Ares Dynamic Credit Allocation Fund Inc (ARDC)
13.82
-0.02
(-0.14%)
USD |
NYSE |
Apr 24, 16:00
13.82
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 5.00% | -5.02% | 333.41M | 95383.97 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 10.06% | 48.34% | -22.17M | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund's investment objective is to seek an attractive risk adjusted level of total return, primarily through current income and, secondarily, through capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in a broad, dynamically managed portfolio. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Bank Loan |
| Category Index | Morningstar LSTA US LL Index TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | Ares Capital Corp |
| Prospectus Benchmark Index | |
| Credit Suisse Leveraged Loan USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Keith Ashton | 11.35 yrs |
| Seth Brufsky | 11.35 yrs |
| Charles Arduini | 5.51 yrs |
| Samantha Milner | 5.51 yrs |
Performance Versus Category
As of April 24, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 24, 2024.
Basic Info
| Investment Strategy | |
| The Fund's investment objective is to seek an attractive risk adjusted level of total return, primarily through current income and, secondarily, through capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in a broad, dynamically managed portfolio. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Bank Loan |
| Category Index | Morningstar LSTA US LL Index TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | Ares Capital Corp |
| Prospectus Benchmark Index | |
| Credit Suisse Leveraged Loan USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Keith Ashton | 11.35 yrs |
| Seth Brufsky | 11.35 yrs |
| Charles Arduini | 5.51 yrs |
| Samantha Milner | 5.51 yrs |