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Ares Dynamic Credit Allocation Fund Inc

ARDC.N

Latest Trade

14.65USD

Change

0.07(+0.48%)

Volume

12,997

Today's Range

14.58

 - 

14.65

52 Week Range

8.15

 - 

15.91

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
14.58
Open
14.58
Volume
12,997
3M AVG Volume
1.71
Today's High
14.65
Today's Low
14.58
52 Week High
15.91
52 Week Low
8.15
Shares Out (MIL)
22.91
Market Cap (MIL)
334.10
Forward P/E
--
Dividend (Yield %)
8.02

Latest Developments

More

Ares Dynamic Credit allocation fund declares monthly distribution of $0.117 per share

Ares Dynamic Credit Allocation Fund declares monthly distribution

Ares Dynamic Credit Allocation Fund declares monthly distribution

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About Ares Dynamic Credit Allocation Fund Inc

Ares Dynamic Credit Allocation Fund, Inc. (the Fund) is a closed-end, diversified, management investment company. The Fund is engaged in investing in a portfolio of senior secured loans, corporate bonds, other fixed-income instruments of a similar nature that may be represented by derivatives and securities issued by collateralized loan obligations (CLOs) and other asset-backed securities. The Fund's investments in CLOs may include investments in subordinated tranches of CLO securities. Under normal market conditions, the Fund will not invest more than 40% of its Managed Assets in CLOs and other asset-backed securities, or 10% of its Managed Assets in subordinated (or residual) tranches of CLO securities. The Fund’s investment manager is Ares Capital Management II LLC.

Industry

Misc. Financial Services

Contact Info

2000 Avenue of the Stars Fl 12

LOS ANGELES, CA

90067-4733

United States

+1.310.2014200

http://www.arespublicfunds.com/funds/ardc/overview/

Executive Leadership

David A. Sachs

Chairman of the Board

Seth J. Brufsky

President, Chief Executive Officer, Director

Scott C. Lem

Chief Financial Officer

Lisa Morgan

Chief Compliance Officer, Anti-Money Laundering Officer

Joshua M. Bloomstein

Vice President, Assistant Secretary

Key Stats

Price To Earnings (TTM)
--
Price To Sales (TTM)
--
Price To Book (MRQ)
1.02
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
47.64
LT Debt To Equity (MRQ)
37.77
Return on Investment (TTM)
--
Return on Equity (TTM)
--

Latest News

Latest News

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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