Ares Dynamic Credit Allocation Fund, Inc. (ARDC)
Company Info
Highlights
Expense Ratio
ARDC has an expense ratio of 0.00%, indicating no management fees are charged.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Ares Dynamic Credit Allocation Fund, Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Ares Dynamic Credit Allocation Fund, Inc. had a return of 18.79% year-to-date (YTD) and 22.17% in the last 12 months. Over the past 10 years, Ares Dynamic Credit Allocation Fund, Inc. had an annualized return of 8.68%, while the S&P 500 had an annualized return of 11.06%, indicating that Ares Dynamic Credit Allocation Fund, Inc. did not perform as well as the benchmark.
ARDC
18.79%
-1.40%
5.88%
22.17%
9.64%
8.68%
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of ARDC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.62% | 3.73% | 4.05% | -1.13% | 4.93% | 3.37% | 3.22% | 1.57% | 0.19% | -0.47% | 2.45% | 18.79% | |
| 2023 | 10.37% | 0.78% | -4.64% | 1.95% | -1.55% | 5.57% | 4.19% | 1.13% | 2.03% | -4.51% | 6.39% | 7.85% | 32.42% |
| 2022 | -3.82% | -5.16% | -1.16% | -1.68% | -4.11% | -8.34% | 7.17% | 1.48% | -9.29% | -0.13% | 6.41% | -4.72% | -22.18% |
| 2021 | 2.22% | 2.40% | 2.49% | 2.72% | 3.65% | 2.96% | -1.32% | 3.33% | -0.02% | 1.72% | -2.34% | 3.42% | 23.17% |
| 2020 | 2.20% | -5.97% | -24.91% | 0.62% | 10.36% | 2.19% | 4.19% | 2.81% | 1.56% | -1.07% | 9.40% | 6.42% | 2.61% |
| 2019 | 6.82% | 2.38% | 0.52% | 3.17% | -0.28% | 1.25% | 1.84% | -1.71% | 0.52% | -2.10% | 2.82% | 4.61% | 21.31% |
| 2018 | -0.31% | 0.73% | 0.48% | 1.41% | 1.09% | -1.41% | -0.95% | 0.48% | -1.04% | -2.93% | 0.12% | -6.54% | -8.77% |
| 2017 | 4.48% | 2.71% | 0.97% | 1.83% | 0.70% | 1.43% | 1.14% | 0.16% | 0.96% | 0.95% | 0.47% | 0.64% | 17.65% |
| 2016 | -4.54% | -2.36% | 10.34% | 3.84% | 1.83% | -0.44% | 5.72% | 1.34% | 3.01% | -0.30% | 0.37% | 3.64% | 23.93% |
| 2015 | 1.81% | 4.12% | -0.93% | 0.84% | -0.70% | -3.78% | -0.50% | -3.26% | -3.07% | 3.71% | -4.90% | -0.51% | -7.35% |
| 2014 | 2.70% | 0.04% | -0.02% | 1.65% | 0.53% | 0.26% | -2.55% | 0.90% | -2.92% | -0.37% | -0.25% | -4.56% | -4.70% |
| 2013 | -3.37% | 2.96% | 2.29% | 0.09% | 0.49% | -4.88% | 1.74% | -0.81% | -2.70% | 0.32% | -1.23% | 2.18% | -3.22% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 94, ARDC is among the top 6% of stocks on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Ares Dynamic Credit Allocation Fund, Inc. (ARDC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Ares Dynamic Credit Allocation Fund, Inc. provided a 8.69% dividend yield over the last twelve months, with an annual payout of $1.30 per share. The company has been increasing its dividends for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.30 | $1.36 | $1.20 | $1.18 | $1.21 | $1.30 | $1.30 | $1.25 | $1.28 | $1.40 | $1.40 | $1.40 |
Dividend yield | 8.69% | 9.90% | 10.36% | 7.20% | 8.44% | 8.44% | 9.39% | 7.60% | 8.47% | 10.51% | 8.87% | 7.81% |
Monthly Dividends
The table displays the monthly dividend distributions for Ares Dynamic Credit Allocation Fund, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.00 | $1.30 |
| 2023 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.12 | $0.12 | $0.12 | $0.12 | $1.36 |
| 2022 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $1.20 |
| 2021 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $1.18 |
| 2020 | $0.11 | $0.11 | $0.11 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $1.21 |
| 2019 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $1.30 |
| 2018 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $1.30 |
| 2017 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $1.25 |
| 2016 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $1.28 |
| 2015 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $1.40 |
| 2014 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $1.40 |
| 2013 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $1.40 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Ares Dynamic Credit Allocation Fund, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Ares Dynamic Credit Allocation Fund, Inc. was 45.40%, occurring on Mar 18, 2020. Recovery took 211 trading sessions.
The current Ares Dynamic Credit Allocation Fund, Inc. drawdown is 4.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -45.4% | Feb 24, 2020 | 18 | Mar 18, 2020 | 211 | Jan 19, 2021 | 229 |
| -26.46% | Jan 7, 2022 | 194 | Oct 14, 2022 | 296 | Dec 19, 2023 | 490 |
| -24.65% | May 14, 2013 | 692 | Feb 10, 2016 | 209 | Dec 7, 2016 | 901 |
| -16.91% | May 22, 2018 | 149 | Dec 21, 2018 | 105 | May 24, 2019 | 254 |
| -6.37% | Sep 23, 2021 | 62 | Dec 20, 2021 | 8 | Dec 31, 2021 | 70 |
Volatility
Volatility Chart
The current Ares Dynamic Credit Allocation Fund, Inc. volatility is 2.70%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Ares Dynamic Credit Allocation Fund, Inc..
Loading data...
Income Statement
| TTM | |
|---|---|
Revenue | |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |