STOCK TITAN

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

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Ares Capital Management II announced that the monthly portfolio data for Ares Dynamic Credit Allocation Fund (NYSE:ARDC) as of April 30, 2024, is now accessible on their public funds website. This release provides detailed information on the fund's composition and performance.

Positive
  • Monthly portfolio data for ARDC is now available, enhancing transparency.
  • The data includes fund composition and performance metrics, aiding investors in decision-making.
Negative
  • The announcement does not provide specific financial figures or performance metrics, leaving investors without concrete data.

NEW YORK, NY / ACCESSWIRE / May 24, 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 April 30, 2024 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 information is available for ARDC as of April 30, 2024?

The monthly portfolio data, including fund composition and performance, is available on the Ares public funds website.

Where can I find the monthly data for ARDC?

The data is accessible at www.arespublicfunds.com.

What is the stock symbol for Ares Dynamic Credit Allocation Fund?

The stock symbol is NYSE:ARDC.

When was the latest ARDC data released?

The latest data was released on May 24, 2024, and covers the period ending April 30, 2024.

ARES DYNAMIC CREDIT ALLOCATION FUND, INC.

NYSE:ARDC

ARDC Rankings

ARDC Latest News

ARDC Stock Data

337.42M
22.92M
32.92%
0.1%
Asset Management
Financial Services
Link
United States of America
Los Angeles