ARDC News and Press, Ares Dynamic Credit Allocation Fund Inc. From 08/03/22

July income beats July 2021 by 48% and April Q2 by 45.1% because of the Kenon special dividend. Portfolio value YTD is up 3.07% and is outperforming SPY by 15.71%, which is down 12.64%. Dividend yield is 5.17% with 25 companies paying 2 specials and included 1 raise; all are liste...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are HFRO, ARDC, and SRV. Author’s note: This article was released to CEF/ETF Income Laboratory members on July 22, 2022. Please check latest data...

Our Marketplace Contributor Roundtable Series continues with a Q2 Earnings Preview. Today we have responses from seven Marketplace contributors focused on dividends, income, and REITs. As always, SA Marketplace articles are never paywalled. ~ By Tim Murphy, Marketplace Suc...

Credit risk is often misunderstood by investors, who routinely accept the volatility of stock markets. Meanwhile they are often scared to death by words and concepts like "junk" or "default" or other labels used in discussing corporate credit risk. Even though credit (i.e. debt) i...

AIF is a closed-end fund with a 70/30 leveraged loans/high yield bonds allocation. The fund comes from a premier asset manager in Apollo and leverages the manager's deep investment platform. AIF has a high concentration of "B" and "CCC" credits, which account for over 70% of the u...

Only funds with yields over 6.5%, coverage higher than 85%, and trading at under a +5% premium are considered. Top lists of discount, yield, DxY, and DxYxZ are given. The top DxY funds are BWG, HFRO, and EHI. Author's note: This article was released to CEF/ETF Income L...

The revised long-term outlook projects an annualized return of 4.9%. The current risk premium forecast for GMI suggests that multi-asset-class strategies overall will generate lower returns relative to results posted in recent years. Combining forecasts via several models may prov...

June income beats June 2021 by 74.58%, Q2 beats by 36.78%, and 1H is up 33.2%. 46 companies paid including 6 raises/specials; all listed by date received, yearly payment, price, yield and comments. Dividend yield rose to ~5.3% from 4.9% in May. June transactions were 1 trim,5 ...

CEF discounts continue to meander without direction for most of the last few months (outside the mid-May one-week swoon). In terms of valuations, senior loans are the cheapest, followed by Limited Duration and Global Income. High yield and Investment grade round out the top 5 cheapest...

Many readers have asked me which of our closed-end funds have the most stable distributions? Hard to predict on a fund-by-fund basis, as we've seen funds with distributions that seemed to be hanging by a thread that still haven't cut their payouts. That's why we diversify since li...