Ares Dynamic Credit Allocation Fund, Inc. Declares Monthly Distributions for the Next Three Months Payable January 31, 2019, February 28, 2019 and March 29, 2019
January 11, 2019 at 08:00 am EST
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Ares Dynamic Credit Allocation Fund, Inc. announced the declaration of monthly distributions of $0.1075 per common share for each month for the next three months. Dividend for the month of January 2019 is payable on January 31, 2019 for the holders of record date on January 22, 2019 and with ex-date of January 18, 2019. Dividend for the month of February 2019 is payable on February 28, 2019 for the holders of record date on February 20, 2019 and with ex-date of February 19, 2019. Dividend for the month of March 2019 is payable on March 29, 2019 for the holders of record date on March 20, 2019 and with ex-date of March 19, 2019.
Ares Dynamic Credit Allocation Fund, Inc. (the Fund) is a closed end, diversified, management investment company. The Fund's investment objective is to seek an attractive risk adjusted level of total return, primarily through current income and secondarily, through capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in a broad, dynamically managed portfolio of senior secured loans (Senior Loans) made primarily to companies whose debt is rated below investment grade; corporate bonds (Corporate Bonds) that are primarily high yield issues rated below investment grade; other fixed-income instruments of a similar nature that may be represented by derivatives, and securities issued by entities commonly referred to as collateralized loan obligations (CLOs) and other asset-backed securities. Its investments in CLOs may include investments in subordinated tranches of CLO securities. The Fund's investment adviser is Ares Capital Management II LLC.
Ares Dynamic Credit Allocation Fund, Inc. Declares Monthly Distributions for the Next Three Months Payable January 31, 2019, February 28, 2019 and March 29, 2019
ARES DYNAMIC CREDIT ALLOCATION FUND, INC. 
