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          <relyOnRuleType>Rule 18f-4(e) (17 CFR 270.18f-4(e))</relyOnRuleType>
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        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
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    <signature registrantSignedName="Ares Dynamic Credit Allocation Fund, Inc." signedDate="2026-03-12" signature="Paul Cho" title="Chief Accounting Officer"/>
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