NYSE | FUND
Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income fund launched by Ares Management LLC.
The fund is managed by Ares Capital Management II LLC.
It primarily invests in theU. S. securities and companies.
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, equity securities of CLOs and debt securities issued by CLOs, and other fixed-income instruments.
It focuses on such factors as the overall macroeconomic environment, financial markets, and company specific research and analysis, to create its portfolio.
Ares Dynamic Credit Allocation Fund, Inc. was formed on November 27, 2012 and is domiciled in the United States..
Top 20 Holdings
| Name | Weight |
|---|---|
| TransDigm, Inc. 8% 8% | 1.85% |
| Belo Corp. 7.25% 7.25% | 1.84% |
| Powerteam Services LLC 9.03% 9.03% | 1.68% |
| Seagate HDD Cayman 5.75% 5.75% | 1.66% |
| Msg National Properties, Llc Term Loan | 1.63% |
| Tallgrass Energy Partners, LP and Tallgrass Energy Finance Corp. 7.5% 7.5% | 1.59% |
| Trident TPI Holdings Inc 9.25% 9.25% | 1.58% |
| The Williams Companies, Inc. 8.75% 8.75% | 1.49% |
| Tronox Incorporated 6.5% 6.5% | 1.49% |
| CSC Holdings, LLC 7.5% 7.5% | 1.48% |
| T-Mobile US Inc 7.63% 7.63% | 1.47% |
| JBS USA Lux S A & JBS USA Finance Inc 6.75% 6.75% | 1.44% |
| Grab Holdings Inc Term Loan B | 1.44% |
| HCA Inc. 7.69% 7.69% | 1.43% |
| Six Flags Theme Parks Inc. 7% 7% | 1.43% |
| EQT Corporation 7.5% 7.5% | 1.43% |
| Crown Cork & Seal Company, Inc. 7.38% 7.38% | 1.34% |
| Gray Television, Inc. 7% 7% | 1.28% |
| Sabre GLBL Inc. 7.38% 7.38% | 1.28% |
| Occidental Petroleum Corporation 8.88% 8.88% | 1.23% |