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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Investment Trusts/Mutual Funds
Sub-IndustryN/A
SectorMiscellaneous
SymbolNYSE:ARDC
CUSIPN/A
PhoneN/A
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
EmployeesN/A
Outstanding Shares22,960,000
Market Cap$375.44 million
Ares Dynamic Credit Allocation Fund (NYSE:ARDC) Frequently Asked Questions
What is Ares Dynamic Credit Allocation Fund's stock symbol?
Ares Dynamic Credit Allocation Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARDC."
How often does Ares Dynamic Credit Allocation Fund pay dividends? What is the dividend yield for Ares Dynamic Credit Allocation Fund?
Ares Dynamic Credit Allocation Fund declared a monthly dividend on Thursday, July 12th. Investors of record on Thursday, September 20th will be given a dividend of $0.1075 per share on Friday, September 28th. This represents a $1.29 dividend on an annualized basis and a yield of 8.21%. The ex-dividend date of this dividend is Wednesday, September 19th. View Ares Dynamic Credit Allocation Fund's Dividend History.
Who are some of Ares Dynamic Credit Allocation Fund's key competitors?
Some companies that are related to Ares Dynamic Credit Allocation Fund include Allianzgi NFJ Dividend int & Prm Stgy Fd (NFJ), Nuveen New York AMT-Fr Qty Mnpl Incm Fd (NRK), Nuveen Credit Strategies Income Fund (JQC), Eaton Vance Tax Managed Buy Write Opport (ETV), Invesco Dynamic Credit Opportunities Fd (VTA), Tortoise MLP Fund (NTG), BROOKFIELD Rl A/SHS BEN INT (RA), Voya Prime Rate Trust (PPR), Cohen & Steers Limited Drtn Prfd&Incm Fd (LDP), Pimco Income Strategy Fund II (PFN), Tekla World Healthcare Fund (THW), Goldman Sachs MLP Income Opportun Fund (GMZ), Nuveen Global High Income Fund (JGH), AllianceBernstein Natnl Muncpl Incm Fnd. (AFB) and Kayne Anderson Energy Total Return Fund, Inc. Common Stock (KYE).
Who are Ares Dynamic Credit Allocation Fund's key executives?
Ares Dynamic Credit Allocation Fund's management team includes the folowing people:
- Mr. Seth J. Brufsky, Chief Exec. Officer, Pres and Director (Age 51)
- Mr. Daniel Fenno Nguyen, Chief Financial Officer (Age 46)
- Mr. Anthony Stanton Dell J.D., Chief Compliance Officer and Anti-Money Laundering Officer (Age 50)
- Mr. Daniel J. Hall, Chief Legal Officer, Gen. Counsel and Sec. (Age 46)
- Mr. Sunny Parmar, Treasurer (Age 46)
Who are Ares Dynamic Credit Allocation Fund's major shareholders?
Ares Dynamic Credit Allocation Fund's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Advisors Asset Management Inc. (4.91%), Advisors Asset Management Inc. (4.91%), Wells Fargo & Company MN (2.26%), Bank of America Corp DE (1.80%), First Trust Advisors LP (1.13%) and Laurion Capital Management LP (1.02%). Company insiders that own Ares Dynamic Credit Allocation Fund stock include Daniel J Hall, James Kelso Hunt and John Joseph Shaw. View Institutional Ownership Trends for Ares Dynamic Credit Allocation Fund.
Which institutional investors are selling Ares Dynamic Credit Allocation Fund stock?
Which institutional investors are buying Ares Dynamic Credit Allocation Fund stock?
ARDC stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., First Trust Advisors LP, NINE MASTS CAPITAL Ltd, Advisors Asset Management Inc., Advisors Asset Management Inc., Shaker Financial Services LLC, SG Americas Securities LLC and Laurion Capital Management LP. Company insiders that have bought Ares Dynamic Credit Allocation Fund stock in the last two years include Daniel J Hall, James Kelso Hunt and John Joseph Shaw. View Insider Buying and Selling for Ares Dynamic Credit Allocation Fund.
How do I buy shares of Ares Dynamic Credit Allocation Fund?
Shares of ARDC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ares Dynamic Credit Allocation Fund's stock price today?
One share of ARDC stock can currently be purchased for approximately $15.71.
How big of a company is Ares Dynamic Credit Allocation Fund?
Ares Dynamic Credit Allocation Fund has a market capitalization of $375.44 million.
What is Ares Dynamic Credit Allocation Fund's official website?
MarketBeat Community Rating for Ares Dynamic Credit Allocation Fund (NYSE ARDC)
MarketBeat's community ratings are surveys of what our community members think about Ares Dynamic Credit Allocation Fund and other stocks. Vote "Outperform" if you believe ARDC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ARDC will underperform the S&P 500 over the long term. You may vote once every thirty days.
