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

Rhea-AI Summary

Ares Capital Management II LLC has released the monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (ARDC) as of December 31, 2023, which can be accessed on their website.

NEW YORK, NY / ACCESSWIRE / January 25, 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 December 31, 2023 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
(678) 538-1983

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 is the latest announcement from Ares Capital Management II LLC regarding ARDC?

Ares Capital Management II LLC has released the monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (ARDC) as of December 31, 2023.

Where can I find the monthly fund composition and performance data for ARDC?

The data is available on www.arespublicfunds.com.

What is the ticker symbol for Ares Dynamic Credit Allocation Fund, Inc.?

The ticker symbol is ARDC.

When was the fund composition and performance data released?

The data was released on January 25, 2024.

What is the significance of the fund composition and performance data release?

The release provides insights into the fund's performance and composition as of December 31, 2023.