NYSE:ARDC - Ares Dynamic Credit Allocation Fund Stock Price, News & Analysis

$14.95
-0.03 (-0.20 %)
(As of 09/20/2019 06:36 AM ET)
Today's Range
$14.93
Now: $14.95
$15.02
50-Day Range
$14.86
MA: $15.05
$15.3034
52-Week Range
$13.07
Now: $14.95
$15.83
Volume63,400 shs
Average Volume84,280 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.

Industry, Sector and Symbol

Industry Investment Trusts/Mutual Funds
Sub-IndustryN/A
SectorMiscellaneous
CUSIPN/A
Phone310-201-4100

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Next Earnings DateN/A
OptionableNot Optionable

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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, July 11th. Shareholders of record on Thursday, September 19th will be given a dividend of $0.108 per share on Monday, September 30th. The ex-dividend date is Wednesday, September 18th. View Ares Dynamic Credit Allocation Fund's Dividend History.

Has Ares Dynamic Credit Allocation Fund been receiving favorable news coverage?

Media coverage about ARDC stock has been trending negative recently, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ares Dynamic Credit Allocation Fund earned a news impact score of -2.9 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Ares Dynamic Credit Allocation Fund.

Who are some of Ares Dynamic Credit Allocation Fund's key 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 InterDigital Wireless (IDCC), Bank of Hawaii (BOH), Stag Industrial (STAG), Gilead Sciences (GILD), AbbVie (ABBV), Energy Transfer LP Unit (ET), Tanger Factory Outlet Centers (SKT), Starwood Property Trust (STWD), Exxon Mobil (XOM) and Ares Capital (ARCC).

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 52)
  • Mr. Daniel Fenno Nguyen, Chief Financial Officer (Age 47)
  • Mr. Anthony Stanton Dell J.D., Chief Compliance Officer and Anti-Money Laundering Officer (Age 51)
  • Mr. Daniel J. Hall, Chief Legal Officer, Gen. Counsel and Sec. (Age 47)
  • Mr. Sunny Parmar, Treasurer (Age 47)

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 investors include Parametric Portfolio Associates LLC (0.00%), UBS Group AG (0.00%), Rivernorth Capital Management LLC (0.00%), Wells Fargo & Company MN (0.00%), Bank of America Corp DE (0.00%) and Invesco Ltd. (0.00%). Company insiders that own Ares Dynamic Credit Allocation Fund stock include Daniel J Hall, John Joseph Shaw and Seth J Brufsky. View Institutional Ownership Trends for Ares Dynamic Credit Allocation Fund.

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

ARDC stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Invesco Ltd., Morgan Stanley, Shaker Financial Services LLC, 6 Meridian, Rivernorth Capital Management LLC and 9258 Wealth Management LLC. View Insider Buying and Selling for Ares Dynamic Credit Allocation Fund.

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

ARDC stock was bought by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Wells Fargo & Company MN, Parametric Portfolio Associates LLC, Ladenburg Thalmann Financial Services Inc., UBS Group AG, Capital Investment Advisors LLC, Advisor Group Inc. and Oppenheimer & Co. Inc.. Company insiders that have bought Ares Dynamic Credit Allocation Fund stock in the last two years include Daniel J Hall, John Joseph Shaw and Seth J Brufsky. 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, 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 $14.95.

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

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

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)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  92 (Vote Outperform)
Underperform Votes:  80 (Vote Underperform)
Total Votes:  172
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.
This page was last updated on 9/20/2019 by MarketBeat.com Staff

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