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Ares Dynamic Credit Allocation Fund, Inc  as of 09/30/2022

NYSE / ARDC Asset Class:  General Bond Funds 1 YR Lipper Avg:  -10.68%

Growth of $10K

Avg Annual Total Return %
  10 YR 5 YR 1 YR YTD
Market Return -- 1.83% -21.05% -23.16%
Lipper Pct. Rank -- 34 35 50
NAV Return -- 1.66% -13.79% -14.73%
Lipper Pct. Rank -- 60 63 65
Premium/Discount History

Premium/Discount
10 YR Avg 5 YR Avg YTD Avg
-- -9.942% -8.860%

NAV $13.34 Market Price $11.75
Net Change $0.01 Market Change $0.10
Premium/Discount -11.92%
1 YR NAV Return -13.793%
1 YR NAV Rank 63
12-Mo Yield as of 8/31/2022 Yield Def
Income Only Yield 7.60%
Distribution Yield (Market) 9.00%
Most Recent Income Dividend $0.103
Ex-Div Date 8/19/2022
Most Recent Cap Gain Dividend --
Ex-Div Date --
Dividend Frequency Monthly
YTD Dividends $0.785
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 8/31/2022 $327.1
% Leveraged Assets as of -- 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 6/30/2022)
Corporate Notes/Bonds 65.86%
Asset Backed 23.60%
Portfolio Other 10.54%
Quality (as of 6/30/2022)
B 35.25%
BB 29.41%
Other 10.54%
CCC 10.09%
Not Rated 9.90%
BBB 4.81%

 

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