Ares Dynamic Credit Allocation Fund (Ares Dynamic Credit Allocation Fund) FCF Yield % : 12.16 (As of Apr. 30, 2024)

View and export this data going back to . Start your Free Trial

What is Ares Dynamic Credit Allocation Fund FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Ares Dynamic Credit Allocation Fund's Trailing 12-Month Free Cash Flow is $38.79 Mil, and Market Cap is $318.98 Mil. Therefore, Ares Dynamic Credit Allocation Fund's FCF Yield % for today is 12.16%.

The historical rank and industry rank for Ares Dynamic Credit Allocation Fund's FCF Yield % or its related term are showing as below:

ARDC' s FCF Yield % Range Over the Past 10 Years
Min: -12.29 Med: 9.26 Max: 28.83
Current: 12.16

During the past 7 years, the highest FCF Yield % of Ares Dynamic Credit Allocation Fund was 28.83%. The lowest was -12.29%. And the median was 9.26%.

ARDC's FCF Yield % is ranked better than
79.42% of 1594 companies
in the Asset Management industry
Industry Median: 3.21 vs ARDC: 12.16

Ares Dynamic Credit Allocation Fund's FCF Margin % for the quarter that ended in Dec. 2023 was 169.81%.

Ares Dynamic Credit Allocation Fund FCF Yield % Historical Data

The historical data trend for Ares Dynamic Credit Allocation Fund's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ares Dynamic Credit Allocation Fund FCF Yield % Chart

Ares Dynamic Credit Allocation Fund Annual Data

Trend

Oct17

Oct18

Oct19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

Get a 7-Day Free Trial

6.36

10.35

-8.49

28.44

12.31

Ares Dynamic Credit Allocation Fund Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
FCF Yield %	Get a 7-Day Free Trial								-25.54	33.23	21.90	-13.09	36.36

Competitive Comparison of Ares Dynamic Credit Allocation Fund's FCF Yield %

For the Asset Management subindustry, Ares Dynamic Credit Allocation Fund's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ares Dynamic Credit Allocation Fund's FCF Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ares Dynamic Credit Allocation Fund's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Ares Dynamic Credit Allocation Fund's FCF Yield % falls into.

Ares Dynamic Credit Allocation Fund FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Ares Dynamic Credit Allocation Fund's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	38.79	/	315.08125
	=	12.31%

Ares Dynamic Credit Allocation Fund's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	57.283	*	2	/	315.08125
	=	36.36%

Ares Dynamic Credit Allocation Fund FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Ares Dynamic Credit Allocation Fund FCF Yield % Related Terms

Thank you for viewing the detailed overview of Ares Dynamic Credit Allocation Fund's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ares Dynamic Credit Allocation Fund (Ares Dynamic Credit Allocation Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ares Dynamic Credit Allocation Fund Inc (NYSE:ARDC) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2000 Avenue of the Stars, 12th Floor, Los Angeles, CA, USA, 90067

Website

https://www.arespublicfunds.com

Ares Dynamic Credit Allocation Fund Inc is a closed-end, diversified management investment company. The fund's investment objective is to provide an attractive level of total return, through current income and, secondarily, through capital appreciation. The Fund invests in a broad, dynamically managed portfolio of senior secured loans (Senior Loans) made to companies whose debt is rated below investment grade; corporate bonds (Corporate Bonds) that are high yield issues rated below investment grade; other fixed-income instruments of a similar nature that may be represented by derivatives; and securities of collateralized loan obligations (CLOs).

Executives

John Joseph Shaw	director	C/O ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Elaine Orr	director	143 MAGNOLIA AVENUE, MILLBRAE CA 94030
Bruce H Spector	director	APOLLO ADVISORS LP, 2 MANHATTANVILLE ROAD, PURCHASE NY 10577
Thrivent Financial For Lutherans	10 percent owner	901 MARQUETTE AVENUE, SUITE 2500, MINNEAPOLIS MN 55402-3211
Aviva Life & Annuity Co	10 percent owner	7700 MILLS CIVIC PARKWAY, WEST DES MOINES IA 50266
Aisg Gp Ltd.	10 percent owner	C/O WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTER, 27 HOSPITAL RD, GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Athene Usa Corp	10 percent owner	7700 MILLS CIVIC PARWAY, WEST DES MOINES IA 50266
Apollo Management Holdings Gp, Llc	10 percent owner	9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Athene Holding Ltd	10 percent owner	SECOND FLOOR, WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Apollo Insurance Solutions Group Lp	10 percent owner	2121 ROSECRANS AVE, STE 5300, EL SEGUNDO CA 90245
Athene Annuity & Life Assurance Co	10 percent owner	400 BROOKFIELD PARKWAY, GREENVILLE SC 29607
Sun Life Assurance Co Of Canada	10 percent owner	ONE YORK STREET, TORONTO A6 M5J 0B6
Apollo Management Holdings, L.p.	10 percent owner	9 W. 57TH STREET, NEW YORK NY 10019
Apollo Capital Management Gp, Llc	10 percent owner	9 WEST 57TH STREET, NEW YORK NY 10019
Apollo Capital Management, L.p.	10 percent owner	9 WEST 57TH STREET, NEW YORK NY 10019