Ares Dynamic Credit Allocation Fund, Inc. is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed portfolio of credit investments. There can be no assurance that ARDC will achieve its investment objective.
Company profile
Ticker
ARDC
Exchange
CEO
Seth Brufsky
Employees
Location
Fiscal year end
Former names
Ares Senior Credit Strategies Fund, Inc.
SEC CIK
Corporate docs
IRS number
454969053
ARDC stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
9 Apr 24
DEF 14A
Definitive proxy
9 Apr 24
N-CEN
Annual report (registered investment company)
15 Mar 24
N-CSR
Certified annual shareholder report (management investment company)
6 Mar 24
N-CSRS
Certified semi-annual shareholder report (management investment company)
31 Aug 23
N-PX
Annual report of proxy voting record
1 Aug 23
DEFA14A
Additional proxy soliciting materials
28 Mar 23
DEF 14A
Definitive proxy
28 Mar 23
N-CEN
Annual report (registered investment company)
15 Mar 23
N-CSR
Certified annual shareholder report (management investment company)
9 Mar 23
Latest ownership filings
NPORT-P
Ares Dynamic Credit Allocation Fund, Inc. (Dec 2023 report)
26 Feb 24
SC 13G/A
Apollo Management Holdings GP, LLC
14 Feb 24
NPORT-P
Ares Dynamic Credit Allocation Fund, Inc. (Sep 2023 report)
22 Nov 23
NPORT-P
Ares Dynamic Credit Allocation Fund, Inc. (Jun 2023 report)
29 Aug 23
4
John Joseph Shaw
18 Aug 23
SC 13G
PRINCIPAL LIFE INSURANCE CO
20 Jun 23
NPORT-P
Ares Dynamic Credit Allocation Fund, Inc. (Mar 2023 report)
26 May 23
NPORT-P
Ares Dynamic Credit Allocation Fund, Inc. (Dec 2022 report)
28 Feb 23
SC 13G/A
GUGGENHEIM CAPITAL LLC
15 Feb 23
SC 13G/A
Apollo Management Holdings GP, LLC
14 Feb 23
Funds
Series | Ticker | %Monthly Return ? | $Assets | #Holdings | As of | ||
---|---|---|---|---|---|---|---|
Ares Dynamic Credit Allocation Fund, Inc. | – | 4.16 | 1.12 | 2.02 | 532.82 mm | 264 | Sep 2023 |
Institutional ownership, Q3 2023
31.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 47 |
Opened positions | 4 |
Closed positions | 11 |
Increased positions | 13 |
Reduced positions | 17 |
13F shares | Current |
---|---|
Total value | 69.35 bn |
Total shares | 7.14 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
WFC Wells Fargo & Co. | 733.71 k | $9.46 bn |
MS Morgan Stanley | 678.77 k | $8.76 bn |
CNS Cohen & Steers | 647.69 k | $8.36 mm |
First Trust Portfolios | 628.60 k | $0.00 |
Sit Investment Associates | 487.79 k | $6.29 mm |
Raymond James Financial Services Advisors | 389.25 k | $5.02 bn |
Hennion & Walsh Asset Management | 338.56 k | $4.37 bn |
Vivaldi Capital Management | 314.71 k | $4.06 bn |
SF Stifel Financial | 304.56 k | $3.93 bn |
Advisors Asset Management | 293.51 k | $3.79 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 Aug 23 | John Joseph Shaw | Common Stock | Sell | Dispose S | Yes | No | 12.801 | 20,715.73 | 265.18 k | 30,000 |
16 Aug 23 | John Joseph Shaw | Common Stock | Sell | Dispose S | Yes | No | 12.85 | 9,286 | 119.33 k | 50,715.73 |
Press releases
Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1175 Per Share
11 Apr 24
Month-End Portfolio Data Now Available For Ares Dynamic Credit Allocation Fund, Inc.
25 Mar 24
Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1175 Per Share
11 Mar 24
Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.
23 Feb 24
Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1175 Per Share
9 Feb 24