Ares Dynamic Credit Allocation Fund, Inc.
About Ares Dynamic Credit Allocation Fund, Inc.
Ares Dynamic Credit Allocation Fund Inc is a closed-end, diversified, management investment company. The Fund's investment objective is to seek an attractive risk adjusted level of total return, through current income and, secondarily, through capital appreciation. The Fund invests in a broad, dynamically managed portfolio of (i) senior secured loans, (ii) corporate bonds, (iii) other fixed-income instruments, and (iv) securities issued by entities commonly referred to as collateralized loan obligations and other asset-backed securities.
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Financial summary
- Market cap
- $299.6M
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $299.6M
- Dividend yield
- 10.75%
- Shares outstanding
- 23.9M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Nov 28, 2012
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Trading 16% below its 52-week high.
- Pays a dividend yielding about 10.75% annually.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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