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Strategies & Market Trends : CEF and ETF

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From: Julius Wong8/28/2022 8:16:20 PM
   of 1782
 
ARDC: Retire In Comfort With This 9% Yielding Dynamic Credit Fund

Aug. 28, 2022 7:07 AM ET

Summary

* 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 discount to NAV has widened to -8% offering a unique buying opportunity.

* As credit spreads continue to increase and the overall market recovers from the bearish first half, this fund offers a consistent monthly income with potential for capital appreciation.

More at
seekingalpha.com
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