Ares Dynamic Credit Allocation Fund, Inc. Declares Monthly Distributions for the Next Three Months, Payable January 31, 2020, February 28, 2020, March 31, 2020, Respectively
January 10, 2020 at 05:00 pm IST
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Ares Dynamic Credit Allocation Fund, Inc. declared monthly distributions for the next three months of $0.1075 per common share, payable January 31, 2020, February 28, 2020, March 31, 2020, respectively. Record dates are January 22, 2020, February 21, 2020, March 20, 2020. Ex-dates are January 21, 2020, February 20, 2020, March 19, 2020.
Ares Dynamic Credit Allocation Fund, Inc. (the Fund) is a closed end, diversified, management investment company. The Fund's investment objective is to seek an attractive risk adjusted level of total return, primarily through current income and secondarily, through capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in a broad, dynamically managed portfolio of senior secured loans (Senior Loans) made primarily to companies whose debt is rated below investment grade; corporate bonds (Corporate Bonds) that are primarily high yield issues rated below investment grade; other fixed-income instruments of a similar nature that may be represented by derivatives, and securities issued by entities commonly referred to as collateralized loan obligations (CLOs) and other asset-backed securities. Its investments in CLOs may include investments in subordinated tranches of CLO securities. The Fund's investment adviser is Ares Capital Management II LLC.
Ares Dynamic Credit Allocation Fund, Inc. Declares Monthly Distributions for the Next Three Months, Payable January 31, 2020, February 28, 2020, March 31, 2020, Respectively
ARES DYNAMIC CREDIT ALLOCATION FUND, INC. 
