Are Dynamic Credit Allocation Fund (ARDC)

• Market cap: $325M
• 1 day: 0.81%
• 5 days: 0.37%
• 1 month: -3.13%
• 3 months: -5.28%
• 6 months: -0.07%
• Year to date: -10.39%
• 1 year: -9.68%
• 5 years: 9.13%
• 10 years: -5.67%
• Sector: Financials
• Industry: Asset Management

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).