ARDC
Are Dynamic Credit Allocation FundARDC
ARDC
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).
0
Funds holding %
of 7,327 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
4% more funds holding
Funds holding: 49 [Q4 2024] → 51 (+2) [Q1 2025]
1.59% more ownership
Funds ownership: 28.59% [Q4 2024] → 30.18% (+1.59%) [Q1 2025]
1% less capital invested
Capital invested by funds: $99M [Q4 2024] → $97.6M (-$1.41M) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for ARDC.
Financial journalist opinion
Based on 3 articles about ARDC published over the past 30 days
Neutral
Accesswire
1 week ago
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.
Neutral
Accesswire
3 weeks ago
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).
Neutral
Seeking Alpha
3 weeks ago
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.
Positive
Seeking Alpha
1 month ago
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.
Positive
Seeking Alpha
1 month ago
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.
Neutral
Accesswire
1 month ago
Month-End Portfolio Data Now Available For Ares Dynamic Credit Allocation Fund, Inc.
NEW YORK, NY / ACCESS Newswire / June 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 May 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.
Neutral
Accesswire
1 month ago
Ares Dynamic Credit Allocation Fund Declares A Monthly Distribution of $0.1125 per Share
NEW YORK, NY / ACCESS Newswire / June 10, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of June 2025 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: June 20, 2025Record Date: June 20, 2025Payable Date: June 30, 2025Per Share Amount: $0.1125 Based on the Fund's current share price of $14.15 (as of its close on June 9, 2025), the distribution represents an annualized distribution rate of approximately 9.54% (calculated by annualizing the distribution amount and dividing it by the current price).
Neutral
Accesswire
2 months ago
Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.
NEW YORK, NY / ACCESS Newswire / May 27, 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 April 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.
Neutral
Accesswire
2 months ago
Ares Dynamic Credit Allocation Fund Declares A Monthly Distribution Of $0.1125 Per Share
NEW YORK, NY / ACCESS Newswire / May 9, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of May 2025 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: May 19, 2025Record Date: May 19, 2025Payable Date: May 30, 2025Per Share Amount: $0.1125 Based on the Fund's current share price of $13.76 (as of its close on May 8, 2025), the distribution represents an annualized distribution rate of approximately 9.81% (calculated by annualizing the distribution amount and dividing it by the current price).
Positive
Seeking Alpha
3 months ago
5 Best CEFs This Month For Yields Up To 15% (April 2025)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500closed-end funds.
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