow us on LinkedIn for the latest company news and activity. BNY Investments is a division of BNY, which has $53.1 trillion in assets under custody and/or administration as of March 31, 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 Follow us on LinkedIn or visit our newsroom for the latest company news. Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's investment returns and principal values will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value of the fund's portfolio. There is no assurance that the Fund will achieve its investment objective. This release is for informational purposes only and should not be considered as investment advice or a recommendation of any particular security. View source version on Contacts For Press Inquiries:BNY Mellon Investment Adviser, Taylor For Other Inquiries:BNY Mellon Securities CorporationThe National Marketing Desk240 Greenwich StreetNew York, New York 102861-800-334-6899 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
18-06-2025
- Business
- Bloomberg
Dot Plot Was More Dovish Than Expected: BNY Economist
Bloomberg Markets: The Close Vincent Reinhart, BNY Investments, Chief Economist speaks with Alix Steel and Romaine Bostick about Fed Day and inflation forecasts. (Source: Bloomberg)
CNBC
30-05-2025
- Business
- CNBC
Fed will ease if inflation expectations are well contained, says BNY's Vincent Reinhart
Vincent Reinhart, BNY Investments chief economist, joins 'Money Movers' to discuss PCE data, the Fed and inflation impact on rate cuts.
Yahoo
28-05-2025
- Business
- Yahoo
BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Declares Distribution
NEW YORK, May 28, 2025--(BUSINESS WIRE)--On May 28, 2025, BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) declared a distribution of $2.00 per share of common stock, payable on June 26, 2025, to shareholders of record at the close of business on June 11, 2025. The ex-dividend date is June 11, 2025. The previous distribution declared in February was a quarterly distribution of $2.00 per share of common stock. The Fund will be liquidated after the close of business on August 29, 2025. This will be the final distribution for the Fund. The Fund intends to pay most, but likely not all, of its net income to common shareholders in monthly income dividends. As portfolio and market conditions may change, the distribution rate, the composition of the distribution and the Fund's policy to declare distributions monthly may be subject to change, including by the Board of Directors. Important Information 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 Investments. BNY Investments is one of the world's largest asset managers, with $2.0 trillion in assets under management as of March 31, 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 Follow us on LinkedIn for the latest company news and activity. BNY Investments is a division of BNY, which has $53.1 trillion in assets under custody and/or administration as of March 31, 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 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. The Fund's investment returns and principal values will fluctuate so that an investor's shares may be worth more or less than the original cost. There is no assurance that the Fund will achieve its investment objective. View source version on Contacts For Press Inquiries:BNY Mellon Investment Adviser, Taylor For Other Inquiries:BNY Mellon Securities CorporationThe National Marketing Desk240 Greenwich StreetNew York, New York 102861-800-334-6899 Error while retrieving data Sign in to access your portfolio Error while retrieving data
