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ARES DYNAMIC CREDIT ALLOCATION FUND, INC.

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Price Chart

Market Cap
322.76M
Volume
35.42K
52W High
$15.62
52W Low
$11.52
Open
$13.57
Prev Close
$13.52
Day Range
13.52 - 13.59

About ARES DYNAMIC CREDIT ALLOCATION FUND, INC.

Ares Dynamic Credit Allocation Fund Inc is a closed-ended, diversified management investment company. The fund's investment objective is to provide an attractive level of total return, through current income and, secondarily, through capital appreciation. The Fund invests in a broad, dynamically managed portfolio of senior secured loans (Senior Loans) made to companies whose debt is rated below investment grade; corporate bonds (Corporate Bonds) that are high yield issues rated below investment grade; other fixed-income instruments of a similar nature that may be represented by derivatives; and securities of collateralized loan obligations (CLOs).