Ares Dynamic Credit Allocation Fund Inc.

Symbol: ARDC Sector: Financial Services Industry: Asset Management

Dividend Yield
8.40%

Current Price
$15.36

Info Dividend Rate History Dividend Yield History Financials Rankings

Dividend Data

Dividend Yield:	8.40%
Dividend per Share:	$ 1.2900
Next Ex-Div Date:	2019-06-18
Next Div Payout:	$ 0.1075
Payment Schedule:	Monthly	-

Payout Ratio (ttm)

n.a.

Ø 3yr Growth Rate	+0.06 %	+1.86%
Ø 5yr Growth Rate	-1.80 %	-

Stock Data

Type:	Common Stock
Exchange:	New York Stock Exchange
Current Price (*):	$ 15.36
Week 52 high:	$ 16.42
Week 52 low:	$ 13.07

Marketcap	$ 345,328,131
Return on Equity	0.00 %
P/E Ratio high	0.00
P/E Ratio low	0.00

General Info

About: 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.

Tags: Asset Management Financial Services

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