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as 11-08-2024 10:30am EST

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Ares Dynamic Credit Allocation Fund Inc is a closed-ended, diversified management investment company. The fund's investment objective is to provide an attractive level of total return, through current income and, secondarily, through capital appreciation. The Fund invests in a broad, dynamically managed portfolio of senior secured loans (Senior Loans) made to companies whose debt is rated below investment grade; corporate bonds (Corporate Bonds) that are high yield issues rated below investment grade; other fixed-income instruments of a similar nature that may be represented by derivatives; and securities of collateralized loan obligations (CLOs).

Founded: 2012 Country:
United States
United States
Employees: N/A City: N/A
Market Cap: 351.3M IPO Year: N/A
Target Price: N/A AVG Volume (30 days): 115.8K
Analyst Decision: N/A Number of Analysts: N/A
Dividend Yield:
9.84%
Dividend Payout Frequency: Monthly
EPS: N/A EPS Growth: N/A
52 Week Low/High: $11.56 - $14.30 Next Earning Date: 01-01-0001
Revenue: N/A Revenue Growth: N/A
Revenue Growth (this year): N/A Revenue Growth (next year): N/A

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