Ares Dynamic Credit Allocation Fund, Inc. Declares Monthly Distributions for the Months of January 2016 February 2016 and March 2016, Payable on January 29, 2016 February 29, 2016 and March 31, 2016
January 15, 2016 at 06:30 am
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Ares Dynamic Credit Allocation Fund, Inc. announced the declaration of the monthly distributions for the months of January 2016 February 2016 and March 2016 of $0.110 per common share, payable on January 29, 2016, February 29, 2016 and March 31, 2016 to the recorded shareholders on January 25, 2016, February 18, 2016 and March 17, 2016 respectively for the ex-dates of January 21, 2016, February 16, 2016 and March 15, 2016 respectively.
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 Months of January 2016 February 2016 and March 2016, Payable on January 29, 2016 February 29, 2016 and March 31, 2016
ARES DYNAMIC CREDIT ALLOCATION FUND, INC. 
