Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.
February 19 2016 - 8:00AM
Business Wire
Ares Capital Management II LLC today announced that monthly fund
composition and performance data for Ares Dynamic Credit Allocation
Fund, Inc. (NYSE: ARDC) as of January 31, 2016 is now
available via www.arespublicfunds.com.
About Ares Dynamic Credit Allocation Fund, Inc.Ares
Dynamic Credit Allocation Fund, Inc. (“ARDC”) is a closed-end
management company that is externally managed by Ares Capital
Management II LLC, a subsidiary of Ares Management, L.P. ARDC seeks
to provide an attractive level of total return, primarily through
current income and, secondarily, through capital appreciation. ARDC
invests in a broad, dynamically-managed portfolio of credit
investments. There can be no assurance that ARDC will achieve its
investment objective. ARDC’s net asset value may be accessed
through its NASDAQ ticker symbol, XADCX. Additional information is
available at www.arespublicfunds.com.
About Ares Management, L.P.Ares Management, L.P. (NYSE:
ARES) is a leading global alternative asset manager with
approximately $94 billioni of assets under management and more than
15 offices in the United States, Europe and Asia as of December 31,
2015. Since its inception in 1997, Ares has adhered to a
disciplined investment philosophy that focuses on delivering strong
risk-adjusted investment returns throughout market cycles. Ares
believes each of its three distinct but complementary investment
groups in Credit, Private Equity and Real Estate is a market leader
based on assets under management and investment performance. Ares
was built upon the fundamental principle that each group benefits
from being part of the greater whole.
This document is not an offer to sell securities and is not
soliciting an offer to buy securities in any jurisdiction where the
offer or sale is not permitted. An investor should consider the
investment objective, risks, charges and expenses of ARDC carefully
before investing.
ARDC is a closed-end fund, which does not engage in continuous
offerings of its shares. Since its initial public offering, ARDC
has traded on the New York Stock Exchange under the symbol
ARDC. Investors wishing to purchase or sell shares may do so
by placing orders through a broker dealer or other
intermediary.
i As of December 31, 2015, AUM amounts include capital available
to vehicles managed or co-managed by Ares, including funds managed
by Ivy Hill Asset Management, L.P., a wholly owned portfolio
company of Ares Capital Corporation and a registered investment
adviser.
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version on businesswire.com: http://www.businesswire.com/news/home/20160219005076/en/
Mendel Communications LLCBill Mendel,
212-397-1030bill@mendelcommunications.comorDestra Capital
InvestmentsARDC@destracapital.com(877)
855-3434www.arespublicfunds.com
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