Ares Dynamic Credit Allocation Fund (ARDC) Stock Price, News & Analysis
Company Description
Ares Dynamic Credit Allocation Fund, Inc. (NYSE: ARDC) is a closed-end, diversified management investment company focused on credit investments. The Fund seeks an attractive risk-adjusted level of total return, primarily through current income and secondarily through capital appreciation. Its shares trade on the New York Stock Exchange under the symbol ARDC, and its net asset value is identified through the Nasdaq ticker symbol XADCX.
The Fund invests in a broad, dynamically managed portfolio of credit assets. Its mandate includes senior secured loans, corporate bonds, other fixed-income instruments, securities issued by entities commonly referred to as collateralized loan obligations, and other asset-backed securities. The portfolio structure gives ARDC a fixed-income and structured-credit orientation rather than an operating-company model based on product sales or services revenue.
ARDC is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. The adviser manages the Fund's investment allocation and related fund operations within the closed-end fund structure. As a public fund vehicle, ARDC's corporate materials center on portfolio strategy, total-return objectives, capital structure, share trading, net asset value, and stockholder governance.
The Fund is organized as a Maryland corporation and overseen by a board of directors. Its public-company governance record includes board appointments, independent director roles, audit committee membership, annual meeting matters, and stockholder votes for director elections. These governance subjects are part of the Fund's ongoing structure as a listed closed-end management company.
Stock Performance
Ares Dynamic Credit Allocation Fund (ARDC) stock last traded at $12.54, up 0.16% from the previous close. Over the past 12 months, the stock has lost 12.3%, ranking #1,085 in 52-week price change. At a market capitalization of $299.6M, ARDC is classified as a micro-cap stock with approximately 24.0M shares outstanding.
ARDC Rankings
Latest News
Ares Dynamic Credit Allocation Fund has 10 recent news articles. Of the recent coverage, 3 articles coincided with positive price movement and 6 with negative movement. View all ARDC news →
SEC Filings
Ares Dynamic Credit Allocation Fund has filed 5 recent SEC filings, including 2 Form SCHEDULE 13G/A, 1 Form 4, 1 Form 424B3, 1 Form DEF 14A. The most recent filing was submitted on July 16, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all ARDC SEC filings →
Insider Radar
Insider buying activity at Ares Dynamic Credit Allocation Fund over the past 90 days may reflect management confidence in the company's direction. Institutional investors and analysts often monitor insider purchases as a potential bullish indicator for the stock.
Financial Highlights
Upcoming Events
Distribution Payable Date
Ares Dynamic Credit Allocation Fund has 1 upcoming scheduled event. The next event, "Distribution Payable Date", is scheduled for July 31, 2026 (in 8 days). 1 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the ARDC stock price.
Short Interest History
Short interest in Ares Dynamic Credit Allocation Fund (ARDC) currently stands at 146.6 thousand shares, up 92.8% from the previous reporting period, representing 0.6% of the shares outstanding. Over the past 12 months, short interest has increased by 255.6%.
Days to Cover History
Days to cover for Ares Dynamic Credit Allocation Fund (ARDC) currently stands at 1.5 days, up 49% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has increased 49% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.0 to 2.1 days.
ARDC Company Profile & Sector Positioning
Ares Dynamic Credit Allocation Fund (ARDC) operates in the Asset Management industry within the broader Financial Services sector and is listed on the NYSE. Among dividend-paying stocks, ARDC ranks #128 by dividend yield. In monthly performance, the stock ranks #2,190 among all tracked companies.
Investors comparing ARDC often look at related companies in the same sector, including abrdn Global Premier Property (AWP), Liberty All-Star Growth (ASG), Source Capital (SOR), DWS Municipal Income Trust (KTF), and Eagle Point Income Co Inc (EIC). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate ARDC's relative position within its industry.