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NYSE:ARDC

Ares Dynamic Credit Allocation Fund Stock Forecast, Price & News

$13.63
+0.11 (+0.81 %)
(As of 12/1/2020 12:00 AM ET)
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Today's Range
$13.54
Now: $13.63▼
$13.65
50-Day Range
$12.41
MA: $12.97▼
$13.52
52-Week Range
$8.10
Now: $13.63▼
$15.91
Volume63,455 shs
Average Volume117,594 shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield0.09%
BetaN/A
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.

Beat the Market (BTM) Rank™

Analyst Opinion: 0.0Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

0.52 out of 5 stars


Industry, Sector and Symbol

Stock Exchange NYSE
Industry Investment Trusts/Mutual Funds
Sub-IndustryN/A
SectorMiscellaneous
Current SymbolNYSE:ARDC
Previous Symbol
CUSIPN/A
CIK1515324
Webwww.arespublicfunds.com
Phone310-201-4100
EmployeesN/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 / Cash FlowN/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

Outstanding SharesN/A
Market CapN/A
Next Earnings DateN/A
OptionableNot Optionable
$13.63
+0.11 (+0.81 %)
(As of 12/1/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Ares Dynamic Credit Allocation Fund (NYSE:ARDC) Frequently Asked Questions

How has Ares Dynamic Credit Allocation Fund's stock been impacted by Coronavirus (COVID-19)?

Ares Dynamic Credit Allocation Fund's stock was trading at $12.77 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ARDC stock has increased by 6.7% and is now trading at $13.63.
View which stocks have been most impacted by COVID-19.

What stocks does MarketBeat like better than Ares Dynamic Credit Allocation Fund?

Wall Street analysts have given Ares Dynamic Credit Allocation Fund a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Ares Dynamic Credit Allocation Fund wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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 announced a monthly dividend on Wednesday, November 11th. Shareholders of record on Thursday, November 19th will be given a dividend of $0.097 per share on Monday, November 30th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 8.54%. The ex-dividend date of this dividend is Wednesday, November 18th.
View Ares Dynamic Credit Allocation Fund's dividend history.

Are investors shorting Ares Dynamic Credit Allocation Fund?

Ares Dynamic Credit Allocation Fund saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 18,600 shares, a decrease of 36.1% from the October 31st total of 29,100 shares. Based on an average trading volume of 89,500 shares, the short-interest ratio is currently 0.2 days.
View Ares Dynamic Credit Allocation Fund's Short Interest.

Who are some of Ares Dynamic Credit Allocation Fund's key competitors?

Some companies that are related to Ares Dynamic Credit Allocation Fund include Aberdeen Global Dynamic Dividend Fund (AGD), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), AllianceBernstein National Municipal Income Fund (AFB), AllianzGI Convertible & Income 2024 Target Term Fund (CBH), AllianzGI Convertible & Income Fund (NCV), AllianzGI Convertible & Income Fund II (NCZ), AllianzGI Dividend, Interest & Premium Strategy Fund (NFJ), Apollo Tactical Income Fund (AIF), BlackRock 2022 Global Income Opportunity Trust (BGIO), BlackRock Corporate High Yield Fund (HYT), BlackRock Credit Allocation Income Trust (BTZ), BlackRock Floating Rate Income Strategies Fund (FRA) and BlackRock Floating Rate Income Trust (BGT).
View all competitors.

What other stocks do shareholders of Ares Dynamic Credit Allocation Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ares Dynamic Credit Allocation Fund investors own include Bank of Hawaii (BOH), InterDigital (IDCC), STAG Industrial (STAG), AbbVie (ABBV), Ares Capital (ARCC), Energy Transfer (ET), KKR Income Opportunities Fund (KIO), PIMCO Dynamic Credit and Mortgage Income Fund (PCI), PIMCO Income Strategy Fund (PFL) and Barings Global Short Duration High Yield Fund (BGH).

Who are Ares Dynamic Credit Allocation Fund's key executives?

Ares Dynamic Credit Allocation Fund's management team includes the following people:
  • Mr. Seth J. Brufsky, Chief Exec. Officer, Pres and Director (Age 53)
  • Mr. Daniel Fenno Nguyen, Chief Financial Officer (Age 48)
  • Mr. Michael Daniel Weiner, VP and Assistant Sec. (Age 68)

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."

Who are Ares Dynamic Credit Allocation Fund's major shareholders?

Ares Dynamic Credit Allocation Fund's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Guggenheim Capital LLC (0.00%), Wells Fargo & Company MN (0.00%), Advisors Asset Management Inc. (0.00%), Rivernorth Capital Management LLC (0.00%), First Trust Advisors LP (0.00%) and Saba Capital Management L.P. (0.00%). Company insiders that own Ares Dynamic Credit Allocation Fund stock include Ares Capital Management Ii Llc and Seth J Brufsky.
View institutional ownership trends for Ares Dynamic Credit Allocation Fund.

Which major investors are selling Ares Dynamic Credit Allocation Fund stock?

ARDC stock was sold by a variety of institutional investors in the last quarter, including Matisse Capital, Saba Capital Management L.P., Shaker Financial Services LLC, Morgan Stanley, First Trust Advisors LP, Advisors Asset Management Inc., and 6 Meridian.
View insider buying and selling activity for Ares Dynamic Credit Allocation Fund.

Which major investors are buying Ares Dynamic Credit Allocation Fund stock?

ARDC stock was purchased by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Rivernorth Capital Management LLC, Raymond James Financial Services Advisors Inc., Kestra Private Wealth Services LLC, Guggenheim Capital LLC, LPL Financial LLC, CNH Partners LLC, and Raymond James & Associates.
View insider buying and selling activity 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, Robinhood, 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 $13.63.

What is Ares Dynamic Credit Allocation Fund's official website?

The official website for Ares Dynamic Credit Allocation Fund is www.arespublicfunds.com.

How can I contact Ares Dynamic Credit Allocation Fund?

The company can be reached via phone at 310-201-4100.

This page was last updated on 12/2/2020 by MarketBeat.com Staff
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