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NYSE:ARDC

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

Ares Dynamic Credit Allocation Fund logo
$15.28 +0.01 (+0.07%)
(As of 12:45 PM ET)

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

Key Stats

Today's Range
$15.24
$15.33
50-Day Range
$14.88
$15.38
52-Week Range
$12.58
$15.49
Volume
56,508 shs
Average Volume
96,917 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
9.23%
Price Target
N/A
Consensus Rating
N/A

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..

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ARDC Stock News Headlines

ARDC: CEF With 9.2% Yield, But Expensive
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ARDC: 12% Yield, Outperforming Monthly Payer
See More Headlines

ARDC Stock Analysis - Frequently Asked Questions

Ares Dynamic Credit Allocation Fund's stock was trading at $13.75 on January 1st, 2024. Since then, ARDC stock has increased by 11.1% and is now trading at $15.28.
View the best growth stocks for 2024 here
.

Top institutional shareholders of Ares Dynamic Credit Allocation Fund 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
.

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.
Compare Top Brokerages Here.

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

Industry
Asset Management
Sub-Industry
Financial Services
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$56.16 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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This page (NYSE:ARDC) was last updated on 11/21/2024 by MarketBeat.com Staff
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