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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1515324	Ares Dynamic Credit Allocation Fund Inc.	ARDC	()	454969053

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1559485	Joseph John Shaw	2000 Avenue Of The Stars, 12Th Floor Los Angeles CA 90067		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2023-08-16	9,286	$12.85	50,716	No	4	S	Indirect	By the John Shaw Living Trust
Common Stock	Disposition	2023-08-17	20,716	$12.80	30,000	No	4	S	Indirect	By the John Shaw Living Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By the John Shaw Living Trust
No	4	S	Indirect	By the John Shaw Living Trust

Footnotes

Includes shares acquired under the Dividend Reinvestment Plan of Ares Dynamic Credit Allocation Fund, Inc.
The shares are held by the John Shaw Living Trust, of which the reporting person is a beneficiary.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.7799 to $12.85, inclusive. The Reporting Person undertakes to provide to Ares Dynamic Credit Allocation Fund, Inc., any security holder of Ares Dynamic Credit Allocation Fund, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (3) to this Form 4.