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
Current SymbolNYSE:ARDC
Previous Symbol
CUSIPN/A
Phone310-201-4100
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
EmployeesN/A
Outstanding SharesN/A
Market Cap$0.00
OptionableNot Optionable
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 announced a dividend on Thursday, October 11th. Shareholders of record on Thursday, December 20th will be paid a dividend of $0.108 per share on Monday, December 31st. The ex-dividend date is Wednesday, December 19th. View Ares Dynamic Credit Allocation Fund's Dividend History.
Has Ares Dynamic Credit Allocation Fund been receiving favorable news coverage?
News coverage about ARDC stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ares Dynamic Credit Allocation Fund earned a news sentiment score of 1.5 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near term.
Who are some of Ares Dynamic Credit Allocation Fund's key competitors?
Some companies that are related to Ares Dynamic Credit Allocation Fund include 1ST TR SR FR 20/COM (FIV), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), Advent Claymore Convertible Secrts &IFII (AGC), Alliance California Municipal Income Fun (AKP), AllianceBernstein Natnl Muncpl Incm Fnd. (AFB), ALLIANZGI CNV &/COM (CBH), Allianzgi Convertible & Income Fund (NCV), Allianzgi Convertible & Income Fund II (NCZ), Allianzgi NFJ Dividend int & Prm Stgy Fd (NFJ), Alpine Global Dynamic Dividend Fund (AGD), Apollo Tactical Income Fund (AIF), Bitcoin Investment Trust (GBTC) and BLACKROCK 2022 GLOBAL INCOME OPP CF (BGIO).
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 variety of of retail and institutional investors. Top institutional shareholders include Advisors Asset Management Inc. (0.00%), Wells Fargo & Company MN (1.93%), First Trust Advisors LP (1.31%), Morgan Stanley (0.00%), Bessemer Group Inc. (0.00%) and City of London Investment Management Co. Ltd. (0.00%). 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 major investors are selling Ares Dynamic Credit Allocation Fund stock?
Which major investors are buying Ares Dynamic Credit Allocation Fund stock?
ARDC stock was acquired by a variety of institutional investors in the last quarter, including Shaker Financial Services LLC, NINE MASTS CAPITAL Ltd, NINE MASTS CAPITAL Ltd, Doliver Capital Advisors LP, First Trust Advisors LP, American Financial Network Advisory Services LLC, Oppenheimer & Co. Inc. and E&G Advisors 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 $14.51.
What is Ares Dynamic Credit Allocation Fund's official website?
How can I contact Ares Dynamic Credit Allocation Fund?
The company can be reached via phone at 310-201-4100.
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.
