Ares Dynamic Credit Allocation Fund
Sponsor: Ares · Inception Nov 28, 2012 · Pays monthly
Market priceShare price
$11.37
+0.18% (+$0.02)
NAVAsset value per share
$12.95
as of Oct 14, 2026 · Nasdaq NAV symbol
Premium / discountPrice vs. assets
12.20% discount *
Indicative: latest price vs latest reported NAV
Distribution rate (price)Payout rate
11.87%
regular, annualised · on NAV 10.42%
Expense ratioAnnual cost
Not reported
no tagged fee table
LeverageBorrowing
Not reported
senior securities not tagged
Quote status: Market closed — last regular-session price · last trade Oct 16, 2026, 4:00 PM EDT (exchange time, ET) · retrieved Oct 16, 2026, 5:15 PM EDTRegular-session prices; extended-hours quotes are not displayed.
Full portfolio as filed on SEC Form N-PORT for the month ending Jun 30, 2026, filed Aug 26, 2026. 329 positions; weights are percent of net assets as reported. Weights sum to 100.0% — leverage, cash, derivatives and short positions mean totals need not equal 100%. This is a historical report, not a live portfolio.
Top 10 holdings
| # | Security | Type | Country | Weight | Value (USD) |
|---|---|---|---|---|---|
| 1 | FREEPORT LNG INVESTMENTS LLLP | Loan | United States | 1.11% | $6M |
| 2 | Crown Subsea Communications Holding,Inc. | Loan | United States | 0.95% | $5.1M |
| 3 | Peer Holding III BV | Loan | Netherlands | 0.91% | $4.9M |
| 4 | WILLIAMS COMPANIES INC | Debt | United States | 0.88% | $4.7M |
| 5 | OPEN TEXT CORP | Debt | Canada | 0.85% | $4.6M |
| 6 | Databricks Inc | Loan | United States | 0.84% | $4.5M |
| 7 | RR Ltd | CDO/CLO | Cayman Islands | 0.81% | $4.4M |
| 8 | GFL Environmental Inc | Loan | Canada | 0.79% | $4.3M |
| 9 | VISTRA OPERATIONS CO LLC | Debt | United States | 0.78% | $4.2M |
| 10 | IRON MOUNTAIN INC | Debt | United States | 0.76% | $4.1M |
Asset class
| Asset class | % net assets | Value |
|---|---|---|
| Loans | 37.72% | $203M |
| Debt | 36.84% | $198M |
| CDO/CLO | 25.46% | $137M |
| Derivative (interest rate) | -0.02% | $-121K |
Country (top 12)
| Country (top 12) | % net assets | Value |
|---|---|---|
| United States | 66.22% | $357M |
| Canada | 3.91% | $21.1M |
| Cayman Islands | 24.19% | $130M |
| France | 1.99% | $10.7M |
| Jersey | 1.26% | $6.8M |
| Netherlands | 0.91% | $4.9M |
| Finland | 0.69% | $3.7M |
| Denmark | 0.44% | $2.4M |
| Switzerland | 0.39% | $2.1M |
Region
| Region | % net assets | Value |
|---|---|---|
| United States | 66.22% | $357M |
| Developed Europe | 5.69% | $30.6M |
| Canada | 3.91% | $21.1M |
| Offshore domiciles | 24.19% | $130M |
Issuer type
| Issuer type | % net assets | Value |
|---|---|---|
| Corporate | 99.27% | $535M |
| Other | 0.73% | $4M |
Fair-value level
| Fair-value level | % net assets | Value |
|---|---|---|
| Level 2 | 72.44% | $390M |
| Level 3 | 27.56% | $148M |
Level 3 = valued with unobservable inputs (typically private or illiquid).
Long / short
| Long / short | % net assets | Value |
|---|---|---|
| Long | 100.02% | $539M |
| N/A | -0.02% | $-121K |
All allocation percentages use net assets as the denominator (N-PORT convention). A position's share of invested assets may differ from its share of the whole fund including cash and leverage.
All 329 positions
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| Security | Identifier | Type | Issuer | Country | Balance | Units | Value (USD) | Weight | FV level |
|---|---|---|---|---|---|---|---|---|---|
| FREEPORT LNG INVESTMENTS LLLP | 35670CAE8 | Loan | CORP | United States | 6,000,000 | principal | $6M | 1.11% | 2 |
| Crown Subsea Communications Holding,Inc. | 22860EAL6 | Loan | CORP | United States | 5,090,344 | principal | $5.1M | 0.95% | 2 |
| Peer Holding III BV | XAN6872NAM82 | Loan | CORP | Netherlands | 4,899,873 | principal | $4.9M | 0.91% | 2 |
| WILLIAMS COMPANIES INC | 969457BM1 | Debt | CORP | United States | 4,000,000 | principal | $4.7M | 0.88% | 2 |
| OPEN TEXT CORP | 683715AF3 | Debt | CORP | Canada | 4,500,000 | principal | $4.6M | 0.85% | 2 |
| Databricks Inc | 23803RAE1 | Loan | CORP | United States | 4,507,389 | principal | $4.5M | 0.84% | 2 |
| RR Ltd | 40256JAC9 | CDO/CLO | CORP | Cayman Islands | 7,251,825 | principal | $4.4M | 0.81% | 3 |
| GFL Environmental Inc | 36257SAB8 | Loan | CORP | Canada | 4,283,467 | principal | $4.3M | 0.79% | 2 |
| VISTRA OPERATIONS CO LLC | 92840VAP7 | Debt | CORP | United States | 4,000,000 | principal | $4.2M | 0.78% | 2 |
| IRON MOUNTAIN INC | 46284VAP6 | Debt | OTHER | United States | 4,000,000 | principal | $4.1M | 0.76% | 2 |
| ALTICE FRANCE SA | 02090DAA6 | Debt | CORP | France | 3,974,340 | principal | $4M | 0.75% | 2 |
| AI AQUA MERGER SUB INC | — | Loan | CORP | United States | 4,018,413 | principal | $4M | 0.74% | 2 |
| BEP Intermediate Holdco LLC | 05554YAE4 | Loan | CORP | United States | 4,013,740 | principal | $4M | 0.74% | 2 |
| OVG Business Services LLC | 62955EAJ3 | Loan | CORP | United States | 3,972,209 | principal | $4M | 0.74% | 2 |
| Gray Television, Inc. | 389376AZ7 | Loan | CORP | United States | 3,971,197 | principal | $4M | 0.74% | 2 |
| OCCIDENTAL PETROLEUM COR | 674599EA9 | Debt | CORP | United States | 3,500,000 | principal | $3.9M | 0.73% | 2 |
| INDECK NILES LLC | — | Loan | CORP | United States | 3,820,080 | principal | $3.8M | 0.71% | 3 |
| DCP MIDSTREAM OPERATING | 26439XAC7 | Debt | CORP | United States | 3,330,000 | principal | $3.7M | 0.70% | 2 |
| BOMBARDIER INC | 097751CA7 | Debt | CORP | Canada | 3,500,000 | principal | $3.7M | 0.69% | 2 |
| Spa Holdings 3 Oy | 78475BAB3 | Loan | CORP | Finland | 3,720,080 | principal | $3.7M | 0.69% | 2 |
| Gainwell Acquisition Corp | 59909TAC8 | Loan | CORP | United States | 3,710,733 | principal | $3.7M | 0.68% | 2 |
| Oak Hill Credit | 67115XAC2 | CDO/CLO | CORP | Cayman Islands | 6,317,439 | principal | $3.6M | 0.66% | 3 |
| STATION CASINOS LLC | 857691AJ8 | Debt | CORP | United States | 3,500,000 | principal | $3.6M | 0.66% | 2 |
| PRIMO BRANDS CORPORATION | 89678QAF3 | Loan | CORP | United States | 3,491,250 | principal | $3.5M | 0.65% | 2 |
| GOLDEN STATE FOOD LLC | 38121NAD5 | Loan | CORP | United States | 3,491,250 | principal | $3.5M | 0.65% | 2 |
| ENSEMBLE RCM LLC | 29359BAH4 | Loan | CORP | United States | 3,500,000 | principal | $3.5M | 0.65% | 2 |
| AI AQUA MERGER SUB INC | 00132UAQ7 | Loan | CORP | United States | 3,457,584 | principal | $3.5M | 0.64% | 2 |
| TransDigm Inc | 89364MCA0 | Loan | CORP | United States | 3,432,609 | principal | $3.4M | 0.64% | 2 |
| AMENTUM HOLDINGS INC | 02352BAA3 | Debt | CORP | United States | 3,250,000 | principal | $3.3M | 0.62% | 2 |
| BELO CORP | 080555AF2 | Debt | CORP | United States | 3,250,000 | principal | $3.3M | 0.62% | 2 |
| American Axle and Manufacturing, Inc. | 02406MBB2 | Loan | CORP | United States | 3,258,750 | principal | $3.3M | 0.60% | 2 |
| LIVE NATION ENTERTAINMEN | 538034AV1 | Debt | CORP | United States | 3,250,000 | principal | $3.3M | 0.60% | 2 |
| Hamilton Projects Acquiror, LLC | — | Loan | CORP | United States | 3,243,273 | principal | $3.3M | 0.60% | 2 |
| SUNOCO LP | 86765KAC3 | Debt | CORP | United States | 3,125,000 | principal | $3.2M | 0.60% | 2 |
| FOX CORP | 35137LAN5 | Debt | CORP | United States | 3,000,000 | principal | $3.2M | 0.59% | 2 |
| ONESKY FLIGHT LLC | 68278CAA3 | Debt | CORP | United States | 3,000,000 | principal | $3.2M | 0.59% | 2 |
| Darktrace PLC | 52526CAB5 | Loan | CORP | United States | 3,481,894 | principal | $3.2M | 0.59% | 2 |
| NABORS INDUSTRIES INC | 62957HAP0 | Debt | CORP | United States | 3,000,000 | principal | $3.1M | 0.58% | 2 |
| STANDARD BUILDING SOLUTI | 853191AA2 | Debt | CORP | United States | 3,000,000 | principal | $3M | 0.56% | 2 |
| GGAM FINANCE LTD | 36170JAC0 | Debt | CORP | Cayman Islands | 3,000,000 | principal | $3M | 0.56% | 2 |
| Venture Global Calcasieu Pass, LLC | 12867PAB7 | Loan | CORP | United States | 3,000,000 | principal | $3M | 0.56% | 2 |
| Tenneco Inc | 88037HAP9 | Loan | CORP | United States | 3,000,000 | principal | $3M | 0.55% | 2 |
| Fertitta Entertainment LLC | 31556PAB3 | Loan | CORP | United States | 2,968,992 | principal | $3M | 0.55% | 2 |
| South Field LLC | 83783XAG1 | Loan | CORP | United States | 2,914,311 | principal | $2.9M | 0.54% | 2 |
| Dryden Senior Loan Fund | 26253DAE0 | CDO/CLO | CORP | Cayman Islands | 2,878,000 | principal | $2.9M | 0.54% | 3 |
| ARC FALCON I INC/ARCL/HO | 03881HAA8 | Debt | CORP | United States | 3,000,000 | principal | $2.9M | 0.54% | 2 |
| Wash Multifamily Parent Inc | 93710RAB2 | Loan | CORP | United States | 2,842,875 | principal | $2.8M | 0.53% | 2 |
| Delta TopCo Inc | 24780DAJ6 | Loan | CORP | United States | 2,994,937 | principal | $2.8M | 0.52% | 2 |
| CHS/COMMUNITY HEALTH SYS | 12543DBJ8 | Debt | CORP | United States | 2,857,000 | principal | $2.8M | 0.52% | 2 |
| QUIKRETE HOLDINGS INC | 74843PAA8 | Debt | CORP | United States | 2,750,000 | principal | $2.8M | 0.52% | 2 |
| TRANSMONTAIGNE PARTNERS | 89377AAA3 | Debt | CORP | United States | 2,750,000 | principal | $2.8M | 0.52% | 2 |
| Benefit Street Partners CLO Ltd | 08181NAE3 | CDO/CLO | CORP | Cayman Islands | 2,750,000 | principal | $2.8M | 0.51% | 3 |
| LEIDOS INC | 808626AE5 | Debt | CORP | United States | 2,500,000 | principal | $2.8M | 0.51% | 2 |
| Traverse Midstream Partners LLC | 89435TAB0 | Loan | CORP | United States | 2,740,470 | principal | $2.7M | 0.51% | 2 |
| LIGHT & WONDER INTL INC | 531968AB1 | Debt | CORP | United States | 2,750,000 | principal | $2.7M | 0.51% | 2 |
| MDVIP INC | 56150KAK1 | Loan | CORP | United States | 2,723,445 | principal | $2.7M | 0.51% | 2 |
| Magnetite CLO Ltd | 55954XAE7 | CDO/CLO | CORP | Cayman Islands | 2,750,000 | principal | $2.7M | 0.51% | 3 |
| Madison Park Funding Ltd | 55817CAG5 | CDO/CLO | CORP | Cayman Islands | 3,000,000 | principal | $2.7M | 0.50% | 3 |
| Virgin Media Bristol LLC | XAG9368PBH64 | Loan | CORP | United States | 3,000,000 | principal | $2.7M | 0.49% | 2 |
| Athena Holdco SAS | — | Loan | CORP | France | 2,315,904 | principal | $2.6M | 0.49% | 2 |
| SIX FLAGS/CAN WON/MILLEN | 83003AAA8 | Debt | CORP | United States | 2,529,000 | principal | $2.6M | 0.48% | 2 |
| Pasadena Performance Products, LLC | 70230EAD6 | Loan | CORP | United States | 2,587,051 | principal | $2.6M | 0.48% | 2 |
| FORD MOTOR CREDIT CO LLC | 345397C92 | Debt | CORP | United States | 2,500,000 | principal | $2.6M | 0.48% | 2 |
| KODIAK GAS SERVICES LLC | 50012LAE4 | Debt | CORP | United States | 2,500,000 | principal | $2.6M | 0.48% | 2 |
| TALLGRASS NRG PRTNR/FIN | 87470LAL5 | Debt | CORP | United States | 2,500,000 | principal | $2.6M | 0.48% | 2 |
| BUILDERS FIRSTSOURCE INC | 12008RAT4 | Debt | CORP | United States | 2,500,000 | principal | $2.5M | 0.47% | 2 |
| ASURION LLC/ASURION CO | 045941AB7 | Debt | CORP | United States | 2,750,000 | principal | $2.5M | 0.47% | 2 |
| RIVERS ENT BORROWER LLC | 76884GAA3 | Debt | CORP | United States | 2,500,000 | principal | $2.5M | 0.47% | 2 |
| ASCENT RESOURCES/ARU FIN | 04364VBA0 | Debt | CORP | United States | 2,500,000 | principal | $2.5M | 0.47% | 2 |
| XPO INC | 98379KAA0 | Debt | CORP | United States | 2,500,000 | principal | $2.5M | 0.47% | 2 |
| SS&C TECHNOLOGIES INC | 78466CAD8 | Debt | CORP | United States | 2,500,000 | principal | $2.5M | 0.47% | 2 |
| ALLIANT HOLD / CO-ISSUER | 01883LAE3 | Debt | CORP | United States | 2,500,000 | principal | $2.5M | 0.47% | 2 |
| Atrium CDO Corp | 557912AA0 | CDO/CLO | CORP | Cayman Islands | 2,800,000 | principal | $2.5M | 0.47% | 3 |
| ELECTRONIC ARTS INC | 67123SAB5 | Loan | CORP | United States | 2,500,000 | principal | $2.5M | 0.47% | 2 |
| MGM RESORTS INTL | 552953CJ8 | Debt | CORP | United States | 2,500,000 | principal | $2.5M | 0.46% | 2 |
| NOVELIS CORP | 670001AN6 | Debt | CORP | United States | 2,471,000 | principal | $2.5M | 0.46% | 2 |
| SGH2 LLC | 78424SAB8 | Loan | CORP | United States | 2,493,734 | principal | $2.5M | 0.46% | 3 |
| CIFC Funding Ltd | 12567KAE5 | CDO/CLO | CORP | Cayman Islands | 2,516,082 | principal | $2.5M | 0.46% | 3 |
| Herschend Entertainment Company, LLC | 42778EAH4 | Loan | CORP | United States | 2,476,244 | principal | $2.5M | 0.46% | 2 |
| QUALITYTECH LP | 74758JAB3 | Loan | CORP | United States | 2,468,750 | principal | $2.5M | 0.46% | 2 |
| Century De Buyer LLC | 15651FAE6 | Loan | CORP | United States | 2,478,763 | principal | $2.5M | 0.46% | 2 |
| Confluent Medical Technologies, Inc | 20717RAE2 | Loan | CORP | United States | 2,450,155 | principal | $2.5M | 0.46% | 3 |
| TURQUOISE TOPCO LTD | 89776TAB7 | Loan | CORP | United States | 2,500,000 | principal | $2.5M | 0.45% | 2 |
| Kennedy Lewis CLO Ltd | 37149XAC5 | CDO/CLO | CORP | Cayman Islands | 4,190,000 | principal | $2.4M | 0.45% | 3 |
| PROOFPOINT INC | 74345HAJ0 | Loan | CORP | United States | 2,487,277 | principal | $2.4M | 0.44% | 2 |
| CNT Holdings I Corp | 12656AAF6 | Loan | CORP | United States | 2,371,510 | principal | $2.4M | 0.44% | 2 |
| GENMAB AS | 37231EAE2 | Loan | CORP | Denmark | 2,375,000 | principal | $2.4M | 0.44% | 2 |
| Paysafe Holdings (US) Corp | 70451NAB2 | Loan | CORP | United States | 2,482,891 | principal | $2.4M | 0.44% | 2 |
| DIEBOLD NIXDORF INC | 253651AK9 | Debt | CORP | United States | 2,250,000 | principal | $2.3M | 0.43% | 2 |
| Rithum Holdings Inc | 76779JAB3 | Loan | CORP | United States | 2,487,469 | principal | $2.3M | 0.43% | 2 |
| QXO BUILDING PRODUCTS | 74825NAA5 | Debt | CORP | United States | 2,250,000 | principal | $2.3M | 0.43% | 2 |
| iSolved Inc | 46488HAF3 | Loan | CORP | United States | 2,484,601 | principal | $2.3M | 0.43% | 2 |
| GATES CORPORATION/DE | 367398AA2 | Debt | CORP | United States | 2,250,000 | principal | $2.3M | 0.43% | 2 |
| Atrium CDO Corp | 04965HAC1 | CDO/CLO | CORP | Cayman Islands | 6,743,708 | principal | $2.3M | 0.43% | 3 |
| SUMMIT MIDSTREAM HOLDING | 86614JAA3 | Debt | CORP | United States | 2,200,000 | principal | $2.3M | 0.43% | 2 |
| RR Ltd | 78109VAA5 | CDO/CLO | CORP | Cayman Islands | 2,300,000 | principal | $2.3M | 0.42% | 3 |
| Madison Park Funding Ltd | 55819VAC0 | CDO/CLO | CORP | Cayman Islands | 6,192,986 | principal | $2.3M | 0.42% | 3 |
| Clarios Global LP | XAC8000CAM55 | Loan | CORP | United States | 2,259,037 | principal | $2.3M | 0.42% | 2 |
| Brown Group Holding LLC | 11565HAD8 | Loan | CORP | United States | 2,229,337 | principal | $2.2M | 0.41% | 2 |
| ALLY FINANCIAL INC | 36186CBY8 | Debt | CORP | United States | 2,000,000 | principal | $2.2M | 0.41% | 2 |
| White Cap Buyer LLC | 96350TAH3 | Loan | CORP | United States | 2,206,899 | principal | $2.2M | 0.41% | 2 |
| NEXSTAR BROADCASTING INC | 65336RBF4 | Loan | CORP | United States | 2,178,571 | principal | $2.2M | 0.40% | 2 |
| Carlyle Global Market Strategies | 14318NAG2 | CDO/CLO | CORP | Cayman Islands | 2,095,000 | principal | $2.1M | 0.39% | 3 |
| TransMontaigne Operating Company LP | 89376WAH1 | Loan | CORP | United States | 2,073,352 | principal | $2.1M | 0.38% | 2 |
| LEVEL 3 FINANCING INC | 527298CN1 | Debt | CORP | United States | 2,000,000 | principal | $2.1M | 0.38% | 2 |
| UNITED RENTALS NORTH AM | 911365BR4 | Debt | CORP | United States | 2,000,000 | principal | $2.1M | 0.38% | 2 |
| FIRST QUANTUM MINERALS L | 335934AX3 | Debt | CORP | Canada | 2,000,000 | principal | $2.1M | 0.38% | 2 |
| OWENS-BROCKWAY | 69073TAW3 | Debt | CORP | United States | 2,000,000 | principal | $2M | 0.38% | 2 |
| MEDLINE BORROWER/MEDL CO | 58506DAA6 | Debt | CORP | United States | 2,000,000 | principal | $2M | 0.38% | 2 |
| SUNOCO LP | 86765KAL3 | Debt | CORP | United States | 2,000,000 | principal | $2M | 0.38% | 2 |
| IQVIA INC | 46266TAG3 | Debt | CORP | United States | 2,000,000 | principal | $2M | 0.38% | 2 |
| NRG ENERGY INC | 629377CX8 | Debt | CORP | United States | 2,000,000 | principal | $2M | 0.38% | 2 |
| CIFC Funding Ltd | 12570PAE9 | CDO/CLO | CORP | Cayman Islands | 2,000,000 | principal | $2M | 0.37% | 3 |
| PIONEER OPCO LLC | — | Loan | CORP | United States | 2,000,000 | principal | $2M | 0.37% | 2 |
| SHIFT4 PAYMENTS LLC/FIN | 82453AAB3 | Debt | CORP | United States | 2,000,000 | principal | $2M | 0.37% | 2 |
| MISTER CAR WASH HOLDINGS INC | 60646CAM9 | Loan | CORP | United States | 2,000,000 | principal | $2M | 0.37% | 2 |
| ALKERMES INC | — | Loan | CORP | United States | 1,995,000 | principal | $2M | 0.37% | 2 |
| Openlane Inc | 68373AAD5 | Loan | CORP | United States | 1,990,000 | principal | $2M | 0.37% | 2 |
| WR Grace & Co-Conn | 92943HAD1 | Loan | CORP | United States | 1,989,975 | principal | $2M | 0.37% | 2 |
| Project Ruby Ultimate Parent Corp. | 74339UBA7 | Loan | CORP | United States | 1,985,000 | principal | $2M | 0.37% | 2 |
| McAfee, LLC | 57906HAF4 | Loan | CORP | United States | 2,210,668 | principal | $2M | 0.36% | 2 |
| Bausch & Lomb Corporation | XAC0787FAL67 | Loan | CORP | Canada | 1,950,113 | principal | $2M | 0.36% | 2 |
| Wand NewCo 3 Inc | 93369PAM6 | Loan | CORP | United States | 1,941,092 | principal | $1.9M | 0.36% | 2 |
| Access CIG LLC | 00435CAV0 | Loan | CORP | United States | 2,194,004 | principal | $1.9M | 0.36% | 2 |
| Voya CLO Ltd | 92919AAY0 | CDO/CLO | CORP | Cayman Islands | 1,900,000 | principal | $1.9M | 0.35% | 3 |
| ECI Macola Max Holding LLC | 26825UAN1 | Loan | CORP | United States | 1,985,000 | principal | $1.9M | 0.35% | 2 |
| CQP HOLDCO LP/BIP-V CHIN | 12657NAB6 | Debt | CORP | United States | 1,750,000 | principal | $1.8M | 0.34% | 2 |
| Acrisure, LLC | 00488PAV7 | Loan | CORP | United States | 1,967,698 | principal | $1.8M | 0.33% | 2 |
| Astoria Energy LLC | 04626LAJ8 | Loan | CORP | United States | 1,773,016 | principal | $1.8M | 0.33% | 2 |
| Wilsonart LLC | 97246FAM8 | Loan | CORP | United States | 1,965,000 | principal | $1.8M | 0.33% | 2 |
| ZF NA CAPITAL | 98877DAH8 | Debt | CORP | United States | 1,750,000 | principal | $1.8M | 0.33% | 2 |
| WHIRLPOOL CORP | 963320BG0 | Debt | CORP | United States | 1,750,000 | principal | $1.8M | 0.33% | 2 |
| Pye-Barker Fire & Safety, LLC | 69380SAB9 | Loan | CORP | United States | 1,740,000 | principal | $1.7M | 0.32% | 2 |
| PAR PETROLEUM LLC | 70178JAB3 | Debt | CORP | United States | 1,700,000 | principal | $1.7M | 0.32% | 2 |
| IRB HOLDING CORP | 44988LAM9 | Loan | CORP | United States | 1,718,199 | principal | $1.7M | 0.32% | 2 |
| CHARTER COMM OPT LLC/CAP | 161175CQ5 | Debt | CORP | United States | 1,650,000 | principal | $1.7M | 0.31% | 2 |
| CHARTER COMM OPT LLC/CAP | 161175CR3 | Debt | CORP | United States | 1,650,000 | principal | $1.7M | 0.31% | 2 |
| OCP CLO Ltd | 671000AU1 | CDO/CLO | CORP | Cayman Islands | 1,700,000 | principal | $1.7M | 0.31% | 3 |
| VENTURE GLOBAL PLAQUE | 922966AB2 | Debt | CORP | United States | 1,500,000 | principal | $1.7M | 0.31% | 2 |
| Pinnacle Buyer LLC | 72349UAB8 | Loan | CORP | United States | 1,673,226 | principal | $1.7M | 0.31% | 2 |
| OHA Loan Funding Ltd | 67110VAC1 | CDO/CLO | CORP | Cayman Islands | 3,612,679 | principal | $1.7M | 0.31% | 3 |
| Avalara Inc | 05338KAD9 | Loan | CORP | United States | 1,750,000 | principal | $1.7M | 0.31% | 2 |
| VENTURE GLOBAL PLAQUE | 922966AA4 | Debt | CORP | United States | 1,500,000 | principal | $1.6M | 0.31% | 2 |
| Aimco | 00901TAC0 | CDO/CLO | CORP | Cayman Islands | 2,111,328 | principal | $1.6M | 0.30% | 3 |
| Bain Capital Credit CLO, Limited | 05682FAA8 | CDO/CLO | CORP | Cayman Islands | 2,000,000 | principal | $1.6M | 0.30% | 3 |
| Anchorage Capital CLO LTD | 03331BAL3 | CDO/CLO | CORP | Cayman Islands | 1,600,000 | principal | $1.6M | 0.30% | 3 |
| Carlyle Global Market Strategies | 14319JAA3 | CDO/CLO | CORP | Cayman Islands | 1,600,000 | principal | $1.6M | 0.30% | 3 |
| RR Ltd | 749754AA5 | CDO/CLO | CORP | Cayman Islands | 1,600,000 | principal | $1.6M | 0.29% | 3 |
| TRANSOCEAN INTERNTNL LTD | 893814AA1 | Debt | CORP | Switzerland | 1,500,000 | principal | $1.6M | 0.29% | 2 |
| Magnetite CLO Ltd | 55955WAE8 | CDO/CLO | CORP | United States | 2,400,000 | principal | $1.5M | 0.29% | 3 |
| BLUE RACER MID LLC/FINAN | 095796AJ7 | Debt | CORP | United States | 1,500,000 | principal | $1.5M | 0.29% | 2 |
| Magnetite CLO Ltd | 55955MAC4 | CDO/CLO | CORP | Cayman Islands | 2,802,916 | principal | $1.5M | 0.28% | 3 |
| ADI ESCROW ISSUER LLC | 00092YAA2 | Debt | CORP | United States | 1,500,000 | principal | $1.5M | 0.28% | 2 |
| INSIGHT ENTERPRS | 45765UAC7 | Debt | CORP | United States | 1,500,000 | principal | $1.5M | 0.28% | 2 |
| DELL INT LLC / EMC CORP | 24703TAF3 | Debt | CORP | United States | 1,500,000 | principal | $1.5M | 0.28% | 2 |
| CANPACK GROUP INC/SA | 13804MAA0 | Debt | CORP | United States | 1,500,000 | principal | $1.5M | 0.28% | 2 |
| Benefit Street Partners CLO Ltd | 08182VAC8 | CDO/CLO | CORP | Cayman Islands | 1,950,000 | principal | $1.5M | 0.28% | 3 |
| Heritage Environmental Services, Inc. | 03970GAC8 | Loan | CORP | United States | 1,500,000 | principal | $1.5M | 0.28% | 3 |
| FORD MOTOR CREDIT CO LLC | 345397C35 | Debt | CORP | United States | 1,465,000 | principal | $1.5M | 0.28% | 2 |
| BASF COATINGS | — | Loan | CORP | France | 1,500,000 | principal | $1.5M | 0.28% | 2 |
| AECOM | 00766TAE0 | Debt | CORP | United States | 1,500,000 | principal | $1.5M | 0.28% | 2 |
| ADI GLOBAL DISTRIB FNDNG LLC | — | Loan | CORP | United States | 1,500,000 | principal | $1.5M | 0.28% | 2 |
| NRG ENERGY INC | 629377DG4 | Debt | CORP | United States | 1,500,000 | principal | $1.5M | 0.28% | 2 |
| SKYSHIELD US BIDCO LTD | 83087DAB9 | Loan | CORP | United States | 1,500,000 | principal | $1.5M | 0.28% | 2 |
| TRAVERSE MIDSTREAM PRTNERS LLC | 89435TAH7 | Loan | CORP | United States | 1,500,000 | principal | $1.5M | 0.28% | 2 |
| Blackfin Pipeline LLC | 09231PAB2 | Loan | CORP | United States | 1,492,500 | principal | $1.5M | 0.28% | 2 |
| NRG ENERGY INC | 629377DF6 | Debt | CORP | United States | 1,500,000 | principal | $1.5M | 0.28% | 2 |
| KAMAN CORPORATION | 48354VAQ5 | Loan | CORP | United States | 1,493,865 | principal | $1.5M | 0.28% | 2 |
| Milford Park CLO, Ltd. | 59966PAW2 | CDO/CLO | CORP | Jersey | 1,500,000 | principal | $1.4M | 0.27% | 3 |
| Aimco | 00901KAC9 | CDO/CLO | CORP | Cayman Islands | 1,860,000 | principal | $1.4M | 0.27% | 3 |
| Aimco | 00140PAC9 | CDO/CLO | CORP | Cayman Islands | 2,180,180 | principal | $1.4M | 0.27% | 3 |
| ADVANCION SCIENCES INC | 499894AA1 | Debt | CORP | United States | 1,787,685 | principal | $1.4M | 0.26% | 2 |
| Elmwood CLO IV Ltd | 29002KAE2 | CDO/CLO | CORP | Cayman Islands | 1,369,000 | principal | $1.4M | 0.25% | 3 |
| CIFC Funding Ltd | 12576FAA3 | CDO/CLO | CORP | Cayman Islands | 1,350,000 | principal | $1.3M | 0.25% | 3 |
| Madison Park Funding Ltd | 55821JAG4 | CDO/CLO | CORP | Cayman Islands | 1,500,000 | principal | $1.3M | 0.25% | 3 |
| Specialty Building Products Holdings LLC | 84748EAF7 | Loan | CORP | United States | 1,492,208 | principal | $1.3M | 0.25% | 2 |
| Voya CLO Ltd | 92920EAC7 | CDO/CLO | CORP | Cayman Islands | 2,243,482 | principal | $1.3M | 0.25% | 3 |
| COREWEAVE FINANCING DDTL V LLC | 21882DAB6 | Loan | CORP | United States | 1,241,215 | principal | $1.3M | 0.24% | 2 |
| LIGHT & WONDER INTL INC | 531968AA3 | Debt | CORP | United States | 1,250,000 | principal | $1.3M | 0.24% | 2 |
| QXO BUILDING PRODUCTS | 77583AAB6 | Debt | CORP | United States | 1,250,000 | principal | $1.3M | 0.24% | 2 |
| Madison Park Funding Ltd | 55823JAA5 | CDO/CLO | CORP | Cayman Islands | 1,300,000 | principal | $1.3M | 0.24% | 3 |
| CIFC Funding Ltd | 17181XAC6 | CDO/CLO | CORP | Cayman Islands | 1,830,000 | principal | $1.3M | 0.24% | 3 |
| 1261229 BC LTD | 68288AAA5 | Debt | CORP | Canada | 1,234,000 | principal | $1.2M | 0.23% | 2 |
| ONT GAMING GTA/OTG CO-IS | 68306MAA7 | Debt | CORP | Canada | 1,250,000 | principal | $1.2M | 0.23% | 2 |
| VENTURE GLOBAL LNG INC | 92332YAH4 | Debt | CORP | United States | 1,250,000 | principal | $1.2M | 0.23% | 2 |
| Captree Park CLO Ltd | 14074FAA6 | CDO/CLO | CORP | Jersey | 1,275,000 | principal | $1.2M | 0.23% | 3 |
| Signal Peak CLO, LLC | 82667DAC7 | CDO/CLO | CORP | Cayman Islands | 1,750,000 | principal | $1.2M | 0.22% | 3 |
| Madison Park Funding Ltd | 55822FAE6 | CDO/CLO | CORP | Cayman Islands | 1,350,000 | principal | $1.2M | 0.22% | 3 |
| CCO HLDGS LLC/CAP CORP | 1248EPCT8 | Debt | CORP | United States | 1,200,000 | principal | $1.2M | 0.22% | 2 |
| KKR Financial CLO Ltd | 48257LAA0 | CDO/CLO | CORP | Cayman Islands | 1,200,000 | principal | $1.2M | 0.22% | 3 |
| CIFC Funding Ltd | 12563KAE9 | CDO/CLO | CORP | Cayman Islands | 1,150,000 | principal | $1.2M | 0.21% | 3 |
| Elmwood CLO 32 Ltd | 29004EAC8 | CDO/CLO | CORP | Cayman Islands | 1,770,000 | principal | $1.1M | 0.21% | 3 |
| OHA Credit Partners Ltd | 67102UAB5 | CDO/CLO | CORP | Cayman Islands | 2,672,000 | principal | $1.1M | 0.20% | 3 |
| Voya CLO Ltd | 92919WAG1 | CDO/CLO | CORP | United States | 1,100,000 | principal | $1.1M | 0.20% | 3 |
| OAK-EAGLE ACQUIRECO INC | 67124CAB9 | Debt | CORP | United States | 1,000,000 | principal | $1.1M | 0.20% | 2 |
| Carlyle Global Market Strategies | 14319JAC9 | CDO/CLO | CORP | Cayman Islands | 2,250,000 | principal | $1.1M | 0.20% | 3 |
| Madison Park Funding Ltd | 55822JAE8 | CDO/CLO | CORP | Cayman Islands | 1,185,000 | principal | $1M | 0.19% | 3 |
| VOLTAGRID LLC | 92874BAA3 | Debt | CORP | United States | 1,000,000 | principal | $1M | 0.19% | 2 |
| BOMBARDIER INC | 097751CD1 | Debt | CORP | Canada | 1,000,000 | principal | $1M | 0.19% | 2 |
| Sixth Street CLO LTD. | 83013EAA8 | CDO/CLO | CORP | Cayman Islands | 1,000,000 | principal | $1M | 0.19% | 3 |
| QXO BUILDING PRODUCTS | 77583AAA8 | Debt | CORP | United States | 1,000,000 | principal | $1M | 0.19% | 2 |
| PIONEER OPCO LLC | 72382NAA4 | Debt | CORP | United States | 1,000,000 | principal | $1M | 0.19% | 2 |
| RIVERS ENTERPRISE | 76883NAA9 | Debt | CORP | United States | 1,000,000 | principal | $1M | 0.19% | 2 |
| RR Ltd | 74989QAJ1 | CDO/CLO | CORP | Cayman Islands | 1,000,000 | principal | $1M | 0.19% | 3 |
| Trimaran CAVU Ltd | 895968AA3 | CDO/CLO | CORP | Cayman Islands | 1,000,000 | principal | $1M | 0.19% | 3 |
| Anchorage Capital CLO LTD | 03333JAA8 | CDO/CLO | CORP | Cayman Islands | 1,000,000 | principal | $1M | 0.19% | 3 |
| Sixth Street CLO LTD. | 83014AAA5 | CDO/CLO | CORP | Cayman Islands | 1,000,000 | principal | $1M | 0.19% | 3 |
| ILIAD HOLDING SAS | 449691AC8 | Debt | CORP | France | 1,000,000 | principal | $1M | 0.19% | 2 |
| CORE & MAIN LP | 21867FAC8 | Debt | CORP | United States | 1,000,000 | principal | $1M | 0.19% | 2 |
| Dryden Senior Loan Fund | 26248HAA7 | CDO/CLO | CORP | Jersey | 1,000,000 | principal | $1M | 0.19% | 3 |
| Benefit Street Partners CLO Ltd | 08183KAA5 | CDO/CLO | CORP | Cayman Islands | 1,000,000 | principal | $1M | 0.19% | 3 |
| TIGER ACQUISITION LLC | 88675UAF9 | Loan | CORP | United States | 1,000,000 | principal | $1M | 0.19% | 3 |
| CIFC Funding Ltd | 171932AA4 | CDO/CLO | CORP | Cayman Islands | 1,000,000 | principal | $991K | 0.18% | 3 |
| KAPLA HOLDING SAS | XS3356049463 | Debt | CORP | France | 857,000 | principal | $990K | 0.18% | 2 |
| Sixth Street CLO LTD. | 83011MAE4 | CDO/CLO | CORP | Cayman Islands | 1,000,000 | principal | $989K | 0.18% | 3 |
| Tenneco Inc | 88037HAN4 | Loan | CORP | United States | 992,288 | principal | $987K | 0.18% | 2 |
| Magnetite CLO Ltd | 55955FAG0 | CDO/CLO | CORP | Cayman Islands | 1,000,000 | principal | $985K | 0.18% | 3 |
| CIFC Funding Ltd | 12567XAG2 | CDO/CLO | CORP | Cayman Islands | 1,000,000 | principal | $984K | 0.18% | 3 |
| CCO HLDGS LLC/CAP CORP | 1248EPCU5 | Debt | CORP | United States | 1,000,000 | principal | $983K | 0.18% | 2 |
| Madison Park Funding Ltd | 55822WAA7 | CDO/CLO | CORP | Cayman Islands | 1,000,000 | principal | $973K | 0.18% | 3 |
| Carlyle Global Market Strategies | 14319MAA6 | CDO/CLO | CORP | Cayman Islands | 1,580,000 | principal | $972K | 0.18% | 3 |
| Oak Hill Credit | 67115MAC6 | CDO/CLO | CORP | Cayman Islands | 1,675,498 | principal | $960K | 0.18% | 3 |
| Ballyrock Ltd | 05876PAA2 | CDO/CLO | CORP | Cayman Islands | 950,000 | principal | $955K | 0.18% | 3 |
| Bain Capital Credit CLO, Limited | 05684WAC5 | CDO/CLO | CORP | Cayman Islands | 4,001,000 | principal | $951K | 0.18% | 3 |
| Octagon Investment Partners 49, Ltd. | 67578DAE2 | CDO/CLO | CORP | Cayman Islands | 1,000,000 | principal | $947K | 0.18% | 3 |
| Ontario Gaming GTA LP | XAC6907UAB70 | Loan | CORP | Canada | 994,891 | principal | $945K | 0.18% | 2 |
| CIFC Funding Ltd | 12575BAE5 | CDO/CLO | CORP | Cayman Islands | 950,000 | principal | $939K | 0.17% | 3 |
| CHS/COMMUNITY HEALTH SYS | 12543DBN9 | Debt | CORP | United States | 863,000 | principal | $929K | 0.17% | 2 |
| Oak Hill Credit | 67122LAA3 | CDO/CLO | CORP | Cayman Islands | 950,000 | principal | $923K | 0.17% | 3 |
| Madison Park Funding Ltd | 55822HAE2 | CDO/CLO | CORP | Cayman Islands | 2,714,800 | principal | $901K | 0.17% | 3 |
| Invesco CLO LTD | 46091AAA8 | CDO/CLO | CORP | Cayman Islands | 1,000,000 | principal | $894K | 0.17% | 3 |
| Blueberry Park CLO | 09609VAC1 | CDO/CLO | CORP | Jersey | 1,840,000 | principal | $894K | 0.17% | 3 |
| Elmwood CLO 46 Ltd | 29005HAA4 | CDO/CLO | CORP | Cayman Islands | 870,000 | principal | $875K | 0.16% | 3 |
| Madison Park Funding Ltd | 55823MAA8 | CDO/CLO | CORP | Cayman Islands | 870,000 | principal | $873K | 0.16% | 3 |
| Madison Park Funding Ltd | 55822FAC0 | CDO/CLO | CORP | Cayman Islands | 2,761,967 | principal | $870K | 0.16% | 3 |
| Madison Park Funding Ltd | 55821JAE9 | CDO/CLO | CORP | Cayman Islands | 1,588,800 | principal | $851K | 0.16% | 3 |
| Oak Hill Credit | 67121WAA0 | CDO/CLO | CORP | Cayman Islands | 850,000 | principal | $833K | 0.15% | 3 |
| Serenity-Peace Park CLO LTD | 81750HAA2 | CDO/CLO | CORP | Cayman Islands | 850,000 | principal | $831K | 0.15% | 3 |
| WILSONART LLC | 97246JAA6 | Debt | CORP | United States | 1,000,000 | principal | $810K | 0.15% | 2 |
| Magnetite CLO Ltd | 559925AA0 | CDO/CLO | CORP | Cayman Islands | 800,000 | principal | $802K | 0.15% | 3 |
| Carlyle Global Market Strategies | 142919AA7 | CDO/CLO | CORP | Cayman Islands | 800,000 | principal | $797K | 0.15% | 3 |
| Aimco | 00901GAC8 | CDO/CLO | CORP | Cayman Islands | 1,444,329 | principal | $793K | 0.15% | 3 |
| Elmwood CLO XI Ltd | 29002MAC2 | CDO/CLO | CORP | Cayman Islands | 1,280,000 | principal | $783K | 0.15% | 3 |
| VENTURE GLOBAL PLAQUE | 922966AC0 | Debt | CORP | United States | 750,000 | principal | $782K | 0.15% | 2 |
| Aimco | 00902EAA6 | CDO/CLO | CORP | Cayman Islands | 750,000 | principal | $749K | 0.14% | 3 |
| Madison Park Funding Ltd | 55820HAG9 | CDO/CLO | CORP | Cayman Islands | 850,000 | principal | $748K | 0.14% | 3 |
| Aimco | 00144FAE3 | CDO/CLO | CORP | Cayman Islands | 750,000 | principal | $743K | 0.14% | 3 |
| Carlyle Global Market Strategies | 14320KAA7 | CDO/CLO | CORP | Cayman Islands | 735,000 | principal | $738K | 0.14% | 3 |
| Sixth Street CLO LTD. | 83011UAE6 | CDO/CLO | CORP | Jersey | 700,000 | principal | $705K | 0.13% | 3 |
| Carlyle Global Market Strategies | 142924AG4 | CDO/CLO | CORP | Cayman Islands | 700,000 | principal | $703K | 0.13% | 3 |
Equities show share counts; bonds and loans show principal amount. Coupon, maturity and ratings are shown where the filing discloses them. Source: SEC N-PORT via market-data vendor re-serve, position-level.
Holdings reports on file
| Report date | Filed | Positions | Σ weight | Net assets (calc.) | Coverage |
|---|---|---|---|---|---|
| Jun 30, 2026 | Aug 26, 2026 | 329 | 100.0% | $539M | full |
| Mar 31, 2026 | May 26, 2026 | 316 | 100.0% | $523M | full |
| Dec 31, 2025 | Feb 27, 2026 | 320 | 100.0% | $558M | full |
Net assets here are calculated from position values ÷ reported weights (median across positions), not a reported figure.
CEF Explorer research page for Ares Dynamic Credit Allocation Fund, Inc.. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.