ARDC (Ares Dynamic Credit Allocation Fund) Shares Outstanding (Basic Average): 23.27 Mil (As of Dec. 2025)


ARDC Ares Dynamic Credit Allocation Fund Inc ARDC
43 GF Score
Price $12.55
GF Value $8.66
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Ares Dynamic Credit Allocation Fund Shares Outstanding (Basic Average)?

Ares Dynamic Credit Allocation Fund ARDC +0.08% 43 Shares Outstanding (Basic Average) is 23.27 Mil as of Dec. 2025. GuruFocus rates ARDC with a GF Score™ of 43/100 and a GF Value™ of $8.66 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Ares Dynamic Credit Allocation Fund's average basic shares outstanding for the quarter that ended in Dec. 2025 was 23.27 Mil.

Ares Dynamic Credit Allocation Fund  (NYSE:ARDC) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Ares Dynamic Credit Allocation Fund Shares Outstanding (Basic Average) Related Terms

Ares Dynamic Credit Allocation Fund Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Ares Dynamic Credit Allocation Fund's Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) Chart

Ares Dynamic Credit Allocation Fund Annual Data
Trend Oct17 Oct18 Oct19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only 22.92 22.94 22.91 22.88 23.31

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
Shares Outstanding (Basic Average) 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 22.92 22.75 23.01 23.35 23.27
ARDC
43GF Score
Ares Dynamic Credit Allocation Fund Inc ARDC
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ares Dynamic Credit Allocation Fund Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 23.27 Mil mean?
Ares Dynamic Credit Allocation Fund (ARDC) has a Shares Outstanding (Basic Average) of 23.27 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Ares Dynamic Credit Allocation Fund and its competitors.
Is Ares Dynamic Credit Allocation Fund's Shares Outstanding (Basic Average) too high?
Ares Dynamic Credit Allocation Fund's current Shares Outstanding (Basic Average) is 23.27 Mil. Overall, Ares Dynamic Credit Allocation Fund has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ares Dynamic Credit Allocation Fund's Shares Outstanding (Basic Average) compare to FUND and NCA?
Ares Dynamic Credit Allocation Fund's Shares Outstanding (Basic Average) of 23.27 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 Shares Outstanding (Basic Average) for an Asset Management company?
A good Shares Outstanding (Basic Average) depends on the Asset Management industry context. However, Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Ares Dynamic Credit Allocation Fund and its competitors. Ares Dynamic Credit Allocation Fund's current Shares Outstanding (Basic Average) is 23.27 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 $12.55 — trading 44.9% above its estimated fair value. The current Shares Outstanding (Basic Average) is 23.27 Mil. Ares Dynamic Credit Allocation Fund's overall GF Score™ is 43/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Ares Dynamic Credit Allocation Fund (ARDC), the current Shares Outstanding (Basic Average) is 23.27 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 $12.55 is trading 44.9% above its estimated GF Value™ of $8.66. GuruFocus considers Ares Dynamic Credit Allocation Fund to be Significantly Overvalued.

Key valuation signals for ARDC:

  • Shares Outstanding (Basic Average): 23.27 Mil
  • GF Value™: $8.66 vs. price of $12.55 (44.9% above fair value)
  • GF Score™: 43/100 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.
43GF Score

Get the complete analysis for ARDC

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.55
Price
$8.66
GF Value