Ares Dynamic Credit Allocation Fund, Inc. — Director's Dealing 2012

Nov 30, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ares Dynamic Credit Allocation Fund, Inc. (ARDC)
CIK: 0001515324
Period of Report: 2012-11-27

Reporting Person: RESSLER ANTONY P (President of Adviser)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-27	Common Stock	P	4400	$20	Acquired	4400	Direct
2012-11-27	Common Stock	P	17000	$20	Acquired	21400	Direct
2012-11-27	Common Stock	P	100000	$20	Acquired	100000	Indirect
2012-11-27	Common Stock	P	4300	$20	Acquired	4300	Indirect
2012-11-27	Common Stock	P	4300	$20	Acquired	4300	Indirect

Footnotes

F1: The shares are held by Antony P. Ressler's IRA.

F2: The shares are held by Antony P. Ressler in a joint account.