Ares Dynamic Credit Allocation Fund, Inc. (ARDC)
| Market Value | 308.21M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 22.91M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $1.39 (10.37%) |
| Ex-Dividend Date | Apr 21, 2025 |
| Volume | 71,105 |
| Open | 13.46 |
| Previous Close | 13.35 |
| Day's Range | 13.42 - 13.48 |
| 52-Week Range | 11.52 - 15.62 |
| Beta | 0.57 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About ARDC
Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It primarily invests in the U.S. securities and companies. The fund primarily invests in debt instruments such as senior loans made primarily to companies whose debt is rated below investment grade, corporate bonds that are primarily high yield issues rated below investment grade, equity securities of CLOs and debt securities issued by CLOs, and other fixed-income instruments. It f... [Read more]
News
CEF Weekly Review: Are We In Another CEF Deleveraging Wave?
We review the CEF market valuation and performance through the second week of April and highlight recent market action. CEF sector returns were mixed, with muni sectors underperforming and equity-link...
ARDC: We're Back In This Multi-Sector Credit CEF
Recent market volatility has made the Ares Dynamic Credit Allocation Fund more attractive, with a current yield of 10.6% and an 8.4% discount. ARDC's portfolio includes loans, corporate bonds, and CLO...
Word Of The Week: 'Capitulation'
Concerns about "capitulation" seem more appropriate to equity than to credit investing, given the wider swings - up and down - inherent in stocks. Credit investing has more of a floor under the risk w...
CEF Weekly Review: BlackRock Resets Its Tender Offers
We review the CEF market valuation and performance through the first week of April and highlight recent market action. Nearly all CEF sectors were down; Munis and Agencies saw gains due to the sharp d...
Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1125 per Share
NEW YORK, NY / ACCESS Newswire / April 11, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of April 2025 of ...
Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.
NEW YORK, NY / ACCESS Newswire / March 25, 2025 / Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:...
ARDC: High-Yield Fund, Fully Covered Distribution, Yielding 9.5% Plus, But There Are Risks
Ares Dynamic Credit Allocation Fund is a dynamically managed high-yield fixed-income fund that focuses on generating high current income. Its investment portfolio consists of floating-rate bank loans,...
Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc
NEW YORK, NY / ACCESS Newswire / February 25, 2025 / Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NY...
CEF Weekly Review: Tender Offers Keep Generating Alpha
We review the CEF market valuation and performance through the second week of February and highlight recent market action. Most CEF sectors rose, driven by tighter credit spreads and higher stocks, wi...
Month-End Portfolio Data Now Available For Ares Dynamic Credit Allocation Fund, Inc.
NEW YORK, NY / ACCESS Newswire / January 24, 2025 / Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYS...
ARDC: 2 Possible Outcomes For This CEF In 2025 (Downgrade)
Ares Dynamic Credit Allocation Fund offers a 9.2% dividend yield but carries high risk due to its heavy exposure to below investment grade debt and distribution volatility. The fund's performance is h...
Ares Dynamic Credit Allocation Fund Declares A Monthly Distribution of $0.1175 per Share
NEW YORK, NY / ACCESSWIRE / January 10, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of January 2025 of $...
ARDC: This Well-Liked Fund Looks Overpriced Right Now (Rating Downgrade)
The Ares Dynamic Credit Allocation Fund has delivered a 26.40% total return over the past three years, outperforming domestic investment-grade and junk bonds. The fund's 9.25% yield is attractive comp...
Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1175 Per Share
NEW YORK, NY / ACCESSWIRE / December 10, 2024 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of December 2024 of...
Eleven High-Yield Closed End Funds: Five To Watch And Six To Buy
As a retired income investor, I focus on high-yield CEFs for reliable monthly distributions and potential capital gains from NAV discounts. Five CEFs to avoid currently: GOF, VVR, ARDC, WDI, IGR, due ...
ARDC: Dynamic Approach To A High Yield
Ares Dynamic Credit Allocation Fund (ARDC) has continued to see strong performance, but it continues to be helped out by pushing further into a richer valuation. ARDC's dynamic investment approach mak...
ARDC: 9% Yield, Industry Outperformer
ARDC, a CEF specializing in high-yield debt, offers a 9.40% yield with monthly distributions and has NII/distribution coverage of 1.08X. The fund's portfolio includes senior loans, high-yield corporat...
Betting On Corporate America To 'Muddle Through' Whatever Lies Ahead
Credit investing is like betting on horses to merely survive the race and make it around the track. Equity investing is like betting on horses to win, place or show. Credit bets are a lot easier to wi...
ARDC: CEF With 9.2% Yield, But Expensive
Ares Dynamic Credit Allocation Fund is a closed-ended fixed income fund managed by Ares Management LLC, primarily investing in below investment grade U.S. securities. ARDC is currently trading at a 4....
ARDC: 12% Yield, Outperforming Monthly Payer
Income investors are eyeing high-yield fixed income vehicles with interest rates potentially declining in 2024. Ares Dynamic Credit Allocation Fund offers attractive total return through current incom...
ARDC: Solid Income Fund But Trades At A Historical Premium
Ares Dynamic Credit Allocation Fund (ARDC) invests in a portfolio of different high yielding assets like bonds, loans, and CLOs. ARDC offers a 9.4% dividend yield and has shown a consistent distributi...
Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1175 per Share
NEW YORK, NY / ACCESSWIRE / July 11, 2024 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of July 2024 of $0.1175...
Steven Bavaria Takes Investors Inside The Income Factory
Steven Bavaria discusses his investing strategy, focusing on generating income through high-yield assets like closed-end funds and credit markets. He emphasizes the importance of sticking with a strat...
Ares Dynamic Credit Allocation Fund Declares A Monthly Distribution of $0.1175 Per Share
NEW YORK, NY / ACCESSWIRE / May 10, 2024 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of May 2024 of $0.1175 p...
ARDC And XFLT: Providing ~10% Income For Investors
Inflation is keeping the need for Fed rate cuts at bay, benefiting funds with higher floating-rate security investment exposure. Ares Dynamic Credit Allocation Fund and XAI Octagon Floating Rate & Alt...