Summary

15.34 0.04(0.26%)10/04/2024
Ares Dynamic Credit Allocation Fund Inc (ARDC)

Key Facts


1 Day1 Week1 Month3 Months6 Months1 Year5 YearsAll Time
0.260.46-0.071.528.4122.3317.48217.61


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Trading Data
Close15.34
Open15.38
High15.40
Low15.30
Volume70,881
Change0.04
Change %0.26
Avg Volume (20 Days)74,698
Volume/Avg Volume (20 Days) Ratio0.95
52 Week Range11.83 - 15.49
Price vs 52 Week High-0.97%
Price vs 52 Week Low29.67%
Range-0.26
Gap Up/Down0.00
Fundamentals
Market Capitalization (Mln)346
EBIDTA0
PE Ratio0.0000
PEG Ratio0.0000
WallStreet Target Price0.00
Book Value0.0000
Earnings Per Share0.0000
EPS Estimate Current Quarter0.0000
EPS Estimate Next Quarter0.0000
EPS Estimate Current Year0.0000
EPS Estimate Next Year0.0000
Diluted EPS (TTM)0.0000
Revenues
Profit Marging0.0000
Operating Marging (TTM)0.0000
Return on asset (TTM)0.0000
Return on equity (TTM)0.0000
Revenue TTM0
Revenue per share TTM0.0000
Quarterly Revenue Growth (YOY)0.0000
Quarterly Earnings Growth (YOY)0.0000
Gross Profit (TTM)0
Dividends
Dividend Share0.0000
Dividend Yield
Valuations
Trailing PE0.0000
Forward PE0.0000
Price Sales (TTM)0.0000
Price Book (MRQ)0.0000
Revenue Enterprise Value 0.0000
EBITDA Enterprise Value0.0000
Shares
Shares Outstanding0
Shares Float0
Shares Short0
Shares Short (Prior Month)0
Shares Ratio0.00
Short Outstanding (%)0.00
Short Float (%)0.00
Insider (%)0.00
Institutions (%)0.00


09/24 16:15 EST - accesswire.com
Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.
NEW YORK, NY / ACCESSWIRE / September 24, 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 August 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.
09/10 16:15 EST - accesswire.com
Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1175 Per Share
NEW YORK, NY / ACCESSWIRE / September 10, 2024 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of September 2024 of $0.1175 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: September 20, 2024Record Date: September 20, 2024Payable Date: September 30, 2024Per Share Amount: $0.1175 Based on the Fund's current share price of $15.40 (as of its close on September 9, 2024), the distribution represents an annualized distribution rate of approximately 9.16% (calculated by annualizing the distribution amount and dividing it by the current price).
09/05 04:10 EST - seekingalpha.com
ARDC: CEF With 9.2% Yield, But Expensive
Ares Dynamic Credit Allocation Fund is a closed-ended fixed income fund managed by Ares Management LLC, primarily investing in below investment grade U.S. securities. ARDC is currently trading at a 4.5% premium to its NAV, making it less attractive for purchase at this time. The fund offers a 9.2% yield, but past yields were higher when the price was lower, making future gains and distributions uncertain.
08/09 08:30 EST - seekingalpha.com
Forget AI Stocks, Buy These 2 Big Dividends Instead
AI names trade at lofty valuations and pose painful prospects for ignorant trend-followers; we have seen this repeatedly and not too long ago. Only when the tide goes out do you discover who's been swimming naked, says Warren Buffett. Instead of chasing the trend to riches, why not focus on visible profitability and proven cash flows? We discuss our top picks with up to 9% yields.
07/25 16:15 EST - accesswire.com
Month-End Portfolio Data Now Available For Ares Dynamic Credit Allocation Fund, Inc.
NEW YORK, NY / ACCESSWIRE / July 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 June 30, 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.
07/21 09:15 EST - seekingalpha.com
ARDC: 12% Yield, Outperforming Monthly Payer
Income investors are eyeing high-yield fixed income vehicles with interest rates potentially declining in 2024. Ares Dynamic Credit Allocation Fund offers attractive total return through current income and capital appreciation, investing primarily in senior loans and corporate bonds. ARDC pays monthly distributions with a 12.08% yield, has outperformed its industry and the S&P 500, and is currently trading at a premium to NAV.
07/19 10:00 EST - seekingalpha.com
ARDC: Solid Income Fund But Trades At A Historical Premium
Ares Dynamic Credit Allocation Fund (ARDC) invests in a portfolio of different high yielding assets like bonds, loans, and CLOs. ARDC offers a 9.4% dividend yield and has shown a consistent distribution history, making it attractive for income investors. ARDC's portfolio benefits from floating rate investments and senior secured debt.
07/11 16:15 EST - accesswire.com
Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1175 per Share
NEW YORK, NY / ACCESSWIRE / July 11, 2024 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of July 2024 of $0.1175 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: July 22, 2024 Record Date: July 22, 2024 Payable Date: July 31, 2024 Per Share Amount: $0.1175 Based on the Fund's current share price of $15.17 (as of its close on July 10, 2024), the distribution represents an annualized distribution rate of approximately 9.29% (calculated by annualizing the distribution amount and dividing it by the current price).
07/03 07:30 EST - seekingalpha.com
Steven Bavaria Takes Investors Inside The Income Factory
Steven Bavaria discusses his investing strategy, focusing on generating income through high-yield assets like closed-end funds and credit markets. He emphasizes the importance of sticking with a strategy that aligns with one's risk tolerance and long-term goals, whether it's traditional equity investing or an income factory approach.
05/10 16:31 EST - accesswire.com
Ares Dynamic Credit Allocation Fund Declares A Monthly Distribution of $0.1175 Per Share
NEW YORK, NY / ACCESSWIRE / May 10, 2024 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of May 2024 of $0.1175 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: May 20, 2024Record Date: May 21, 2024Payable Date: May 31, 2024Per Share Amount: $0.1175 Based on the Fund's current share price of $14.52 (as of its close on May 9, 2024), the distribution represents an annualized distribution rate of approximately 9.71% (calculated by annualizing the distribution amount and dividing it by the current price).
04/24 14:11 EST - watchdoguganda.com
BRIAN KEITIRA; Why The Revival of Assistant RDC’s/ RCC’s Offices By President Museveni Will Unlock Uganda’s Potential Going Forward.
In a bold move to revitalize local governance and empower communities across Uganda, President Yoweri Museveni has reinstated the Office of Assistant Resident District Commissioner (ARDC) and Assistant Resident City Commissioner (ARCC). This strategic decision holds immense importance for the nation’s progress on various fronts, including promoting patriotism, enhancing efficiency in monitoring government programs, intensifying […] The post BRIAN KEITIRA; Why The Revival of Assistant RDC’s/ RCC’...
04/17 09:35 EST - 247wallst.com
Want $2000 In Passive Income? Invest $1000 Into These Dividend Stocks
Naturally, one should monitor their portfolio on a regular basis in case there are any news events or market circumstances that can affect a stock price or its dividend adversely.
03/31 04:48 EST - seekingalpha.com
BGH: The Corinthia Corporate Raid Could Damage This Credit Fund, Buyer Beware
BGH: The Corinthia Corporate Raid Could Damage This Credit Fund, Buyer Beware
03/28 11:51 EST - seekingalpha.com
The Quality Closed-End Fund Report, March 2024
Quantitative screens narrow down attractive closed-end fund candidates for further investigation. "Quality" report focuses on funds with coverage exceeding 100% to potentially reduce the risk of distribution cuts. Rankings provide shortlists for further research, not final buy or sell decisions.