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Ares Dynamic Credit Allocation Fund Inc [ARDC]
$15.06 0.01 (0.07%)

ARDC Profile

Sector Financials
Industry Asset Management
Market Cap 350 Million
ARDC Description

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, primarily 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).

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ARDC Earnings

EPS 0.00 P/E Ratio 6.55
Previous Earnings --
Latest Earnings Tue, Jul 2, 2019 (54 days ago) -0.33%

ARDC Dividend

Yield 8.57% / $1.29
Ex-Date Wed, Sep 18, 2019 (In 24 days)
Pay Date Mon, Sep 30, 2019
History 24 Payments (Monthly)

ARDC Charts

1 Year
Dec 21, 2018
Aug 27, 2018

Symbol Price Day % YTD %
ARDC $15.06 0.07% 7.73%

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