The fund purchased more shares of Ares Commercial REIT on Friday. This will increase the scheduled January dividend payment by over 47% from this quarter. It will also increase the scheduled quarterly dividend to be increased by over 10% compared to last quarter.
There is no plan to sell the shares. The plan is to continue to accumulate shares and use the dividend reinvestment plan and call selling plan to increase revenue at an increasing rate.
Other holdings include AT&T, and Ford.
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