Are Dynamic Credit Allocation Fund

ARDC

Market cap $320M

Ares Dynamic Credit Allocation Fund (ARDC) receives a Sell rating due to its heavy allocation to floating rate issuances amid an interest rate easing cycle. ARDC's portfolio is 61.8% floating rate debt, which may underperform as the Federal Reserve continues to cut rates, despite some risk mitigation from first lien loans. The fund offers a high 10.14% yield and stable distributions, but its high expense ratio and recent underperformance versus peers are notable concerns.

NEW YORK, NY / ACCESS Newswire / November 24, 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 October 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.

NEW YORK, NY / ACCESS Newswire / November 11, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of November 2025 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: November 21, 2025Record Date: November 21, 2025Payable Date: November 28, 2025Per Share Amount: $0.1125 Based on the Fund's current share price of $13.88 (as of its close on November 10, 2025), the distribution represents an annualized distribution rate of approximately 9.73% (calculated by annualizing the distribution amount and dividing it by the current price).

This month's top 10 closed-end funds offer an average yield of 9.25% and strong long-term performance across diverse asset classes. 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.

NEW YORK, NY / ACCESS Newswire / October 24, 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 September 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.

NEW YORK, NY / ACCESS Newswire / October 10, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of October 2025 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: October 20, 2025Record Date: October 20, 2025Payable Date: October 31, 2025Per Share Amount: $0.1125 Based on the Fund's current share price of $13.73 (as of its close on October 9, 2025), the distribution represents an annualized distribution rate of approximately 9.83% (calculated by annualizing the distribution amount and dividing it by the current price).

NEW YORK, NY / ACCESS Newswire / September 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 August 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.

NEW YORK, NY / ACCESS Newswire / September 11, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of September 2025 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: September 22, 2025Record Date: September 22, 2025Payable Date: September 30, 2025Per Share Amount: $0.1125 Based on the Fund's current share price of $14.80 (as of its close on September 10, 2025), the distribution represents an annualized distribution rate of approximately 9.12% (calculated by annualizing the distribution amount and dividing it by the current price).

I maintain a hold rating on ARDC due to its elevated premium to NAV and declining net investment income outlook. ARDC's strong 9.1% yield is appealing, but future dividend coverage is at risk as interest rates are expected to fall. The fund's aggressive leverage and high allocation to below-investment-grade securities amplify risk, especially in uncertain economic conditions.

NEW YORK, NY / ACCESS Newswire / August 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 July 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.