Ares Dynamic Credit Allocation Fund (Ares Dynamic Credit Allocation Fund) 5-Year Yield-on-Cost %

: 10.01 (As of Today)

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Ares Dynamic Credit Allocation Fund's yield on cost for the quarter that ended in Dec. 2023 was 10.01.

The historical rank and industry rank for Ares Dynamic Credit Allocation Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

ARDC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.63 Med: 8.66 Max: 13.12
Current: 10.01

During the past 7 years, Ares Dynamic Credit Allocation Fund's highest Yield on Cost was 13.12. The lowest was 0.63. And the median was 8.66.

ARDC's 5-Year Yield-on-Cost % is ranked better than
76.61% of 1214 companies
in the Asset Management industry
Industry Median: 6.06 vs ARDC: 10.01

Competitive Comparison

For the Asset Management subindustry, Ares Dynamic Credit Allocation Fund's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution

For the Asset Management industry and Financial Services sector, Ares Dynamic Credit Allocation Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Ares Dynamic Credit Allocation Fund's 5-Year Yield-on-Cost % falls into.

Ares Dynamic Credit Allocation Fund 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Ares Dynamic Credit Allocation Fund is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Ares Dynamic Credit Allocation Fund (NYSE:ARDC) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Ares Dynamic Credit Allocation Fund 5-Year Yield-on-Cost % Related Terms

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Ares Dynamic Credit Allocation Fund (Ares Dynamic Credit Allocation Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ares Dynamic Credit Allocation Fund Inc (NYSE:ARDC) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2000 Avenue of the Stars, 12th Floor, Los Angeles, CA, USA, 90067

Website

https://www.arespublicfunds.com

Ares Dynamic Credit Allocation Fund Inc is a closed-end, diversified management investment company. The fund's investment objective is to provide an attractive level of total return, through current income and, secondarily, through capital appreciation. The Fund invests in a broad, dynamically managed portfolio of senior secured loans (Senior Loans) made to companies whose debt is rated below investment grade; corporate bonds (Corporate Bonds) that are high yield issues rated below investment grade; other fixed-income instruments of a similar nature that may be represented by derivatives; and securities of collateralized loan obligations (CLOs).

Executives

John Joseph Shaw	director	C/O ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Elaine Orr	director	143 MAGNOLIA AVENUE, MILLBRAE CA 94030
Bruce H Spector	director	APOLLO ADVISORS LP, 2 MANHATTANVILLE ROAD, PURCHASE NY 10577
Thrivent Financial For Lutherans	10 percent owner	901 MARQUETTE AVENUE, SUITE 2500, MINNEAPOLIS MN 55402-3211
Aviva Life & Annuity Co	10 percent owner	7700 MILLS CIVIC PARKWAY, WEST DES MOINES IA 50266
Aisg Gp Ltd.	10 percent owner	C/O WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTER, 27 HOSPITAL RD, GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Athene Usa Corp	10 percent owner	7700 MILLS CIVIC PARWAY, WEST DES MOINES IA 50266
Apollo Management Holdings Gp, Llc	10 percent owner	9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Athene Holding Ltd	10 percent owner	SECOND FLOOR, WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Apollo Insurance Solutions Group Lp	10 percent owner	2121 ROSECRANS AVE, STE 5300, EL SEGUNDO CA 90245
Athene Annuity & Life Assurance Co	10 percent owner	400 BROOKFIELD PARKWAY, GREENVILLE SC 29607
Sun Life Assurance Co Of Canada	10 percent owner	ONE YORK STREET, TORONTO A6 M5J 0B6
Apollo Management Holdings, L.p.	10 percent owner	9 W. 57TH STREET, NEW YORK NY 10019
Apollo Capital Management Gp, Llc	10 percent owner	9 WEST 57TH STREET, NEW YORK NY 10019
Apollo Capital Management, L.p.	10 percent owner	9 WEST 57TH STREET, NEW YORK NY 10019