Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.
July 20 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 June 30, 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 billion1 of assets
under management and more than 15 offices in the United States,
Europe and Asia as of March 31, 2016. 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.
1 As of March 31, 2016, 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/20160720005272/en/
Mendel Communications LLCBill Mendel,
212-397-1030bill@mendelcommunications.comorDestra Capital
Investments877-855-3434ARDC@destracapital.comwww.arespublicfunds.com
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