{"success":true,"data":{"pressRelease":{"id":"116033","rtpr_id":"nPn53qnjGa","ticker":"ARDC","exchange":"NYSE Arca","all_tickers":["ARDC"],"title":"ARES DYNAMIC CREDIT ALLOCATION FUND DECLARES A MONTHLY DISTRIBUTION OF $0.1125 PER SHARE","author":"PR Newswire","published_at":"2026-08-11T20:15:04.075Z","article_body":"ARES DYNAMIC CREDIT ALLOCATION FUND DECLARES A MONTHLY DISTRIBUTION OF $0.1125 PER SHARE\n\nPR Newswire\n\nNEW YORK, Aug. 11, 2026\n\nNEW YORK, Aug. 11, 2026 /PRNewswire/ -- Ares Dynamic Credit Allocation Fund,\nInc. (\"ARDC\" or the \"Fund\") (NYSE: ARDC) announced today the declaration of\nits distribution for the month of August 2026 of $0.1125 per common share,\npayable as noted below.\n\nThe following dates apply to the declared distribution:\n\nEx-Date: August 21, 2026\nRecord Date: August 21, 2026\nPayable Date: August 31, 2026\nPer Share Amount: $0.1125\n\nBased on the Fund's current share price of $12.48 (as of its close on August\n10, 2026), the distribution represents an annualized distribution rate of\napproximately 10.82% (calculated by annualizing the distribution amount and\ndividing it by the current price). Information regarding the distribution rate\nis included for informational purposes only and is not necessarily indicative\nof future results, the achievement of which cannot be assured. The\ndistribution rate should not be considered the yield or total return on an\ninvestment in the Fund.\n\nThe timing and amount of future distributions, if any, are at the discretion\nof the Fund. As required by Section 19(a) of the Investment Company Act of\n1940, a notice will be distributed to the Fund's stockholders in the event\nthat a portion of a monthly distribution is derived from sources other than\nundistributed net investment income, such as from short-term capital gain,\nlong-term capital gain, or return of capital. Such notices will also be posted\non the Fund's website at www.arespublicfunds.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4750025-1&h=3609522866&u=https%3A%2F%2Fwww.arespublicfunds.com%2F&a=www.arespublicfunds.com)\n.\n\nThe amounts and sources of distributions reported are only estimates and are\nnot provided for tax reporting purposes. The actual amounts and sources of the\namounts for tax reporting purposes will depend upon the Fund's investment\nperformance during the remainder of its fiscal year and may be subject to\nchange based on tax regulations. The final determination of the source of\nthese distributions will be made after the Fund's fiscal year end. If\nnecessary, the Fund may elect to pay an adjusting distribution in December\nthat includes any additional income and net realized capital gains in excess\nof the monthly distributions for that year to satisfy the minimum distribution\nrequirements of the Internal Revenue Code. In January or February of each\nyear, investors will be sent a Form 1099‑DIV for the previous calendar year\nthat will define how to report these distributions for federal income tax\npurposes.\n\nThis press release is not intended to, and does not constitute, an offer to\npurchase or sell shares of ARDC.\n\nAbout Ares Dynamic Credit Allocation Fund, Inc.\nAres Dynamic Credit Allocation Fund, Inc. (\"ARDC\") is a closed-end management\ncompany that is externally managed by Ares Capital Management II LLC, a\nsubsidiary of Ares Management Corporation. ARDC seeks to provide an attractive\nlevel of total return primarily through current income and, secondarily,\nthrough capital appreciation.  ARDC invests in a broad, dynamically-managed\nportfolio of credit investments. There can be no assurance that ARDC will\nachieve its investment objective. ARDC's net asset value may be accessed\nthrough its NASDAQ ticker symbol, XADCX. Additional information is available\nat www.arespublicfunds.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4750025-1&h=3609522866&u=https%3A%2F%2Fwww.arespublicfunds.com%2F&a=www.arespublicfunds.com)\n.\n\nForward-Looking Statements\nStatements included herein may constitute \"forward-looking statements\" within\nthe meaning of the U.S. securities laws, and may relate to future events or\nour future performance or financial condition. These statements are not\nguarantees of future performance, condition or results and involve a number of\nrisks and uncertainties. Actual results may differ materially from those in\nthe forward-looking statements as a result of a number of factors, including\nthose described from time to time in our filings with the Securities and\nExchange Commission and others beyond the Fund's control. Ares Dynamic Credit\nAllocation Fund undertakes no duty to update any forward-looking statements\nmade herein.\n\nThis document is not an offer to sell securities and is not soliciting an\noffer to buy securities in any jurisdiction where the offer or sale is not\npermitted. An investor should consider the Fund's investment objective, risks,\ncharges and expenses carefully before investing.\n\nAres Dynamic Credit Allocation Fund is a closed-end fund, which does not\nengage in a continuous offering of its shares. Since its initial public\noffering, the Fund has traded on the New York Stock Exchange under the symbol\nARDC. Investors wishing to purchase or sell shares may do so by placing\norders through a broker dealer or other intermediary.\n\nContact\nAres Dynamic Credit Allocation Fund, Inc.\nJohn Stilmar\njstilmar@ares.com (mailto:jstilmar@ares.com)\n(888) 818-5298\nor\nDestra Capital Advisors LLC\nARDC@destracapital.com (mailto:ARDC@destracapital.com)\n(877) 855-3434\n\nView original\ncontent:https://www.prnewswire.com/news-releases/ares-dynamic-credit-allocation-fund-declares-a-monthly-distribution-of-0-1125-per-share-302848447.html\n(https://www.prnewswire.com/news-releases/ares-dynamic-credit-allocation-fund-declares-a-monthly-distribution-of-0-1125-per-share-302848447.html)\n\nSOURCE Ares Dynamic Credit Allocation Fund\n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn53qnjGa","title":"ARES DYNAMIC CREDIT ALLOCATION FUND DECLARES A MONTHLY DISTRIBUTION OF $0.1125 PER SHARE","author":"PR Newswire","ticker":"ARDC","created":"2026-08-11T20:15:04.075Z","tickers":["ARDC"],"exchange":"NYSE Arca","article_body":"ARES DYNAMIC CREDIT ALLOCATION FUND DECLARES A MONTHLY DISTRIBUTION OF $0.1125 PER SHARE\n\nPR Newswire\n\nNEW YORK, Aug. 11, 2026\n\nNEW YORK, Aug. 11, 2026 /PRNewswire/ -- Ares Dynamic Credit Allocation Fund,\nInc. (\"ARDC\" or the \"Fund\") (NYSE: ARDC) announced today the declaration of\nits distribution for the month of August 2026 of $0.1125 per common share,\npayable as noted below.\n\nThe following dates apply to the declared distribution:\n\nEx-Date: August 21, 2026\nRecord Date: August 21, 2026\nPayable Date: August 31, 2026\nPer Share Amount: $0.1125\n\nBased on the Fund's current share price of $12.48 (as of its close on August\n10, 2026), the distribution represents an annualized distribution rate of\napproximately 10.82% (calculated by annualizing the distribution amount and\ndividing it by the current price). Information regarding the distribution rate\nis included for informational purposes only and is not necessarily indicative\nof future results, the achievement of which cannot be assured. The\ndistribution rate should not be considered the yield or total return on an\ninvestment in the Fund.\n\nThe timing and amount of future distributions, if any, are at the discretion\nof the Fund. As required by Section 19(a) of the Investment Company Act of\n1940, a notice will be distributed to the Fund's stockholders in the event\nthat a portion of a monthly distribution is derived from sources other than\nundistributed net investment income, such as from short-term capital gain,\nlong-term capital gain, or return of capital. Such notices will also be posted\non the Fund's website at www.arespublicfunds.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4750025-1&h=3609522866&u=https%3A%2F%2Fwww.arespublicfunds.com%2F&a=www.arespublicfunds.com)\n.\n\nThe amounts and sources of distributions reported are only estimates and are\nnot provided for tax reporting purposes. The actual amounts and sources of the\namounts for tax reporting purposes will depend upon the Fund's investment\nperformance during the remainder of its fiscal year and may be subject to\nchange based on tax regulations. The final determination of the source of\nthese distributions will be made after the Fund's fiscal year end. If\nnecessary, the Fund may elect to pay an adjusting distribution in December\nthat includes any additional income and net realized capital gains in excess\nof the monthly distributions for that year to satisfy the minimum distribution\nrequirements of the Internal Revenue Code. In January or February of each\nyear, investors will be sent a Form 1099‑DIV for the previous calendar year\nthat will define how to report these distributions for federal income tax\npurposes.\n\nThis press release is not intended to, and does not constitute, an offer to\npurchase or sell shares of ARDC.\n\nAbout Ares Dynamic Credit Allocation Fund, Inc.\nAres Dynamic Credit Allocation Fund, Inc. (\"ARDC\") is a closed-end management\ncompany that is externally managed by Ares Capital Management II LLC, a\nsubsidiary of Ares Management Corporation. ARDC seeks to provide an attractive\nlevel of total return primarily through current income and, secondarily,\nthrough capital appreciation.  ARDC invests in a broad, dynamically-managed\nportfolio of credit investments. There can be no assurance that ARDC will\nachieve its investment objective. ARDC's net asset value may be accessed\nthrough its NASDAQ ticker symbol, XADCX. Additional information is available\nat www.arespublicfunds.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4750025-1&h=3609522866&u=https%3A%2F%2Fwww.arespublicfunds.com%2F&a=www.arespublicfunds.com)\n.\n\nForward-Looking Statements\nStatements included herein may constitute \"forward-looking statements\" within\nthe meaning of the U.S. securities laws, and may relate to future events or\nour future performance or financial condition. These statements are not\nguarantees of future performance, condition or results and involve a number of\nrisks and uncertainties. Actual results may differ materially from those in\nthe forward-looking statements as a result of a number of factors, including\nthose described from time to time in our filings with the Securities and\nExchange Commission and others beyond the Fund's control. Ares Dynamic Credit\nAllocation Fund undertakes no duty to update any forward-looking statements\nmade herein.\n\nThis document is not an offer to sell securities and is not soliciting an\noffer to buy securities in any jurisdiction where the offer or sale is not\npermitted. An investor should consider the Fund's investment objective, risks,\ncharges and expenses carefully before investing.\n\nAres Dynamic Credit Allocation Fund is a closed-end fund, which does not\nengage in a continuous offering of its shares. Since its initial public\noffering, the Fund has traded on the New York Stock Exchange under the symbol\nARDC. Investors wishing to purchase or sell shares may do so by placing\norders through a broker dealer or other intermediary.\n\nContact\nAres Dynamic Credit Allocation Fund, Inc.\nJohn Stilmar\njstilmar@ares.com (mailto:jstilmar@ares.com)\n(888) 818-5298\nor\nDestra Capital Advisors LLC\nARDC@destracapital.com (mailto:ARDC@destracapital.com)\n(877) 855-3434\n\nView original\ncontent:https://www.prnewswire.com/news-releases/ares-dynamic-credit-allocation-fund-declares-a-monthly-distribution-of-0-1125-per-share-302848447.html\n(https://www.prnewswire.com/news-releases/ares-dynamic-credit-allocation-fund-declares-a-monthly-distribution-of-0-1125-per-share-302848447.html)\n\nSOURCE Ares Dynamic Credit Allocation Fund\n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-08-11T20:15:04.142072096Z","server_sent_at_ms":1786479304142},"received_at":"2026-08-11T20:15:04.492Z","source_url":"https://www.prnewswire.com/news-releases/ares-dynamic-credit-allocation-fund-declares-a-monthly-distribution-of-0-1125-per-share-302848447.html"},"analysis":{"id":"105029","press_release_id":"116033","analysis_json":{"industry":{"label":"Capital Markets","sector":"Financials"},"redFlags":[],"eventType":"dividend","narrative":"Ares Dynamic Credit Allocation Fund declared a monthly distribution of $0.1125 per common share, with an ex-date and record date of August 21, 2026, and a payable date of August 31, 2026.\n\nBased on the closing price of $12.48 on August 10, 2026, the distribution represents an annualized rate of approximately 10.82%.\n\nThe Fund is a closed-end management company externally managed by Ares Capital Management II LLC and traded on the NYSE under the symbol ARDC.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine dividend declaration."},"keyFigures":{"exDate":"2026-08-21","recordDate":"2026-08-21","payableDate":"2026-08-31","dividendAmount":0.1125,"customDimensions":{"annualized_yield":"10.82%","current_share_price":"$12.48"}},"quotedText":"","namedEntities":{"people":[{"name":"John Stilmar","role":"Contact"}],"products":[],"companies":[{"name":"Ares Dynamic Credit Allocation Fund, Inc.","ticker":"ARDC"},{"name":"Ares Capital Management II LLC","relationship":"external manager"},{"name":"Ares Management Corporation","relationship":"parent company"},{"name":"Destra Capital Advisors LLC","relationship":"contact"}],"dollarAmounts":[{"amount":"$0.1125","context":"per share distribution amount"},{"amount":"$12.48","context":"Fund's current share price as of August 10, 2026"}]},"materialImpact":{"score":1,"reasoning":"Routine monthly distribution declaration for a closed-end fund. No changes to the payout policy or material business events."},"tickerRelevance":{"others":[],"primary":"ARDC"},"globalImportance":5,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"closed-end-fund","eventGravity":"routine-dividend","sectorWeight":"Financials"}},"event_type":"dividend","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Ares Dynamic Credit Allocation Fund declared a monthly distribution of $0.1125 per common share, with an ex-date and record date of August 21, 2026, and a payable date of August 31, 2026.\n\nBased on the closing price of $12.48 on August 10, 2026, the distribution represents an annualized rate of approximately 10.82%.\n\nThe Fund is a closed-end management company externally managed by Ares Capital Management II LLC and traded on the NYSE under the symbol ARDC.","key_figures":{"exDate":"2026-08-21","recordDate":"2026-08-21","payableDate":"2026-08-31","dividendAmount":0.1125,"customDimensions":{"annualized_yield":"10.82%","current_share_price":"$12.48"}},"named_entities":{"people":[{"name":"John Stilmar","role":"Contact"}],"products":[],"companies":[{"name":"Ares Dynamic Credit Allocation Fund, Inc.","ticker":"ARDC"},{"name":"Ares Capital Management II LLC","relationship":"external manager"},{"name":"Ares Management Corporation","relationship":"parent company"},{"name":"Destra Capital Advisors LLC","relationship":"contact"}],"dollarAmounts":[{"amount":"$0.1125","context":"per share distribution amount"},{"amount":"$12.48","context":"Fund's current share price as of August 10, 2026"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-11T23:51:09.501Z","global_importance":5,"audience_relevance":10,"importance_components":{"tickerTier":"closed-end-fund","eventGravity":"routine-dividend","sectorWeight":"Financials"}},"durationMs":357661,"modelName":"glm-4.7"}}