Fund Companies Rights Offerings Managed Distributions Leveraged Funds IPOs Asset Classes CEF Advisors

My Fund Comparison
Initilizing list...

Ares Dynamic Credit Allocation Fund, Inc  as of 08/03/2021

NYSE / ARDC Asset Class:  General Bond Funds 1 YR Lipper Avg:  16.78%

Growth of $10K

Avg Annual Total Return %
  10 YR 5 YR 1 YR YTD
Market Return -- 11.05% 39.30% 16.76%
Lipper Pct. Rank -- 32 16 32
NAV Return -- 7.88% 22.90% 7.97%
Lipper Pct. Rank -- 50 23 18
Premium/Discount History

Premium/Discount
10 YR Avg 5 YR Avg YTD Avg
-- -11.150% -9.500%

NAV $16.73 Market Price $15.96
Net Change $0.00 Market Change $0.06
Premium/Discount -4.60%
1 YR NAV Return 22.899%
1 YR NAV Rank 23
12-Mo Yield as of 6/30/2021 Yield Def
Income Only Yield 8.04%
Distribution Yield (Market) 7.24%
Most Recent Income Dividend $0.098
Ex-Div Date 7/16/2021
Most Recent Cap Gain Dividend --
Ex-Div Date --
Dividend Frequency Monthly
YTD Dividends $0.585
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 7/31/2021 $383.3
% 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 3/31/2021)
Corporate Notes/Bonds 64.63%
Asset Backed 23.66%
Portfolio Other 11.71%
Quality (as of 3/31/2021)
B 38.24%
BB 24.46%
CCC 11.78%
Other 11.71%
Not Rated 10.93%
BBB 2.88%

Resources

Aberdeen Closed-End TV

Asset TV — CEF Channel

CEF Connect

Cohen & Steers CEFs Knowledge Center

Harvest — CEFA Channel

Legg Mason CEFs

Seeking Alpha — CEFA Channel


SySys Logo

Lipper Logo
Powered by a SySys data & content management system.

© Thomson Reuters 2019. All rights reserved. Any copying, republication or redistribution of Lipper, a Thomson Reuters company, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper, a Thomson Reuters company. Lipper, a Thomson Reuters company shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.