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Posted by
Two Blokes Jun 15 -
Filed in
Stock
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6 views
ACP's high distribution yield is unsustainable, funded by return of capital, leading to shrinking NAV and likely further cuts. The fund's total expenses exceed its long-term returns, making it nearly impossible for investors to achieve decent performance. Low-cost alternatives like BKLN, JAAA, and JBBB offer better credit quality, lower fees, and superior total returns.
