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Ares Dynamic Credit Allocation Fund, Inc  as of 10/20/2021

NYSE / ARDC Asset Class:  General Bond Funds 1 YR Lipper Avg:  13.96%

Growth of $10K

Avg Annual Total Return %
  10 YR 5 YR 1 YR YTD
Market Return -- 11.21% 38.23% 21.79%
Lipper Pct. Rank -- 32 4 4
NAV Return -- 7.22% 20.32% 9.49%
Lipper Pct. Rank -- 50 20 26
Premium/Discount History

Premium/Discount
10 YR Avg 5 YR Avg YTD Avg
-- -10.650% -7.370%

NAV $16.77 Market Price $16.45
Net Change $0.00 Market Change -$0.03
Premium/Discount -1.91%
1 YR NAV Return 20.319%
1 YR NAV Rank 20
12-Mo Yield as of 9/30/2021 Yield Def
Income Only Yield 8.04%
Distribution Yield (Market) 7.23%
Most Recent Income Dividend $0.098
Ex-Div Date 9/17/2021
Most Recent Cap Gain Dividend --
Ex-Div Date --
Dividend Frequency Monthly
YTD Dividends $0.878
YTD Capital Gains --
Inception Date 11/27/2012
Fund Advisor Ares Capital Management II LLC
Manager & Tenure Team Managed
Phone --
Website www.aresdc.com
Total Net Assets (mil) as of 9/30/2021 $383.0
% Leveraged Assets as of 12/31/2020 28.47%
Portfolio Turnover 127.00%
Mgmt Fees 1.745%
Expense Ratio 2.830%
Fund Objective
The Fund seeks to provide an attractive level of total return, primarily through income and secondarily through capital appreciation. The Fund invests in a broad, dynamically managed portfolio of secured loans, corporate bonds, and debt securities issued by entities commonly referred to as collateralized loan obligations.
Total Net Assets by Category (as of 6/30/2021)
Corporate Notes/Bonds 66.80%
Asset Backed 22.17%
Portfolio Other 11.03%
Quality (as of 6/30/2021)
B 38.18%
BB 25.72%
CCC 12.38%
Other 11.03%
Not Rated 9.54%
BBB 3.15%

 

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