Ares Dynamic Credit Allocation Fund to Redeem All 1.2M Series B Preferred Shares
ARDC is trading near its 52-week low of $11.6 (8.2% above the low) on light trading volume (0.4× avg).
Summary
Ares Dynamic Credit Allocation Fund filed notice to redeem all 1.2 million Series B preferred shares at $25.00 each on September 15, 2026, a $30 million capital return.
Key Events · Financing and Capital Events · ARDC
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Series B Preferred Redemption
Fund will redeem all 1,200,000 Series B Mandatory Redeemable Preferred Shares at $25.00 per share on September 15, 2026.
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Capital Return
Total redemption value is $30 million (1.2M shares × $25.00 liquidation preference).
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Deleveraging Trend
Follows the Series A redemption of 800,000 shares announced June 15, 2026, suggesting a broader reduction in preferred leverage.
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Redemption Date
Redemption is scheduled for September 15, 2026, pursuant to Section 3(a)(v) of the Articles Supplementary.
Analysis · ARDC · Unknown
The fund will redeem all 1,200,000 Series B Mandatory Redeemable Preferred Shares at $25.00 per share on September 15, 2026. This is a $30 million capital return to preferred holders, reducing leverage and preferred dividend obligations. It follows the Series A redemption announced in June, indicating a broader deleveraging or refinancing strategy.
How filings like this one have moved
In the 30 days to Sep 16, 2026, 30% of the 1759 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.34%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ARDC was trading at $12.55 on NYSE in the Unknown sector, with a market capitalization of approximately $297.7M. The 52-week trading range was $11.60 to $15.03. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.