Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.

Rhea-AI Summary

Ares Capital Management II has released monthly fund composition and performance data for the Ares Dynamic Credit Allocation Fund (NYSE:ARDC) as of July 31, 2024. This information is now accessible to investors and interested parties through the official website www.arespublicfunds.com.

The announcement, made on August 26, 2024, provides stakeholders with up-to-date insights into the fund's portfolio structure and recent performance. This regular disclosure aligns with ARDC's commitment to transparency and helps investors make informed decisions based on the latest available data.

Investors can use this information to assess the fund's current positioning, track its performance over time, and compare it with other investment options in the dynamic credit allocation space.

NEW YORK, NY / ACCESSWIRE / August 26, 2024 / 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 July 31, 2024 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.

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 accesswire.com

FAQ

What information did Ares Capital Management II release for ARDC on August 26, 2024?

Ares Capital Management II released monthly fund composition and performance data for the Ares Dynamic Credit Allocation Fund (NYSE:ARDC) as of July 31, 2024.

Where can investors find the latest portfolio data for ARDC?

Investors can access the latest portfolio data for ARDC through the official website www.arespublicfunds.com.

What is the reporting period for the latest ARDC fund data?

The latest fund data for ARDC covers the period up to July 31, 2024.

How often does ARDC release its portfolio and performance data?

Based on the press release, ARDC appears to release its portfolio and performance data on a monthly basis.

What type of information is included in ARDC's monthly data release?

The monthly data release for ARDC includes fund composition and performance data, providing insights into the fund's portfolio structure and recent performance.