checkAd

     101  0 Kommentare Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1175 Per Share - Seite 2

    This press release is not intended to, and does not constitute, an offer to purchase or sell shares of ARDC.

    About Ares Dynamic Credit Allocation Fund, Inc.

    Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed portfolio of credit investments. There can be no assurance that ARDC will achieve its investment objective. ARDC's net asset value may be accessed through its NASDAQ ticker symbol, XADCX. Additional information is available at www.arespublicfunds.com.

    Forward-Looking Statements

    Statements included herein may constitute "forward-looking statements" within the meaning of the U.S. securities laws, and may relate to future events or our future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and others beyond the Fund's control. Ares Dynamic Credit Allocation Fund undertakes no duty to update any forward-looking statements made herein.

    This document is not an offer to sell securities and is not soliciting an offer to buy securities in any jurisdiction where the offer or sale is not permitted. An investor should consider the Fund's investment objective, risks, charges and expenses carefully before investing.

    Ares Dynamic Credit Allocation Fund is a closed-end fund, which does not engage in a continuous offering of its shares. Since its initial public offering, the Fund has traded on the New York Stock Exchange under the symbol ARDC. Investors wishing to purchase or sell shares may do so by placing orders through a broker dealer or other intermediary.

    Contact
    Ares Dynamic Credit Allocation Fund, Inc.
    John Stilmar
    jstilmar@aresmgmt.com
    (678) 538-1983
    or
    Destra Capital Advisors LLC
    ARDC@destracapital.com
    (877) 855-3434

    SOURCE: Ares Dynamic Credit Allocation Fund



    View the original press release on accesswire.com


    ARES DYNAMIC CR/COM at the time of publication of the news with a raise of +0,07 % to 13,99USD on NYSE Arca stock exchange (11. März 2024, 21:00 Uhr).
    Seite 2 von 2



    Accesswire
    0 Follower
    Autor folgen
    Mehr anzeigen
    We’re a newswire service standout and fast becoming an industry disruptor. We provide regional, national and global news to thousands of clients around the world. We’re also leading the way in social engagement, targeting and analytics.
    Mehr anzeigen

    Verfasst von Accesswire
    Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1175 Per Share - Seite 2 NEW YORK, NY / ACCESSWIRE / March 11, 2024 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of March 2024 of $0.1175 per common share, payable as noted below.The …