Ares Dynamic Credit Allocation Fund, Inc. (ARDC)

Profile

https://www.arespublicfunds.com/funds/ardc/overview/

Ares Dynamic Credit Allocation Fund, Inc. is a closed-end fixed income fund that focuses on credit investments across a broad, dynamically managed portfolio. Ares Dynamic Credit Allocation Fund, Inc. primarily invests in senior secured loans to below-investment-grade companies, high-yield corporate bonds, collateralized loan obligation securities, and other fixed-income instruments. The fund uses a flexible credit allocation approach designed to seek current income and, secondarily, capital appreciation while emphasizing diversified exposure to corporate credit markets. It is externally managed by Ares Capital Management II LLC and is positioned in the market as a credit-oriented vehicle for accessing multiple segments of leveraged finance and structured credit.