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.
IPO Year: 2012
Exchange: NYSE
| Date | Price Target | Rating | Analyst |
|---|
SCHEDULE 13G/A - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Subject)
SCHEDULE 13G/A - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Subject)
SCHEDULE 13G/A - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Subject)
DEFA14A - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Filer)
DEF 14A - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Filer)
SCHEDULE 13G/A - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Subject)
N-CEN - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Filer)
N-CSR - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Filer)
SCHEDULE 13G/A - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Subject)
SCHEDULE 13G/A - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Subject)
Fastest customizable press release news feed in the world
NEW YORK, NY / ACCESSWIRE / January 10, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of January 2025 of $0.1175 per common share, payable as noted below.The following dates apply to the declared distribution:Ex-Date: January 21, 2025Record Date: January 21, 2025Payable Date: January 31, 2025Per Share Amount: $0.1175Based on the Fund's current share price of $15.25 (as of its close on January 9, 2025), the distribution represents an annualized distribution rate of approximately 9.25% (calculated by annualizing the distribution amount and dividing it by the current price). Information regarding the d
NEW YORK, NY / ACCESSWIRE / December 23, 2024 / Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of November 30, 2024 is now available via www.arespublicfunds.com.About Ares Dynamic Credit Allocation Fund, Inc.Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return, primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed po
NEW YORK, NY / ACCESSWIRE / December 10, 2024 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of December 2024 of $0.1175 per common share, payable as noted below.The following dates apply to the declared distribution:Ex-Date: December 20, 2024Record Date: December 20, 2024Payable Date: December 31, 2024Per Share Amount: $0.1175Based on the Fund's current share price of $15.29 (as of its close on December 9, 2024), the distribution represents an annualized distribution rate of approximately 9.22% (calculated by annualizing the distribution amount and dividing it by the current price). Information regarding
NEW YORK, NY / ACCESSWIRE / November 25, 2024 / Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of October 31, 2024 is now available via www.arespublicfunds.com.About Ares Dynamic Credit Allocation Fund, Inc.Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return, primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed por
NEW YORK CITY, NY / ACCESSWIRE / November 11, 2024 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of November 2024 of $0.1175 per common share, payable as noted below.The following dates apply to the declared distribution:Ex-Date: November 21, 2024Record Date: November 21, 2024Payable Date: November 29, 2024Per Share Amount: $0.1175Based on the Fund's current share price of $15.10 (as of its close on November 8, 2024), the distribution represents an annualized distribution rate of approximately 9.34% (calculated by annualizing the distribution amount and dividing it by the current price). Information rega
NEW YORK, NY / ACCESSWIRE / October 24, 2024 / Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of September 30, 2024 is now available via www.arespublicfunds.com.About Ares Dynamic Credit Allocation Fund, Inc.Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return, primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed po
NEW YORK, NY / ACCESSWIRE / October 11, 2024 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of October 2024 of $0.1175 per common share, payable as noted below.The following dates apply to the declared distribution:Ex-Date: October 21, 2024Record Date: October 21, 2024Payable Date: October 31, 2024Per Share Amount: $0.1175Based on the Fund's current share price of $15.31 (as of its close on October 10, 2024), the distribution represents an annualized distribution rate of approximately 9.21% (calculated by annualizing the distribution amount and dividing it by the current price). Information regarding the
NEW YORK, NY / ACCESSWIRE / September 24, 2024 / Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of August 31, 2024 is now available via www.arespublicfunds.com.About Ares Dynamic Credit Allocation Fund, Inc.Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return, primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed por
NEW YORK, NY / ACCESSWIRE / September 10, 2024 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of September 2024 of $0.1175 per common share, payable as noted below.The following dates apply to the declared distribution:Ex-Date: September 19, 2024Record Date: September 19, 2024Payable Date: September 30, 2024Per Share Amount: $0.1175Based on the Fund's current share price of $15.40 (as of its close on September 9, 2024), the distribution represents an annualized distribution rate of approximately 9.16% (calculated by annualizing the distribution amount and dividing it by the current price). Information reg
NEW YORK, NY / ACCESSWIRE / August 26, 2024 / Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of July 31, 2024 is now available via www.arespublicfunds.com.About Ares Dynamic Credit Allocation Fund, Inc.Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return, primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed portfoli
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
3 - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Issuer)
4 - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Issuer)
4 - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Issuer)
3 - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Issuer)
4 - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Issuer)
4 - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Issuer)
3/A - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Issuer)
3 - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Issuer)
4 - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Issuer)
3 - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Issuer)
Live finance-specific insights
Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) (the "Fund") announced today that it completed an initial $20 million closing in the first of two closings for a total of $100 million in privately placed mandatory redeemable preferred stock ("MRPS"). The second closing for the remaining $80 million of MRPS is expected to be completed in the third quarter of 2021. Net proceeds from the MRPS will be used to repay existing debt and for investment and general corporate purposes. The table below summarizes key terms of the MRPS. Series Size Dividend Rate Mandatory Redemption Date Series A $20 million 2.58% July 15, 2026 Series B $30 million 2.58%
This live feed shows all institutional transactions in real time.
SC 13G/A - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Subject)
SC 13G/A - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Subject)
SC 13G/A - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Subject)
SC 13G - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Subject)
SC 13G/A - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Subject)
SC 13G - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Subject)
SC 13G - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Subject)
SC 13G - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Subject)
SC 13G/A - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Subject)
SC 13G/A - Ares Dynamic Credit Allocation Fund, Inc. (0001515324) (Subject)
Live Leadership Updates
Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the appointment of Elaine Orr to its Board of Directors (the "Board") as an independent director and chair of the audit committee. In addition, ARDC announced today the resignation of Paula B. Pretlow from the Board. Both Ms. Orr's appointment and Ms. Pretlow's resignation became effective August 9, 2022. Ms. Orr brings extensive institutional investment, foundation and wealth management experience, having served in leadership and board positions at a number of leading global financial institutions. Most recently, Ms. Orr served as Senior Director of Philanthropy and Strategic Partnerships for the Robert Toi
NEW YORK--(BUSINESS WIRE)--Ares Dynamic Credit Allocation Fund, Inc. (NYSE: ARDC) today announced the appointment of Paula B. Pretlow to its Board of Directors as an independent director and a member of the audit committee. Ms. Pretlow’s appointment became effective February 16, 2021. Ms. Pretlow brings more than three decades of finance, investment management and business development leadership experience to the ARDC Board. Previously, Ms. Pretlow was a Senior Vice President at The Capital Group for 12 years, where she led the public fund business development and client relationship group. Her investment industry experience also includes senior roles at BlackRock and AXA Rosenbe