ARES CAPITAL CORP

Ticker: ARCC CUSIP: 04010L103 Class: COM

Smith Asset Management Co., LLC's Holding History (CIK: 0002068217)

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

Q4 2025

Shares 315,198 Value ($000) $6,376 Avg Close $19.79 Range $18.36 - $20.64

Q3 2025

Shares 296,523 Value ($000) $6,052 Avg Close $21.33 Range $19.60 - $22.39

Q2 2025

Shares 294,182 Value ($000) $6,460 Avg Close $19.97 Range $17.08 - $21.13

Q1 2025

Shares 275,616 Value ($000) $6,108 Avg Close $20.85 Range $19.58 - $21.80

Q4 2024

Shares 269,725 Value ($000) $5,904 Avg Close $19.38 Range $18.52 - $20.24

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	315,198	$6,376	$19.79	$18.36 - $20.64
Q3 2025	296,523	$6,052	$21.33	$19.60 - $22.39
Q2 2025	294,182	$6,460	$19.97	$17.08 - $21.13
Q1 2025	275,616	$6,108	$20.85	$19.58 - $21.80
Q4 2024	269,725	$5,904	$19.38	$18.52 - $20.24