Ares Dynamic Credit Allocation ARDC

$13.52 +0.10 (0.75%)

Valuation

Market cap
—
Revenue TTM
—
Net income TTM
—
P/E (trailing)
—
P/E (forward)
—
Profit margin
92.19%
Debt to equity
0.31

Trading

Volume
66,200
Avg volume
139,350
Day's range
$13.43 – $13.59
Shares out
—
Stochastic %K
22%
Beta
—
Analysts
—
Price target
—

Price

Company profile

Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It primarily invests in the U.S. securities and companies. The fund primarily invests in debt instruments such as senior loans made primarily to companies whose debt is rated below investment grade, corporate bonds that are primarily high yield issues ra...

Show more

Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It primarily invests in the U.S. securities and companies. The fund primarily invests in debt instruments such as senior loans made primarily to companies whose debt is rated below investment grade, corporate bonds that are primarily high yield issues rated below investment grade, equity securities of CLOs and debt securities issued by CLOs, and other fixed-income instruments. It focuses on such factors as the overall macroeconomic environment, financial markets, and company specific research and analysis, to create its portfolio. Ares Dynamic Credit Allocation Fund, Inc. was formed on November 27, 2012 and is domiciled in the United States..

Industry
Asset Management
Sector
Financial Services
Phone
310 201 4100
Website
https://www.arespublicfunds.com/funds/ardc/overview/
Address
1800 Avenue of the Stars, Suite 1400, Los Angeles, United States

Latest news

Stocktwits

SuperGreenToday Apr 29, 11:56 AM
$ARDC
0 replies
rsmracks Jan 21, 12:12 AM
$FBND $SCHO $IGIB $NUV $ARDC I’ve narrowed down my bond fund list. I’m going to pick 4-5 of these to add to my existing positions in the sector. Current positions. BGT, DLY, KORP, TLT, SCHP and NMCO. I’m leaning towards adding these; ARDC which is a credit fund. MMIN or NUV for another Muni fund with tax exempt federal taxes. SHV for a place to park cash and it not be completely dead. FBND - a mix of Government/Corp/securitized That would give me 10 bond funds. I won’t DRIP these funds. As the dividends/distributions pay monthly, I will place the money in the areas I think are the most undervalued. Or I could open new positions? My plan is still about 25% allocation for now. I could move to 30+% later this year? 10 years of compounding is my plan. I’m 50 now and preparing for 60. More to follow. 👍
3 replies
wolfpack97 Jan 12, 7:14 PM
$ARDC Good day today any news?
0 replies
xtremdelt8 Oct 3, 8:20 PM
$ARDC Down 9% on the year. Totally negates the entire year's divided payout. Meanwhile the markets hit new highs every day.
0 replies
xtremdelt8 Sep 24, 5:45 PM
$ARDC Why has this gone straight down for a month?
0 replies
antisocial Mar 7, 5:27 PM
$YYY in with an 800 starter pack after selling $ARDC . ARDC gave up a 4.2% profit but had a drop in dividend.
2 replies
panda317 Nov 12, 7:04 PM
Added $ARDC $CCD $FRA $RCS $SPMC with an equal number of the series 'A' 8% preferred shares.
0 replies
TickerDD_com Jul 2, 4:34 PM
From 5/21/2024, looking back across 21 Month-Ends for ARDC, Percentage Change of Average Monthly Price had More Positives (55%) while Percentage Change of Average Monthly Volume had More Positives (95%) $ARDC #ARDC #ARDCStock #TickerDD #ARDCPrice https://www.youtube.com/watch?v=SQ4SbRJ-rkE
0 replies