Equities

Ares Dynamic Credit Allocation Fund, Inc.

ARDC:NYQ

Ares Dynamic Credit Allocation Fund, Inc.

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FinancialsClosed End Investments
  • Price (USD)14.77
  • Today's Change0.06 / 0.41%
  • Shares traded112.06k
  • 1 Year change+22.98%
  • Beta0.7279
Data delayed at least 15 minutes, as of Jun 07 2024 19:50 BST.
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About the company

Ares Dynamic Credit Allocation Fund, Inc. (the Fund) is a closed end, diversified, management investment company. The Fund's investment objective is to seek an attractive risk adjusted level of total return, primarily through current income and secondarily, through capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in a broad, dynamically managed portfolio of senior secured loans (Senior Loans) made primarily to companies whose debt is rated below investment grade; corporate bonds (Corporate Bonds) that are primarily high yield issues rated below investment grade; other fixed-income instruments of a similar nature that may be represented by derivatives, and securities issued by entities commonly referred to as collateralized loan obligations (CLOs) and other asset-backed securities. Its investments in CLOs may include investments in subordinated tranches of CLO securities. The Fund's investment adviser is Ares Capital Management II LLC.

  • Revenue in USD (TTM)50.44m
  • Net income in USD56.35m
  • Incorporated2011
  • Employees--
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Blackrock Muniholdings New York Qulty Fd-100.00bn-100.00bn319.35m--------------------------------------------------------------
Vado Corp16.08m-9.01m319.36m52.00------19.86-0.0495-0.04950.0882-0.06343.64--4.15309,168.30-204.20-358.10----24.84---56.07-55.37---1.87------301.96-24,275.40---5.45--
Abrdn Global Premier Properties Fund-100.00bn-100.00bn320.28m--------------------------------------------------------------
Blackrock Muniyield Michign Qulty Fd Inc-100.00bn-100.00bn320.35m--------------------------------------------------------------
Nabors Energy Transition Corp II-100.00bn-100.00bn321.47m----1.31----------8.07----------------------------0.0098--------------
Cohen and Strs Clsd nd pprtnty Fnd nc13.42m34.10m322.84m0.009.461.08--24.061.241.240.487310.820.0455--11.47--11.56--11.58--79.31--254.16------0.00---17.64--149.30------
Nuveen New York Quality Muncpl Incm Fund-100.00bn-100.00bn328.57m--------------------------------------------------------------
Inflection Point Acquisition Corp II0.009.67m329.69m--34.841.32112.94--0.30280.30280.007.970.00------7.36--7.38--------------0.00--------------
Pimco Income Strategy Fund-100.00bn-100.00bn330.17m--------------------------------------------------------------
Ares Dynamic Credit Allocation Fund Inc50.44m56.35m332.72m--5.901.00--6.602.462.462.2014.490.0986------11.01--11.63--75.03--111.72------0.3605--14.87--222.23------
RiverNorth Flexible Mncpl Inm Fnd II Inc25.31m23.99m334.35m--13.930.8903--13.210.98530.98531.0415.420.0407--7.37--3.85--3.90--29.83--94.80------0.3891--20.12--116.72------
Stellus Capital Investment Corp107.77m25.95m334.86m0.0012.731.04--3.111.091.094.6713.410.1174--132.13--2.832.982.873.0445.8045.4124.0831.16--2.560.6501111.7040.9214.7220.99-7.72----
Putnam Premier Income Trust25.13m18.03m336.74m0.0018.580.9027--13.400.18730.18730.26223.860.0298--0.2493--2.14-0.07713.40-0.110187.8385.7671.73-2.64--6.220.00--1.28-7.53104.67-51.59--0.1287
abrdn Income Credit Strategies Fund-100.00bn-100.00bn349.14m--------------------------------------------------------------
Eaton Vance Floating-Rate Income Trust-100.00bn-100.00bn350.31m0.00------------------------------------------------------------
Data as of Jun 07 2024. Currency figures normalised to Ares Dynamic Credit Allocation Fund, Inc.'s reporting currency: US Dollar USD

Institutional shareholders

17.22%Per cent of shares held by top holders
HolderShares% Held
Wells Fargo Advisors Financial Network LLCas of 31 Mar 2024643.26k2.81%
Cohen & Steers Capital Management, Inc.as of 31 Mar 2024599.69k2.62%
Wells Fargo Clearing Services LLCas of 31 Mar 2024489.23k2.14%
Morgan Stanley Smith Barney LLC (Investment Management)as of 31 Mar 2024430.41k1.88%
Stifel Nicolaus & Co., Inc. (Investment Management)as of 31 Mar 2024330.04k1.44%
Guggenheim Partners Investment Management LLCas of 31 Mar 2024320.20k1.40%
Advisors Asset Management, Inc.as of 31 Mar 2024293.01k1.28%
United Advisor Group LLCas of 31 Mar 2024286.66k1.25%
Hennion & Walsh Asset Management, Inc.as of 31 Mar 2024284.03k1.24%
Foundations Investment Advisors LLCas of 31 Mar 2024268.46k1.17%
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Data from 31 Mar 2024 - 31 Mar 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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