Are Dynamic Credit Allocation Fund (ARDC)

• Market cap: $292M
• 1 day: -0.57%
• 5 days: 1.67%
• 1 month: -1.53%
• 3 months: -10.1%
• 6 months: -9.43%
• Year to date: -8.27%
• 1 year: -4.76%
• 5 years: -19.84%
• 10 years: -8.68%
• 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.