ARDC News and Press, Ares Dynamic Credit Allocation Fund Inc. From 10/12/23

2023-10-12 14:59:18 ET Summary The BlackRock Credit Allocation Income Trust offers a high yield of 10.29%, but it is lower than other fixed-income closed-end funds. The BTZ closed-end fund has outperformed its peers in the past, but may have been slower to adapt its strategy to hi...

2023-10-10 17:20:53 ET More on Ares Dynamic Credit Allocation Fund ARDC: Another Distribution Hike For This 11%-Yielding CEF ARDC: A Very Good Choice For Anyone Seeking A High-Yielding CEF Dividend scorecard for Ares Dynamic Credit Allocation Fund For further...

2023-10-01 02:57:06 ET Summary The Virtus Total Return Fund has experienced a significant cut to its distribution and a decline in its price. The fund's top holdings have underperformed, mainly due to rising interest rates and a decline in the utility sector. It is unlikely th...

2023-09-20 11:17:44 ET Summary Ares Dynamic Credit Allocation Fund has increased its distribution for the fourth time in 18 months, reaching its highest distribution since inception. The ARDC closed-end fund's net income has risen to a record high since 2020, driven by the rise in...

2023-09-11 16:42:45 ET More on Ares Dynamic Credit Allocation Fund Dividend scorecard for Ares Dynamic Credit Allocation Fund ARDC: A Very Good Choice For Anyone Seeking A High-Yielding CEF For further details see: Ares Dynamic Credit Allocation Fund raises month...

Ares Dynamic Credit Allocation Fund, Inc. (the “Fund”) (NYSE: ARDC) announced today that it has increased its monthly distribution for September 2023 to $0.1175 per common share from $0.1125 in August 2023, payable as noted below. The following dates apply to the declared di...

2023-09-07 04:53:33 ET Summary BlackRock Corporate High Yield Fund offers a 10.13% yield, providing investors with extra income in an inflationary environment. The fund's recent performance has been surprising, with its share price rising despite rising interest rates. The fun...

2023-08-24 14:04:45 ET Summary Nuveen Credit Strategies Income Fund (JQC) is undergoing a transition with a new portfolio manager and several investment policy changes. The fund's discount to NAV has been persistent, but the current discount may make it an attractive choice as it ...

2023-08-21 12:40:40 ET Summary Rose's Income Garden consists of 5 high yield monthly payers from the energy, utility, and finance sectors. The top monthly payer in RIG is PennantPark Floating Rate Capital Ltd. with a dividend yield of 11.7%. Other high yield monthly payers in ...

2023-08-14 14:30:11 ET Summary The high level of inflation in the US is making it difficult for Americans to maintain their standard of living. Ares Dynamic Credit Allocation Fund, Inc. offers a high level of income for investors through its portfolio of debt securities. The f...