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
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 Monday, January 14th. Stockholders of record on Wednesday, March 20th will be paid a dividend of $0.1075 per share on Friday, March 29th. This represents a $1.29 dividend on an annualized basis and a dividend yield of 8.63%. The ex-dividend date is Tuesday, March 19th. View Ares Dynamic Credit Allocation Fund's Dividend History.
Has Ares Dynamic Credit Allocation Fund been receiving favorable news coverage?
News articles about ARDC stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ares Dynamic Credit Allocation Fund earned a news sentiment score of -1.7 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next several days.
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 Corporate High Yield Fund (HYT).
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 a variety of of institutional and retail investors. Top institutional shareholders include Advisors Asset Management Inc. (0.00%), Bank of America Corp DE (0.00%), First Trust Advisors LP (0.00%), Shaker Financial Services LLC (0.00%), RMB Capital Management LLC (0.00%) and City of London Investment Management Co. Ltd. (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 institutional investors are selling Ares Dynamic Credit Allocation Fund stock?
ARDC stock was sold by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., Stifel Financial Corp, Robinson Capital Management LLC, First Trust Advisors LP, Doliver Capital Advisors LP, American Financial Network Advisory Services LLC and Capital Investment Advisors LLC. View Insider Buying and Selling for Ares Dynamic Credit Allocation Fund.
Which institutional investors are buying Ares Dynamic Credit Allocation Fund stock?
ARDC stock was acquired by a variety of institutional investors in the last quarter, including RMB Capital Management LLC, Shaker Financial Services LLC, CWM LLC, BlackRock Inc., Joel Isaacson & Co. LLC, 6 Meridian, Sit Investment Associates Inc. and Camelot Portfolios 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 $14.95.
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.
