Ares Dynamic Credit Allocation Fund (ARDC) Stock Price, News & Analysis

Company Overview

Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It primarily invests in the U.S. securities and companies. The fund primarily invests in debt instruments such as senior loans made primarily to companies whose debt is rated below investment grade, corporate bonds that are primarily high yield issues rated below investment grade, equity securities of CLOs and debt securities issued by CLOs, and other fixed-income instruments. It focuses on such factors as the overall macroeconomic environment, financial markets, and company specific research and analysis, to create its portfolio. Ares Dynamic Credit Allocation Fund, Inc. was formed on November 27, 2012 and is domiciled in the United States..

Key Stats

• Today's Range: $15.15 to $15.33
• 50-Day Range: $14.88 to $15.38
• 52-Week Range: $12.52 to $15.49
• Volume: 116,664 shs
• Average Volume: 97,097 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 9.23%
• Price Target: N/A
• Consensus Rating: N/A

ARDC Stock Analysis - Frequently Asked Questions

How have ARDC shares performed this year?

Ares Dynamic Credit Allocation Fund's stock was trading at $13.75 at the beginning of 2024. Since then, ARDC shares have increased by 11.1% and is now trading at $15.27.
View the best growth stocks for 2024 here.

Who are Ares Dynamic Credit Allocation Fund's major shareholders?

Ares Dynamic Credit Allocation Fund's top institutional shareholders include Advisors Asset Management Inc., Foundations Investment Advisors LLC, United Advisor Group LLC and Hennion & Walsh Asset Management Inc.. Insiders that own company stock include John Joseph Shaw and Bruce H Spector.
View institutional ownership trends.

How do I buy shares of Ares Dynamic Credit Allocation Fund?

Shares of ARDC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Ares Dynamic Credit Allocation Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ares Dynamic Credit Allocation Fund investors own include Pimco Dynamic Income Opportunities Fund (PDO), Rithm Capital (RITM), DoubleLine Income Solutions Fund (DSL), AGNC Investment (AGNC), Energy Transfer (ET), Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) and Ares Capital (ARCC).

Company Calendar

• Ex-Dividend for 10/31 Dividend: 10/21/2024
• Dividend Payable: 10/31/2024
• Today: 11/21/2024
• Ex-Dividend for 11/29 Dividend: 11/21/2024
• Dividend Payable: 11/29/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Financial Services
• Current Symbol: NYSE:ARDC
• CUSIP: N/A
• CIK: 1515324
• Web: www.arespublicfunds.com
• Phone: (310) 201-4100
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $56.16 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A