ARDC 15.27 Stock Price Ares Dynamic Credit Allocation Fund, Inc.
Range: | 12.68-15.49 | Vol Avg: | 84823 | Last Div: | 1.41 | Changes: | -0.01 |
Beta: | 0.71 | Cap: | 0.35B | Currency: | USD | Exchange: | NYSE |
Sector: | Financial Services | IPO: | Wed Nov 28 2012 | Empoloyees: | |
CUSIP: | 04014F102 | CIK: | 0001515324 | ISIN: | US04014F1021 | Country: | US |
CEO: | Mr. Seth J. Brufsky | Website: | https://www.arespublicfunds.com |
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.
The content provided on this site is for informational purposes only and does not constitute financial, investment, or professional advice. We are not registered investment advisors or financial planners, and we do not provide recommendations or advice on buying, selling, or holding any particular stocks or securities. Any investment decisions should be made based on your own research and consultation with a qualified financial professional. We are not responsible for any financial loss or damages incurred from reliance on the information provided on this site. Please invest responsibly and seek professional advice when needed.