Ares Dynamic Credit Allocation Fund, Inc. (ARDC)
NYSE NYSE Primary Summary
ARDC Chart
ARDC: Valuation Has Fallen Back To Earth But With Elevated Risks
Ares Dynamic Credit Allocation Fund remains a hold due to valuation and near-term debt market risks. ARDC trades at a 6.7% discount to NAV, with a 10.8% yield, but faces risk from rising borrower defaults and aggressive leverage (40.9%). The portfolio is 80% below-investment-grade debt, making ARDC sensitive to credit deterioration if interest rates remain elevated.
ARDC: Buy This High-Yield Dynamic Credit Fund Before The Sale Ends
Ares Dynamic Credit Allocation Fund is rated Buy, offering a 10.7% yield and trading at a -7.5% discount to NAV. ARDC's distribution is well covered with significant undistributed net investment income, following a recent reduction to $0.1125 per month. The fund employs dynamic allocation across high-yield bonds, senior loans, and CLOs, with 40% leverage currently above its 33% target.
Ares Dynamic Credit Allocation Fund, Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| PER Paul E. Rasmussen SIT INVESTMENT ASSOCIATES Inc. | 298,905 | $3.98M | $3.82M | -$154,994.11 | -3.9% |
 Jeff Ameen Spire Wealth Management | 7,500 | $110,005 | $95,700 | -$14,305 | -13% |
| PF Phillip Fitzsimmons Hennion & Walsh Asset Management Inc. | 219,107 | $2.77M | $2.78M | $12,465.6 | 0.45% |
 Kyle P. Smith NewEdge Wealth LLC | 257,244 | $3.57M | $3.26M | -$303,719.61 | -8.51% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 3,584 | $52,131.63 | $45,445.12 | -$6,686.51 | -12.83% |
