Are Dynamic Credit Allocation Fund (ARDC)

• Market cap: $301M
• 1 day: -0.08%
• 5 days: 0.96%
• 1 month: -0.87%
• 3 months: 3.11%
• 6 months: -5.77%
• Year to date: -5.41%
• 1 year: -11.78%
• 5 years: -22.54%
• 10 years: -9.82%
• Sector: Financials
• Industry: Asset Management

About: Ares Dynamic Credit Allocation Fund Inc is a closed-end, diversified, management investment company. The Fund's investment objective is to seek an attractive risk adjusted level of total return, through current income and, secondarily, through capital appreciation. The Fund invests in a broad, dynamically managed portfolio of (i) senior secured loans, (ii) corporate bonds, (iii) other fixed-income instruments, and (iv) securities issued by entities commonly referred to as collateralized loan obligations and other asset-backed securities.