Company
Ares Dynamic Credit Allocation Fund, Inc.
Headquarters: Los Angeles, CA, United States
Market Cap
$313.2 Million
USD as of Jan. 1, 2024
Ares Dynamic Credit Allocation Fund, Inc. Categories
United States Financials Asset ManagementUnited States Financials United States Asset Management
Top Competitors by Market Capitalization
Industry: Asset Management
| Company | Market Cap (USD) |
|---|---|
| Blackstone | $147.99 B |
| BlackRock | $116.92 B |
| KKR & Co. Inc. | $71.02 B |
| Brookfield Corporation | $60.42 B |
| The Bank of New York Mellon Corporation | $40.00 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $797.77 B |
| Visa | $530.20 B |
| JPMorgan | $495.55 B |
| Mastercard | $392.71 B |
| Bank of America | $267.48 B |
Detailed 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.
Top 1-year algo backtest: +181.22%
$10,000 in June 2023 would now be $28,122 by following this algorithm daily at market close.
Boost your stocks returns with Disfold AI... Now!
Try Disfold AI for FREE
Stocks & Indices
Ares Dynamic Credit Allocation Fund, Inc. has the following listings and related stock indices.
Stock: NYSE: ARDC wb_incandescent