Are Dynamic Credit Allocation Fund

ARDC

Market cap $297M

NEW YORK, July 10, 2026 /PRNewswire/ -- Ares Dynamic Credit Allocation Fund, Inc. ("ARDC" or the "Fund") (NYSE: ARDC) announced today the declaration of its distribution for the month of July 2026 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: July 20, 2026Record Date: July 20, 2026Payable Date: July 31, 2026Per Share Amount: $0.1125 Based on the Fund's current share price of $12.82 (as of its close on July 9, 2026), the distribution represents an annualized distribution rate of approximately 10.53% (calculated by annualizing the distribution amount and dividing it by the current price).

Ares Dynamic Credit Allocation Fund remains a hold due to valuation and near-term debt market risks. ARDC trades at a 6.7% discount to NAV, with a 10.8% yield, but faces risk from rising borrower defaults and aggressive leverage (40.9%). The portfolio is 80% below-investment-grade debt, making ARDC sensitive to credit deterioration if interest rates remain elevated.

NEW YORK, June 25, 2026 /PRNewswire/ -- 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, 2026, 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, June 11, 2026 /PRNewswire/ -- Ares Dynamic Credit Allocation Fund, Inc. ("ARDC" or the "Fund") (NYSE: ARDC) announced today the declaration of its distribution for the month of June 2026 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: June 22, 2026Record Date: June 22, 2026Payable Date: June 30, 2026Per Share Amount: $0.1125 Based on the Fund's current share price of $12.56 (as of its close on June 10, 2026), the distribution represents an annualized distribution rate of approximately 10.75% (calculated by annualizing the distribution amount and dividing it by the current price).

NEW YORK, NY / ACCESS Newswire / May 21, 2026 / 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, 2026, 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 / May 11, 2026 / Ares Dynamic Credit Allocation Fund, Inc. ("ARDC" or the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of May 2026 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: May 21, 2026Record Date: May 21, 2026Payable Date: May 29, 2026Per Share Amount: $0.1125 Based on the Fund's current share price of $12.88 (as of its close on May 8, 2026), the distribution represents an annualized distribution rate of approximately 10.48% (calculated by annualizing the distribution amount and dividing it by the current price).

NEW YORK, NY / ACCESS Newswire / April 24, 2026 / 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 March 31, 2026, 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.

Ares Dynamic Credit Allocation Fund is rated Buy, offering a 10.7% yield and trading at a -7.5% discount to NAV. ARDC's distribution is well covered with significant undistributed net investment income, following a recent reduction to $0.1125 per month. The fund employs dynamic allocation across high-yield bonds, senior loans, and CLOs, with 40% leverage currently above its 33% target.

Seven high-yield fixed income CEFs—ARDC, BGH, BIT, GHY, KIO, OPP, WDI—currently trade at wider-than-average discounts, offering yields from 10% to 14%. Market fears over private credit and macroeconomic uncertainty have pressured prices, creating potential buying opportunities for long-term income investors. These funds diversify across senior loans, high-yield bonds, CLOs, and MBS, balancing floating and fixed-rate exposure to manage interest rate risk.

NEW YORK CITY, NY / ACCESS Newswire / April 10, 2026 / Ares Dynamic Credit Allocation Fund, Inc. ("ARDC" or the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of April 2026 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: April 20, 2026Record Date: April 20, 2026Payable Date: April 30, 2026Per Share Amount: $0.1125 Based on the Fund's current share price of $12.27 (as of its close on April 9, 2026), the distribution represents an annualized distribution rate of approximately 11.00% (calculated by annualizing the distribution amount and dividing it by the current price).