Shareholders of record as of August 21, 2026, will be eligible for the payment, which is scheduled for distribution on August 31. The ex-date for the fund is also set for August 21.
Ares Dynamic Credit Allocation Fund Sets August Distribution
The Ares Dynamic Credit Allocation Fund (NYSE: ARDC) has declared a monthly distribution of $0.1125 per common share for August 2026. Based on the fund's closing price of $12.48 on August 10, this payout reflects an annualized distribution rate of approximately 10.82 percent for investors.
Management noted that these distribution figures are estimates for informational purposes and do not guarantee future performance or total return. The fund, managed by Ares Capital Management II LLC, maintains discretion over the timing and size of all future payouts. Should any portion of this distribution originate from sources other than net investment income—such as capital gains or a return of capital—the fund will provide formal notice to stockholders in accordance with the Investment Company Act of 1940. Tax reporting details will be finalized at the end of the fiscal year, with official Form 1099-DIV documents to be issued to investors early next year.
Comments (0)
No comments yet. Be the first!