- Ares Dynamic Credit Allocation Fund (ARDC, Financial) declares a monthly distribution of $0.1125 per share for July 2025.
- This distribution correlates to an annualized rate of approximately 9.43% based on the current share price of $14.31.
- The ex-dividend date is set for July 21, 2025, and the payment will be made on July 31, 2025.
Ares Dynamic Credit Allocation Fund, Inc. (ARDC) has announced a monthly distribution of $0.1125 per common share for July 2025. The dividend will be payable on July 31, 2025, to shareholders of record as of July 21, 2025. Based on the current share price of $14.31 as of July 10, 2025, this distribution represents an annualized distribution rate of approximately 9.43%.
While the distribution offers a high yield, the fund notes that future distributions are at the discretion of the management. The actual sources of the distributions for tax purposes will be determined after the fiscal year-end. A notice will be provided to shareholders if the distributions include amounts from sources other than undistributed net investment income.
The Ares Dynamic Credit Allocation Fund (ARDC, Financial) is focused on providing an attractive level of total return through current income and capital appreciation. Managed by Ares Capital Management II LLC, ARDC invests in a diversified portfolio of credit investments. The fund is listed on the New York Stock Exchange under the ticker ARDC, and additional information can be accessed on its website.
