Ares Dynamic Credit Allocation Fund Declares A Monthly Distribution of $0.1175 per Share
Ares Dynamic Credit Allocation Fund (NYSE:ARDC) has declared its monthly distribution of $0.1175 per common share for January 2025. The distribution will be payable on January 31, 2025, with an ex-date and record date of January 21, 2025.
Based on the Fund's current share price of $15.25 (as of January 9, 2025), this distribution represents an annualized distribution rate of approximately 9.25%. The Fund notes that this rate is provided for informational purposes only and should not be considered as the yield or total return on investment.
Future distributions will be determined at the Fund's discretion. The Fund will provide notices to stockholders if any portion of monthly distributions comes from sources other than undistributed net investment income. Final tax reporting details will be determined after the fiscal year end and communicated via Form 1099 DIV.
Il Fondo di Allocazione Dinamica del Credito Ares (NYSE:ARDC) ha dichiarato la sua distribuzione mensile di $0.1175 per azione comune per gennaio 2025. La distribuzione sarà pagabile il 31 gennaio 2025, con una data ex e una data di registrazione del 21 gennaio 2025.
Sulla base dell'attuale prezzo delle azioni del Fondo di $15.25 (al 9 gennaio 2025), questa distribuzione rappresenta un tasso di distribuzione annualizzato di circa il 9.25%. Il Fondo fa notare che questo tasso è fornito solo a scopo informativo e non deve essere considerato come rendimento o ritorno totale sull'investimento.
Le future distribuzioni saranno determinate a discrezione del Fondo. Il Fondo fornirà avvisi agli azionisti se una parte delle distribuzioni mensili proviene da fonti diverse dal reddito da investimento netto non distribuito. I dettagli finali della reportistica fiscale saranno stabiliti dopo la conclusione dell'anno fiscale e comunicati tramite il Modulo 1099 DIV.
El Fondo de Asignación de Crédito Dinámico Ares (NYSE:ARDC) ha declarado su distribución mensual de $0.1175 por acción común para enero de 2025. La distribución se pagará el 31 de enero de 2025, con una fecha ex y una fecha de registro del 21 de enero de 2025.
Con base en el precio actual de las acciones del Fondo de $15.25 (a partir del 9 de enero de 2025), esta distribución representa un tasa de distribución anualizada de aproximadamente el 9.25%. El Fondo señala que esta tasa se proporciona únicamente con fines informativos y no debe considerarse como rendimiento o retorno total de la inversión.
Las futuras distribuciones se determinarán a discreción del Fondo. El Fondo proporcionará avisos a los accionistas si alguna parte de las distribuciones mensuales proviene de fuentes distintas a los ingresos netos de inversión no distribuidos. Los detalles finales de la presentación de impuestos se determinarán después del cierre del año fiscal y se comunicarán a través del Formulario 1099 DIV.
아레스 다이내믹 크레딧 배분 펀드 (NYSE:ARDC)가 2025년 1월에 대한 주당 $0.1175의 월 배당금을 선언했습니다. 이 배당금은 2025년 1월 31일에 지급되며, 이 ex-date와 기록일자는 2025년 1월 21일입니다.
2025년 1월 9일 기준으로 펀드의 현재 주가 $15.25를 바탕으로, 이 배당금은 약 9.25%의 연간 배당률을 나타냅니다. 펀드는 이 비율이 정보 제공을 위한 것이며, 투자 수익률 또는 총수익으로 간주되어서는 안 된다고 설명했습니다.
미래의 배당금은 펀드의 재량에 따라 결정됩니다. 펀드는 월간 배당금의 일부가 분배되지 않은 순 투자 소득 이외의 출처에서 발생하는 경우 주주에게 통지할 것입니다. 최종 세금 보고 세부 사항은 회계 연도가 끝난 후 결정되며 양식 1099 DIV를 통해 전달됩니다.
Le Fonds d'Allocation de Crédit Dynamique Ares (NYSE:ARDC) a déclaré sa distribution mensuelle de $0.1175 par action ordinaire pour janvier 2025. La distribution sera payable le 31 janvier 2025, avec une date ex et une date d'enregistrement du 21 janvier 2025.
Sur la base du prix actuel de l'action du Fonds de $15.25 (au 9 janvier 2025), cette distribution représente un taux de distribution annualisé d'environ 9.25%. Le Fonds précise que ce taux est fourni à des fins d'information uniquement et ne doit pas être considéré comme un rendement ou un retour total sur investissement.
Les distributions futures seront déterminées à la discrétion du Fonds. Le Fonds informera les actionnaires si une partie des distributions mensuelles provient de sources autres que des revenus d'investissement nets non distribués. Les détails finaux des rapports fiscaux seront établis après la clôture de l'exercice et communiqués via le Formulaire 1099 DIV.
Der Ares Dynamic Credit Allocation Fund (NYSE:ARDC) hat seine monatliche Ausschüttung von $0.1175 pro Stammaktie für Januar 2025 bekannt gegeben. Die Ausschüttung wird am 31. Januar 2025 fällig, mit einem Ex-Tag und einem Stichtag am 21. Januar 2025.
Basierend auf dem aktuellen Aktienkurs des Fonds von $15.25 (Stand 9. Januar 2025) stellt diese Ausschüttung eine annualisierte Ausschüttungsquote von etwa 9.25% dar. Der Fonds weist darauf hin, dass diese Quote nur zu Informationszwecken bereitgestellt wird und nicht als Rendite oder Gesamtrendite aus einer Investition angesehen werden sollte.
Zukünftige Ausschüttungen werden nach Ermessen des Fonds festgelegt. Der Fonds wird den Aktionären Benachrichtigungen zukommen lassen, falls ein Teil der monatlichen Ausschüttungen aus anderen Quellen als nicht ausgeschütteten Nettoinvestitionseinkommen stammt. Die endgültigen Steuerberichterstattungsdetails werden nach Ende des Geschäftsjahres festgelegt und über das Formular 1099 DIV kommuniziert.
- Monthly distribution maintained at $0.1175 per share
- High annualized distribution rate of 9.25% based on current share price
- None.
Insights
The monthly distribution announcement from Ares Dynamic Credit Allocation Fund reveals a consistent
The distribution strategy demonstrates the fund's commitment to providing regular income streams to investors, though it's important to note that the announcement includes standard regulatory disclaimers about the potential sources of these distributions. The fund's ability to maintain this distribution level will depend on its underlying portfolio performance and market conditions. The January 2025 distribution maintains the same rate as previous periods, suggesting stability in the fund's income-generating capabilities.
The ex-date and record date alignment on January 21, 2025, followed by the payment date on January 31, 2025, follows standard market practice for efficient distribution processing. This structured approach to distributions, combined with the relatively high yield, makes ARDC a noteworthy consideration for income-focused investors in the current market landscape.
NEW YORK, NY / ACCESSWIRE / January 10, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of January 2025 of
The following dates apply to the declared distribution:
Ex-Date: January 21, 2025
Record Date: January 21, 2025
Payable Date: January 31, 2025
Per Share Amount:
Based on the Fund's current share price of
The timing and amount of future distributions, if any, are at the discretion of the Fund. As required by Section 19(a) of the Investment Company Act of 1940, a notice will be distributed to the Fund's stockholders in the event that a portion of a monthly distribution is derived from sources other than undistributed net investment income, such as from short-term capital gain, long-term capital gain, or return of capital. Such notices will also be posted on the Fund's website at www.arespublicfunds.com.
The amounts and sources of distributions reported are only estimates and are not provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment performance during the remainder of its fiscal year and may be subject to change based on tax regulations. The final determination of the source of these distributions will be made after the Fund's fiscal year end. If necessary, the Fund may elect to pay an adjusting distribution in December that includes any additional income and net realized capital gains in excess of the monthly distributions for that year to satisfy the minimum distribution requirements of the Internal Revenue Code. In January or February of each year, investors will be sent a Form 1099 DIV for the previous calendar year that will define how to report these distributions for federal income tax purposes.
This press release is not intended to, and does not constitute, an offer to purchase or sell shares of ARDC.
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.
Forward-Looking Statements
Statements included herein may constitute "forward-looking statements" within the meaning of the U.S. securities laws, and may relate to future events or our future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and others beyond the Fund's control. Ares Dynamic Credit Allocation Fund undertakes no duty to update any forward-looking statements made herein.
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 Fund's investment objective, risks, charges and expenses carefully before investing.
Ares Dynamic Credit Allocation Fund is a closed-end fund, which does not engage in a continuous offering of its shares. Since its initial public offering, the Fund 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
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