Diversifying into Credit (ARDC 10% Yield)
ARDC is currently paying a yield of 10%, and and has a history of monthly distributions going back more than 10 years. This closed end fund offers some diversification away from the NASDAQ and S&P 500 stock based funds that dominate most investors' portfolios. Today's episode looks at how ARDC generates income, and 2 of its competitors; AIF and AFT. If you like income investing, I hope you enjoy this discussion of the ARES Dynamic Credit Allocation Fund, ticker ARDC.
✏️ LINKS FROM TODAY'S EPISODE:
➡️ Seeking Alpha ($50 Coupon +Free Trial): https://armchairincome.link/SeekingAlpha
➡️ My Favorite Dividend Tracker, Snowball: (Create a Free Account, and the 10% Discount will appear under "Subscribe"):
https://armchairincome.link/snow
ARDC Analysis by Nick Ackerman:
https://armchairincome.link/ARDC
BDC Reviews Playlist: • Business Development Companies (BDCs)
8% Rule:
• I Retired (Much) Faster with the 8% Rule
🎥 PLAYLIST:
Top 10 Favorite Income Investments: • Top 10 High Yield Favorites
=======================================
🤓 DETAILED INFORMATION:
✅ Seeking Alpha:
My #1 source of income investment information. I've been a subscriber for more than 6 years and my favorite feature is the collection of analysis articles for any given stock or fund.
https://www.sahg6dtr.com/R42XQZ/R74QP/
✅ Snowball Portfolio Tracker:
Keep track of your stocks, ETFs, CEFs, MLPs, etc in one easy-to-use place. View upcoming dividend payouts, daily/monthly/yearly income. Subscribe to the Free Account, and the 10% Discount will appear: https://armchairincome.link/snow
(or enter "armchairincome" for the Promo Code)
------------------------------------------------------
The information on this Youtube Channel and the resources available are for educational and informational purposes only and should not be construed as financial advice. Always do your own research before investing. Some links provided above may be associated with affiliate programs. If so, use of those links will not incur any additional cost to the user (and will, in many cases, provide a benefit to the user) and may result in a referral commission to this channel.
#armchairincome #seekingalpha #ardc #snowball #ad
Edited with Gling AI: https://bit.ly/46bGeYv