Ares Dynamic Credit Allocation Fund, Inc. (ARDC)
NYSE: ARDC · Real-Time Price · USD
15.27
+0.12 (0.78%)
Nov 21, 2024, 12:48 PM EST - Market open

Company Description

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 focuses on such factors as the overall macroeconomic environment, financial markets, and company specific research and analysis, to create its portfolio.

Ares Dynamic Credit Allocation Fund, Inc. was formed on November 27, 2012 and is domiciled in the United States..

Ares Dynamic Credit Allocation Fund, Inc.
Ares Dynamic Credit Allocation Fund logo
Country United States
Founded 2012
Industry Asset Management
Sector Financials
CEO Seth Brufsky

Contact Details

Address:
1800 Avenue of the Stars, Suite 1400
Los Angeles, California 90067
United States
Phone 310 201 4100
Website arespublicfunds.com

Stock Details

Ticker Symbol ARDC
Exchange NYSE
Reporting Currency USD
CIK Code 0001515324
CUSIP Number 04014F102
ISIN Number US04014F1021
Employer ID 45-4969053

Key Executives

Name Position
Seth Brufsky Chief Executive Officer
Scott Lem Chief Financial Officer

Latest SEC Filings

Date Type Title
Nov 14, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Nov 14, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Oct 25, 2024 SCHEDULE 13G Filing
Sep 4, 2024 N-CSRS Filing
Sep 3, 2024 POS EX Filing
Sep 3, 2024 424B2 Prospectus
Aug 30, 2024 40-APP/A Filing
Aug 29, 2024 N-PX Annual Report of proxy voting record of management investment companies
Aug 27, 2024 NPORT-P Monthly Portfolio Investments Report on Form N-PORT (Public)
Aug 26, 2024 EFFECT Notice of Effectiveness