ARES DYNAMIC CREDIT ALLOCATI (ARDC)

US04014F1021

13.87  -0.08 (-0.57%)

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ARES DYNAMIC CREDIT ALLOCATI

NYSE:ARDC (4/19/2024, 7:04:00 PM)

13.87

-0.08 (-0.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Chartmill FA Rating
Valuation
Growth
Profitability
Health
Dividend
Overview
Earnings (Last)
Earnings (Next)
Ins Owners
Inst Owners
Market Cap317.76M
Shares
PE10.59
Fwd PEN/A
Dividend Yield9.07%
Analysts
IPO
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ARDC Daily chart

Company Profile

Ares Dynamic Credit Allocation Fund Inc is a US-based company operating in industry. The company is headquartered in Los Angeles, California. The company went IPO on 2012-11-28. Ares Dynamic Credit Allocation Fund, Inc. (the Fund) is a closed end, diversified, management investment company. The Fund's investment objective is to seek an attractive risk adjusted level of total return, primarily through current income and secondarily, through capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in a broad, dynamically managed portfolio of senior secured loans (Senior Loans) made primarily to companies whose debt is rated below investment grade; corporate bonds (Corporate Bonds) that are primarily high yield issues rated below investment grade; other fixed-income instruments of a similar nature that may be represented by derivatives, and securities issued by entities commonly referred to as collateralized loan obligations (CLOs) and other asset-backed securities. Its investments in CLOs may include investments in subordinated tranches of CLO securities. The Fund's investment adviser is Ares Capital Management II LLC.

Company Info

ARES DYNAMIC CREDIT ALLOCATI

2000 Avenue Of The Stars, 12th Floor

Los Angeles CALIFORNIA

P: 13102014200

Employees: 0

Website: https://arespublicfunds.com/overview/

ARDC News

News Image6 months ago - Ares Dynamic Credit Allocation Fund, Inc.Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1175 Per Share
News Image7 months ago - Ares Dynamic Credit Allocation Fund, Inc.Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.
News Image7 months ago - Ares Dynamic Credit Allocation Fund, Inc.Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1175 Per Share
News Image8 months ago - Ares Dynamic Credit Allocation Fund, Inc.Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.
News Image8 months ago - Ares Dynamic Credit Allocation Fund, Inc.Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1125 Per Share
News Image9 months ago - Ares Dynamic Credit Allocation Fund, Inc.Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.

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