Ares Dynamic Credit Allocation Fund, Inc. (ARDC)
| Market Value | 327.00M |
| 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 | $1.40 (9.85%) |
| Ex-Dividend Date | Feb 24, 2025 |
| Volume | 265,929 |
| Open | 14.45 |
| Previous Close | 14.53 |
| Day's Range | 14.22 - 14.50 |
| 52-Week Range | 13.67 - 15.62 |
| 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
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...
Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1125 per Share
NEW YORK, NY / ACCESS Newswire / February 12, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of February 20...
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...
Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.
NEW YORK, NY / ACCESSWIRE / December 23, 2024 / Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:AR...
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...
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. ...