Are Dynamic Credit Allocation Fund

ARDC

Market cap $299M

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).

NEW YORK, NY / ACCESS Newswire / March 25, 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 February 28, 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.

We review the CEF market valuation and performance through the first week of March and highlight recent market action. It was a tough week for CEFs due to declines in both Treasuries and stocks. CLO Equity CEFs have experienced significant pressure, with February NAVs estimated to show double-digit declines, driven by syndicated loan market weakness.

NEW YORK CITY, NY / ACCESS Newswire / March 10, 2026 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of March 2026 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: March 20, 2026 Record Date: March 20, 2026 Payable Date: March 31, 2026 Per Share Amount: $0.1125 Based on the Fund's current share price of $12.23 (as of its close on March 9, 2026), the distribution represents an annualized distribution rate of approximately 11.04% (calculated by annualizing the distribution amount and dividing it by the current price).

NEW YORK, NY / ACCESS Newswire / February 25, 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 January 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 offers a 10.17% yield and outperformed most comparable debt index funds and peers over five and ten years. ARDC's high floating-rate allocation faces headwinds as further Fed rate cuts are likely, threatening income sustainability and raising distribution cut risk. The fund trades at a 4.49% discount to NAV, slightly less attractive than its historical average and not a clear bargain relative to peers.

NEW YORK, NY / ACCESS Newswire / February 10, 2026 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of February 2026 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: February 20, 2026Record Date: February 20, 2026Payable Date: February 27, 2026Per Share Amount: $0.1125 Based on the Fund's current share price of $13.27 (as of its close on February 9, 2026), the distribution represents an annualized distribution rate of approximately 10.17% (calculated by annualizing the distribution amount and dividing it by the current price).