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Posted by
Two Blokes Apr 18 -
Filed in
Stock
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5 views
Recent market volatility has made the Ares Dynamic Credit Allocation Fund more attractive, with a current yield of 10.6% and an 8.4% discount. ARDC's portfolio includes loans, corporate bonds, and CLO securities, with a focus on Energy and Technology sectors, and minimal CCC-rated securities. ARDC's use of fixed-rate preferreds for half its borrowings at 2.81% interest provides a significant yield advantage over other credit CEFs.
