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Ares Dynamic Credit Allocation Fund Inc
2000 Avenue Of The Stars, 12th Floor
Phone: (310) 201-4200p:310 201-4200 LOS ANGELES, CA  90067  United States Ticker: ARDCARDC

Business Summary
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.
(Source: 10KSB40)

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
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Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
6/30/202412/31/2023YesYes---

Industries
SIC Code Description
6726 Unit investment trusts, face-amount certificate offices

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board David A.Sachs 68 1/1/2012 1/1/2011
President, Chief Executive Officer, Director, Portfolio Manager Seth J.Brufsky 58 1/1/2012 1/1/2012
Chief Financial Officer, Treasurer Scott C.Lem 47 1/1/2023 7/1/2017
11 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Ares Multi-Strategy Credit Fund Inc 2000 Avenue of the Stars Fl 12 LOS ANGELES CA United States

Business Names
Business Name
ARDC
Ares Multi-Strategy Credit Fund Inc

General Information
Outstanding Shares: 22,915,000 (As of 8/23/2024)
Stock Exchange: NYSE
Federal Tax Id: 454969053


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Friday, November 22, 2024