ARDC News and Press, Ares Dynamic Credit Allocation Fund Inc. From 06/09/24

2024-06-09 10:11:00 ET Summary The "Quality" Closed-End Fund Report focuses on funds with distribution coverage exceeding 100% to reduce the risk of distribution cuts. The report provides rankings of "Quality" CEFs based on widest discounts, best z-scores, highest yields, and comb...

NEW YORK, NY / ACCESSWIRE / May 10, 2024 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of May 2024 of $0.1175 per common share, payable as noted below. The following dates apply to the declared distribut...

2024-05-03 15:34:13 ET Summary Nuveen Credit Strategies Income Fund offers a high yield of 11.61%, outperforming the market indices. The JQC closed-end fund's high allocation to floating-rate securities is favorable in the current interest rate environment. The fund's leverage...

2024-04-29 23:58:04 ET Summary Inflation is keeping the need for Fed rate cuts at bay, benefiting funds with higher floating-rate security investment exposure. Ares Dynamic Credit Allocation Fund and XAI Octagon Floating Rate & Alternative Income Trust are two funds that can c...

2024-04-08 12:20:24 ET Summary The XAI Octagon Floating Rate & Alternative Income Trust offers a high yield income stream and discounted DRIP option for investors. The XFLT closed-end fund has shown consistent performance and returned 28% over the past year, with a yield of ab...

2024-03-31 04:48:09 ET Summary The majority of US retirees, who are baby boomers, are unprepared for retirement and financially struggling. Investors are seeking private credit investments as a potential shield from market corrections and inflation. Barings, a Mass Mutual comp...

2024-03-30 19:24:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-03-28 11:51:16 ET Summary Quantitative screens narrow down attractive closed-end fund candidates for further investigation. "Quality" report focuses on funds with coverage exceeding 100% to potentially reduce the risk of distribution cuts. Rankings provide shortlists for ...

2024-03-28 03:25:18 ET Summary Allspring Income Opportunities Fund offers a 9.35% yield, comparable to other junk bond funds. The fund's shares have increased while the bond market and the fund's NAV have declined, but it still trades at a discount. EAD has a high percentage o...

2024-03-25 17:06:32 ET Summary "Junk" may be a misnomer, but it helps deter many investors, keeping demand lower and cash yields higher for loan and bond asset classes that have solid long-term records. Many equity investors who swear they'd never buy "junk," actually own mid-cap ...