<SEC-DOCUMENT>0001104659-14-049507-index.html : 20140701
<SEC-HEADER>0001104659-14-049507.hdr.sgml : 20140701
<ACCEPTANCE-DATETIME>20140701060819
ACCESSION NUMBER:		0001104659-14-049507
CONFORMED SUBMISSION TYPE:	N-CSRS
PUBLIC DOCUMENT COUNT:		12
CONFORMED PERIOD OF REPORT:	20140430
FILED AS OF DATE:		20140701
DATE AS OF CHANGE:		20140701
EFFECTIVENESS DATE:		20140701

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ares Dynamic Credit Allocation Fund, Inc.
		CENTRAL INDEX KEY:			0001515324
		IRS NUMBER:				454969053
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		N-CSRS
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-22535
		FILM NUMBER:		14950642

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 201-4200

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ares Senior Credit Strategies Fund, Inc.
		DATE OF NAME CHANGE:	20110314
</SEC-HEADER>
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<TYPE>N-CSRS
<SEQUENCE>1
<FILENAME>a14-15365_2ncsrs.htm
<DESCRIPTION>N-CSRS
<TEXT>
Document 1 - file: a14-15365_2ncsrs.htm

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<FILENAME>a14-15365_2ex99dcert.htm
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Document 2 - file: a14-15365_2ex99dcert.htm

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<DOCUMENT>
<TYPE>EX-99.906CERT
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<FILENAME>a14-15365_2ex99d906cert.htm
<DESCRIPTION>EX-99.906CERT
<TEXT>
Document 3 - file: a14-15365_2ex99d906cert.htm

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Document 4 - file: j14153653_za018.jpg

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Document 5 - file: j14153653_ba012.jpg

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Document 6 - file: j14153653_ba013.jpg

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Document 7 - file: j14153653_ba014.jpg

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Document 8 - file: j14153653_ba015.jpg

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Document 9 - file: j14153653_ba016.jpg

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Document 10 - file: j14153653_ba017.jpg

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Document 11 - file: j14153653_aa010.jpg

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Document 12 - file: j14153653_aa011.jpg

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