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

Rhea-AI Summary

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

The announcement, made on September 24, 2024, in New York, NY, provides stakeholders with up-to-date insights into the fund's portfolio structure and recent performance. This regular disclosure aligns with the fund's commitment to transparency and helps investors make informed decisions based on the latest available data.

Investors and analysts can now review the fund's composition and assess its performance for the month ending August 31, 2024, by visiting the provided website. This information is important for understanding the fund's current position and recent market behavior.

NEW YORK, NY / ACCESSWIRE / September 24, 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 August 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 September 24, 2024?

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

Where can investors find the August 31, 2024 portfolio data for ARDC?

Investors can find the August 31, 2024 portfolio data for ARDC on the official website www.arespublicfunds.com.

What is the stock symbol for Ares Dynamic Credit Allocation Fund?

The stock symbol for Ares Dynamic Credit Allocation Fund is ARDC, and it is listed on the New York Stock Exchange (NYSE).

When was the latest portfolio data for ARDC made available?

The latest portfolio data for ARDC, covering the period up to August 31, 2024, was made available on September 24, 2024.