ARES DYN.CR.ALL. DL-,001 Aktie

NEW YORK, NY / ACCESS Newswire / May 9, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of May 2025 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: May 19, 2025Record Date: May 19, 2025Payable Date: May 30, 2025Per Share Amount: $0.1125 Based on the Fund's current share price of $13.76 (as of its close on May 8, 2025), the distribution represents an annualized distribution rate of approximately 9.81% (calculated by annualizing the distribution amount and dividing it by the current price).» Mehr auf accessnewswire.com

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. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500closed-end funds.» Mehr auf seekingalpha.com

NEW YORK, NY / ACCESS Newswire / April 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 March 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.» Mehr auf accessnewswire.com