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.
This page contains historical news coverage for Ares Dynamic Credit Allocation Fund (ARDC), which operated as a closed-end fixed income fund investing in below-investment-grade debt instruments. The fund focused on senior loans, high-yield corporate bonds, and CLO securities before ceasing operations as a registered investment company. This archive provides context on the fund's history and the limited news coverage during its operational period.
As a closed-end credit fund, ARDC generated minimal public news compared to operating companies. The news archive primarily contains regulatory announcements related to fund management appointments and distribution notices. Investors researching this former fund can use this historical news record to understand the fund's governance structure and key events during its existence.
The absence of recent news filings aligns with evidence that the fund is no longer actively operating. This archive serves as a historical record for investors who may have held positions in ARDC or who are researching the closed-end fund industry during this period.
Ares Dynamic Credit Allocation Fund (NYSE:ARDC) has released its monthly portfolio composition and performance data as of January 31, 2025. The announcement was made by Ares Capital Management II on February 25, 2025.
Investors and interested parties can access the detailed fund information through the company's official website at www.arespublicfunds.com.
Ares Dynamic Credit Allocation Fund (NYSE:ARDC) has declared a monthly distribution of $0.1125 per common share for February 2025. The distribution will be payable on March 4, 2025, with an ex-date and record date of February 24, 2025.
Based on the Fund's current share price of $15.61 (as of February 11, 2025), this distribution represents an annualized distribution rate of approximately 8.65%. The Fund's Chairman, David A. Sachs, noted that the amended dividend aims to enhance future distribution stability, considering changes in spreads and market rates reduction.
The Fund emphasizes that distribution rates are estimates and may be derived from various sources, including undistributed net investment income, short-term capital gains, long-term capital gains, or return of capital. Final determinations for tax purposes will be made after the fiscal year end.
Ares Capital Management II has released the monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund (NYSE:ARDC) as of December 31, 2024. The information is now accessible through the company's public funds website at www.arespublicfunds.com. This regular monthly disclosure provides investors with transparent access to the fund's latest portfolio metrics and performance indicators.
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.
Ares Capital Management II has released the monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund (NYSE: ARDC) as of November 30, 2024. The information is now accessible through the company's public funds website at www.arespublicfunds.com. This regular monthly disclosure provides investors with updated insights into the fund's portfolio composition and performance metrics.
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.
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