ARDC

Are Dynamic Credit Allocation Fund

ARDC

Market cap $354M

Overview Fund Activity

14.84 USD

-0.03

0.2%

At close Updated Sep 16, 11:01 AM EDT

1 day

-0.2%

5 days

-0.2%

1 month

1.5%

3 months

4.07%

6 months

4.36%

Year to date

-2.43%

1 year

-3.32%

5 years

14.07%

10 years

2.84%

About: Ares Dynamic Credit Allocation Fund Inc is a closed-ended, diversified management investment company. The fund's investment objective is to provide an attractive level of total return, through current income and, secondarily, through capital appreciation. The Fund invests in a broad, dynamically managed portfolio of senior secured loans (Senior Loans) made to companies whose debt is rated below investment grade; corporate bonds (Corporate Bonds) that are high yield issues rated below investment grade; other fixed-income instruments of a similar nature that may be represented by derivatives; and securities of collateralized loan obligations (CLOs).

Financials Asset Management

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

350% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 2

13% more funds holding

Funds holding: 52 [Q1] → 59 (+7) [Q2]

4% more capital invested

Capital invested by funds: $98.2M [Q1] → $102M (+$3.86M) [Q2]

0.31% less ownership

Funds ownership: 30.35% [Q1] → 30.04% (-0.31%) [Q2]

6% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 18

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Financial journalist opinion

Based on 4 articles about ARDC published over the past 30 days

Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1125 Per Share

NEW YORK, NY / ACCESS Newswire / September 11, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of September 2025 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: September 22, 2025Record Date: September 22, 2025Payable Date: September 30, 2025Per Share Amount: $0.1125 Based on the Fund's current share price of $14.80 (as of its close on September 10, 2025), the distribution represents an annualized distribution rate of approximately 9.12% (calculated by annualizing the distribution amount and dividing it by the current price).

Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1125 Per Share

ARDC: Trades At One Of The Highest Valuations In A Decade

I maintain a hold rating on ARDC due to its elevated premium to NAV and declining net investment income outlook. ARDC's strong 9.1% yield is appealing, but future dividend coverage is at risk as interest rates are expected to fall. The fund's aggressive leverage and high allocation to below-investment-grade securities amplify risk, especially in uncertain economic conditions.

ARDC: Trades At One Of The Highest Valuations In A Decade

Month-End Portfolio Data Now Available For Ares Dynamic Credit Allocation Fund, Inc.

NEW YORK, NY / ACCESS Newswire / August 25, 2025 / 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, 2025 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.

Month-End Portfolio Data Now Available For Ares Dynamic Credit Allocation Fund, Inc.

Inside The Income Factory: Credit Asset Investing With Steven Bavaria

Steven Bavaria, from Inside the Income Factory, discusses credit assets like high-yield bonds, senior loans, and BDCs for stable, high-yield income, favoring closed-end funds for their resilience and discounts. Expense ratios for BDC ETFs like PBDC appear high due to accounting rules, but actual fund expenses are low—professional management adds only about 0.4%.

Inside The Income Factory: Credit Asset Investing With Steven Bavaria

Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1125 Per Share

NEW YORK, NY / ACCESS Newswire / August 11, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of August 2025 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: August 21, 2025Record Date: August 21, 2025Payable Date: August 29, 2025Per Share Amount: $0.1125 Based on the Fund's current share price of $14.46 (as of its close on August 8, 2025), the distribution represents an annualized distribution rate of approximately 9.34% (calculated by annualizing the distribution amount and dividing it by the current price).

Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1125 Per Share

Month-End Portfolio Data Now Available For Ares Dynamic Credit Allocation Fund, Inc.

NEW YORK CITY, NY / ACCESS Newswire / July 25, 2025 / 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 June 30, 2025 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.

Month-End Portfolio Data Now Available For Ares Dynamic Credit Allocation Fund, Inc.

Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1125 Per Share

NEW YORK, NY / ACCESS Newswire / July 11, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of July 2025 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: July 21, 2025Record Date: July 21, 2025Payable Date: July 31, 2025Per Share Amount: $0.1125 Based on the Fund's current share price of $14.31 (as of its close on July 10, 2025), the distribution represents an annualized distribution rate of approximately 9.43% (calculated by annualizing the distribution amount and dividing it by the current price).

Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1125 Per Share

Hard Cash Vs. Hope: Which Is Better - Investing In Corporate Credit Or Equity?

When 401(k)s and IRAs replaced "defined benefit pensions" a few decades ago, we all suddenly became our own "pension managers." The investment and media industries quickly "taught" us all to focus our attention on stock prices and short-term gains and losses. That's what attracted viewers and kept them tuned in to CNBC and Bloomberg all day.

Hard Cash Vs. Hope: Which Is Better - Investing In Corporate Credit Or Equity?

ARDC: The Worst Is Likely Over, But Still Not A Buy (Rating Upgrade)

Ares Dynamic Credit Allocation Fund offers a high 9.5% yield and monthly payouts, appealing for income-focused investors but with limited capital appreciation potential. Recent price declines have brought ARDC's valuation to a more reasonable level, but risks remain due to high leverage and below-investment-grade exposure. The fund's performance is closely tied to interest rates; sustained high rates could pressure NAV and increase default risks.

ARDC: The Worst Is Likely Over, But Still Not A Buy (Rating Upgrade)

ARDC: 9% Yield On Fixed Income

ARDC is part of the large Ares Credit Group, which has $36.59B in assets under management. It pays monthly, yielding 9.5% as of 6/27/25. It has a 2.5% discount.

ARDC: 9% Yield On Fixed Income

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