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
Phone310-201-4100
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
Next Earnings DateN/A
OptionableNot Optionable
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 monthly dividend on Friday, April 12th. Stockholders of record on Wednesday, May 22nd will be paid a dividend of $0.1075 per share on Friday, May 31st. This represents a $1.29 annualized dividend and a dividend yield of 8.62%. The ex-dividend date of this dividend is Tuesday, May 21st. View Ares Dynamic Credit Allocation Fund's Dividend History.
Has Ares Dynamic Credit Allocation Fund been receiving favorable news coverage?
Media headlines about ARDC stock have trended positive recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news 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 coverage optimism score of 2.6 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the stock's share price in the immediate future.
Who are some of Ares Dynamic Credit Allocation Fund's key competitors?
Some companies that are related to Ares Dynamic Credit Allocation Fund include 1ST TR SR FR 20/COM (FIV), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), Advent Claymore Convertible Secrts &IFII (AGC), Alliance California Municipal IncmFndInc (AKP), AllianceBernstein Natnl Muncpl Incm Fnd. (AFB), ALLIANZGI CNV &/COM (CBH), Allianzgi Convertible & Income Fund (NCV), Allianzgi Convertible & Income Fund II (NCZ), Allianzgi NFJ Dividend int & Prm Stgy Fd (NFJ), Alpine Global Dynamic Dividend Fund (AGD), Apollo Tactical Income Fund (AIF), BLACKROCK 2022/COM (BGIO) and Blackrock Coporate High Yield Fund (HYT).
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 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 many different of institutional and retail investors. Top institutional shareholders include Capital Investment Advisors LLC (0.00%), 6 Meridian (0.00%) and FNY Investment Advisers LLC (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 major investors are buying Ares Dynamic Credit Allocation Fund stock?
ARDC stock was bought by a variety of institutional investors in the last quarter, including 6 Meridian, Capital Investment Advisors LLC and FNY Investment Advisers LLC. 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, Scottrade, 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 $14.97.
What is Ares Dynamic Credit Allocation Fund's official website?
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)
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.
