ARES CAPITAL CORP

Ticker: ARCC CUSIP: 04010L103 Class: COM

PALISADE CAPITAL MANAGEMENT, LP's Holding History (CIK: 0001009006)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 551,786 Value ($000) $11,163 Avg Close $19.79 Range $18.36 - $20.64

Q3 2025

Shares 564,467 Value ($000) $11,521 Avg Close $21.33 Range $19.60 - $22.39

Q2 2025

Shares 570,342 Value ($000) $12,525 Avg Close $19.97 Range $17.08 - $21.13

Q1 2025

Shares 579,985 Value ($000) $12,852 Avg Close $20.85 Range $19.58 - $21.80

Q4 2024

Shares 565,986 Value ($000) $12,389 Avg Close $19.38 Range $18.52 - $20.24

Q3 2024

Shares 535,363 Value ($000) $11,211 Avg Close $18.23 Range $16.88 - $18.78

Q2 2024

Shares 516,192 Value ($000) $10,757 Avg Close $17.90 Range $17.19 - $18.65

Q1 2024

Shares 333,070 Value ($000) $6,935 Avg Close $16.97 Range $16.50 - $17.82

Q4 2023

Shares 436,220 Value ($000) $8,737 Avg Close $15.96 Range $15.11 - $16.83

Q3 2023

Shares 436,220 Value ($000) $8,493 Avg Close $15.48 Range $14.81 - $16.12

Q2 2023

Shares 437,020 Value ($000) $8,212 Avg Close $14.38 Range $13.58 - $15.16

Q1 2023

Shares 437,020 Value ($000) $7,987 Avg Close $14.33 Range $12.98 - $15.20

Q4 2022

Shares 436,745 Value ($000) $8,067 Avg Close $13.85 Range $12.13 - $14.57

Q3 2022

Shares 436,545 Value ($000) $7,369 Avg Close $13.92 Range $12.26 - $14.87

Q2 2022

Shares 426,045 Value ($000) $7,639 Avg Close $13.84 Range $12.20 - $15.83

Q1 2022

Shares 423,045 Value ($000) $8,863 Avg Close $14.63 Range $13.59 - $15.72

Q4 2021

Shares 419,545 Value ($000) $8,890 Avg Close $13.96 Range $13.29 - $14.62

Q3 2021

Shares 428,124 Value ($000) $8,704 Avg Close $13.21 Range $12.76 - $13.85

Q2 2021

Shares 438,641 Value ($000) $8,593 Avg Close $12.51 Range $11.72 - $13.01

Q1 2021

Shares 442,655 Value ($000) $8,282 Avg Close $11.38 Range $10.33 - $12.22

Q4 2020

Shares 452,661 Value ($000) $7,645 Avg Close $9.58 Range $8.32 - $10.75

Q3 2020

Shares 401,161 Value ($000) $5,596 Avg Close $8.55 Range $8.07 - $9.08

Q2 2020

Shares 364,661 Value ($000) $5,269 Avg Close $7.90 Range $5.17 - $9.48

Q1 2020

Shares 371,205 Value ($000) $4,002 Avg Close $9.57 Range $4.60 - $10.93

Q4 2019

Shares 310,869 Value ($000) $5,798 Avg Close $10.31 Range $9.90 - $10.59

Q3 2019

Shares 288,769 Value ($000) $5,381 Avg Close $10.07 Range $9.69 - $10.53

Q2 2019

Shares 275,392 Value ($000) $4,941 Avg Close $9.39 Range $9.08 - $9.82

Q1 2019

Shares 219,745 Value ($000) $3,766 Avg Close $8.68 Range $7.88 - $9.11

Q4 2018

Shares 204,345 Value ($000) $3,184 Avg Close $8.36 Range $7.47 - $8.87

Q3 2018

Shares 207,345 Value ($000) $3,564 Avg Close $8.47 Range $8.03 - $8.77

Q2 2018

Shares 207,345 Value ($000) $3,411 Avg Close $7.94 Range $7.42 - $8.28

Q1 2018

Shares 207,345 Value ($000) $3,291 Avg Close $7.48 Range $7.06 - $7.79

Q4 2017

Shares 207,345 Value ($000) $3,259 Avg Close $7.48 Range $7.21 - $7.65

Q3 2017

Shares 207,345 Value ($000) $3,398 Avg Close $7.28 Range $7.04 - $7.54

Q2 2017

Shares 194,545 Value ($000) $3,187 Avg Close $7.41 Range $7.10 - $7.75

Q1 2017

Shares 192,800 Value ($000) $3,351 Avg Close $7.44 Range $6.98 - $7.70

Q4 2016

Shares 198,800 Value ($000) $3,278 Avg Close $6.62 Range $6.28 - $7.14

Q3 2016

Shares 194,800 Value ($000) $3,019 Avg Close $6.30 Range $5.66 - $6.71

Q2 2016

Shares 194,800 Value ($000) $2,766 Avg Close $5.94 Range $5.67 - $6.15

Q1 2016

Shares 194,800 Value ($000) $2,891 Avg Close $5.37 Range $4.77 - $5.91

Q4 2015

Shares 174,300 Value ($000) $2,484 Avg Close $5.76 Range $5.23 - $6.03

Q3 2015

Shares 174,300 Value ($000) $2,524 Avg Close $5.81 Range $4.05 - $6.14

Q2 2015

Shares 177,300 Value ($000) $2,918 Avg Close $6.04 Range $5.73 - $6.25

Q1 2015

Shares 177,300 Value ($000) $3,044 Avg Close $5.89 Range $5.44 - $6.24

Q4 2014

Shares 171,800 Value ($000) $2,681 Avg Close $5.49 Range $5.03 - $5.64

Q3 2014

Shares 152,700 Value ($000) $2,468 Avg Close $5.68 Range $5.43 - $6.00

Q2 2014

Shares 160,450 Value ($000) $2,866 Avg Close $5.65 Range $5.39 - $6.00

Q1 2014

Shares 161,450 Value ($000) $2,845 Avg Close $5.73 Range $5.59 - $5.95

Q4 2013

Shares 158,450 Value ($000) $2,816 Avg Close $5.52 Range $5.29 - $5.75

Q3 2013

Shares 162,450 Value ($000) $2,809 Avg Close $5.37 Range $5.17 - $5.58

Q2 2013

Shares 165,065 Value ($000) $2,839 Avg Close $5.23 Range $4.93 - $5.49

Q1 2013

Shares 140,700 Value ($000) $2,547 Avg Close $5.29 Range $5.10 - $5.47

Q4 2012

Shares 134,700 Value ($000) $2,357 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	551,786	$11,163	$19.79	$18.36 - $20.64
Q3 2025	564,467	$11,521	$21.33	$19.60 - $22.39
Q2 2025	570,342	$12,525	$19.97	$17.08 - $21.13
Q1 2025	579,985	$12,852	$20.85	$19.58 - $21.80
Q4 2024	565,986	$12,389	$19.38	$18.52 - $20.24
Q3 2024	535,363	$11,211	$18.23	$16.88 - $18.78
Q2 2024	516,192	$10,757	$17.90	$17.19 - $18.65
Q1 2024	333,070	$6,935	$16.97	$16.50 - $17.82
Q4 2023	436,220	$8,737	$15.96	$15.11 - $16.83
Q3 2023	436,220	$8,493	$15.48	$14.81 - $16.12
Q2 2023	437,020	$8,212	$14.38	$13.58 - $15.16
Q1 2023	437,020	$7,987	$14.33	$12.98 - $15.20
Q4 2022	436,745	$8,067	$13.85	$12.13 - $14.57
Q3 2022	436,545	$7,369	$13.92	$12.26 - $14.87
Q2 2022	426,045	$7,639	$13.84	$12.20 - $15.83
Q1 2022	423,045	$8,863	$14.63	$13.59 - $15.72
Q4 2021	419,545	$8,890	$13.96	$13.29 - $14.62
Q3 2021	428,124	$8,704	$13.21	$12.76 - $13.85
Q2 2021	438,641	$8,593	$12.51	$11.72 - $13.01
Q1 2021	442,655	$8,282	$11.38	$10.33 - $12.22
Q4 2020	452,661	$7,645	$9.58	$8.32 - $10.75
Q3 2020	401,161	$5,596	$8.55	$8.07 - $9.08
Q2 2020	364,661	$5,269	$7.90	$5.17 - $9.48
Q1 2020	371,205	$4,002	$9.57	$4.60 - $10.93
Q4 2019	310,869	$5,798	$10.31	$9.90 - $10.59
Q3 2019	288,769	$5,381	$10.07	$9.69 - $10.53
Q2 2019	275,392	$4,941	$9.39	$9.08 - $9.82
Q1 2019	219,745	$3,766	$8.68	$7.88 - $9.11
Q4 2018	204,345	$3,184	$8.36	$7.47 - $8.87
Q3 2018	207,345	$3,564	$8.47	$8.03 - $8.77
Q2 2018	207,345	$3,411	$7.94	$7.42 - $8.28
Q1 2018	207,345	$3,291	$7.48	$7.06 - $7.79
Q4 2017	207,345	$3,259	$7.48	$7.21 - $7.65
Q3 2017	207,345	$3,398	$7.28	$7.04 - $7.54
Q2 2017	194,545	$3,187	$7.41	$7.10 - $7.75
Q1 2017	192,800	$3,351	$7.44	$6.98 - $7.70
Q4 2016	198,800	$3,278	$6.62	$6.28 - $7.14
Q3 2016	194,800	$3,019	$6.30	$5.66 - $6.71
Q2 2016	194,800	$2,766	$5.94	$5.67 - $6.15
Q1 2016	194,800	$2,891	$5.37	$4.77 - $5.91
Q4 2015	174,300	$2,484	$5.76	$5.23 - $6.03
Q3 2015	174,300	$2,524	$5.81	$4.05 - $6.14
Q2 2015	177,300	$2,918	$6.04	$5.73 - $6.25
Q1 2015	177,300	$3,044	$5.89	$5.44 - $6.24
Q4 2014	171,800	$2,681	$5.49	$5.03 - $5.64
Q3 2014	152,700	$2,468	$5.68	$5.43 - $6.00
Q2 2014	160,450	$2,866	$5.65	$5.39 - $6.00
Q1 2014	161,450	$2,845	$5.73	$5.59 - $5.95
Q4 2013	158,450	$2,816	$5.52	$5.29 - $5.75
Q3 2013	162,450	$2,809	$5.37	$5.17 - $5.58
Q2 2013	165,065	$2,839	$5.23	$4.93 - $5.49
Q1 2013	140,700	$2,547	$5.29	$5.10 - $5.47
Q4 2012	134,700	$2,357	—	—