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Key Stats

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Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
2.83% -3.77% 382.20M 98857.87
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
7.29% 127.1% -22.17M Upgrade

Basic Info

Investment Strategy
The Fund normally invests at least 80% of Managed Assets in (i) Senior Loans and investments with similar economic characteristics (such as second lien loans and unsecured loans) and (ii) Corporate Bonds. The Fund expects initially that almost all of the Senior Loans and Corporate Bonds in which it will invest will be rated below investment grade. Corporate Bonds rated below investment grade are often referred to as "high yield" securities. Under normal market conditions, the Fund expects to invest up to 30% of its Managed Assets in CLOs.
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 S&P/LSTA Leveraged Loan TR
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 9.10 yrs
Seth Brufsky 9.10 yrs
Charles Arduini 3.26 yrs
Samantha Milner 3.26 yrs

Net Fund Flows Versus Category

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 92
-22.17M
-1.088B Category Low
6.757B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of January 31, 2018

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
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--
--
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of January 14, 2022. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2015
2016
2017
2018
2019
2020
2021
YTD
-7.38%
23.85%
17.60%
-8.81%
20.39%
2.50%
23.15%
-1.65%
0.55%
2.65%
3.54%
0.01%
8.72%
7.51%
-1.54%
-1.82%
-5.47%
30.10%
7.97%
-4.14%
24.99%
-5.42%
17.54%
0.27%
-3.92%
27.22%
2.44%
-7.14%
14.70%
-5.09%
18.91%
2.98%
-4.73%
30.75%
6.33%
-8.02%
14.07%
-4.37%
28.32%
-4.25%
3.11%
19.39%
3.90%
-11.96%
18.97%
-0.84%
25.90%
0.50%
As of January 14, 2022.

Fund Details

Key Dates
Inception Date 11/28/2012
Last Annual Report Date 12/31/2020
Last Prospectus Date 12/31/2012
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No

Asset Allocation

As of September 30, 2021.
Type % Net % Long % Short
Cash 3.57% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 161.4% Upgrade Upgrade
Convertible 0.27% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other -65.27% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
Belo Corp. 7.25%
1.82% -- --
Seagate HDD Cayman 5.75%
1.82% -- --
Powerteam Services LLC 9.03%
1.73% -- --
The Williams Companies, Inc. 8.75%
1.60% -- --
Trident TPI Holdings Inc 9.25%
1.58% -- --
Tallgrass Energy Partners, LP and Tallgrass Energy Finance Corp. 7.5%
1.56% -- --
CSC Holdings, LLC 7.5%
1.55% -- --
TransDigm, Inc. 8%
1.53% -- --
EQT Corporation 7.5%
1.51% -- --
JBS USA Lux S A & JBS USA Finance Inc 6.75%
1.42% -- --

Basic Info

Investment Strategy
The Fund normally invests at least 80% of Managed Assets in (i) Senior Loans and investments with similar economic characteristics (such as second lien loans and unsecured loans) and (ii) Corporate Bonds. The Fund expects initially that almost all of the Senior Loans and Corporate Bonds in which it will invest will be rated below investment grade. Corporate Bonds rated below investment grade are often referred to as "high yield" securities. Under normal market conditions, the Fund expects to invest up to 30% of its Managed Assets in CLOs.
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 S&P/LSTA Leveraged Loan TR
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 9.10 yrs
Seth Brufsky 9.10 yrs
Charles Arduini 3.26 yrs
Samantha Milner 3.26 yrs

Fund Details

Key Dates
Inception Date 11/28/2012
Last Annual Report Date 12/31/2020
Last Prospectus Date 12/31/2012
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No

Top Portfolio Holders

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