ARDC: CEF With 9.2% Yield, But Expensive [Seeking Alpha]
Ares Dynamic Credit Allocation Fund, Inc. Common Shares (ARDC)
US:NYSE Investor Relations:
arespublicfunds.com
Company Research
Source: Seeking Alpha
Investing Group Leader Follow Summary Ares Dynamic Credit Allocation Fund is a closed-ended fixed income fund managed by Ares Management LLC, primarily investing in below investment grade U.S. securities. ARDC is currently trading at a 4.5% premium to its NAV, making it less attractive for purchase at this time. The fund offers a 9.2% yield, but past yields were higher when the price was lower, making future gains and distributions uncertain. Rose Take and Recommendation given for owning ARDC. PM Images ARDC Ares Dynamic Credit Allocation Fund, Inc. ( NYSE: ARDC ) is a closed-ended fixed income fund/ "CEF" managed by Ares Management LLC. which primarily invests in U.S. securities and companies' senior loans whose debt is rated below investment grade, corporate bonds primarily with high yield issues rated below investment grade, equity securities and debt securities issued by CLOs, and some other fixed-income instruments. It looks at the overall macroeconomic environ
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High impacting Ares Dynamic Credit Allocation Fund, Inc. Common Shares news events
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ARDC
News
- Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1175 Per ShareAccesswire
- Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.Accesswire
- Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1175 Per ShareAccesswire
- Month-End Portfolio Data Now Available For Ares Dynamic Credit Allocation Fund, Inc.Accesswire
- ARDC: 12% Yield, Outperforming Monthly Payer [Seeking Alpha]Seeking Alpha
ARDC
Sec Filings
- 9/4/24 - Form N-CSRS
- 9/3/24 - Form POS
- 9/3/24 - Form 424B2
- ARDC's page on the SEC website