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NYSE:ARDC

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

$15.27
+0.05 (+0.33%)
(As of 09/6/2024 ET)
Today's Range
$15.12
$15.28
50-Day Range
$14.65
$15.42
52-Week Range
$11.83
$15.49
Volume
74,450 shs
Average Volume
102,824 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
9.23%
Price Target
N/A
ARDC stock logo

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

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..

ARDC Stock Price History

ARDC Stock News Headlines

ARDC: CEF With 9.2% Yield, But Expensive
What is Nvidia’s New $1 Trillion SuperProject?
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
ARDC: 12% Yield, Outperforming Monthly Payer
What is Nvidia’s New $1 Trillion SuperProject?
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
Ares Dynamic Credit Allocation Fund Inc (ARDC)
Ares Dynamic Credit Allocation Fund, Inc. (ARDC)
See More Headlines
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Company Calendar

Ex-Dividend for 7/31 Dividend
7/22/2024
Dividend Payable
7/31/2024
Ex-Dividend for 8/30 Dividend
8/20/2024
Dividend Payable
8/30/2024
Today
9/07/2024

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
$59.70 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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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 stock has 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 Foundations Investment Advisors LLC, Hennion & Walsh Asset Management Inc., Capital Investment Advisors LLC and Secure Asset Management LLC. Insiders that own company stock include John Joseph Shaw, Bruce H Spector and Life Assurance Co Of Canad Sun.
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.
Compare Top Brokerages Here.

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 Bank of Hawaii (BOH), InterDigital (IDCC), STAG Industrial (STAG), AbbVie (ABBV), Ares Capital (ARCC), Energy Transfer (ET) and KKR Income Opportunities Fund (KIO).

This page (NYSE:ARDC) was last updated on 9/7/2024 by MarketBeat.com Staff

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