Are Dynamic Credit Allocation Fund (ARDC)

• Market cap: $318M
• 1 day: -0.37%
• 5 days: -0.45%
• 1 month: -4.51%
• 3 months: -10.42%
• 6 months: -6.78%
• Year to date: -12.36%
• 1 year: -12.82%
• 5 years: -4.38%
• 10 years: 2.38%
• 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).