NYSE:ARDC

Ares Dynamic Credit Allocation Fund Stock Forecast, Price & News

$14.63

+0.05 (+0.34 %)

(As of 01/21/2021 12:00 AM ET)

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Today's Range

$14.58

Now: $14.63▼

$14.66

50-Day Range

$13.70

MA: $14.22▼

$14.71

52-Week Range

$8.10

Now: $14.63▼

$15.91

Volume64,215 shs

Average Volume103,086 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.

Overall MarketRank^™

0.52 out of 5 stars

Miscellaneous Sector

54th out of 172 stocks

Investment Trusts/Mutual Funds Industry

50th out of 165 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Ares Dynamic Credit Allocation Fund.

2.6 Community Rank

Outperform Votes
Ares Dynamic Credit Allocation Fund has received 117 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Ares Dynamic Credit Allocation Fund has received 108 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Ares Dynamic Credit Allocation Fund has received 52.00% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Ares Dynamic Credit Allocation Fund has a dividend yield of 0.09%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Ares Dynamic Credit Allocation Fund has only been increasing its dividend for 1 years.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ares Dynamic Credit Allocation Fund insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

See Top Rated MarketRank™ Stocks Here

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

$14.63

+0.05 (+0.34 %)

(As of 01/21/2021 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 COVID-19 (Coronavirus)?

Ares Dynamic Credit Allocation Fund's stock was trading at $12.77 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ARDC shares have increased by 14.6% and is now trading at $14.63.
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 past winning trading ideas 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.

What is Larry J. Merlo's approval rating as Ares Dynamic Credit Allocation Fund's CEO?

6,978 employees have rated Ares Dynamic Credit Allocation Fund CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among Ares Dynamic Credit Allocation Fund's employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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 Monday, January 11th. Investors of record on Thursday, January 21st will be given a dividend of $0.097 per share on Friday, January 29th. This represents a $1.16 annualized dividend and a dividend yield of 7.96%. The ex-dividend date is Wednesday, January 20th.
View Ares Dynamic Credit Allocation Fund's dividend history.

Is Ares Dynamic Credit Allocation Fund a good dividend stock?

Ares Dynamic Credit Allocation Fund pays an annual dividend of $1.29 per share and currently has a dividend yield of 0.09%.
View Ares Dynamic Credit Allocation Fund's dividend history.

Are investors shorting Ares Dynamic Credit Allocation Fund?

Ares Dynamic Credit Allocation Fund saw a decline in short interest during the month of December. As of December 31st, there was short interest totaling 4,000 shares, a decline of 73.2% from the December 15th total of 14,900 shares. Based on an average daily trading volume, of 93,200 shares, the days-to-cover ratio is currently 0.0 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 of ARDC's 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 number of retail and institutional investors. Top institutional shareholders include Capital Investment Advisors LLC (0.00%), 6 Meridian (0.00%), Global Retirement Partners LLC (0.00%) and FNY Investment Advisers LLC (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 6 Meridian.
View insider buying and selling activity for Ares Dynamic Credit Allocation Fund or view top insider-selling stocks.

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 Global Retirement Partners LLC, FNY Investment Advisers LLC, and Capital Investment Advisors LLC.
View insider buying and selling activity for Ares Dynamic Credit Allocation Fund or or view top insider-buying stocks.

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 WeBull, 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 $14.63.

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 1/22/2021 by MarketBeat.com Staff

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