Ares Dynamic Credit Allocation Fund, Inc. (ARDC)

US — Financial Services Sector
Peers:   CBH  EFT  NXG  GNT  CXH  EVF  FRA  CPZ  ETB  JPT  CHW  CGO  DTF  GGZ 

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Key Metrics & Ratings

  • symbol ARDC
  • Rev/Share 1.7993
  • Book/Share 14.7409
  • PB 0.9647
  • Debt/Equity 0.0
  • CurrentRatio 0.0
  • ROIC 0.0851

 

  • MktCap 339469794.0
  • FreeCF/Share 0.6705
  • PFCF 21.5045
  • PE 8.8143
  • Debt/Assets 0.0
  • DivYield 0.0974
  • ROE 0.111

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 4
  • DCF Score 1
  • P/B Score 3
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
No ratings available.

News

Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1125 per Share
ARDC
Published: February 12, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / February 12, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of February 2025 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: February 24, 2025Record Date: February 24, 2025Payable Date: March 4, 2025Per Share Amount: $0.1125 "Given the change in spreads and reduction in market rates, the management team and board believe the amended dividend enhances the future stability of distributions for the fund," said David A.

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image for news Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1125 per Share

About Ares Dynamic Credit Allocation Fund, Inc. (ARDC)

  • IPO Date 2012-11-28
  • Website https://www.arespublicfunds.com/funds/ardc/overview/
  • Industry Asset Management
  • CEO Mr. Seth J. Brufsky
  • Employees None
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.