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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 (1) to this Form 4."}],"balance_after":35000,"source":{"system":"sec-edgar","filing":"0001104659-22-035662","document":"tm229782-1_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1032667/000110465922035662/tm229782-1_4seq1.xml","form_type":"4"}},{"id":2423817,"issuer":{"id":5956,"kind":"organization","name":"Ares Dynamic Credit Allocation Fund, Inc.","symbol":"ARDC"},"owners":[{"id":90517,"kind":"person","name":"Shaw John Joseph","position":1,"cik":"0001559485","reported_name":"Shaw John 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(\"AI\") (collectively, the \"Reporting Persons\"), in respect of 8,221 shares of common stock (\"Common Stock\") of Ares Dynamic Credit Allocation Fund, Inc. (the \"Issuer\") sold by AM LLC."},{"field":"shares","element":"transactionShares","label":"F2","text":"AIH initially acquired 4,200 shares of common stock of Ares Multi-Strategy Credit Fund, Inc. (\"ARMF\") on October 28, 2013 in connection with ARMF's initial public offering. AIH's shares of ARMF's common stock then increased in connection with ARMF's dividend reinvestment plan (\"DRIP\"). In August 2015, ARMF merged into the Issuer and all of AIH's 4,826.33 shares of ARMF's common stock were exchanged for a total of 5,856.75 shares of the Issuer's Common Stock. AIH's shares of Common Stock then increased in connection with the Issuer's DRIP. AIH transferred 8,221 shares of Common Stock to AM LLC in a transaction that effected only a change in the form of beneficial interest without changing the Reporting Persons' pecuniary interest in the Common Stock."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F3","text":"AM LLC is the parent company of ACM.  AIH is controlled by AI. Each of AM LLC and AI is indirectly controlled by Ares Management Corporation (\"Ares Management\" and together with the Reporting Persons, the \"Ares Entities\"). Pursuant to Ares Management's Certificate of Incorporation, the holders of Ares Management's Class B common stock, $0.01 par value per share and Class C common stock, $0.01 par value per share, collectively, will generally have the majority of the votes on any matter submitted to the stockholders of Ares Management if certain conditions are met. The Class B and Class C common stock are indirectly controlled by Ares Partners. Ares Partners is managed by a board of managers, which is composed of Michael Arougheti, Ryan Berry, R. Kipp deVeer, David Kaplan, Michael McFerran, Antony Ressler and Bennett Rosenthal (collectively, the \"Board Members\"). Mr. Ressler generally has veto authority over decisions of the Board Members. (Continued in Footnote 4)"},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F4","text":"Each of the Ares Entities (other than AM LLC and AIH with respect to the shares held directly by it), the Board Members and the other directors, officers, partners, stockholders, members and managers of the Ares Entities expressly disclaims beneficial ownership of the shares of these securities, except to the extent of any pecuniary interest therein, and this Form 4 shall not be deemed an admission that any such person or entity is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purposes. The address of each Ares Entity is 2000 Avenue of the Stars, 12th Floor, Los Angeles, California 90067."}],"balance_after":59.003,"source":{"system":"sec-edgar","filing":"0001104659-19-054735","document":"a4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1259313/000110465919054735/a4.xml","form_type":"4"}},{"id":3716940,"issuer":{"id":5956,"kind":"organization","name":"Ares Dynamic Credit Allocation Fund, Inc.","symbol":"ARDC"},"owners":[{"id":128968,"kind":"person","name":"SPECTOR BRUCE H","position":1,"cik":"0001032667","reported_name":"SPECTOR BRUCE H","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2018-12-28T12:38:29.000Z","date":"2018-12-24","kind":"purchase","acquired":true,"shares":10000,"price":13.2989,"value":132989.0,"ownership":{"direct":true},"balance_after":25000,"source":{"system":"sec-edgar","filing":"0001104659-18-075067","document":"a4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1032667/000110465918075067/a4.xml","form_type":"4"}},{"id":3717381,"issuer":{"id":5956,"kind":"organization","name":"Ares Dynamic Credit Allocation Fund, Inc.","symbol":"ARDC"},"owners":[{"id":148935,"kind":"person","name":"Brufsky Seth J","position":1,"cik":"0001559401","reported_name":"Brufsky Seth J","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"President and CEO","other_text":"Portfolio Mgr, VP of Adviser"}}],"security":"Common Stock","published_at":"2018-12-27T21:52:15.000Z","date":"2018-12-24","kind":"purchase","acquired":true,"shares":10000,"price":13.389,"value":133890.0,"ownership":{"direct":false,"nature":"By The Seth J. Brufsky Living Trust"},"footnotes":[{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F1","text":"Includes shares acquired under the Dividend Reinvestment Plan of Ares Dynamic Credit Allocation Fund."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"The shares are held by The Seth J. Brufsky Living Trust, of which the reporting person is a beneficiary."}],"balance_after":49136.6401,"source":{"system":"sec-edgar","filing":"0001104659-18-074930","document":"a4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1515324/000110465918074930/a4.xml","form_type":"4"}},{"id":3735310,"issuer":{"id":5956,"kind":"organization","name":"Ares Dynamic Credit Allocation Fund, Inc.","symbol":"ARDC"},"owners":[{"id":161849,"kind":"person","name":"HUNT JAMES KELSO","position":1,"cik":"0001273532","reported_name":"HUNT JAMES KELSO","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2018-12-11T14:21:46.000Z","date":"2018-12-04","kind":"purchase","acquired":true,"shares":2000,"price":14.7693,"value":29538.6,"ownership":{"direct":false,"nature":"By the Hunt Living Trust"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"The shares are held by the Hunt Living Trust, of which the reporting person is a beneficiary."}],"balance_after":7000,"source":{"system":"sec-edgar","filing":"0001104659-18-072321","document":"a4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1273532/000110465918072321/a4.xml","form_type":"4"}},{"id":3805401,"issuer":{"id":5956,"kind":"organization","name":"Ares Dynamic Credit Allocation Fund, Inc.","symbol":"ARDC"},"owners":[{"id":90517,"kind":"person","name":"Shaw John Joseph","position":1,"cik":"0001559485","reported_name":"Shaw John Joseph","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2018-09-28T17:11:59.000Z","date":"2018-09-26","kind":"purchase","acquired":true,"shares":20000,"price":15.5563,"value":311126.0,"ownership":{"direct":false,"nature":"By the John Shaw Living Trust"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $15.5195 to $15.57, 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 (1) to this Form 4."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes shares acquired under the Dividend Reinvestment Plan of Ares Dynamic Credit Allocation Fund, Inc."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"The shares are held by the John Shaw Living Trust, of which the reporting person is a beneficiary."}],"balance_after":31461,"source":{"system":"sec-edgar","filing":"0001104659-18-059331","document":"a4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1515324/000110465918059331/a4.xml","form_type":"4"}},{"id":3806004,"issuer":{"id":5956,"kind":"organization","name":"Ares Dynamic Credit Allocation Fund, Inc.","symbol":"ARDC"},"owners":[{"id":128968,"kind":"person","name":"SPECTOR BRUCE H","position":1,"cik":"0001032667","reported_name":"SPECTOR BRUCE H","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2018-09-28T13:12:28.000Z","date":"2018-09-26","kind":"purchase","acquired":true,"shares":3720,"price":15.6299,"value":58143.228,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $15.625 to $15.6299, 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 (1) to this Form 4."}],"balance_after":15000.83,"source":{"system":"sec-edgar","filing":"0001104659-18-059332","document":"a4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1032667/000110465918059332/a4.xml","form_type":"4"}},{"id":3869932,"issuer":{"id":5956,"kind":"organization","name":"Ares Dynamic Credit Allocation Fund, Inc.","symbol":"ARDC"},"owners":[{"id":165090,"kind":"person","name":"Hall Daniel J","position":1,"cik":"0001559412","reported_name":"Hall Daniel J","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"GC, CLO and Secretary"}}],"security":"Common Stock","published_at":"2018-07-11T00:03:06.000Z","date":"2018-07-10","kind":"purchase","acquired":true,"shares":2500,"price":16,"value":40000.0,"ownership":{"direct":true},"balance_after":2500,"source":{"system":"sec-edgar","filing":"0001104659-18-044567","document":"a4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1515324/000110465918044567/a4.xml","form_type":"4"}},{"id":4513130,"issuer":{"id":5956,"kind":"organization","name":"Ares Dynamic Credit Allocation Fund, Inc.","symbol":"ARDC"},"owners":[{"id":161849,"kind":"person","name":"HUNT JAMES KELSO","position":1,"cik":"0001273532","reported_name":"HUNT JAMES KELSO","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2016-12-22T13:42:52.000Z","date":"2016-12-21","kind":"purchase","acquired":true,"shares":5000,"price":14.9688,"value":74844.0,"ownership":{"direct":false,"nature":"By the Hunt Living Trust"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.965 to $14.969, 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 (1) to this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"The shares are held by the Hunt Living Trust, of which the reporting person is a beneficiary."}],"balance_after":5000,"source":{"system":"sec-edgar","filing":"0001104659-16-163426","document":"a4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1273532/000110465916163426/a4.xml","form_type":"4"}},{"id":4516655,"issuer":{"id":5956,"kind":"organization","name":"Ares Dynamic Credit Allocation Fund, Inc.","symbol":"ARDC"},"owners":[{"id":90517,"kind":"person","name":"Shaw John Joseph","position":1,"cik":"0001559485","reported_name":"Shaw John Joseph","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2016-12-19T23:36:29.000Z","date":"2016-12-16","kind":"purchase","acquired":true,"shares":10000,"price":14.9789,"value":149789.0,"ownership":{"direct":false,"nature":"By the John Shaw Living Trust"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.9766 to $14.98, 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 (1) to this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"The shares are held by the John Shaw Living Trust, of which the reporting person is a beneficiary."}],"balance_after":10000,"source":{"system":"sec-edgar","filing":"0001104659-16-162860","document":"a4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1515324/000110465916162860/a4.xml","form_type":"4"}}]}