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NYSE:ARDCAres Dynamic Credit Allocation Fund Stock Price, Forecast & News

$9.83
-0.29 (-2.87 %)
(As of 04/5/2020 03:13 AM ET)
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Today's Range
$9.60
Now: $9.83
$10.05
50-Day Range
$8.66
MA: $13.08
$15.87
52-Week Range
$8.10
Now: $9.83
$15.91
Volume171,159 shs
Average Volume172,702 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.85 out of 5 stars


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

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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ARDC stock has decreased by 23.0% and is now trading at $9.83. View which stocks have been mosted impacted by Coronavirus.

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 Tuesday, January 14th. Shareholders of record on Friday, March 20th will be paid a dividend of $0.1075 per share on Tuesday, March 31st. This represents a $1.29 dividend on an annualized basis and a yield of 13.12%. The ex-dividend date of this dividend is Thursday, March 19th. View Ares Dynamic Credit Allocation Fund's dividend history.

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

News headlines about ARDC stock have been trending very negative this week, InfoTrie reports. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Ares Dynamic Credit Allocation Fund earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutAres Dynamic Credit Allocation Fund.

Are investors shorting Ares Dynamic Credit Allocation Fund?

Ares Dynamic Credit Allocation Fund saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 4,400 shares, a decrease of 81.7% from the February 27th total of 24,100 shares. Based on an average trading volume of 118,400 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold. View Ares Dynamic Credit Allocation Fund's Current Options Chain.

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

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

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 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)

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 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 $9.83.

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.

This page was last updated on 4/5/2020 by MarketBeat.com Staff

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