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Ares Dynamic Credit Allocation Fund Inc - ARDC STOCK NEWS

Welcome to our dedicated news page for Ares Dynamic Credit Allocation Fund (Ticker: ARDC), a resource for investors and traders seeking the latest updates and insights on Ares Dynamic Credit Allocation Fund.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ares Dynamic Credit Allocation Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ares Dynamic Credit Allocation Fund's position in the market.

Rhea-AI Summary
Ares Dynamic Credit Allocation Fund, Inc. (NYSE: ARDC) declared a distribution of $0.1175 per common share for April 2024. With a current share price of $14.08, this represents an annualized distribution rate of approximately 10.01%. Future distributions are discretionary, and investors will receive tax reporting information at year-end.
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End-of-Day
-0.07%
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Rhea-AI Summary
Ares Capital Management II releases monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (ARDC) as of February 29, 2024.
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End-of-Day
0.43%
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Rhea-AI Summary
Ares Dynamic Credit Allocation Fund, Inc. (ARDC) declared a distribution of $0.1175 per common share for March 2024, with an annualized distribution rate of approximately 10.09%. The distribution dates are Ex-Date: March 20, 2024, Record Date: March 21, 2024, and Payable Date: March 28, 2024. The Fund's future distributions are discretionary, and tax implications will depend on investment performance.
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End-of-Day
0.71%
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Rhea-AI Summary
Ares Capital Management II LLC releases monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (ARDC) as of January 31, 2024.
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-0.51%
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Rhea-AI Summary
Ares Dynamic Credit Allocation Fund, Inc. (ARDC) declared a distribution of $0.1175 per common share for February 2024, with an annualized distribution rate of around 10.28%. The distribution dates are Ex-Date: February 20, Record Date: February 21, and Payable Date: February 29. Future distributions, if any, are subject to the Fund's discretion.
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Rhea-AI Summary
Ares Capital Management II LLC has released the monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (ARDC) as of December 31, 2023, which can be accessed on their website.
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Rhea-AI Summary
Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) declared a distribution for January 2024 of $0.1175 per common share, representing an annualized distribution rate of approximately 10.43%. The Fund's current share price is $13.52 as of January 10, 2024. The timing and amount of future distributions are at the discretion of the Fund, and the distribution rate is not indicative of future results. The press release also highlights tax reporting details for the distributions.
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-0.22%
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Rhea-AI Summary
Ares Capital Management II LLC releases monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE: ARDC)
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Rhea-AI Sentiment
End-of-Day
-0.15%
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Rhea-AI Summary
Ares Dynamic Credit Allocation Fund, Inc. (ARDC) declared a distribution of $0.1175 per common share for December 2023, with an annualized distribution rate of approximately 10.89%. The distribution dates are as follows: Ex-Date: December 20, 2023, Record Date: December 21, 2023, Payable Date: December 29, 2023. The Fund's current share price is $12.95 as of December 8, 2023.
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Rhea-AI Sentiment
End-of-Day
0.15%
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Rhea-AI Summary
Ares Capital Management II LLC announces the availability of Ares Dynamic Credit Allocation Fund, Inc. (ARDC) monthly fund composition and performance data for October 31, 2023.
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End-of-Day
1.03%
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Ares Dynamic Credit Allocation Fund Inc

NYSE:ARDC

ARDC Rankings

ARDC Stock Data

316.45M
32.92%
0.1%
Securities and Commodity Exchanges
Finance and Insurance
Link
US
Los Angeles

About ARDC

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.