Highlights
NYSE: ARDC       Ares Dynamic Credit Allocation
Last Price Today's Change   Day's Range   Trading Volume
12.41   -0.23 (1.82%)  12.39 - 12.55  89,800

Overview

 
Avg Volume (4 weeks):107,947
4 Weeks Range:12.39 - 13.097
4 Weeks Price Volatility (%):
2.83%
52 Weeks Range:8.07 - 15.91
52 Weeks Price Volatility (%):
55.36%
Average Price Target:-

Headlines



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Business Background

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 primarily in a broad, dynamically managed portfolio of senior secured loans (Senior Loans) made primarily to companies whose debt is rated below investment grade; corporate bonds (Corporate Bonds) that are primarily 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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