Ares Capital Non-Accruals Rise to 2.4% of Portfolio in Q2 2026
Ares Capital reported weakening credit performance in Q2 2026, with troubled loans rising by 60 basis points year over year. Non-accrual loans increased to 2.4% of its portfolio from 1.8%, while clients paid an average interest rate of 10.3%. Investors’ dividend risk may increase if non-accruals keep climbing toward 3%.