Ares Dynamic Credit Allocation Fund, Inc. (ARDC)

NYSE: ARDC · IEX Real-Time Price · USD
14.18
+0.14 (1.00%)
May 3, 2024, 4:00 PM EDT - Market closed
1.00%
Market Value 324.93M
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 $1.41 (9.94%)
Ex-Dividend Date Apr 19, 2024
Volume 52,673
Open 14.12
Previous Close 14.04
Day's Range 14.04 - 14.20
52-Week Range 11.56 - 14.30
Beta n/a
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 mutual fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It invests in the fixed income markets of Europe. 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, debt securities issued by CLOs, and other fixed-income instruments. It focuses on such factors as the ov... [Read more]

Sector Financials
Founded 2012
Country United States
Stock Exchange NYSE
Ticker Symbol ARDC
Full Company Profile

News

Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.

NEW YORK, NY / ACCESSWIRE / April 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)...

10 days ago - Accesswire

Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1175 Per Share

NEW YORK, NY / ACCESSWIRE / April 11, 2024 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of April 2024 of $0.11...

24 days ago - Accesswire

Month-End Portfolio Data Now Available For Ares Dynamic Credit Allocation Fund, Inc.

NEW YORK, NY / ACCESSWIRE / March 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)...

5 weeks ago - Accesswire

Ares Dynamic Credit Allocation Fund Declares A Monthly Distribution of $0.1175 per Share

NEW YORK, NY / ACCESSWIRE / November 10, 2023 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of November 2023 of...

6 months ago - Accesswire

Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1125 Per Share

NEW YORK--(BUSINESS WIRE)--Ares Dynamic Credit Allocation Fund, Inc. (the “Fund”) (NYSE: ARDC) announced today the declaration of its distribution for the month of August 2023 of $0.1125 per common sh...

9 months ago - Business Wire

Ares Dynamic Credit Allocation Fund Increases Monthly Distribution to $0.1125 Per Share

NEW YORK--(BUSINESS WIRE)--Ares Dynamic Credit Allocation Fund, Inc. (the “Fund”) (NYSE: ARDC) announced today that it has increased its monthly distribution for April 2023 to $0.1125 per common share...

1 year ago - Business Wire

Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution to $0.1075 Per Share

NEW YORK--(BUSINESS WIRE)--Ares Dynamic Credit Allocation Fund, Inc. (the “Fund”) (NYSE: ARDC) announced today the declaration of its distribution for the month of March 2023 of $0.1075 per common sha...

1 year ago - Business Wire

Ares Dynamic Credit Allocation Fund Increases Monthly Distribution to $0.1075 Per Share

NEW YORK--(BUSINESS WIRE)--Ares Dynamic Credit Allocation Fund, Inc. (the “Fund”) (NYSE: ARDC) announced today that it has increased its monthly distribution for January 2023 to $0.1075 per common s...

1 year ago - Business Wire

Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1025 Per Share

NEW YORK--(BUSINESS WIRE)--Ares Dynamic Credit Allocation Fund, Inc. (the “Fund”) (NYSE: ARDC) announced today the declaration of its distribution for the month of December 2022 of $0.1025 per commo...

1 year ago - Business Wire

Month-end Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.

NEW YORK--(BUSINESS WIRE)--Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE: ARDC) as of September ...

1 year ago - Business Wire

Ares Dynamic Credit Allocation Fund Appoints Elaine Orr to Board of Directors

NEW YORK--(BUSINESS WIRE)--Ares Dynamic Credit Allocation Fund, Inc. (the “Fund”) (NYSE: ARDC) announced today the appointment of Elaine Orr to its Board of Directors (the “Board”) as an independent d...

1 year ago - Business Wire

Ares Dynamic Credit Allocation Fund Increases Monthly Distribution to $0.1025 Per Share

NEW YORK--(BUSINESS WIRE)--Ares Dynamic Credit Allocation Fund, Inc. (the “Fund”) (NYSE: ARDC) announced today that it has increased its monthly distribution for August 2022 to $0.1025 per common shar...

1 year ago - Business Wire

Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.0975 Per Share

NEW YORK--(BUSINESS WIRE)--Ares Dynamic Credit Allocation Fund, Inc. (the “Fund”) (NYSE: ARDC) announced the declaration of its distribution for the month of July 2022 of $0.0975 per common share, pay...

1 year ago - Business Wire

Ares Dynamic Credit Allocation Fund Announces $100 Million Private Placement of Preferred Stock

LOS ANGELES--(BUSINESS WIRE)--Ares Dynamic Credit Allocation Fund, Inc. (NYSE: ARDC) (the “Fund”) announced today that it completed an initial $20 million closing in the first of two closings for a to...

3 years ago - Business Wire

Ares Dynamic Credit Allocation Fund Appoints Paula B. Pretlow to Board of Directors

NEW YORK--(BUSINESS WIRE)--Ares Dynamic Credit Allocation Fund, Inc. (NYSE: ARDC) today announced the appointment of Paula B. Pretlow to its Board of Directors as an independent director and a member ...

3 years ago - Business Wire