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Author's note: This article was released to members on September 3, 2020, with certain numbers updated. Please check latest data before investing.
Ares Dynamic Credit Allocation Fund (ARDC), a seemingly perennial entry in our DxY and DxYxZ top lists from our "High-High-Low" reports, has recently released its semi-annual report so I just wanted to give members and readers a quick update on this fund, which is a holding in our Tactical income-100 portfolio. ARDC last closed on September 11, 2020 at a discount of -13.49% with a yield of 9.03% paid monthly (NAV