ARDC News and Press, Ares Dynamic Credit Allocation Fund Inc. From 04/28/23

2023-04-28 06:49:50 ET Summary We want to be ready if a recession comes, but we don't want to sacrifice income or pay a heavy "opportunity cost" if the long-awaited recession fails to happen. Best of both worlds: Senior, secured corporate loans sit at the top of the balance sheet,...

2023-04-18 04:06:07 ET Summary Income investors have a variety of utility functions and see value in different metrics and securities. However, one thing most income investors agree on is that they don't enjoy seeing their portfolio income moving south. In this article, we dis...

2023-04-11 16:23:57 ET Ares Dynamic Credit Allocation Fund ( NYSE: ARDC ) declares $0.1125/share monthly dividend , in line with previous. Forward yield 11.22% Payable April 28; for shareholders of record April 21; ex-div April 20. See ARDC Dividend Scorecard...

Ares Dynamic Credit Allocation Fund, Inc. (the “Fund”) (NYSE: ARDC) announced today that it has increased its monthly distribution for April 2023 to $0.1125 per common share from $0.1075 in March 2023, payable as noted below. The following dates apply to the declared distrib...

2023-04-04 08:00:00 ET Summary GraniteShares HIPS US High Income ETF holds an equal weight portfolio in CEFs, MLPs, REITs, and BDCs. The change in underlying index last month was not a major one. The 4 asset categories are characterized by capital decay. HIPS has a stable ...

2023-03-30 08:00:00 ET Summary Only funds with yields over 8%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxY funds are HFRO, KIO, and ARDC. Author’s note: This article was ...

2023-03-23 09:14:23 ET Summary We revisit the credit CEF ARDC. ARDC features an attractive income profile with significant floating-rate exposure and majority of its liabilities in fixed-rate format. The fund has raised its distribution twice over the past year. ARDC conti...

2023-03-13 09:00:00 ET Summary As the Fed looks to continue to raise interest rates in 2023, floating rate funds like JRO stand to benefit and offer well-covered high yield income. At a discount to NAV of more than -10% and a monthly distribution of $0.074 yielding 11%, JRO is a B...

2023-03-09 05:23:39 ET Summary First Trust CEF Income Opportunity ETF is an actively managed fund of funds. It has outperformed its competitors YYY and PCEF since 2016. Distribution growth has outpaced inflation, but share price has lagged it. The main issues of this fund ...

2023-03-07 14:21:46 ET Summary Ares Dynamic Credit Allocation Fund invests in a well-diversified portfolio of fixed-rate and floating-rate securities to provide investors with a high level of income. The fund's allocation to floating-rate securities should help cushion the portfol...