Ares Dynamic Credit Allocation Fund, Inc. (ARDC)

NEW YORK, NY / ACCESS Newswire / December 11, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of December 2025 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: December 22, 2025Record Date: December 22, 2025Payable Date: December 31, 2025Per Share Amount: $0.1125 Based on the Fund's current share price of $13.45 (as of its close on December 10, 2025), the distribution represents an annualized distribution rate of approximately 10.04% (calculated by annualizing the distribution amount and dividing it by the current price).

Ares Dynamic Credit Allocation Fund (ARDC) receives a Sell rating due to its heavy allocation to floating rate issuances amid an interest rate easing cycle. ARDC's portfolio is 61.8% floating rate debt, which may underperform as the Federal Reserve continues to cut rates, despite some risk mitigation from first lien loans. The fund offers a high 10.14% yield and stable distributions, but its high expense ratio and recent underperformance versus peers are notable concerns.

NEW YORK, NY / ACCESS Newswire / November 24, 2025 / Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of October 31, 2025 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation Fund, Inc. Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation.

NEW YORK, NY / ACCESS Newswire / November 11, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of November 2025 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: November 21, 2025Record Date: November 21, 2025Payable Date: November 28, 2025Per Share Amount: $0.1125 Based on the Fund's current share price of $13.88 (as of its close on November 10, 2025), the distribution represents an annualized distribution rate of approximately 9.73% (calculated by annualizing the distribution amount and dividing it by the current price).

This month's top 10 closed-end funds offer an average yield of 9.25% and strong long-term performance across diverse asset classes. For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone.

NEW YORK, NY / ACCESS Newswire / October 24, 2025 / Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of September 30, 2025 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation Fund, Inc. Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation.

NEW YORK, NY / ACCESS Newswire / October 10, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of October 2025 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: October 20, 2025Record Date: October 20, 2025Payable Date: October 31, 2025Per Share Amount: $0.1125 Based on the Fund's current share price of $13.73 (as of its close on October 9, 2025), the distribution represents an annualized distribution rate of approximately 9.83% (calculated by annualizing the distribution amount and dividing it by the current price).

NEW YORK, NY / ACCESS Newswire / September 25, 2025 / Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of August 31, 2025 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation Fund, Inc. Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation.

I maintain a hold rating on ARDC due to its elevated premium to NAV and declining net investment income outlook. ARDC's strong 9.1% yield is appealing, but future dividend coverage is at risk as interest rates are expected to fall. The fund's aggressive leverage and high allocation to below-investment-grade securities amplify risk, especially in uncertain economic conditions.

NEW YORK, NY / ACCESS Newswire / August 25, 2025 / Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of July 31, 2025 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation Fund, Inc. Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation.

Steven Bavaria, from Inside the Income Factory, discusses credit assets like high-yield bonds, senior loans, and BDCs for stable, high-yield income, favoring closed-end funds for their resilience and discounts. Expense ratios for BDC ETFs like PBDC appear high due to accounting rules, but actual fund expenses are low—professional management adds only about 0.4%.

NEW YORK, NY / ACCESS Newswire / August 11, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of August 2025 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: August 21, 2025Record Date: August 21, 2025Payable Date: August 29, 2025Per Share Amount: $0.1125 Based on the Fund's current share price of $14.46 (as of its close on August 8, 2025), the distribution represents an annualized distribution rate of approximately 9.34% (calculated by annualizing the distribution amount and dividing it by the current price).

NEW YORK CITY, NY / ACCESS Newswire / July 25, 2025 / Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of June 30, 2025 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation Fund, Inc. Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation.

NEW YORK, NY / ACCESS Newswire / July 11, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of July 2025 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: July 21, 2025Record Date: July 21, 2025Payable Date: July 31, 2025Per Share Amount: $0.1125 Based on the Fund's current share price of $14.31 (as of its close on July 10, 2025), the distribution represents an annualized distribution rate of approximately 9.43% (calculated by annualizing the distribution amount and dividing it by the current price).

When 401(k)s and IRAs replaced "defined benefit pensions" a few decades ago, we all suddenly became our own "pension managers." The investment and media industries quickly "taught" us all to focus our attention on stock prices and short-term gains and losses. That's what attracted viewers and kept them tuned in to CNBC and Bloomberg all day.

Ares Dynamic Credit Allocation Fund offers a high 9.5% yield and monthly payouts, appealing for income-focused investors but with limited capital appreciation potential. Recent price declines have brought ARDC's valuation to a more reasonable level, but risks remain due to high leverage and below-investment-grade exposure. The fund's performance is closely tied to interest rates; sustained high rates could pressure NAV and increase default risks.