ARDC
Ares Dynamic Credit Allocation Fund, Inc.
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About ARDC
Ares Dynamic Credit Allocation Fund, Inc. (the Fund) is a closed-end, diversified, management investment company. The Fund's investment objective is to seek an attractive risk-adjusted level of total return, primarily through current income and, secondarily, through capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in a portfolio of senior secured loans made primarily to companies whose debt is rated below investment grade, corporate bonds that are primarily high yield issues rated below investment grade, other fixed-income instruments of a similar nature that may be represented by derivatives, and securities issued by entities commonly referred to as collateralized loan obligations (CLOs) and other asset-backed securities. The Fund's investments in CLOs may include investments in subordinated tranches of CLO securities. The Fund is externally managed by Ares Capital Management II LLC.
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10.17%
31.15K
$12.86
$12.81
$12.83
$13.00
$11.16
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