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

$12.68
-0.04 (-0.31 %)
(As of 08/11/2020 04:00 PM ET)
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Today's Range
$12.67
Now: $12.68
$12.79
50-Day Range
$11.91
MA: $12.19
$12.65
52-Week Range
$8.10
Now: $12.68
$15.91
Volume78,269 shs
Average Volume133,052 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: 0.0Insider Behavior: 3.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.12 out of 5 stars


Industry, Sector and Symbol

Industry Investment Trusts/Mutual Funds
Sub-IndustryN/A
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
$12.68
-0.04 (-0.31 %)
(As of 08/11/2020 04:00 PM 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ARDC stock has decreased by 0.7% and is now trading at $12.68.
View which stocks have been most 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 Friday, July 10th. Shareholders of record on Tuesday, July 21st will be given a dividend of $0.097 per share on Friday, July 31st. This represents a $1.16 annualized dividend and a dividend yield of 9.18%. The ex-dividend date of this dividend is Monday, July 20th.
View Ares Dynamic Credit Allocation Fund's dividend history
.

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

Headlines about ARDC stock have been trending somewhat positive this week, InfoTrie reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ares Dynamic Credit Allocation Fund earned a coverage optimism score of 1.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future.
View the latest news about Ares Dynamic Credit Allocation Fund
.

Are investors shorting Ares Dynamic Credit Allocation Fund?

Ares Dynamic Credit Allocation Fund saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 24,100 shares, an increase of 72.1% from the February 13th total of 14,000 shares. Based on an average daily trading volume, of 118,400 shares, the days-to-cover ratio is currently 0.2 days.
View Ares Dynamic Credit Allocation Fund's Short Interest
.

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 Bank of Hawaii (BOH), InterDigital Wireless (IDCC), Stag Industrial (STAG), Ares Capital (ARCC), AbbVie (ABBV), Energy Transfer LP Unit (ET), KKR Income Opportunities Fund (KIO), Pimco Dynamic Credit and MortggeIncmFund (PCI), PepsiCo (PEP) and Verizon Communications (VZ).

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."

Who are Ares Dynamic Credit Allocation Fund's major shareholders?

Ares Dynamic Credit Allocation Fund's stock is owned by many different retail and institutional investors. Top institutional shareholders include UBS Group AG (0.00%), Matisse Capital (0.00%), First Trust Advisors LP (0.00%), Capital Investment Advisors LLC (0.00%), Shaker Financial Services LLC (0.00%) and 6 Meridian (0.00%). Company insiders that own Ares Dynamic Credit Allocation Fund stock include Ares Capital Management Ii Llc, John Joseph Shaw 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 UBS Group AG, Matisse Capital, First Trust Advisors LP, Shaker Financial Services LLC, Capital Investment Advisors LLC, Raymond James Financial Services Advisors Inc., and Lindbrook Capital LLC.
View insider buying and selling activity for Ares Dynamic Credit Allocation Fund
.

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 Mackay Shields LLC, and 6 Meridian. Company insiders that have bought Ares Dynamic Credit Allocation Fund stock in the last two years include John Joseph Shaw, and Seth J Brufsky.
View insider buying and selling activity 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 $12.68.

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 8/12/2020 by MarketBeat.com Staff

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