Equities

Ares Dynamic Credit Allocation Fund, Inc.

ARDC:NYQ

Ares Dynamic Credit Allocation Fund, Inc.

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FinancialsClosed End Investments
  • Price (USD)14.23
  • Today's Change0.058 / 0.41%
  • Shares traded47.20k
  • 1 Year change+18.87%
  • Beta0.7094
Data delayed at least 15 minutes, as of Mar 28 2024 16:47 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)
Alliancebernstein National Mncpl ncm Fnd24.69m-1.22m311.60m----0.9998--12.62-0.0424-0.04240.85910.840.0433--1.17---0.214-0.2463-0.3835-0.398948.0563.72-4.94-6.44--0.90370.00--0.1477-1.0398.75-----6.39
Saba Capital Income & Opportunities Fund-100.00bn-100.00bn312.17m--------------------------------------------------------------
Mrgn Stnly Emrgng Mrkts Dmtc Dbt Fnd Inc29.23m37.49m312.29m--8.380.9358--10.680.56700.56700.44795.080.0777--9.77--9.97-0.248711.41-0.31972.7870.51128.25-3.96----0.0665--5.75-14.14143.69-----11.81
Cohen & Steers Total Return Real. Fd Inc11.84m35.25m313.58m--8.890.9877--26.471.331.330.446311.960.0375--7.61--11.157.9411.167.9881.1275.88297.74273.02----0.0099.045.671.75138.09-----1.90
First Trust Energy Income and Growth Fnd-100.00bn-100.00bn314.34m--------------------------------------------------------------
Stellus Capital Investment Corp105.85m17.53m317.25m0.0016.760.9916--3.000.78470.78474.8113.260.1172--181.26--1.942.981.973.0445.7345.4116.5631.16--1.760.6428111.7040.9214.7220.99-7.72----
Liberty All-Star Growth Fund Inc-100.00bn-100.00bn319.14m0.00------------------------------------------------------------
Vado Corp11.67m-5.60m319.36m--------27.38-0.0309-0.03090.0724-0.03934.24-------203.36-150.93---274.4134.36---47.97-2,337.30---1.92--------85.23------
Cohen and Strs Clsd nd pprtnty Fnd nc-100.00bn-100.00bn320.64m0.00------------------------------------------------------------
Ares Dynamic Credit Allocation Fund Inc50.44m56.35m324.71m--5.760.9777--6.442.462.462.2014.490.0986------11.01--11.63--75.03--111.72------0.3605--14.87--222.23------
Blackrock Muniholdings New York Qulty Fd-100.00bn-100.00bn324.83m--------------------------------------------------------------
Inflection Point Acquisition Corp II-100.00bn-100.00bn327.03m----1.35----------7.78----------------------------0.00--------------
Pimco Income Strategy Fund-100.00bn-100.00bn329.36m--------------------------------------------------------------
Abrdn Global Premier Properties Fund-100.00bn-100.00bn331.38m--------------------------------------------------------------
Nuveen New York Quality Muncpl Incm Fund-100.00bn-100.00bn337.51m--------------------------------------------------------------
Blackrock Muniyield Michign Qulty Fd Inc-100.00bn-100.00bn337.78m--------------------------------------------------------------
Data as of Mar 28 2024. Currency figures normalised to Ares Dynamic Credit Allocation Fund, Inc.'s reporting currency: US Dollar USD

Institutional shareholders

17.46%Per cent of shares held by top holders
HolderShares% Held
Cohen & Steers Capital Management, Inc.as of 31 Dec 2023642.69k2.81%
Wells Fargo Clearing Services LLCas of 31 Dec 2023507.11k2.21%
Sit Investment Associates, Inc.as of 31 Dec 2023480.61k2.10%
Morgan Stanley Smith Barney LLC (Investment Management)as of 31 Dec 2023430.98k1.88%
Wells Fargo Advisors Financial Network LLCas of 31 Dec 2023384.86k1.68%
Raymond James Financial Services Advisors, Inc.as of 31 Dec 2023381.89k1.67%
Hennion & Walsh Asset Management, Inc.as of 31 Dec 2023326.13k1.42%
Stifel Nicolaus & Co., Inc. (Investment Management)as of 31 Dec 2023317.78k1.39%
Advisors Asset Management, Inc.as of 31 Dec 2023268.25k1.17%
Foundations Investment Advisors LLCas of 31 Dec 2023260.21k1.14%
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Data from 31 Dec 2023 - 31 Dec 2023Source: FactSet Research Systems Inc.
Data Provided by LSEG
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