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Ares Dynamic Credit Allocation Fund Announces May 2025 Distribution of $0.1125 Per Share
ByAinvest
Friday, May 9, 2025 4:20 pm ET1min read
Ares Dynamic Credit Allocation Fund has declared a monthly distribution of $0.1125 per share for May 2025. The ex-date, record date, and payable date are May 19, 2025, May 19, 2025, and May 30, 2025, respectively. The distribution represents an annualized distribution rate of approximately 9.81%. The timing and amount of future distributions are at the discretion of the fund.
Ares Dynamic Credit Allocation Fund (ARDC) has announced a monthly distribution of $0.1125 per common share for May 2025. The ex-date, record date, and payable date are all set for May 19, 2025, with the distribution payable on May 30, 2025. This distribution represents an annualized distribution rate of approximately 9.81%, based on the Fund's current share price of $13.76 as of May 8, 2025 [2].The fund, managed by Ares Capital Management II LLC, aims to provide an attractive level of total return through current income and capital appreciation by investing in a dynamically-managed portfolio of credit investments. The timing and amount of future distributions are subject to the fund's discretion [2].
Investors should note that the distribution rate is an estimate and may not reflect the actual yield or total return on an investment in the Fund. The fund is required to provide notice if a portion of the monthly distribution is derived from sources other than undistributed net investment income. The actual amounts and sources of distributions for tax reporting purposes will depend on the fund's investment performance and may be subject to change based on tax regulations [2].
For further information, investors can visit the fund's website at www.arespublicfunds.com or contact the fund's representatives. ARDC is a closed-end fund trading on the New York Stock Exchange under the symbol ARDC. Investors interested in purchasing or selling shares can do so through a broker dealer or other intermediary [2].
References:
[1] https://stockanalysis.com/stocks/ardc/dividend/
[2] https://www.stocktitan.net/news/ARDC/ares-dynamic-credit-allocation-fund-declares-a-monthly-distribution-mee41jrhs56u.html
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