<SEC-DOCUMENT>0001104659-16-102354.txt : 20160303
<SEC-HEADER>0001104659-16-102354.hdr.sgml : 20160303
<ACCEPTANCE-DATETIME>20160303194431
ACCESSION NUMBER:		0001104659-16-102354
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20151207
FILED AS OF DATE:		20160303
DATE AS OF CHANGE:		20160303

ISSUER:		

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

	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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SACHS DAVID A
		CENTRAL INDEX KEY:			0001140113

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-22535
		FILM NUMBER:		161483237

	MAIL ADDRESS:	
		STREET 1:		C/O TEREX CORP
		STREET 2:		200 NYALA FARM ROAD
		CITY:			WESTPORT
		STATE:			CT
		ZIP:			06880
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>a4a.xml
<DESCRIPTION>4/A
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4/A</documentType>

    <periodOfReport>2015-12-07</periodOfReport>

    <dateOfOriginalSubmission>2015-12-09</dateOfOriginalSubmission>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001515324</issuerCik>
        <issuerName>Ares Dynamic Credit Allocation Fund, Inc.</issuerName>
        <issuerTradingSymbol>ARDC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001140113</rptOwnerCik>
            <rptOwnerName>SACHS DAVID A</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>2000 AVENUE OF THE STARS,</rptOwnerStreet1>
            <rptOwnerStreet2>12TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>LOS ANGELES</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>90067</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>18446</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Richards Sachs Investment Partners LLC</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2015-12-07</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>7500.00</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>13.52</value>
                    <footnoteId id="F3"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>67193</value>
                    <footnoteId id="F4"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F5"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The original Form 4 filed on December 9, 2015 mistakenly reported the amount of securities beneficially owned indirectly following the reported transaction to be 20,994.47.</footnote>
        <footnote id="F2">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.</footnote>
        <footnote id="F3">The price reported in Column 4 is a weighted average price. These shares were purchased in two separate transactions at $13.519 and $13.52, respectively.</footnote>
        <footnote id="F4">The original Form 4 filed on December 9, 2015 mistakenly reported the amount of securities beneficially owned directly following the reported transaction to be 64,618.18.</footnote>
        <footnote id="F5">These shares are held directly by David A. Sachs Sep IRA, by David A Sachs Individual Brokerage, by David &amp; Karen R Sachs TTEES Sachs Rev TR DTD 3/12/97, by David &amp; Karen R Sachs TTEES KRS Sep EST Sachs TR DTD 3/12/97, by David &amp; Karen Sachs TTEES FBO Sachs Rev TR DTD 3/12/97, by Custodian for Mr. David Sachs, and by Custodian for Mrs. Karen Richards Sachs.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Brett Byrd, as attorney-in-fact for David A. Sachs</signatureName>
        <signatureDate>2016-03-03</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
