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1D
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YTD
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ALL
AUM
$305456137
P/E ratio
--
Dividend yield
9.4708%
Expense ratio
3.69%
Beta
0.614482
Previous close
$13.38
Today's open
$13.43
Day's range
$13.28 - $13.43
52 week range
$11.52 - $15.62
Headquarters
US
Exchange
New York Stock Exchange
Issue type
Closed-End Fund
Bonds
Domestic
Ares Dynamic Credit Allocation Fund Declares A Monthly Distribution Of $0.1125 Per Share
NEW YORK, NY / ACCESS Newswire / December 11, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of December 2025 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: December 22, 2025Record Date: December 22, 2025Payable Date: December 31, 2025Per Share Amount: $0.1125 Based on the Fund's current share price of $13.45 (as of its close on December 10, 2025), the distribution represents an annualized distribution rate of approximately 10.04% (calculated by annualizing the distribution amount and dividing it by the current price).
Accesswire • Dec 11, 2025

ARDC: Exposing Investors To Floating-Rate Loans At The Wrong End Of The Credit Cycle
Ares Dynamic Credit Allocation Fund (ARDC) receives a Sell rating due to its heavy allocation to floating rate issuances amid an interest rate easing cycle. ARDC's portfolio is 61.8% floating rate debt, which may underperform as the Federal Reserve continues to cut rates, despite some risk mitigation from first lien loans. The fund offers a high 10.14% yield and stable distributions, but its high expense ratio and recent underperformance versus peers are notable concerns.
Seeking Alpha • Nov 25, 2025

Month-End Portfolio Data Now Available For Ares Dynamic Credit Allocation Fund, Inc.
NEW YORK, NY / ACCESS Newswire / November 24, 2025 / Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of October 31, 2025 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation Fund, Inc. Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation.
Accesswire • Nov 24, 2025

Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1125 Per Share
NEW YORK, NY / ACCESS Newswire / November 11, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of November 2025 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: November 21, 2025Record Date: November 21, 2025Payable Date: November 28, 2025Per Share Amount: $0.1125 Based on the Fund's current share price of $13.88 (as of its close on November 10, 2025), the distribution represents an annualized distribution rate of approximately 9.73% (calculated by annualizing the distribution amount and dividing it by the current price).
Accesswire • Nov 11, 2025

10 Best CEFs This Month: Average Yield Of 9% Plus (October 2025)
This month's top 10 closed-end funds offer an average yield of 9.25% and strong long-term performance across diverse asset classes. For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone.
Seeking Alpha • Oct 26, 2025

Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.
NEW YORK, NY / ACCESS Newswire / September 25, 2025 / Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of August 31, 2025 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation Fund, Inc. Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation.
Accesswire • Sep 25, 2025

ARDC: Trades At One Of The Highest Valuations In A Decade
I maintain a hold rating on ARDC due to its elevated premium to NAV and declining net investment income outlook. ARDC's strong 9.1% yield is appealing, but future dividend coverage is at risk as interest rates are expected to fall. The fund's aggressive leverage and high allocation to below-investment-grade securities amplify risk, especially in uncertain economic conditions.
Seeking Alpha • Sep 10, 2025

Inside The Income Factory: Credit Asset Investing With Steven Bavaria
Steven Bavaria, from Inside the Income Factory, discusses credit assets like high-yield bonds, senior loans, and BDCs for stable, high-yield income, favoring closed-end funds for their resilience and discounts. Expense ratios for BDC ETFs like PBDC appear high due to accounting rules, but actual fund expenses are low—professional management adds only about 0.4%.
Seeking Alpha • Aug 25, 2025

Hard Cash Vs. Hope: Which Is Better - Investing In Corporate Credit Or Equity?
When 401(k)s and IRAs replaced "defined benefit pensions" a few decades ago, we all suddenly became our own "pension managers." The investment and media industries quickly "taught" us all to focus our attention on stock prices and short-term gains and losses. That's what attracted viewers and kept them tuned in to CNBC and Bloomberg all day.
Seeking Alpha • Jul 8, 2025

ARDC: 9% Yield On Fixed Income
ARDC is part of the large Ares Credit Group, which has $36.59B in assets under management. It pays monthly, yielding 9.5% as of 6/27/25. It has a 2.5% discount.
Seeking Alpha • Jun 29, 2025

¹ Disclosures

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