Form 4 Filing by THRIVENT FINANCIAL FOR LUTHERANS for Ares Dynamic Credit Allocation Fund, Inc.

THRIVENT FINANCIAL FOR LUTHERANS, a ten percent owner, reported a transaction on July 14, 2026. The transaction involved the acquisition of 160,000 shares of Mandatory Redeemable Preferred Shares, Series D, at a price of $25 per share. Following this transaction, the total number of Series D shares held is 160,000. The filing also notes the ownership of 360,000 shares of Mandatory Redeemable Preferred Shares, Series B, and 400,000 shares of Mandatory Redeemable Preferred Shares, Series C, all held directly. The reporting owner is THRIVENT FINANCIAL FOR LUTHERANS, with David S. Royal signing on July 16, 2026.