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Ares Dynamic Credit Allocation Fund, Inc. Stock: price and insider trades · United States
1 insider bought €5.2M of shares over the last 90 days, the latest filed 16 Sept 2026.
Ares Dynamic Credit Allocation Fund, Inc.: what insiders have been doing
Every trade that managers of Ares Dynamic Credit Allocation Fund, Inc. disclose to SEC (Form 4) is tracked on this page. The company sits in the Finance & Banking sector. The last twelve months, up to 18 October 2026, brought 3 filings signed by 1 insider.
Every open-market trade in the period is a purchase: 2 purchases worth €8.7M, from 1 insider, and not a single sale. Unlike grants, an open-market purchase is paid for by the insider, at the market price. The largest single trade was a purchase of €5.2M by Thrivent Financial for Lutherans, published on 16 September 2026, equal to 2.1% of the market capitalisation. The buyers include 1 major shareholder.
The last purchase on record was published on 16 September 2026, which is 32 days ago. The median gap between a trade and its publication by SEC (Form 4) is 2 days. Section 16 rules allow two business days to file each Form 4.
Compared with its exchange (5,814 companies, median 19 filings), a count of 3 filings is below the norm. Over the whole record (from 2021), the tally stands at 5 purchases and 5 sales.
Other companies in the same sector with recent insider buying flagged by our signals: First Guaranty Bancshares, Inc. and BCB Bancorp Inc. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.
Insider Decl.
11
Thresholds
n/a
Buy Volume
€16M
5 ops. · all time
Sell Volume
€370,716
5 ops. · all time
Who traded when
BuySaleThrivent Financial for Lutherans2 buys
Since the insiders bought
- -9.0%Entry US$12.48 · Close 15 Oct 2026 US$11.36
- -18.9%Entry US$15.44 · Close at T+365 US$12.52
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Financial data
as of FY 2025FY ended December 2025 · cache
US$11.27
Analyst consensus
Income statement
RevenueUS$25.6M
Net incomeUS$22.4M87.5% margin
Valuation
PER (trailing)53.7x
Balance sheet & cash
Market capUS$270.1M
Total debtUS$123.2M
Free Cash FlowUS$12.6M
Profitability & ownership
% insiders0.0%
% institutions34.5%
Last declaration on 16 September 2026
Declarations11 total
360,000 shares@ US$25.003.22% mcap47.3% of flowMandatory Redeemable Preferred Shares, Series BSEC:0000314984-26-000042:0
240,000 shares@ US$25.002.14% mcap31.4% of flowMandatory Redeemable Preferred Shares, Series ESEC:0000314984-26-000042:1
Canonical exit: 13 Dec 2026 (T+90)
160,000 shares@ US$25.001.45% mcap21.3% of flowMandatory Redeemable Preferred Shares, Series DSEC:0000314984-26-000018:0
Canonical exit: 12 Oct 2026 (T+90)
2,099 shares@ US$14.17916.5% of flowCommon StockSEC:0001104659-24-065679:3
7,975 shares@ US$14.092124.5% of flowCommon StockSEC:0001104659-24-065679:0
7,901 shares@ US$14.092124.2% of flowCommon StockSEC:0001104659-24-065679:1
2,025 shares@ US$14.17916.2% of flowCommon StockSEC:0001104659-24-065679:2
9,286 shares@ US$12.8525.8% of flowCommon StockSEC:0001104659-23-093556:0
10,000 shares@ US$14.18100.0% of flowCommon StockSEC:0001104659-22-035662:0
Canonical exit: 15 Jun 2022 (T+90)
4,000 shares@ US$15.34312.8% of flowCommon StockSEC:0001104659-22-008346:0
Canonical exit: 25 Apr 2022 (T+90)
320,000 shares@ US$25.00100.0% of flowSeries C Mandatory Redeemable Preferred StockSEC:0001567619-21-017229:0
Canonical exit: 14 Dec 2021 (T+90)
11 of 11 declarations
About Ares Dynamic Credit Allocation Fund, Inc.
Ares Dynamic Credit Allocation Fund, Inc. (ARDC) is a U.S.-domiciled closed-end fund listed on the NYSE in the United States. From an equity analyst perspective, this is not an operating company in the traditional sense, but an actively managed credit vehicle designed to deliver attractive total return, with income as the primary objective and capital appreciation as a secondary goal. The fund commenced operations on November 27, 2012, which gives it a long enough history to assess through multiple credit and rate cycles. ([arespublicfunds.com](https://arespublicfunds.com/wp-content/uploads/2026/03/Ares-Dynamic-Credit-Allocation-Fund_Annual-Report_2025.pdf))
ARDC is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. It draws on Ares’ institutional credit platform and focuses on a broadly diversified, dynamically managed portfolio of below-investment-grade credit. Core holdings include senior secured loans to lower-rated issuers, high-yield corporate bonds, certain similar fixed-income instruments that may be expressed through derivatives, and CLO securities and other asset-backed issuers. The fund’s mandate is to rotate across these segments based on relative value, macro conditions, and issuer-level research, rather than simply tracking a benchmark. ([arespublicfunds.com](https://arespublicfunds.com/wp-content/uploads/2026/03/Ares-Dynamic-Credit-Allocation-Fund_Annual-Report_2025.pdf))
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In competitive terms, ARDC sits in the closed-end fund universe alongside other leveraged income products that invest in leveraged loans, high-yield bonds, and CLO exposure. Its proposition is straightforward: generate monthly distributions while maintaining a flexible credit allocation framework. That said, the structure also comes with meaningful risk. The fund uses leverage and may borrow up to one-third of managed assets, which can enhance distributable income but also magnify NAV volatility when spreads widen, default risk rises, or funding costs increase. The fund is also classified as non-diversified under the Investment Company Act, increasing concentration risk versus a diversified fund. ([arespublicfunds.com](https://arespublicfunds.com/wp-content/uploads/2026/03/Ares-Dynamic-Credit-Allocation-Fund_Annual-Report_2025.pdf))
Operationally, the fund’s service model is tied to the broader Ares ecosystem. The adviser is based in Los Angeles, while other key service providers are located in Boston and New York. The fund’s investor-relations and market communication functions are also integrated into Ares’ public-funds platform, reinforcing the brand’s institutional credit franchise. While ARDC is a U.S. listed security, its underlying credit exposure is global in nature through the broad corporate loan and bond markets it can access. ([arespublicfunds.com](https://arespublicfunds.com/wp-content/uploads/2026/03/Ares-Dynamic-Credit-Allocation-Fund_Annual-Report_2025.pdf))
Recent developments underscore its income-oriented profile. In its 2025 annual report, ARDC disclosed a month-end leverage level of 39.41%, a State Street credit facility balance of $123.192 million as of December 31, 2025, and continued reliance on leverage as part of the strategy. The fund also announced a monthly distribution of $0.1125 per share in August 2025, consistent with its long-standing approach of paying shareholders recurring cash income. For investors, the key takeaway is that ARDC is a professionally managed U.S. NYSE closed-end credit fund whose performance will be driven by credit selection, leverage management, and the direction of the broader fixed-income cycle. ([arespublicfunds.com](https://arespublicfunds.com/wp-content/uploads/2026/03/Ares-Dynamic-Credit-Allocation-Fund_Annual-Report_2025.pdf))
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