ARDC (Ares Dynamic Credit Allocation Fund) Selling, General, & Admin. Expense: $2.48 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ARDC Ares Dynamic Credit Allocation Fund Inc ARDC
45 GF Score
Price $12.48
GF Value $8.66
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Ares Dynamic Credit Allocation Fund Selling, General, & Admin. Expense?

Ares Dynamic Credit Allocation Fund ARDC -0.79% 45 Selling, General, & Admin. Expense is $2.48 Mil as of Dec. 2025. GuruFocus rates ARDC with a GF Score™ of 45/100 and a GF Value™ of $8.66 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Ares Dynamic Credit Allocation Fund's selling, general, & admin. expense for the six months ended in Dec. 2025 was $1.21 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was $2.48 Mil.


Ares Dynamic Credit Allocation Fund  (NYSE:ARDC) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Ares Dynamic Credit Allocation Fund Selling, General, & Admin. Expense Related Terms


Ares Dynamic Credit Allocation Fund Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Ares Dynamic Credit Allocation Fund's Selling, General, & Admin. Expense 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.

Ares Dynamic Credit Allocation Fund Selling, General, & Admin. Expense Chart

Ares Dynamic Credit Allocation Fund Annual Data
Trend Oct17 Oct18 Oct19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only 2.04 2.41 2.83 2.30 2.48

Ares Dynamic Credit Allocation Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.61 1.04 1.26 1.27 1.21

ARDC vs KWY, HRZN, KF: Selling, General, & Admin. Expense Comparison

For the Asset Management subindustry, Ares Dynamic Credit Allocation Fund's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Ares Dynamic Credit Allocation Fund's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Ares Dynamic Credit Allocation Fund's Selling, General, & Admin. Expense falls into.


ARDC
45GF Score
Ares Dynamic Credit Allocation Fund Inc ARDC
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ares Dynamic Credit Allocation Fund Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2.48 Mil.

* 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.

What does a Selling, General, & Admin. Expense of $2.48 Mil mean?
Ares Dynamic Credit Allocation Fund (ARDC) has a Selling, General, & Admin. Expense of $2.48 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Ares Dynamic Credit Allocation Fund and its competitors.
Is Ares Dynamic Credit Allocation Fund's Selling, General, & Admin. Expense too high?
Ares Dynamic Credit Allocation Fund's current Selling, General, & Admin. Expense is $2.48 Mil. Overall, Ares Dynamic Credit Allocation Fund has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ares Dynamic Credit Allocation Fund's Selling, General, & Admin. Expense compare to KWY and HRZN?
Ares Dynamic Credit Allocation Fund's Selling, General, & Admin. Expense of $2.48 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for an Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Ares Dynamic Credit Allocation Fund and its competitors. Ares Dynamic Credit Allocation Fund's current Selling, General, & Admin. Expense is $2.48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ares Dynamic Credit Allocation Fund stock overvalued right now?
Based on GuruFocus' analysis, Ares Dynamic Credit Allocation Fund (ARDC) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.66, compared to a current price of $12.48 — trading 44.1% above its estimated fair value. The current Selling, General, & Admin. Expense is $2.48 Mil. Ares Dynamic Credit Allocation Fund's overall GF Score™ is 45/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Ares Dynamic Credit Allocation Fund (ARDC), the current Selling, General, & Admin. Expense is $2.48 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ares Dynamic Credit Allocation Fund (ARDC) Overvalued in 2026?

Based on GuruFocus' analysis, Ares Dynamic Credit Allocation Fund stock appears to be overvalued. The current stock price of $12.48 is trading 44.1% above its estimated GF Value™ of $8.66. GuruFocus considers Ares Dynamic Credit Allocation Fund to be Significantly Overvalued.

Key valuation signals for ARDC:

  • Selling, General, & Admin. Expense: $2.48 Mil
  • GF Value™: $8.66 vs. price of $12.48 (44.1% above fair value)
  • GF Score™: 45/100 with 8 warning signs

No single metric tells the full story. See the ARDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ares Dynamic Credit Allocation Fund Business Description

Address 1800 Avenue of the Stars, Suite 1400, Los Angeles, CA, USA, 90067
Ares Dynamic Credit Allocation Fund Inc is a closed-end, diversified, management investment company. The Fund's investment objective is to seek an attractive risk adjusted level of total return, through current income and, secondarily, through capital appreciation. The Fund invests in a broad, dynamically managed portfolio of (i) senior secured loans, (ii) corporate bonds, (iii) other fixed-income instruments, and (iv) securities issued by entities commonly referred to as collateralized loan obligations and other asset-backed securities.
45GF Score

Get the complete analysis for ARDC

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.48
Price
$8.66
GF Value