Ares Dynamic Credit Allocation Fund, Inc. (ARDC)
NYSE: ARDC · IEX Real-Time Price · USD
14.59
+0.04 (0.27%)
May 17, 2024, 4:00 PM EDT - Market closed

Company Description

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 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 J. Brufsky

Contact Details

Address:
2000 Avenue Of The Stars, 12th Floor
Los Angeles, California 90067
United States
Phone (310) 201-4200

Stock Details

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