| Indicators | Browse All

Ares Dynamic Credit Allocation Fund, Inc. (ARDC)

Financial Services | Asset Management | Los Angeles, United States | NYSE
12.37 USD +0.09 (0.733%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 12.37
Short-term:★★☆☆☆Long-term:★★☆☆☆Dividends:★★☆☆☆
Hot Take ↕ | Aug. 22, 2026, 5:39 a.m. EDT

The immediate outlook is bearish due to a deteriorating payout structure where the fund distributes significantly more cash than it earns, eroding shareholder capital. While the massive 10.85% yield looks attractive on the surface, it is a trap built on unsustainable distributions rather than genuine free cash flow. The price action confirms this weakness, trading well below its 50-day and 200-day averages with no signs of a recovery trend. Looking further ahead, the business faces a multi-year headwind; despite a slight overall gain over the last nine years, the asset has suffered six consecutive years of negative annual returns, indicating a persistent failure to generate value for investors. The recent price drop continues this streak of underperformance, suggesting the market is correctly pricing in a lack of competitive advantage or growth engine. Consequently, the high yield is not a reward for quality but a compensation for the risk of capital destruction, making this a poor candidate for both short-term speculation and long-term holding.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.009726
MSTL0.010233
AutoARIMA0.010278
AutoTheta0.011783

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 64%
H-stat 1.53
Ljung-Box p 0.000
Jarque-Bera p 0.433
Excess Kurtosis -0.83
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-08-20
Last Dividend Date 2026-08-20
Market Cap 296,459,424
Trailing P/E 12.75
Website https://www.arespublicfunds.com/funds/ardc/overview/

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.92% 10.50% 10.11% 9.87%
Dividend History
Date Dividend Yield %
2026-08-21 0.113 0.920195
2026-07-20 0.113 0.904000
2026-06-22 0.113 0.898251
2026-05-21 0.113 0.890465
2026-04-20 0.113 0.909823
2026-03-20 0.113 0.939318
2026-02-20 0.113 0.866564
2026-01-20 0.113 0.837658
2025-12-22 0.113 0.856061
2025-11-21 0.113 0.848986
2025-10-20 0.113 0.850263
2025-09-22 0.113 0.777701
2025-08-21 0.113 0.777166
2025-07-21 0.113 0.790763
2025-06-20 0.113 0.794655
2025-05-19 0.113 0.800283
2025-04-21 0.113 0.863914
2025-03-21 0.113 0.801418
2025-02-24 0.113 0.748344
2025-01-21 0.118 0.781457
2024-12-20 0.118 0.789826
2024-11-21 0.118 0.772251
2024-10-21 0.118 0.784574
2024-09-20 0.118 0.780940
2024-08-20 0.118 0.776316
2024-07-22 0.118 0.786667
2024-06-21 0.118 0.804363
2024-05-20 0.118 0.821727
2024-04-19 0.118 0.850757
2024-03-20 0.118 0.837473
2024-02-20 0.118 0.870206
2024-01-19 0.118 0.865737
2023-12-20 0.118 0.887218
2023-11-17 0.118 0.937997
2023-10-19 0.118 0.974401
2023-09-20 0.118 0.918288
2023-08-18 0.113 0.890465
2023-07-20 0.113 0.920945
2023-06-16 0.113 0.941667
2023-05-19 0.113 0.962521
2023-04-20 0.113 0.933113
2023-03-17 0.108 0.945709
2023-02-17 0.108 0.857143
2023-01-19 0.108 0.889621
2022-12-16 0.103 0.870668
2022-11-18 0.103 0.858333
2022-10-20 0.103 0.894874
2022-09-16 0.103 0.825982
2022-08-19 0.103 0.782080
2022-07-20 0.098 0.808581
2022-06-17 0.098 0.824222
2022-05-19 0.098 0.753267
2022-04-20 0.098 0.687237
2022-03-18 0.098 0.682927
2022-02-18 0.098 0.652463
2022-01-20 0.098 0.617907
2021-12-17 0.098 0.637606
2021-11-19 0.098 0.614035
2021-10-21 0.098 0.604938
2021-09-17 0.098 0.593220
2021-08-19 0.098 0.607940
2021-07-16 0.098 0.616740
2021-06-18 0.098 0.612883
2021-05-20 0.098 0.626598
2021-04-16 0.098 0.640942
2021-03-19 0.098 0.651163
2021-02-18 0.098 0.660377
2021-01-20 0.098 0.672154
2020-12-18 0.098 0.689655
2020-11-18 0.098 0.739065
2020-10-16 0.098 0.767424
2020-09-21 0.098 0.767424
2020-08-20 0.098 0.771654
2020-07-20 0.098 0.808581
2020-06-22 0.098 0.814630
2020-05-20 0.098 0.875782
2020-04-20 0.098 0.923657
2020-03-19 0.108 1.190739
2020-02-20 0.108 0.681388
2020-01-21 0.108 0.688337
2019-12-19 0.108 0.721925
2019-11-21 0.108 0.734694
2019-10-18 0.108 0.738209
2019-09-18 0.108 0.720961
2019-08-19 0.108 0.720480
2019-07-19 0.108 0.713814
2019-06-18 0.108 0.718563
2019-05-21 0.108 0.712871
2019-04-18 0.108 0.721443
2019-03-19 0.108 0.722408
2019-02-19 0.108 0.722892
2019-01-18 0.108 0.753138
2018-12-19 0.108 0.786599
2018-11-19 0.108 0.723861
2018-10-19 0.108 0.704961
2018-09-19 0.108 0.687023
2018-08-22 0.108 0.677541
2018-07-20 0.108 0.678818
2018-06-20 0.108 0.668317
2018-05-23 0.108 0.657734
2018-04-20 0.108 0.664207
2018-03-21 0.108 0.674578
2018-02-21 0.108 0.678392
2018-01-19 0.108 0.665845
2017-12-20 0.105 0.651769
2017-11-21 0.105 0.648148
2017-10-20 0.105 0.639075
2017-09-20 0.105 0.645756
2017-08-22 0.105 0.650155
2017-07-20 0.105 0.638686
2017-06-20 0.103 0.628432
2017-05-23 0.103 0.634627
2017-04-25 0.103 0.636982
2017-04-19 0.103 0.638166
2017-03-21 0.103 0.659411
2017-02-21 0.103 0.651486
2017-01-19 0.103 0.672324
2016-12-20 0.103 0.689424
2016-11-21 0.103 0.701157
2016-10-19 0.103 0.704997
2016-09-20 0.103 0.714286
2016-08-16 0.103 0.712803
2016-07-21 0.103 0.731534
2016-06-21 0.110 0.794798
2016-05-17 0.110 0.810015
2016-04-19 0.110 0.819672
2016-03-15 0.110 0.856698
2016-02-16 0.110 0.913621
2016-01-21 0.110 0.892133
2015-12-15 0.117 0.893812
2015-11-17 0.117 0.850909
2015-10-22 0.117 0.814763
2015-09-17 0.117 0.813065
2015-08-19 0.117 0.785762
2015-07-21 0.117 0.767213
2015-06-16 0.117 0.737705
2015-05-19 0.117 0.724907
2015-04-21 0.117 0.715159
2015-03-17 0.117 0.716473
2015-02-17 0.117 0.720887
2015-01-20 0.117 0.734463
2014-12-16 0.117 0.749520
2014-11-18 0.117 0.709091
2014-10-21 0.117 0.696429
2014-09-16 0.117 0.672028
2014-08-19 0.117 0.667047
2014-07-17 0.117 0.656566
2014-06-17 0.117 0.646052
2014-05-20 0.117 0.642857
2014-04-16 0.117 0.647841
2014-03-18 0.117 0.639344
2014-02-18 0.117 0.642504
2014-01-21 0.117 0.632091
2013-12-19 0.117 0.647841
2013-11-20 0.117 0.662890
2013-10-17 0.117 0.645339
2013-09-19 0.117 0.636562
2013-08-15 0.117 0.635179
2013-07-18 0.117 0.608741
2013-06-19 0.117 0.617740
2013-05-16 0.117 0.586760
2013-04-18 0.117 0.591507
2013-03-19 0.117 0.599078
2013-02-14 0.117 0.603404
2013-01-23 0.117 0.603093
Additional Data
dividendRate 1.35
dividendYield 10.91
exDividendDate 2026-08-21
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.113
lastDividendDate 2026-08-21

Info Dump

Attribute Value
52 Week Change -0.15850341
Address1 1,800 Avenue of the Stars
Address2 Suite 1400
All Time High 20.41
All Time Low 8.1
Ask 12.35
Ask Size 1,700
Average Daily Volume10 Day 82,130
Average Daily Volume3 Month 105,433
Average Volume 105,433
Average Volume10Days 82,130
Bid 12.3
Bid Size 300
City Los Angeles
Compensation As Of Epoch Date 1,388,448,000
Country United States
Crypto Tradeable 0
Currency USD
Current Price 12.37
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 12.39
Day Low 12.301
Display Name Ares Dynamic Credit Allocation Fund
Dividend Rate 1.35
Dividend Yield 10.91
Ebitda Margins 0.0
Eps Trailing Twelve Months 0.97
Esg Populated 0
Ex Dividend Date 1,787,270,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 12.5124
Fifty Day Average Change -0.14239979
Fifty Day Average Change Percent -0.011380694
Fifty Two Week Change Percent -15.850342
Fifty Two Week High 15.03
Fifty Two Week High Change -2.6599998
Fifty Two Week High Change Percent -0.17697936
Fifty Two Week Low 11.6
Fifty Two Week Low Change 0.7699995
Fifty Two Week Low Change Percent 0.066379264
Fifty Two Week Range 11.6 - 15.03
First Trade Date Milliseconds 1,354,113,000,000
Five Year Avg Dividend Yield 9.43
Full Exchange Name NYSE
Fullday Change 0.0900002
Fullday Change Percent 0.7329
Fullday Price 12.37
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.34258997
Implied Shares Outstanding 23,966,000
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Language en-US
Last Dividend Date 1,787,270,400
Last Dividend Value 0.113
Long Business Summary 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..
Long Name Ares Dynamic Credit Allocation Fund, Inc.
Market us_market
Market Cap 296,459,424
Market State CLOSED
Max Age 86,400
Message Board Id finmb_128844974
Non Diluted Market Cap 294,302,136
Open 12.32
Operating Margins 0.0
Payout Ratio 1.4115
Phone 310 201 4100
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 12.37
Post Market Time 1,787,959,806
Previous Close 12.28
Price Hint 2
Profit Margins 0.0
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0900002
Regular Market Change Percent 0.7329
Regular Market Day High 12.39
Regular Market Day Low 12.301
Regular Market Day Range 12.301 - 12.39
Regular Market Open 12.32
Regular Market Previous Close 12.28
Regular Market Price 12.37
Regular Market Time 1,787,947,203
Regular Market Volume 79,032
Sand P52 Week Change 0.20204377
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 23,965,972
Shares Percent Shares Out 0.00090000004
Shares Short 64,560
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 160,926
Short Name Ares Dynamic Credit Allocation
Short Ratio 0.18
Source Interval 15
State CA
Symbol ARDC
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 0.97
Trailing P E 12.752577
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 12.82005
Two Hundred Day Average Change -0.45005035
Two Hundred Day Average Change Percent -0.035105195
Type Disp Equity
Volume 79,032
Website https://www.arespublicfunds.com/funds/ardc/overview/
Zip 90,067