Ares动态信贷分配基金(纽约证券交易所代码：ARDC)股价跌破200日移动均线12.23美元

Shares of Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC – Get Rating) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $12.23 and traded as low as $11.54. Ares Dynamic Credit Allocation Fund shares last traded at $11.66, with a volume of 130,809 shares.

Ares Dynamic Credit Allocation Fund Price Performance

The business has a fifty day moving average of $11.87 and a 200-day moving average of $12.23.

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Ares Dynamic Credit Allocation Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 30th. Investors of record on Monday, December 19th were issued a $0.1025 dividend. This represents a $1.23 dividend on an annualized basis and a yield of 10.55%. The ex-dividend date of this dividend was Friday, December 16th.

Hedge Funds Weigh In On Ares Dynamic Credit Allocation Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ARDC. Capital Wealth Alliance LLC bought a new position in Ares Dynamic Credit Allocation Fund during the 2nd quarter valued at $31,000. Steward Partners Investment Advisory LLC bought a new position in Ares Dynamic Credit Allocation Fund during the 2nd quarter valued at $55,000. Camelot Portfolios LLC bought a new position in Ares Dynamic Credit Allocation Fund during the 3rd quarter valued at $122,000. Envestnet Asset Management Inc. bought a new position in Ares Dynamic Credit Allocation Fund during the 3rd quarter valued at $126,000. Finally, Goldman Sachs Group Inc. bought a new position in Ares Dynamic Credit Allocation Fund during the 1st quarter valued at $212,000.

About Ares Dynamic Credit Allocation Fund

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Ares Dynamic Credit Allocation Fund, Inc is a closed-ended fixed income mutual fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It invests in the fixed income markets of Europe. The fund primarily invests in debt instruments such as senior loans made primarily to companies whose debt is rated below investment grade, corporate bonds that are primarily high yield issues rated below investment grade, debt securities issued by CLOs, and other fixed-income instruments.

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