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

Rhea-AI Summary

Ares Capital Management II has released the latest data for the Ares Dynamic Credit Allocation Fund (NYSE: ARDC) as of May 31, 2024. The update includes comprehensive details about the fund's composition and performance.

Interested parties can access this information via the Ares public funds website at www.arespublicfunds.com. This monthly update aims to provide transparency and current insights into the fund's strategies and holdings, helping investors make informed decisions.

Positive

• Monthly fund composition and performance data for ARDC is now available, enhancing transparency for investors.
• The data provides updated insights as of May 31, 2024, allowing for informed decision-making.

Negative

• The update is to data as of May 31, 2024, potentially lacking the most current market conditions.
• Investors must visit the Ares public funds website to access the detailed information, which may be a minor inconvenience.

NEW YORK, NY / ACCESSWIRE / June 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 May 31, 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.co
(877) 855-3434

SOURCE: Ares Capital Management II LLC

View the original press release on accesswire.com

FAQ

Where can I find the latest performance data for ARDC as of May 2024?

The latest performance data for Ares Dynamic Credit Allocation Fund (NYSE: ARDC) as of May 31, 2024, can be found on www.arespublicfunds.com.

What does the latest update about ARDC contain?

The latest update contains monthly fund composition and performance data for ARDC as of May 31, 2024.

When was the latest ARDC data released?

The latest data for Ares Dynamic Credit Allocation Fund (NYSE: ARDC) was released on June 25, 2024.

Why is the ARDC monthly data update important?

The monthly data update for ARDC is important as it provides transparency and helps investors make informed decisions based on the fund's latest composition and performance.