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 Tuesday, January 14th. Shareholders of record on Friday, March 20th will be given a dividend of $0.1075 per share on Tuesday, March 31st. This represents a $1.29 annualized dividend and a yield of 8.70%. The ex-dividend date of this dividend is Thursday, March 19th. 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 trended somewhat negative recently, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ares Dynamic Credit Allocation Fund earned a media sentiment score of -1.9 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Ares 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).
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 a number of of retail and institutional investors. Top institutional investors include UBS Group AG (0.00%), Rivernorth Capital Management LLC (0.00%), Advisors Asset Management Inc. (0.00%), Cohen & Steers Inc. (0.00%), Guggenheim Capital LLC (0.00%) and First Trust Advisors LP (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 institutional investors are selling Ares Dynamic Credit Allocation Fund stock?
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 Matisse Capital, Rivernorth Capital Management LLC, 6 Meridian, Shaker Financial Services LLC, FNY Investment Advisers LLC, Cohen & Steers Inc., E&G 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 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 $14.83.
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.
