- Ares Dynamic Credit Allocation Fund (ARDC, Financial) declares a monthly distribution of $0.1125 per share for May 2025.
- The distribution reflects an annualized rate of approximately 9.81%, based on the current share price of $13.76.
- Key dates: Ex-dividend and record date on May 19, 2025; payable on May 30, 2025.
The Ares Dynamic Credit Allocation Fund, Inc. (ARDC) has announced a monthly distribution of $0.1125 per common share for May 2025. Shareholders can expect the payment on May 30, 2025, with the ex-dividend and record date set for May 19, 2025.
With the Fund's current share price at $13.76 as of May 8, 2025, this distribution translates into an annualized distribution rate of approximately 9.81%. This rate is derived by annualizing the distributed amount and dividing it by the share's current market price.
It is important to note that the stated distribution rate is for informational purposes and does not guarantee future results. The timing and amount of future distributions are at the Fund's discretion. Notices regarding the distribution sources will be shared with stockholders if distributions are derived from other sources beyond undistributed net investment income.
Investors should consider the Fund's investment objective, risks, charges, and expenses carefully before investing. Ares Dynamic Credit Allocation Fund trades under the ticker ARDC and is managed externally by Ares Capital Management II LLC.
