NYSE:ARDC

Ares Dynamic Credit Allocation Fund (ARDC) Stock Price, News & Analysis

$13.93
-0.02 (-0.14%)
(As of 10:09 AM ET)
Today's Range
$13.93
$14.03
50-Day Range
$13.49
$14.29
52-Week Range
$11.56
$14.30
Volume
22,337 shs
Average Volume
107,363 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
9.98%
Price Target
N/A
ARDC stock logo

About Ares Dynamic Credit Allocation Fund Stock (NYSE:ARDC)

Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It primarily invests in the U.S. securities and companies. The fund primarily invests in debt instruments such as senior loans made primarily to companies whose debt is rated below investment grade, corporate bonds that are primarily high yield issues rated below investment grade, equity securities of CLOs and debt securities issued by CLOs, and other fixed-income instruments. It focuses on such factors as the overall macroeconomic environment, financial markets, and company specific research and analysis, to create its portfolio. Ares Dynamic Credit Allocation Fund, Inc. was formed on November 27, 2012 and is domiciled in the United States..

ARDC Stock Price History

ARDC Stock News Headlines

Ares Dynamic Credit Allocation Fund Inc (ARDC)
He Is Giving Away Bitcoin
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
Ares Dynamic Credit Allocation Fund, Inc. (ARDC)
He Is Giving Away Bitcoin
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
XADCX - Ares Dynamic Credit Allocation Fund, Inc.
ARDC Ares Dynamic Credit Allocation Fund
See More Headlines
Receive ARDC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ares Dynamic Credit Allocation Fund and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 3/28 Dividend
3/20/2024
Dividend Payable
3/28/2024
Ex-Dividend for 4/30 Dividend
4/19/2024
Dividend Payable
4/30/2024
Today
5/02/2024
Next Earnings (Estimated)
5/30/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$59.70 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report

ARDC Stock Analysis - Frequently Asked Questions

How have ARDC shares performed in 2024?

Ares Dynamic Credit Allocation Fund's stock was trading at $13.75 at the start of the year. Since then, ARDC stock has increased by 1.5% and is now trading at $13.96.
View the best growth stocks for 2024 here
.

Are investors shorting Ares Dynamic Credit Allocation Fund?

Ares Dynamic Credit Allocation Fund saw a decrease in short interest in April. As of April 15th, there was short interest totaling 24,900 shares, a decrease of 6.7% from the March 31st total of 26,700 shares. Based on an average trading volume of 101,500 shares, the days-to-cover ratio is currently 0.2 days.
View Ares Dynamic Credit Allocation Fund's Short Interest
.

When is Ares Dynamic Credit Allocation Fund's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 30th 2024.
View our ARDC earnings forecast
.

How often does Ares Dynamic Credit Allocation Fund pay dividends? What is the dividend yield for Ares Dynamic Credit Allocation Fund?

Ares Dynamic Credit Allocation Fund announced a monthly dividend on Thursday, April 11th. Stockholders of record on Monday, April 22nd will be given a dividend of $0.1175 per share on Tuesday, April 30th. This represents a $1.41 annualized dividend and a dividend yield of 10.10%. The ex-dividend date of this dividend is Friday, April 19th.
Read our dividend analysis for ARDC
.

Is Ares Dynamic Credit Allocation Fund a good dividend stock?

Ares Dynamic Credit Allocation Fund (NYSE:ARDC) pays an annual dividend of $1.39 per share and currently has a dividend yield of 0.09%.
Read our dividend analysis for ARDC.

What ETFs hold Ares Dynamic Credit Allocation Fund's stock?

ETFs with the largest weight of Ares Dynamic Credit Allocation Fund (NYSE:ARDC) stock in their portfolio include First Trust Income Opportunities ETF (FCEF).Virtus Private Credit ETF (VPC).

What other stocks do shareholders of Ares Dynamic Credit Allocation Fund own?
Who are Ares Dynamic Credit Allocation Fund's major shareholders?

Ares Dynamic Credit Allocation Fund's stock is owned by a number of institutional and retail investors. Top institutional investors include Hennion & Walsh Asset Management Inc. (0.00%), Curated Wealth Partners LLC (0.00%) and Nations Financial Group Inc. IA ADV (0.00%). Insiders that own company stock include Bruce H Spector, John Joseph Shaw and Life Assurance Co Of Canad Sun.
View institutional ownership trends
.

How do I buy shares of Ares Dynamic Credit Allocation Fund?

Shares of ARDC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ARDC) was last updated on 5/2/2024 by MarketBeat.com Staff

From Our Partners