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The 52 Week Low is $11.86 set on Mon, Jun 29, 2020. The current price, $16.02, is 35% above the 52 Week Low.
The 52 Week High is $16.40 set on Wed, Jun 16, 2021.
The All-Time High is $20.25 set on Mon, Dec 10, 2012. The current price, $16.02, is 21% below the All Time High.
Ares Dynamic Credit Allocation Fund Inc trades on the NYSE. ARDC's market cap is 370.00 Million.
Ares Dynamic Credit Allocation Fund Inc is a closed-end management investment company. The fund's investment objective is to provide an attractive level of total return, through current income and, secondarily, through capital appreciation. The Fund invests in a broad, dynamically managed portfolio of senior secured loans (Senior Loans) made to companies whose debt is rated below investment grade; corporate bonds (Corporate Bonds) that are high yield issues rated below investment grade; other fixed-income instruments of a similar nature that may be represented by derivatives; and securities of collateralized loan obligations (CLOs).