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Ares Dynamic Credit Allocation Fund, Inc. ARDC

Sector:

Financial Services

Industry:

Asset Management

Description:

Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income mutual fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It invests in the fixed income markets of Europe. 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, 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.
Ares Dynamic Credit Allocation Fund, Inc. website

Recent Quarter:

2024-06-29

Upcoming Quarter:

2025-05-30

Annual Reports

Date2023-12-31
Revenue 59,701,000
Net Income 56,352,000
EPS 2.46
Basic Shares 22,915,000
Diluted Shares 22,915,000
Report Link
Date2022-12-31
Revenue -43,423,000
Net Income -46,105,000
EPS -2.01
Basic Shares 22,915,000
Diluted Shares 22,915,000
Report Link
Date2021-12-31
Revenue 39,768,000
Net Income 37,135,000
EPS 1.62
Basic Shares 22,915,000
Diluted Shares 22,915,000
Report Link
Date2020-12-31
Revenue 9,896,989
Net Income 7,377,904
EPS 0.32
Basic Shares 22,914,939
Diluted Shares 22,914,939
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Date2019-12-31
Revenue 19,267,146
Net Income 18,741,425
EPS 0.2
Basic Shares 22,914,939
Diluted Shares 22,914,939
Report Link
Date2018-10-31
Revenue 20,560,788
Net Income 18,077,395
EPS 0.79
Basic Shares 22,882,778
Diluted Shares 22,882,778
Report Link
Date2017-10-31
Revenue 53,210,431
Net Income 50,513,082
EPS 2.2
Basic Shares 22,960,492
Diluted Shares 22,960,492
Report Link
Date2016-10-31
Revenue 6,958,530
Net Income 30,260,178
EPS 1.32
Basic Shares 22,991,775
Diluted Shares 22,991,775
Report Link

Annual Ratios

Date2023-12-31
PE 5.59
Dividend Yield 9.85
Payout Ratio: 55.100%
Date2022-12-31
PE -5.76
Dividend Yield 10.31
Payout Ratio: -59.393%
Date2021-12-31
PE 10.08
Dividend Yield 7.16
Payout Ratio: 72.196%
Date2020-12-31
PE 44.38
Dividend Yield 8.40
Payout Ratio: 372.706%
Date2019-12-31
PE 18.77
Dividend Yield 8.41
Payout Ratio: 157.754%
Date2018-10-31
PE 18.95
Dividend Yield 8.61
Payout Ratio: 163.225%
Date2017-10-31
PE 7.48
Dividend Yield 7.54
Payout Ratio: 56.376%
Date2016-10-31
PE 11.17
Dividend Yield 8.92
Payout Ratio: 99.649%

Quarterly Reports

Date2024-06-30
Revenue 15,626,000
Net Income 21,160,000
EPS 0.92
Basic Shares 22,915,000
Diluted Shares 22,915,000
Report Link
Date2023-12-31
Revenue 17,610,000
Net Income 31,853,000
EPS 1.39
Basic Shares 22,915,000
Diluted Shares 22,915,000
Report Link
Date2023-06-30
Revenue 14,648,000
Net Income 24,499,000
EPS 1.07
Basic Shares 22,915,000
Diluted Shares 22,915,000
Report Link
Date2022-12-31
Revenue 8,303,000
Net Income 5,543,000
EPS 0.24
Basic Shares 22,915,000
Diluted Shares 22,915,000
Report Link
Date2022-06-30
Revenue 15,790,000
Net Income 22,915,000
EPS 1
Basic Shares 22,915,000
Diluted Shares 22,915,000
Report Link
Date2021-12-31
Revenue 22,349,000
Net Income 22,915,000
EPS 1
Basic Shares 22,914,985
Diluted Shares 22,914,985
Report Link
Date2021-06-30
Revenue 22,893,000
Net Income 22,914,939
EPS 1
Basic Shares 22,914,970
Diluted Shares 22,914,970
Report Link
Date2020-12-31
Revenue 9,417,699
Net Income 22,914,939
EPS 1
Basic Shares 22,914,939
Diluted Shares 22,914,940
Report Link
Date2020-06-30
Revenue -3,688,483
Net Income 22,914,939
EPS 1
Basic Shares 22,914,939
Diluted Shares 22,914,940
Report Link
Date2019-12-31
Revenue 6,072,680
Net Income 18,718,530
EPS 0.82
Basic Shares 22,914,940
Diluted Shares 22,914,940
Report Link
Date2019-10-31
Revenue 22,568,168
Net Income 22,914,939
EPS 1
Basic Shares 22,914,939
Diluted Shares 22,914,940
Report Link
Date2019-04-30
Revenue 12,638,970
Net Income 7,645,469
EPS 0.33
Basic Shares 22,914,940
Diluted Shares 22,914,940
Report Link
Date2018-10-31
Revenue 22,175,120
Net Income 7,167,600
EPS 0.31
Basic Shares 22,962,440
Diluted Shares 22,962,440
Report Link
Date2018-04-30
Revenue 21,896,540
Net Income 10,786,290
EPS 0.47
Basic Shares 22,962,440
Diluted Shares 22,962,440
Report Link

Quarterly Ratios

Date2024-06-30
PE 4.04
Dividend Yield 4.73
Payout Ratio: 76.347%
Date2023-12-31
PE 2.47
Dividend Yield 5.05
Payout Ratio: 49.998%
Date2023-06-30
PE 2.88
Dividend Yield 5.35
Payout Ratio: 61.733%
Date2022-12-31
PE 11.98
Dividend Yield 5.26
Payout Ratio: 252.174%
Date2022-06-30
PE 3.05
Dividend Yield 4.79
Payout Ratio: 58.499%
Date2021-12-31
PE 4.08
Dividend Yield 3.58
Payout Ratio: 58.499%
Date2021-06-30
PE 4.04
Dividend Yield 3.62
Payout Ratio: 58.499%
Date2020-12-31
PE 3.57
Dividend Yield 4.09
Payout Ratio: 58.500%
Date2020-06-30
PE 2.98
Dividend Yield 5.16
Payout Ratio: 61.500%
Date2019-12-31
PE 4.70
Dividend Yield 1.40
Payout Ratio: 26.320%
Date2019-10-31
PE 3.62
Dividend Yield 4.45
Payout Ratio: 64.500%
Date2019-04-30
PE 11.39
Dividend Yield 4.24
Payout Ratio: 193.386%
Date2018-10-31
PE 11.99
Dividend Yield 4.31
Payout Ratio: 206.637%
Date2018-04-30
PE 8.71
Dividend Yield 3.91
Payout Ratio: 136.247%

RSI:

81.38

Price:

$15.27

Market Cap:

349,910,523

EPS TTM:

3.62

PE Ratio:

6.60

PEPSG:

NaN

Fwd PE:

NaN

Volume:

83,295

2 Year Price Change

1.274

Index 2 Year Price Change

1.497

5 Year Price Change

1.039

Index 5 Year Price Change

1.905
PESPG: Growth Rate of EPS projected to next quarter and 6 months trailing. Lower is better to help calculate nexts quarters PE Ratio today. Diluted shares effects the EPS reported and makes calculation show as extremely poor expected growth.

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EPS

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