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Income investors are eyeing high-yield fixed income vehicles with interest rates potentially declining in 2024.
Ares Dynamic Credit Allocation Fund offers attractive total return through current income and capital appreciation, investing primarily in senior loans and corporate bonds.
ARDC pays monthly distributions with a 12.08% yield, has outperformed its industry and the S&P 500, and is currently trading at a premium to NAV.
With interest rates possibly beginning to decline sometime in 2024, income investors hav e been looking at high yield fixed income vehicles....