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

$11.87

-0.03 (-0.25 %)

(As of 06/2/2020 04:00 PM ET)

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Today's Range

$11.87

Now: $11.87▼

$11.99

50-Day Range

$10.55

MA: $10.92▼

$11.77

52-Week Range

$8.10

Now: $11.87▼

$15.91

Volume101,454 shs

Average Volume152,657 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.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Ares Dynamic Credit Allocation Fund.

2.6 Community Rank

Outperform Votes
Ares Dynamic Credit Allocation Fund has received 117 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Ares Dynamic Credit Allocation Fund has received 108 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Ares Dynamic Credit Allocation Fund has received 52.00% “outperform” votes from our community.

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.

1.7 Dividend Strength

Dividend Leadership
Ares Dynamic Credit Allocation Fund is a leading dividend payer. It pays a dividend yield of 0.09%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Ares Dynamic Credit Allocation Fund does not have a long track record of dividend growth.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ares Dynamic Credit Allocation Fund insiders have bought more of their company's stock than they have sold. Specifically, they have bought $233,000.00 in company stock and sold $0.00 in company stock.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

1.45 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Investment Trusts/Mutual Funds

Sub-IndustryN/A

SectorMiscellaneous

Current SymbolNYSE:ARDC

Previous Symbol

CUSIPN/A

CIK1515324

Webwww.arespublicfunds.com

Phone310-201-4100

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding SharesN/A

Market CapN/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 COVID-19 reached pandemic status according to the World Health Organization. Since then, ARDC stock has decreased by 7.0% and is now trading at $11.87. 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 Monday, May 11th. Stockholders of record on Thursday, May 21st will be paid a dividend of $0.097 per share on Friday, May 29th. This represents a $1.16 annualized dividend and a dividend yield of 9.81%. The ex-dividend date of this dividend is Wednesday, May 20th. View Ares Dynamic Credit Allocation Fund's dividend history.

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

Press coverage about ARDC stock has trended somewhat negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. 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 daily sentiment score of -1.6 on InfoTrie's scale. They also gave media headlines 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 company's share price in the next several days. View the latest news aboutAres Dynamic Credit Allocation Fund.

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), 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), Blackrock Coporate High Yield Fund (HYT), Blackrock Credit Allocation Income Trust (BTZ) and BlackRock Floating Rate Income SFI (FRA). View all 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 AbbVie (ABBV), Bank of Hawaii (BOH), InterDigital Wireless (IDCC), Gilead Sciences (GILD), Starwood Property Trust (STWD), Ares Capital (ARCC), Enbridge (ENB), Golar LNG Partners (GMLP), John Hancock Tax-Advantage Dvd Incom Fd. (HTD) and ONEOK (OKE).

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 a number of retail and institutional investors. Top institutional shareholders include Parametric Portfolio Associates LLC (0.00%), UBS Group AG (0.00%), RiverNorth Capital Management LLC (0.00%), Advisors Asset Management Inc. (0.00%), Wells Fargo & Company MN (0.00%) and Cohen & Steers Inc. (0.00%). Company insiders that own Ares Dynamic Credit Allocation Fund stock include Ares Capital Management Ii Llc, Daniel J Hall, 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 Northwestern Mutual Wealth Management Co., Morgan Stanley, BlackRock Inc., Shaker Financial Services LLC, Advisors Asset Management Inc., RiverNorth Capital Management LLC, 6 Meridian, and Invesco Ltd.. 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 Matisse Capital, Parametric Portfolio Associates LLC, Saba Capital Management L.P., Advisor Group Holdings Inc., OTA Financial Group L.P., Wells Fargo & Company MN, Doliver Advisors LP, and Capital Investment Advisors 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 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 $11.87.

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 6/2/2020 by MarketBeat.com Staff