BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund (DCF) has a ROE of 25.14%, above the sector sector average of -4.11%.
Get informed when a big investor buys or sells
+ Follow25.14%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
As of the most recent data, DCF shows a ROE of 25.14%. That is above the sector sector average of -4.11%. Scroll down for historical charts and peer comparison views.
The its sector sector average ROE is about -4.11%. BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund is at 25.14%, which is higher that average. That is roughly 712.1% above the sector mean. Use the comparison chart on this page to see how DCF stacks up against individual peers as well.
Check the historical chart to see whether DCF's ROE is trending up or down. Improvement over multiple periods is generally more meaningful than a single strong quarter. Compare BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund with peers to see if the move is company-specific or sector-wide.
Besides this return on equity page, Stockcircle has BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect ROE (currently 25.14%) with ownership activity and broader fundamentals.