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ARDC News and Press, Ares Dynamic Credit Allocation Fund Inc. From 05/11/20

Stock Information

Company Name: Ares Dynamic Credit Allocation Fund Inc.
Stock Symbol: ARDC
Market: NYSE
Website: arespublicfunds.com

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ARDC - Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.0975 Per Share

Ares Dynamic Credit Allocation Fund, Inc. (the “Fund”) (NYSE: ARDC) announced the declaration of its distribution for the month of May 2020 of $0.0975 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: May 20, 202...

ARDC - Weekly Closed-End Fund Roundup: May 1, 2020

Author's note : This article was released to CEF/ETF Income Laboratory members on May 5, 2020. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recent...

ARDC - When Full Coverage Doesn't Guarantee Against CEF Distribution Cuts

Author's note : This article was released to CEF/ETF Income Laboratory members on April 26, 2020, with certain numbers updated. Please check the latest data before investing. Compared to a few months ago, there are many more attractively-valued funds to research for possible addition to o...

ARDC - The Chemist's Quality Closed-End Fund Report: April 2020

Author's note : This article was released to CEF/ETF Income Laboratory members on April 26, 2020. Please check the latest data before investing. Chemist's "Quality" Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plu...

ARDC - Weekly Closed-End Fund Roundup: EDF/EDI Distribution Cuts, HFRO/NHF Fraud Payout Slashed, JMF/JMLP To Liquidate (April 24, 2020)

Author's note: This article was released to CEF/ETF Income Laboratory on April 28, 2020. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recently co...

ARDC - Corporate Debt: Defaults, Downgrades And Fallen Angels

By Susan Hutman and Robert Hopper The coronavirus pandemic continues to wreak havoc across economies and markets. A wave of rating downgrades, fallen angels and corporate bond defaults has begun - and it could grow into a tsunami before the pandemic recedes. But that doesn't mean invest...

ARDC - Ares Dynamic Credit Allocation Fund to Webcast 2020 Annual Meeting of Shareholders

Ares Dynamic Credit Allocation Fund, Inc. (the “Fund”) (NYSE: ARDC) announced that due to the emerging public health impact of the COVID-19 outbreak, the Fund has changed the format of its 2020 Annual Meeting of Shareholders from a physical in-person meeting to a virtual webca...

ARDC - The Fed's Support Of Junk Bonds Is Like 'Putting Lipstick On A Pig'

Source: Allenrsmith.com "Putting lipstick on a pig" is an old saying popularized during an Obama campaign event in which he said "You can put lipstick on a pig, but it's still a pig." And that was the first thing that came to mind when the Federal Reserve (Fed) announced it umpteenth Bazoo...

ARDC - Lock Down

There was one article after another article, every place you looked, that the U.S. equity markets were going to correct anywhere from 25% to 50% down. That has not exactly been the case. The American stock markets have been up and up and up as the wrong focus was used. I have said, countless t...

ARDC - Weekly Closed-End Fund Roundup: ASG/USA Lower Distributions (April 17, 2020)

Author's note: This article was initially released to members on April 20, 2020. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recently concluded ...

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