⌘K

Ares Dynamic Credit Allocation Fund, Inc. (ARDC)

$15.14 0.05% $0.00 Financial Services

Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income mutual fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It invests in the fixed income markets of Europe. The fund primarily invests in debt instruments such as senior loans made primarily to companies whose debt is rated below investment grade, corporate bonds that are primarily high yield issues rated below investment grade, debt securities issued by CLOs, and other fixed-income instruments. It focuses on such factors as the overall macroeconomic environment, financial markets, and company specific research and analysis, to create its portfolio. Ares Dynamic Credit Allocation Fund, Inc. was formed on November 27, 2012 and is domiciled in the United States.

Market cap

$346.93M

CEO

Mr. Seth J. Brufsky

Headquarters

Los Angeles, CA

IPO Date

Nov 28, 2012

Price-to-earnings (PE) Ratio

6.53

Earnings-per-share (EPS)

$2.32

Cash ratio (TTM)

0.00

Current ratio (TTM)

0.00

Dividend yield (TTM)

9.19%

Earnings yield (TTM)

15.08%

Net profit margin (TTM)

159.50%

PE ratio (TTM)

6.63

PEG ratio (TTM)

0.11

Price-to-book ratio (TTM)

1.04

Price-to-sales ratio (TTM)

10.58

Quick ratio (TTM)

0.00

Return on assets (TTM)

9.67%

Return on equity (TTM)

15.84%

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