Company Ares Dynamic Credit Allocation Fund, Inc.

Equities

ARDC

US04014F1021

Closed End Funds

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Business Summary

Ares Dynamic Credit Allocation Fund, Inc. (the Fund) is a closed end, diversified, management investment company. The Fund's investment objective is to seek an attractive risk adjusted level of total return, primarily through current income and secondarily, through capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in a broad, dynamically managed portfolio of senior secured loans (Senior Loans) made primarily to companies whose debt is rated below investment grade; corporate bonds (Corporate Bonds) that are primarily high yield issues rated below investment grade; other fixed-income instruments of a similar nature that may be represented by derivatives, and securities issued by entities commonly referred to as collateralized loan obligations (CLOs) and other asset-backed securities. Its investments in CLOs may include investments in subordinated tranches of CLO securities. The Fund's investment adviser is Ares Capital Management II LLC.

Sales per Business

USD in Million2022Weight2023Weight Delta
Investment and Related Activities
100.0 %
23 100.0 % 33 100.0 % +39.61%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
23 100.0 % 33 100.0 % +39.61%

Managers

Managers TitleAgeSince
Chief Executive Officer 58 11-12-31
Director of Finance/CFO 47 15-12-31
Compliance Officer 48 18-12-31
Corporate Officer/Principal 42 -
General Counsel 49 16-12-31
Treasurer 59 16-03-31
Corporate Officer/Principal 70 11-12-31
Corporate Officer/Principal 50 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 82 13-12-31
Director/Board Member 73 11-12-31
Chairman 68 10-12-31
Chief Executive Officer 58 11-12-31
Director/Board Member 58 22-08-08

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 22,915,000 22,915,000 ( 100.00 %) 0 100.00 %

Shareholders

NameEquities%Valuation
Wells Fargo Advisors Financial Network LLC
3.893 %
891,976 3.893 % 12 M $
Cohen & Steers Capital Management, Inc.
2.805 %
642,693 2.805 % 9 M $
Morgan Stanley & Co. LLC
2.716 %
622,413 2.716 % 9 M $
Sit Investment Associates, Inc.
2.097 %
480,612 2.097 % 7 M $
Raymond James Financial Services, Inc.
1.667 %
381,886 1.667 % 5 M $
AJM Ventures LLC
1.565 %
358,566 1.565 % 5 M $
Hennion & Walsh Asset Management, Inc.
1.423 %
326,130 1.423 % 4 M $
Stifel, Nicolaus & Co., Inc.
1.387 %
317,775 1.387 % 4 M $
Advisors Asset Management, Inc.
1.171 %
268,248 1.171 % 4 M $
Foundations Investment Advisors LLC
1.136 %
260,207 1.136 % 4 M $
NameEquities%Valuation
Apollo Capital Management LP
45.00 %
360,000 45.00 % 5 M $
240,000 30.00 % 3 M $
NameEquities%Valuation
Principal Global Investors LLC
30.00 %
360,000 30.00 % 5 M $
Thrivent Financial for Lutherans (Investment Portfolio)
30.00 %
360,000 30.00 % 5 M $
Minnesota Mutual Cos., Inc.
18.58 %
223,000 18.58 % 3 M $
Apollo Capital Management LP
13.33 %
160,000 13.33 % 2 M $
NameEquities%Valuation
Thrivent Financial for Lutherans (Investment Portfolio)
20.00 %
400,000 20.00 % 6 M $
320,000 16.00 % 4 M $
The Guardian Life Insurance Co. of America (Invt Portfolio)
14.00 %
280,000 14.00 % 4 M $
Apollo Capital Management LP
12.00 %
240,000 12.00 % 3 M $

Company contact information

Ares Dynamic Credit Allocation Fund, Inc.

2000 Avenue of the Stars 12th floor

90067, Los Angeles

+310 201 4100

http://www.arespublicfunds.com
address Ares Dynamic Credit Allocation Fund, Inc.(ARDC)
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