Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1125 Per Share

Rhea-AI Summary

Ares Dynamic Credit Allocation Fund (NYSE:ARDC) declared a monthly distribution for May 2026 of $0.1125 per common share, with ex-dividend and record date on May 21, 2026 and payment on May 29, 2026.

At a $12.88 share price (May 8, 2026 close), this equals an annualized distribution rate of about 10.48%, which is not guaranteed and may change. Future distributions remain at the board’s discretion, and final tax character will be determined after fiscal year end.

AI-generated analysis. Not financial advice.

Positive

• Monthly distribution declared of $0.1125 per share for May 2026
• Implied annualized distribution rate ~10.48% at $12.88 share price
• Clear distribution timeline: ex/record date May 21, payable May 29, 2026

Negative

• Future distributions not guaranteed and remain at fund’s discretion
• Distributions may include return of capital or capital gains, not only income
• Reported distribution sources are estimates and may change for tax purposes
• Possible adjusting December distribution to meet tax code requirements

NEW YORK, NY / ACCESS Newswire / May 11, 2026 / Ares Dynamic Credit Allocation Fund, Inc. ("ARDC" or the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of May 2026 of $0.1125 per common share, payable as noted below.

The following dates apply to the declared distribution:

Ex-Date: May 21, 2026
Record Date: May 21, 2026
Payable Date: May 29, 2026
Per Share Amount: $0.1125

Based on the Fund's current share price of $12.88 (as of its close on May 8, 2026), the distribution represents an annualized distribution rate of approximately 10.48% (calculated by annualizing the distribution amount and dividing it by the current price). Information regarding the distribution rate is included for informational purposes only and is not necessarily indicative of future results, the achievement of which cannot be assured. The distribution rate should not be considered the yield or total return on an investment in the Fund.

The timing and amount of future distributions, if any, are at the discretion of the Fund. As required by Section 19(a) of the Investment Company Act of 1940, a notice will be distributed to the Fund's stockholders in the event that a portion of a monthly distribution is derived from sources other than undistributed net investment income, such as from short-term capital gain, long-term capital gain, or return of capital. Such notices will also be posted on the Fund's website at www.arespublicfunds.com.

The amounts and sources of distributions reported are only estimates and are not provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment performance during the remainder of its fiscal year and may be subject to change based on tax regulations. The final determination of the source of these distributions will be made after the Fund's fiscal year end. If necessary, the Fund may elect to pay an adjusting distribution in December that includes any additional income and net realized capital gains in excess of the monthly distributions for that year to satisfy the minimum distribution requirements of the Internal Revenue Code. In January or February of each year, investors will be sent a Form 1099‑DIV for the previous calendar year that will define how to report these distributions for federal income tax purposes.

This press release is not intended to, and does not constitute, an offer to purchase or sell shares of ARDC.

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. ARDC seeks to provide an attractive level of total return primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed portfolio of credit investments. There can be no assurance that ARDC will achieve its investment objective. ARDC's net asset value may be accessed through its NASDAQ ticker symbol, XADCX. Additional information is available at www.arespublicfunds.com.

Forward-Looking Statements

Statements included herein may constitute "forward-looking statements" within the meaning of the U.S. securities laws, and may relate to future events or our future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and others beyond the Fund's control. Ares Dynamic Credit Allocation Fund undertakes no duty to update any forward-looking statements made herein.

This document is not an offer to sell securities and is not soliciting an offer to buy securities in any jurisdiction where the offer or sale is not permitted. An investor should consider the Fund's investment objective, risks, charges and expenses carefully before investing.

Ares Dynamic Credit Allocation Fund is a closed-end fund, which does not engage in a continuous offering of its shares. Since its initial public offering, the Fund has traded on the New York Stock Exchange under the symbol ARDC. Investors wishing to purchase or sell shares may do so by placing orders through a broker dealer or other intermediary.

Contact

Ares Dynamic Credit Allocation Fund, Inc.
John Stilmar
jstilmar@aresmgmt.com
(888) 818-5298

or

Destra Capital Advisors LLC
ARDC@destracapital.com
(877) 855-3434

SOURCE: Ares Dynamic Credit Allocation Fund

View the original press release on ACCESS Newswire

FAQ

What monthly distribution did Ares Dynamic Credit Allocation Fund (NYSE:ARDC) declare for May 2026?

ARDC declared a monthly distribution of $0.1125 per common share for May 2026. According to the fund, shareholders of record on May 21, 2026 will receive the payment on May 29, 2026, subject to standard ex-dividend procedures.

What is the annualized distribution rate for ARDC based on the May 2026 payout?

Based on a share price of $12.88, ARDC’s May 2026 distribution implies an annualized rate of about 10.48%. According to the fund, this percentage is for informational purposes only and does not represent a guaranteed yield or total return.

When are the ex-dividend, record, and payment dates for ARDC’s May 2026 distribution?

For ARDC’s May 2026 distribution, the ex-dividend date and record date are May 21, 2026, with a payable date of May 29, 2026. According to the fund, holders of record on the record date will be eligible for the distribution.

Are ARDC’s future monthly distributions guaranteed after May 2026?

ARDC’s future distributions are not guaranteed; timing and amounts remain at the fund’s discretion. According to the fund, distributions can change based on investment performance, regulatory requirements, and other factors affecting its income and realized capital gains.

Can ARDC’s May 2026 distribution include return of capital or capital gains?

Yes, ARDC’s distribution can include net investment income, capital gains, or return of capital. According to the fund, Section 19(a) notices will detail when portions come from short-term gains, long-term gains, or capital return, and these notices will be posted on its website.

How will ARDC investors know the final tax character of the 2026 distributions?

Investors will receive a Form 1099-DIV in January or February detailing the final tax character. According to the fund, amounts and sources during the year are estimates, with final determination made after its fiscal year-end based on actual performance and tax rules.