Welcome to our dedicated page for ARES DYNAMIC CREDIT ALLOCATION FUND news (Ticker: ARDC), a resource for investors and traders seeking the latest updates and insights on ARES DYNAMIC CREDIT ALLOCATION FUND stock.
Ares Dynamic Credit Allocation Fund, Inc. (NYSE: ARDC) is a closed-ended fixed income mutual fund that was launched by Ares Management LLC and is managed by Ares Capital Management II LLC. Established on November 27, 2012, and domiciled in the United States, ARDC is a diversified management investment company focusing on providing investors with an attractive level of total return. This is primarily achieved through current income and, secondarily, through capital appreciation.
The fund invests in a broad, dynamically managed portfolio that includes senior secured loans, high yield corporate bonds, debt securities issued by collateralized loan obligations (CLOs), and other similar fixed-income instruments. By targeting companies whose debt is rated below investment grade, ARDC capitalizes on market opportunities that offer potential high yields.
ARDC's investment strategy considers various factors such as the overall macroeconomic environment, financial market conditions, and company-specific research and analysis. This comprehensive approach helps in creating a robust and diverse portfolio aimed at achieving optimal returns for its investors. The Fund's ability to adapt to changing market conditions by dynamically allocating its investments is a key component of its strategy.
Recently, ARDC announced the declaration of its monthly distribution for May 2024, with a per-share amount of $0.1175. Based on its current share price of $14.52, this distribution represents an annualized distribution rate of approximately 9.71%. The timing and amount of future distributions remain at the discretion of the Fund.
Investors can easily access ARDC's net asset value through its NASDAQ ticker symbol, XADCX. The Fund's forward-looking statements are subject to various risks and uncertainties, and actual results may vary significantly from those projected. ARDC is committed to providing detailed, transparent information to its shareholders, helping them make informed investment decisions.
For more details about Ares Dynamic Credit Allocation Fund, Inc., visit their official website at www.arespublicfunds.com.
Ares Dynamic Credit Allocation Fund (NYSE:ARDC) has declared a monthly distribution of $0.1175 per common share for December 2024. The distribution will be payable on December 31, 2024, with an ex-date and record date of December 20, 2024.
Based on the Fund's current share price of $15.29 (as of December 9, 2024), this distribution represents an annualized distribution rate of approximately 9.22%. The Fund notes that distribution rates are for informational purposes only and not indicative of future results.
Ares Capital Management II announced that the monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund (NYSE:ARDC) as of October 31, 2024 is now accessible. Investors can view the updated portfolio information through the company's public funds website at www.arespublicfunds.com.
Ares Dynamic Credit Allocation Fund (NYSE:ARDC) has declared a monthly distribution of $0.1175 per common share for November 2024. The distribution will be payable on November 29, 2024, with an ex-date and record date of November 21, 2024. Based on the Fund's current share price of $15.10 (as of November 8, 2024), this represents an annualized distribution rate of approximately 9.34%. The Fund notes that distribution amounts and sources may vary, and final tax reporting details will be determined after the fiscal year end.
Ares Capital Management II announced that the monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund (NYSE:ARDC) as of September 30, 2024 is now accessible through their public funds website. The data provides investors with updated portfolio information and performance metrics for the fund trading under the ticker ARDC on the New York Stock Exchange.
Ares Dynamic Credit Allocation Fund (NYSE:ARDC) has declared a monthly distribution of $0.1175 per common share for October 2024. The distribution details are as follows:
- Ex-Date: October 21, 2024
- Record Date: October 21, 2024
- Payable Date: October 31, 2024
Based on the Fund's current share price of $15.31 (as of October 10, 2024), this distribution represents an annualized distribution rate of approximately 9.21%. The Fund notes that this rate is for informational purposes only and not indicative of future results. The timing and amount of future distributions are at the discretion of the Fund. Stockholders will receive notices if any portion of the distribution is derived from sources other than undistributed net investment income.
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.
Ares Dynamic Credit Allocation Fund (NYSE:ARDC) has declared a monthly distribution of $0.1175 per share for September 2024. The distribution is payable on September 30, 2024, with an ex-date and record date of September 19, 2024. Based on the Fund's current share price of $15.40 (as of September 9, 2024), this distribution represents an annualized distribution rate of approximately 9.16%.
The Fund notes that the distribution rate is provided for informational purposes only and does not indicate future results or yield. The timing and amount of future distributions are at the Fund's discretion. As required by law, notices will be distributed to stockholders if any portion of the distribution comes from sources other than undistributed net investment income.
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.
Ares Dynamic Credit Allocation Fund (NYSE:ARDC) has declared a monthly distribution of $0.1175 per common share for August 2024. The distribution will be payable on August 30, 2024, with an ex-date and record date of August 20, 2024. Based on the Fund's current share price of $14.69 (as of August 8, 2024), this distribution represents an annualized distribution rate of approximately 9.60%. The Fund notes that this rate is for informational purposes only and not indicative of future results. The timing and amount of future distributions are at the discretion of the Fund. Stockholders will receive notices if any portion of the distribution comes from sources other than undistributed net investment income.
Ares Capital Management II has released the latest monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund (NYSE: ARDC) as of June 30, 2024. This information is now accessible to investors and interested parties through the official website www.arespublicfunds.com.
The announcement, made on July 25, 2024, provides stakeholders with up-to-date insights into the fund's portfolio structure and recent performance. This transparency allows investors to make informed decisions based on the most current data available for ARDC, a fund traded on the New York Stock Exchange.
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