NYSE:ARDC

Ares Dynamic Credit Allocation Fund Stock Forecast, Price & News

$15.86
-0.10 (-0.63 %)
(As of 07/30/2021 12:00 AM ET)
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Today's Range
$15.83
$16.00
50-Day Range
$15.60
$16.31
52-Week Range
$12.04
$16.49
Volume67,830 shs
Average Volume88,708 shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield0.09%
BetaN/A
30 days | 90 days | 365 days | Advanced Chart
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Ares Dynamic Credit Allocation Fund logo

About Ares Dynamic Credit Allocation Fund

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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MarketRank

Overall MarketRank

0.68 out of 5 stars

Miscellaneous Sector

70th out of 173 stocks

Investment Trusts/Mutual Funds Industry

66th out of 166 stocks

Analyst Opinion: 0.0Community Rank: 3.4Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -
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Ares Dynamic Credit Allocation Fund (NYSE:ARDC) Frequently Asked Questions

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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Ares Dynamic Credit Allocation Fund wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Are investors shorting Ares Dynamic Credit Allocation Fund?

Ares Dynamic Credit Allocation Fund saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 59,100 shares, an increase of 45.9% from the June 30th total of 40,500 shares. Based on an average daily trading volume, of 82,300 shares, the days-to-cover ratio is presently 0.7 days.
View Ares Dynamic Credit Allocation Fund's Short Interest
.

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

Ares Dynamic Credit Allocation Fund's stock was trading at $12.77 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ARDC stock has increased by 24.2% and is now trading at $15.86.
View which stocks have been most impacted by COVID-19
.

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 Friday, July 9th. Investors of record on Monday, July 19th will be given a dividend of $0.097 per share on Friday, July 30th. This represents a $1.16 dividend on an annualized basis and a yield of 7.34%. The ex-dividend date is Friday, July 16th.
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.

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 54)
  • Mr. Daniel Fenno Nguyen, Chief Financial Officer (Age 49)
  • Mr. Michael Daniel Weiner, VP and Assistant Sec. (Age 69)

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

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

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ares Dynamic Credit Allocation Fund's stock price today?

One share of ARDC stock can currently be purchased for approximately $15.86.

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 7/30/2021 by MarketBeat.com Staff
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