ARDC: A Higher-Yield Credit Fund With Tailwinds
ARDC features sector-beating yield, coverage and historic returns. The fund’s 23% allocation to junior CLO debt is a sweet spot in our view between straight loans and CLO equity in the current market environment. Two tailwinds of the fund are the high and growing coverage which may result in a distribution increase. Relatively compressed …
News story posted on 2020-02-24T00:09:00.0000000Z
