ARES DYNAMIC CR ALLOCATION F

CUSIP: 04014F102 Class: COM

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

Increased Positions (19)

Decreased Positions (21)

Secure Asset Management, LLC
Value ($000) $253 (-87.2%) Shares 19,050 (-86.5%)
Cedar Wealth Management, LLC
Value ($000) $54 (-81.8%) Shares 4,026 (-80.8%)
Virtus Investment Advisers, LLC
Value ($000) $517 (-27.3%) Shares 38,898 (-23.0%)
LANDSCAPE CAPITAL MANAGEMENT, L.L.C.
Value ($000) $605 (-42.7%) Shares 45,482 (-39.4%)
Advisors Asset Management, Inc.
Value ($000) $4,516 (-23.7%) Shares 339,579 (-19.3%)
Hennion & Walsh Asset Management, Inc.
Value ($000) $3,393 (-8.9%) Shares 255,119 (-3.7%)
WELLS FARGO & COMPANY/MN
Value ($000) $22,084 (-12.4%) Shares 1,660,475 (-7.4%)
NATIONS FINANCIAL GROUP INC, /IA/ /ADV
Value ($000) $855 (-12.6%) Shares 64,281 (-7.5%)
NWF Advisory Services Inc.
Value ($000) $412 (-14.3%) Shares 30,950 (-9.4%)
Capital Investment Advisors, LLC
Value ($000) $2,535 (-10.4%) Shares 190,577 (-5.2%)
BANK OF AMERICA CORP /DE/
Value ($000) $1,758 (-32.3%) Shares 132,189 (-28.4%)
E&G Advisors, LP
Value ($000) $210 (-10.3%) Shares 15,796 (-5.1%)
STIFEL FINANCIAL CORP
Value ($000) $2,423 (-9.0%) Shares 182,201 (-3.7%)
OSAIC HOLDINGS, INC.
Value ($000) $679 (-17.6%) Shares 51,028 (-10.5%)
Cetera Investment Advisers
Value ($000) $341 (-15.8%) Shares 25,660 (-10.9%)
Farther Finance Advisors, LLC
Value ($000) $1,403 (-7.0%) Shares 105,495 (-1.6%)
NewEdge Advisors, LLC
Value ($000) $261 (-8.7%) Shares 19,639 (-3.4%)
CoreCap Advisors, LLC
Value ($000) $54 (-14.8%) Shares 4,074 (-9.8%)
MAI Capital Management
Value ($000) $1 (-90.6%) Shares 57 (-90.0%)
Turim 21 Investimentos Ltda.
Value ($000) $18 (-10.3%) Shares 1,332 (-5.1%)