Ares Dynamic Credit Allocation Fund Inc. Company Profile
NYSE: ARDCFinanceInvestment ManagersUSD
Market open · Delayed 15 min · as of Oct 8, 2:21 PM ET
Ares Dynamic Credit Allocation Fund at a glance
Ares Dynamic Credit Allocation Fund Inc. (NYSE: ARDC) is a Investment Managers company in the Finance sector headquartered in Los Angeles, CA. Ares Dynamic Credit Allocation Fund is led by Mr. Seth J. Brufsky. The company's shares have traded publicly since 2012.
At a market capitalization of $272.3 million, it is considered a small-cap company. Its SEC Central Index Key (CIK) is 0001515324, which identifies the company's filings on EDGAR.
Summary generated from market data by MetaCap's automated system. Methodology
What does Ares Dynamic Credit Allocation Fund do?
Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It primarily invests in the U.S. securities and companies. 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, equity securities of CLOs and 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..
Business description based on the company's public filings.
Company information
- Legal name
- Ares Dynamic Credit Allocation Fund Inc.
- Ticker
- NYSE: ARDC
- Sector
- Finance
- Industry
- Investment Managers
- CEO
- Mr. Seth J. Brufsky
- Headquarters
- 1800 Avenue of the Stars, Los Angeles, CA, United States
- Phone
- 310 201 4100
- IPO year
- 2012
- Market cap
- $272.25M
- SEC CIK
- 0001515324
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