Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.
01/24/2023 - 04:15 PM
NEW YORK --(BUSINESS WIRE)--
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 December 31, 2022 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. 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 .
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 investment objective, risks, charges and expenses of ARDC carefully before investing.
ARDC is a closed-end fund, which does not engage in continuous offerings of its shares. Since its initial public offering, ARDC 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.
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Ares Dynamic Credit Allocation Fund, Inc.
Carl Drake
cdrake@aresmgmt.com
John Stilmar
jstilmar@aresmgmt.com
Destra Capital Advisors LLC
ARDC@destracapital.com
Source: Ares Dynamic Credit Fund Allocation, Inc.
Ares Dynamic Credit Allocation Fund Inc
ARDC Rankings
#1837 Ranked by Stock Gains
ARDC Stock Data
Industry
Securities and Commodity Exchanges
Sector
Finance and Insurance
Tags
Miscellaneous, Investment Trusts/Mutual Funds
Country
US
City
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.
