ARDC News and Press, Ares Dynamic Credit Allocation Fund Inc. From 09/09/20

By Renato Latini, CFA The unprecedented global monetary and fiscal responses to the pandemic resulted in a swift compression of corporate credit spreads. However, we believe the progression of the economic cycle is giving way to further opportunities in cyclical sectors. Dramatic Spread ...

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CLO equity funds are the highest-yielding assets available to retail investors, a key feature which explains their popularity. The asset class is also relatively rich across the capital structure, offering investment options beyond common shares but also preferreds and baby bonds. This allows ...

Author’s note: this article was released to members of CEF/ETF Income Laboratory on August 4, 2020. Please check latest data before investing. Chemist's "High-High-Low" Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database ...

Author’s note: this article was released to members of CEF/ETF Income Laboratory on July 27, 2020. Please check latest data before investing. This month, I wanted to revisit the senior loan asset class. In our latest Chemist's Quality Closed-End Fund Report: July 2020 (funds with ...

Author’s note: This article was released to members of CEF/ETF Income Laboratory on July 27, 2020. Please check latest data before investing. Chemist's "Quality" Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 50...

Author's note: This article was released to members of CEF/ETF Income Laboratory on July 21. Please check latest data before investing. Dear CEF/ETF Income Laboratory members, I would like to welcome the new members who have joined us recently. Newer members should check out the " Gett...

Many income portfolios have taken a substantial hit in March due to the macro-economic impacts of the COVID crisis. This has caused some investors to sit out the sharp bounce-back in asset prices and hunker down. While we expect near-term volatility to persist due to the extreme uncertainty ab...

The name of the bond market game since COVID-19 hit, if it can be summarized in one sentence, is that "credit spread assets continue to make sense". This graph from PIMCO was in their asset allocation outlook held for retail investors the last few weeks, and I think it did a good job highlig...

Large shifts in asset prices and dislocations in markets over the last few months have pushed the discounts of some CEF sectors significantly wider of their historic averages. And now with obvious bargains harder to come by after a four month rally investors may be tempted to move into those s...