Are Dynamic Credit Allocation Fund (ARDC)

• Market cap: $291M
• 1 day: 0.33%
• 5 days: -0.33%
• 1 month: -7.51%
• 3 months: -8.55%
• 6 months: -17.85%
• Year to date: -8.27%
• 1 year: -14.21%
• 5 years: -19.74%
• 10 years: -6.51%
• 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.