Ares Dynamic Credit Allocation Fund, Inc. (ARDC)
| Market Value | 349.91M |
| 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 | $1.42 (9.27%) |
| Ex-Dividend Date | Oct 21, 2024 |
| Volume | 116,664 |
| Open | 15.23 |
| Previous Close | 15.23 |
| Day's Range | 15.17 - 15.33 |
| 52-Week Range | 12.58 - 15.49 |
| Beta | 0.74 |
| 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
Ares Dynamic Credit Allocation Fund Declares A Monthly Distribution of $0.1175 per Share
NEW YORK CITY, NY / ACCESSWIRE / November 11, 2024 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of November 20...
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...
Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.
NEW YORK, NY / ACCESSWIRE / October 24, 2024 / Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARD...
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...
Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1175 Per Share
NEW YORK, NY / ACCESSWIRE / October 11, 2024 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of October 2024 of $...
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....
Month-End Portfolio Data Now Available For Ares Dynamic Credit Allocation Fund, Inc.
NEW YORK, NY / ACCESSWIRE / July 25, 2024 / Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) ...
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...
The Quality Closed-End Fund Report, March 2024
Quantitative screens narrow down attractive closed-end fund candidates for further investigation. "Quality" report focuses on funds with coverage exceeding 100% to potentially reduce the risk of distr...
NHS: This Fund Is Looking Very Expensive Given Current Fundamentals (Rating Downgrade)
Neuberger Berman High Yield Strategies Fund offers a very high level of income with a 13.46% current yield, higher than most other closed-end funds.
ARDC: A Value-Priced 10.32%-Yielder In An Uncertain Environment (Rating Upgrade)
The Ares Dynamic Credit Allocation Fund, Inc. is a closed-end fund designed to provide income-focused investors with a high level of income from their assets. The ARDC closed-end fund has a strong per...
Key Decision Factors For CEF Allocation In Today's Market
The price action in the CEF market over the last few months has been fast and furious. We revisit the key decision factors of income investing that can streamline and organize the allocation process a...
The 8% Income Portfolio: 2023 Year-End Review
2023 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions amounting to over 14% yield-on-cost basis and roughly 8.6% on average portfolio value. ...
CEF Weekly Review: Take Care With CEF Sector Designation
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5 Best CEFs This Month For 9.5% Yield (December 2023)
For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or C...
ARDC: Providing A Solid ~11% Yield
Ares Dynamic Credit Allocation Fund is a flexible, diversified fixed-income fund managed by Ares Management. The fund has strong distribution coverage and has increased its distribution several times,...
ARDC: A Lot To Offer Income Investors, Regardless Of Interest Rate Direction
Ares Dynamic Credit Allocation Fund, Inc. offers a competitive 11.02% distribution yield, appealing to income-focused investors. The ARDC closed-end fund's performance has been stable, outperforming t...
ARDC: Another Distribution Hike For This 11%-Yielding CEF
Ares Dynamic Credit Allocation Fund has increased its distribution for the fourth time in 18 months, reaching its highest distribution since inception. The ARDC closed-end fund's net income has risen ...