Ares Dynamic Credit Allocation Fund, Inc. (ARDC)
Company Info
| ISIN | US04014F1021 |
|---|---|
| Sector | Financial Services |
| Industry | Asset Management |
Highlights
Expense Ratio
ARDC has an expense ratio of 0.00%, indicating no management fees are charged.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: ARDC vs. ARCC, ARDC vs. IQQQ, ARDC vs. SVOL, ARDC vs. QQQI, ARDC vs. OXLC, ARDC vs. CTA, ARDC vs. JEPQ, ARDC vs. PDBC, ARDC vs. jepq, ARDC vs. suri
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 19.10% year-to-date (YTD) and 31.69% in the last 12 months. Over the past 10 years, Ares Dynamic Credit Allocation Fund, Inc. had an annualized return of 8.28%, while the S&P 500 had an annualized return of 11.41%, indicating that Ares Dynamic Credit Allocation Fund, Inc. did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 19.10% | 25.70% |
| 1 month | -0.73% | 3.51% |
| 6 months | 8.49% | 14.80% |
| 1 year | 31.69% | 37.91% |
| 5 years (annualized) | 10.44% | 14.18% |
| 10 years (annualized) | 8.28% | 11.41% |
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% | -0.48% | 19.10% | ||
| 2023 | 10.37% | 0.78% | -4.64% | 1.94% | -1.55% | 5.56% | 4.19% | 1.13% | 2.03% | -4.51% | 6.39% | 7.85% | 32.35% |
| 2022 | -3.83% | -5.16% | -1.17% | -1.68% | -4.11% | -8.34% | 7.17% | 1.47% | -9.30% | -0.13% | 6.41% | -4.73% | -22.21% |
| 2021 | 2.22% | 2.39% | 2.49% | 2.72% | 3.64% | 2.96% | -1.32% | 3.33% | -0.03% | 1.71% | -2.35% | 3.42% | 23.12% |
| 2020 | 2.20% | -5.97% | -24.91% | 0.62% | 10.36% | 2.18% | 4.18% | 2.81% | 1.56% | -1.07% | 9.39% | 6.42% | 2.56% |
| 2019 | 6.81% | 2.38% | 0.52% | 3.16% | -0.28% | 1.25% | 1.84% | -1.71% | 0.52% | -2.11% | 2.81% | 4.61% | 21.26% |
| 2018 | -0.32% | 0.73% | 0.48% | 1.40% | 1.09% | -1.42% | -0.95% | 0.48% | -1.04% | -2.93% | 0.11% | -6.54% | -8.80% |
| 2017 | 4.48% | 2.71% | 0.96% | 1.83% | 0.70% | 1.43% | 1.14% | 0.16% | 0.96% | 0.95% | 0.47% | 0.64% | 17.63% |
| 2016 | -4.54% | -2.36% | 10.34% | 3.84% | 1.83% | -0.43% | 5.71% | 1.34% | 3.00% | -0.31% | 0.37% | 3.64% | 23.90% |
| 2015 | 1.81% | 4.12% | -0.93% | 0.84% | -0.70% | -3.78% | -0.50% | -3.25% | -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% | -1.24% | 2.19% | -3.22% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of ARDC is 95, placing it in the top 5% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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 9.38% dividend yield over the last twelve months, with an annual payout of $1.42 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 | $1.42 | $1.36 | $1.20 | $1.18 | $1.21 | $1.30 | $1.30 | $1.25 | $1.28 | $1.40 | $1.40 | $1.40 |
Dividend yield | 9.38% | 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 | $0.00 | $1.18 | |
| 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 1.19%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -45.4% | Feb 24, 2020 | 18 | Mar 18, 2020 | 211 | Jan 19, 2021 | 229 |
| -26.48% | 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 |
| -16.93% | May 22, 2018 | 149 | Dec 21, 2018 | 105 | May 24, 2019 | 254 |
| -6.38% | 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 2.49%, 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..
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Income Statement
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