NYSE : ARDC

Ares Dynamic Credit Allocation Fund, Inc.

$12.48 USD

-$0.1 (-0.79%)

Volume
263.05K
Average Volume
118.96K
Market Capitalization
$299.1M
P/E Ratio
13.28
Dividend Yield
10.82%
Price Target
Year High
$15.03
Year Low
$11.60
Day High
—
Day Low
—
Payout Ratio
$1.43
Current Ratio
$1.55
Company Overview

NYSE

Seth J. Brufsky

Asset Management

Financial Services

ARDC

N/A

US

USD

https://www.arespublicfunds.com/funds/ardc/overview

310-201-4100

04014F102

0001515324

Liquidity Metrics

0.65

1.55

1.55

0.45

1.43

Sales & Valuation

$45.37M

6.59

0.87

13.88

0.90

Profitability

$0.93

$22.38M

49.32%

50.91%

6.47%

3.83%

P/E Metrics

13.28

0.13

0.13

Analyst Price Target & Rating

Neutral

3/5

0 Analysts

%

Poll Results

About Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) Stock

Ares Dynamic Credit Allocation Fund, Inc. operates as a closed-end mutual fund dedicated to fixed-income investments, initially launched by Ares Management LLC. Its investment management responsibilities are handled by Ares Capital Management II LLC. The fund strategically deploys capital across European fixed-income markets. Its holdings primarily consist of diverse debt instruments, including senior loans predominantly issued to companies with sub-investment grade credit ratings, high-yield corporate bonds also rated below investment grade, debt securities originating from Collateralized Loan Obligations (CLOs), and other various fixed-income products. The creation of its portfolio is driven by an in-depth evaluation of the global macroeconomic landscape, prevailing financial market dyna ... mics, and specific company research and analysis. This fund was established on November 27, 2012, and is headquartered in the United States.

ARES DYNAMIC CREDIT ALLOCATION FUND DECLARES A MONTHLY DISTRIBUTION OF $0.1125 PER SHARE

2026-07-10 16:15:00

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).

ARDC: Valuation Has Fallen Back To Earth But With Elevated Risks

2026-06-29 03:40:07

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.

MONTH-END PORTFOLIO DATA NOW AVAILABLE FOR ARES DYNAMIC CREDIT ALLOCATION FUND, INC.

2026-06-25 16:15:00

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.

ARES DYNAMIC CREDIT ALLOCATION FUND DECLARES A MONTHLY DISTRIBUTION OF $0.1125 PER SHARE

2026-06-11 16:15:00

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).

Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.

2026-05-21 16:15:00

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.

Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1125 Per Share

2026-05-11 16:15:00

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).

Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.

2026-04-24 16:15:00

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.

ARDC: Buy This High-Yield Dynamic Credit Fund Before The Sale Ends

2026-04-20 07:34:43

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.

Frequently Asked Questions

What is the current Ares Dynamic Credit Allocation Fund, Inc. (ARDC) stock price?

Ares Dynamic Credit Allocation Fund, Inc.(NYSE:ARDC) stock price is $12.48 in the last trading session. During the trading session, ARDC stock reached the peak price of $15.03 while $11.6 was the lowest point it dropped to. The percentage change in ARDC stock occurred in the recent session was --0.79% while the dollar amount for the price change in ARDC stock was -$0.1.

ARDC's industry and sector of operation?

The NYSE listed ARDC is part of Asset Management industry that operates in the broader Financial Services sector.

Who are the executives of ARDC?

Ian Fitzgerald | General Counsel & Corporate Secretary
Seth J. Brufsky | Chief Executive Officer, President, Portfolio Manager and Director
Lisa A. Morgan | Chief Compliance Officer & Anti-Money Laundering Officer
Scott C. Lem | Chief Financial Officer, Principal Accounting Officer & Treasurer
Samantha Milner | Vice President & Portfolio Manager

How many employees does ARDC have?

Number of ARDC employees currently stands at None. ARDC operates from 2000 Avenue Of The Stars, 12th Floor, Los Angeles, CA 90067, US.

Link for ARDC official website?

Official Website of ARDC is: https://www.arespublicfunds.com/funds/ardc/overview

How do I contact ARDC?

ARDC could be contacted at phone #310-201-4100 and can also be accessed through its website. ARDC operates from 2000 Avenue Of The Stars, 12th Floor, Los Angeles, CA 90067, US.

How many shares of ARDC are traded daily?

The average number of ARDC shares traded daily for last 3 months was 118.96K.

What is the market cap of ARDC currently?

The market value of ARDC currently stands at $299.1M with its latest stock price at $12.48