2024-07-21 09:15:00 ET
Summary
- Income investors are eyeing high-yield fixed income vehicles with interest rates potentially declining in 2024.
- Ares Dynamic Credit Allocation Fund offers attractive total return through current income and capital appreciation, investing primarily in senior loans and corporate bonds.
- ARDC pays monthly distributions with a 12.08% yield, has outperformed its industry and the S&P 500, and is currently trading at a premium to NAV.
With interest rates possibly beginning to decline sometime in 2024, income investors hav e been looking at high yield fixed income vehicles....
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ARDC: 12% Yield, Outperforming Monthly Payer