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Ares Dynamic Credit Allocation Fund, Inc  as of 02/03/2023

NYSE / ARDC Asset Class:  General Bond Funds 1 YR Lipper Avg:  -4.89%

Growth of $10K

Avg Annual Total Return %
  10 YR 5 YR 1 YR YTD
Market Return 4.46% 3.77% -10.15% 11.16%
Lipper Pct. Rank 55 63 74 39
NAV Return 4.49% 2.75% -6.77% 6.20%
Lipper Pct. Rank 35 69 70 19
Premium/Discount History

Premium/Discount
10 YR Avg 5 YR Avg YTD Avg
-9.790% -10.159% -13.440%

NAV $14.11 Market Price $12.77
Net Change -$0.01 Market Change -$0.08
Premium/Discount -9.50%
1 YR NAV Return -6.766%
1 YR NAV Rank 70
12-Mo Yield as of 12/31/2022 Yield Def
Income Only Yield 7.60%
Distribution Yield (Market) 9.50%
Most Recent Income Dividend $0.108
Ex-Div Date 1/19/2023
Most Recent Cap Gain Dividend --
Ex-Div Date --
Dividend Frequency Monthly
YTD Dividends $1.195
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 1/31/2023 $320.4
% Leveraged Assets as of 12/31/2021 27.81%
Portfolio Turnover 76.00%
Mgmt Fees 1.715%
Expense Ratio 2.820%
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 9/30/2022)
Corporate Notes/Bonds 68.10%
Asset Backed 31.90%
Quality (as of 9/30/2022)
BB 37.70%
B 35.80%
Not Rated 10.10%
CCC 8.70%
BBB 7.70%

 

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