ARDC: Retire In Comfort With This 9% Yielding Dynamic Credit Fund

Damon Judd profile picture
Damon Judd
1.51K Followers

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.

Wealth concept of swimming in money

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Many investors are in search of opportunities to invest their capital into funds that generate consistent, regular income from distributions that yield a high rate of return. One way to realize that high rate of return is by

ARDC Price Discount history

ARDC Price Discount history (CEFconnect)

Industry allocation

fund fact sheet

ARDC portfolio managers

fund fact sheet

ARDC fund performance

ARDC fund performance (fund website)

YTD total return

YTD total return (Seeking Alpha)

Trailing returns thru 2021 for ARDC using PV

Trailing returns thru 2021 for ARDC using PV (Portfolio Visualizer)

1-year total return

Seeking Alpha

High Yield Spread

High Yield Spread (St Louis Fed)

This article was written by

Damon Judd profile picture
1.51K Followers
Visit www.Knowledge-Investing.com for more info about me. I became deeply interested in the stock market beginning in late 2007 (bad timing for me but worse for my uncle) when I received an unexpected inheritance. Since that time I have done considerable research and vowed to make smarter long-term investing decisions after suffering through the Great Recession with minimal losses to my inherited portfolio, after firing my financial advisor.I look for individual growth and income stocks, and some funds (CEFs, ETFs) that offer high yield income to increase my retirement income beyond my 401k and the pension that I will receive after I retire. I also enjoy reading investment/financial and business information and following trends in technology and markets. The human psychology of markets is as fascinating and inscrutable to me as the financial side. I work as an information systems manager, so data and information are valuable assets to me. I am not a financial advisor so please do your own due diligence before making any buy or sell decisions.“The race is not always to the swift, nor the battle to the strong, but that's the way to bet.” Damon Runyon

Disclosure: I/we have a beneficial long position in the shares of ARDC, CRF either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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