Ares Dynamic Credit Allocation Fund Sets July Distribution at $0.1125
Shareholders of the Ares Dynamic Credit Allocation Fund are set to receive a monthly distribution of $0.1125 per common share for July 2026. This payout, based on the fund's closing price of $12.82 on July 9, reflects an annualized distribution rate of approximately 10.53 percent for investors.
The fund, traded on the New York Stock Exchange under the ticker ARDC, has scheduled the ex-dividend and record dates for July 20, 2026. Investors should expect the distribution to be paid out on July 31, 2026. Management notes that this rate is intended for informational purposes and does not guarantee future performance or total investment returns.
Future distribution amounts remain at the discretion of the fund. Per Section 19(a) of the Investment Company Act of 1940, if any portion of the payment originates from sources other than net investment income, such as capital gains or return of capital, the fund will issue a formal notice to stockholders. Final tax reporting figures will be confirmed after the fiscal year ends, with Form 1099-DIV documents to be mailed to investors in early 2027.
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