UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 14A

(Rule 14a-101)

Information Required in Proxy Statement
Schedule 14A Information

Proxy Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934 (Amendment No.    )

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☐	Soliciting Material Pursuant to § 240.14a-12

CION ARES DIVERSIFIED CREDIT FUND
(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

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 IONINVESTMENTS  ARES  WE NEED YOUR VOTE REGARDING OURSPECIAL SH AREHO LDERS MEETING  Dear Shareholder:The Special Meet ing of Shareholders of CION Ares Diversi fied Credit Fund was adjourned to Friday, May 22, 2020 at 9 a.m. Eastern Time. Your voteis missini: and your partcipation is needed. If you were a shareholder of record as of January 28, 2020, please join yourfellowshareholdersand vote today!We urge you to vote as soonas possbile in order to allowCION Ares Diversified Credit Fund to obtain the necessary number of votes required to holdthe meeting on the adjournedmeeting date.Voting today will avoid the need for our proxy solicitor, Broadri dge, to init iate further calls, e·mails or mailingsto you. Aftercareful consideration, the Board of Trustees unanimously recommendshareholdersvote•FoR• the proposals. Sincerely,MichaelA.ReisnerC-o President and Co·CEO  Voting is qu ick and will on ly take a fewminutes.To speak with a live agent and votepleasecall:1-800-574-5943Please vote prompt ly.Thank you for voting!  8 PHONE  WITHOUT A PROXY CARDCall1·800-574-5943 Monday to Friday. 9:00 a.m. to 9:00 p.m.EDT to speak with a proxyspecialist.WITHA PROXYCARDCall l ·800·690·6903 with a touch-tone phone to vote using an automated system.  ONLINE  WWW.PROXYVOTE.COM/CADCPlease have your proxycard in hand when accessnig the website. There areeas- yto-follow directions to help you complete the electronic voting instruction form.  MAIL  VOTE PROCESSINGM ark. sign and dateyour ballotand return i t in the postage-paid envelopeprovided.  Proxy Questions? Call 1· 800-574·5943  SAMPLE·LTR