X0306 4/A 2015-12-07 2015-12-09 0 0001515324 Ares Dynamic Credit Allocation Fund, Inc. ARDC 0001140113 SACHS DAVID A 2000 AVENUE OF THE STARS, 12TH FLOOR LOS ANGELES CA 90067 1 0 0 0 Common Stock 18446 I By Richards Sachs Investment Partners LLC Common Stock 2015-12-07 4 P 0 7500.00 13.52 A 67193 D 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. 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. 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. 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. These shares are held directly by David A. Sachs Sep IRA, by David A Sachs Individual Brokerage, by David & Karen R Sachs TTEES Sachs Rev TR DTD 3/12/97, by David & Karen R Sachs TTEES KRS Sep EST Sachs TR DTD 3/12/97, by David & 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. /s/ Brett Byrd, as attorney-in-fact for David A. Sachs 2016-03-03