|Day's Range||16.38 - 16.45|
|52 Week Range||14.03 - 16.55|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Ares Dynamic Credit Allocation Fund, Inc. announced an increase to its monthly distribution rate from the previous rate of $0.1025 per common share to $0.1050 per common share in order to better align the Funds’ distribution rate with its current and projected level of earnings.
Ann Kono is Partner, CIO and Chief Risk Officer of Ares Management. In her roughly ten years with the company, she has helped usher in remarkable growth , stave off risk, especially since the economic crisis of 2008, helped the company go public six years later, and usher in an innovation agenda.
Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. as of May 31, 2017 is now available via www.arespublicfunds.com.