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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
1140113	A David Sachs	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	Acquisiton	2014-03-28	1,000	$18.16	43,100	No	4	P	Direct
Common Stock	Acquisiton	2014-03-31	700	$18.14	43,800	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	5,098	Indirect	By Richards Sachs Investment Partners LLC

Footnotes

The shares are held by Richards Sachs Investment Partners LLC, a limited liability company, of which David A. Sachs is the sole manager and a beneficiary.
Of these shares, 13,800 are held directly by David A. Sachs, 4,300 shares are held by David A. Sachs' IRA and 25,000 shares are held by the Sachs Revocable Trust dated 3-12-97.
Of these shares, 13,800 are held directly by David A. Sachs, 5,000 shares are held by David A. Sachs' IRA and 25,000 shares are held by the Sachs Revocable Trust dated 3-12-97.