- Ares Dynamic Credit Allocation Fund (ARDC, Financial) announces a monthly distribution of $0.1125 per common share for April 2025.
- The annualized distribution rate is approximately 10.54%, based on the current share price of $12.81.
- Important distribution dates include Ex-Date and Record Date on April 21, 2025, and Payable Date on April 30, 2025.
The Ares Dynamic Credit Allocation Fund, Inc. (ARDC) has declared a monthly distribution of $0.1125 per common share for April 2025. Shareholders should note the Ex-Date and Record Date, both set for April 21, 2025, with the Payable Date confirmed for April 30, 2025. Based on the fund's closing share price of $12.81 on April 10, 2025, this distribution reflects an annualized distribution rate of approximately 10.54%.
Investors are advised that distribution rates are provided for informational purposes and are not indicative of future results. The determination of future distributions, if any, will be at the discretion of the fund. In compliance with Section 19(a) of the Investment Company Act of 1940, notifications will be issued to shareholders should distributions draw from sources beyond undistributed net investment income.
ARDC is a closed-end management company managed by Ares Capital Management II LLC, focusing on total returns through current income and capital appreciation. The fund's net asset value can be accessed using its NASDAQ ticker symbol, XADCX. Further information is available at www.arespublicfunds.com.
