Here are the 424B prospectus supplements from Ares Dynamic Credit Allocation Fund, Inc. (ARDC) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow ARDC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ARDC filings page.
Ares Dynamic Credit Allocation Fund, Inc. entered an agreement to sell mandatory redeemable preferred shares in two exempt private closings. The Fund agreed to issue 800,000 Series D and 1,200,000 Series E mandatory redeemable preferred shares, each with a $25.00 liquidation preference. The first closing for the Series D is currently expected on July 14, 2026 and the second closing for the Series E is currently expected on September 14, 2026, each subject to the satisfaction of customary closing conditions. Total gross proceeds to the Fund from these sales are anticipated to be $50 million. This Supplement amends and supplements the Fund's Prospectus and Statement of Additional Information dated August 26, 2024.
Ares Dynamic Credit Allocation Fund, Inc. updated its management structure for the fund’s portfolio team. Effective January 1, 2026, Kristofer Pritchett has been appointed as a Vice President and Portfolio Manager of the fund, while Keith Ashton has retired from his role as Portfolio Manager but will remain a Vice President.
The supplement adds background on Kristofer Pritchett, noting his role as a Partner and Portfolio Manager in the Ares Credit Group, his focus on alternative credit including asset-based finance investments, his membership on the Ares Credit Group’s Alternative Credit Investment Committee, and his prior experience at Indicus Advisors. As of September 30, 2025, he managed registered investment companies, other pooled investment vehicles and other accounts with total assets in the billions of dollars and had no beneficial ownership of the fund’s shares.