NYSE:ARDC
Ares Dynamic Credit Allocation Fund Inc Stock News
$14.36
-0.230 (-1.58%)
At Close: May 20, 2024
Our 8-10% Yielding Picks And Pans In The CLO Sector
09:38am, Wednesday, 15'th Mar 2023
The broader CLO sector remains an attractive income destination for not just its high yields but also its historical resilience. We take a look at the different ways investors can choose to allocate t
ARDC: An Excellent High-Yield CEF For The Current Environment
02:21pm, Tuesday, 07'th Mar 2023
Ares Dynamic Credit Allocation Fund invests in a well-diversified portfolio of fixed-rate and floating-rate securities to provide investors with a high level of income. The fund's allocation to floati
Weekly Closed-End Fund Roundup: February 19, 2023
10:59am, Wednesday, 01'st Mar 2023
0 out of 22 closed-end fund sectors positive on price and 3 out of 22 sectors positive on NAV last week. KIO rights offering results.
The 8% Income Portfolio: 2022 Year-End Review
09:00am, Saturday, 14'th Jan 2023
Presenting our 2022 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions (including year-end special distributions) amounting to over 14% yield-o
The 'High-High-Low' Closed-End Fund Report, December 2022
01:44pm, Monday, 09'th Jan 2023
Only funds with yields over 8%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given.
ARDC: This Fixed Income Fund Trades At A Wide Discount And Yields 10.5%
04:19am, Friday, 23'rd Dec 2022
Since I last wrote about ARDC in August, the discount has widened to more than -13% while the NAV has stabilized. Based on the current monthly distribution that was raised to $.1025 in August, the ann
ARDC: Shrinking NAV And Distributions Over Time
03:05am, Friday, 23'rd Dec 2022
The ARDC fund provides high income by investing in high yield bonds, senior loans, and CLO securities. It pays an attractive 10.5% current yield.
'High-High-Low' Closed-End Fund Report, November 2022
06:28am, Sunday, 11'th Dec 2022
Only funds with yields over 8%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given.
Quality Closed-End Fund Report, November 2022
10:06pm, Monday, 05'th Dec 2022
Only funds with coverage >100% are considered. Top lists of discount, yield, DxY, and DxYxZ are given.
These High-Yielding CLO Securities Are Finally Worth Holding
10:12am, Wednesday, 26'th Oct 2022
The CLO asset class is worth a look by income investors due to its strong historic profile, high yields and rising income levels. The asset class offers a wide variety of securities across the entire
ARDC: An Attractive Income Profile For This 9.9%-Yielding Credit CEF
11:25am, Thursday, 29'th Sep 2022
We revisit the credit fund ARDC - a historical outperformer in the fixed-income CEF space. ARDC features an attractive income profile with significant floating-rate exposure and half of its liabilitie
CEF Weekly Review: What's Behind Loan CEF Discount Underperformance?
07:28pm, Friday, 16'th Sep 2022
We review CEF market valuation and performance through the first full week of September and highlight recent market action. CEFs had a decent week as most of the space was able to easily digest higher
ARDC: Retire In Comfort With This 9% Yielding Dynamic Credit Fund
07:07am, Sunday, 28'th Aug 2022
With the backing and experience of Ares Credit, ARDC can leverage higher credit spreads in senior loans and CLOs to easily cover the 9% distribution. The monthly dividend was just raised by 5% and the
CEF Report August 2022 - CEFs Continue In Rally Mode, But For How Long?
07:00am, Wednesday, 24'th Aug 2022
Risk assets continue to rebound with investors focusing on the potential of a Fed pivot given slower growth and inflation. We think we will shift from a stagflationary economic regime to a deflationar
ARDC: Moving From Sell To Hold After A -36% Annualized Performance
09:59am, Sunday, 15'th May 2022
ARDC is a closed-end fund focused on fixed income instruments. The fund invests predominantly in a portfolio of floating rate leveraged loans, high yield bonds and CLO debt.