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Ticker Symbol: ARDC

Ares Dynamic Credit Allocation Fund Inc

$16.28 - 04-12-2024 4 p.m. ET

Exchange: NEW YORK STOCK EXCHANGE INC. Country: US Currency: USD Asset Type: Common Stock CIK:0001515324

Company Profile

ares dynamic credit allocation fund, inc. is a closed-ended fixed income mutual fund launched by ares management llc. the fund is managed by ares capital management ii llc. it invests in the fixed income markets of europe. 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, 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.

Sector: Finance and Insurance
Industry: Securities and Commodity Exchanges
Standard Industrial Classification Code (SIC code): 0
Address: 2000 Avenue of the Stars Fl 12
CEO: Seth Brufsky
Tags:
  • Miscellaneous
  • Investment Trusts/Mutual Funds

Pricing

Last Updated: October 20, 2023 03:00 PM EST
Previous Close: $12.06
Change: -$0.05 ( -0.41%)
Days Range: $12.03 - $12.12
Beta: 0.38
52wk. High: $12.83
52wk. Low: $10.18
Ytd. Change 13.61%
50 Day Moving Average: $12.55
200 Day Moving Average: $11.94
Shares Outstanding: 22914939

Valuation

Market Cap: 27.6B
PE Ratio: -
EPS (TTM): 0

Dividends

Dividend Per Share (TTM): $1.26
Dividend Yield (TTM): 10.42%
Ex-Dividend Date: October 19, 2023