Avenue Income Credit Strategies Fund Company Profile (NYSE:ACP)

About Avenue Income Credit Strategies Fund (NYSE:ACP)

Avenue Income Credit Strategies Fund logoAvenue Income Credit Strategies Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund's primary investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It seeks to achieve its investment objectives by opportunistically investing primarily in loan and debt instruments (and loan-related or debt-related instruments, including repurchase and reverse repurchase agreements and derivative instruments) of issuers that operate in a range of industries and geographic regions. It has investments in various sectors, including aerospace and defense; chemicals; containers and packaging; diversified telecommunication services; energy equipment and services; healthcare equipment and supplies; information technology services; life sciences tools and services; marine; media; oil, gas and consumable fuels; pharmaceuticals, and electric utilities. Avenue Capital Management II, L.P. is its investment advisor.

Industry, Sector and Symbol:
  • Sector: Financials
  • Industry: Closed End Funds
  • Sub-Industry: N/A
  • Symbol: NYSE:ACP
  • CUSIP: N/A
  • Web: N/A
Average Prices:
  • 50 Day Moving Avg: $14.27
  • 200 Day Moving Avg: $14.11
  • 52 Week Range: $11.85 - $14.82
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.000
Misc:
  • Average Volume: 82,003 shs.
 
Frequently Asked Questions for Avenue Income Credit Strategies Fund (NYSE:ACP)

What is Avenue Income Credit Strategies Fund's stock symbol?

Avenue Income Credit Strategies Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "ACP."

How often does Avenue Income Credit Strategies Fund pay dividends? What is the dividend yield for Avenue Income Credit Strategies Fund?

Avenue Income Credit Strategies Fund declared a monthly dividend on Wednesday, August 2nd. Investors of record on Friday, August 11th will be given a dividend of $0.12 per share on Thursday, August 31st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 10.20%. The ex-dividend date of this dividend is Wednesday, August 9th. View Avenue Income Credit Strategies Fund's Dividend History.

Who are some of Avenue Income Credit Strategies Fund's key competitors?

Who are Avenue Income Credit Strategies Fund's key executives?

Avenue Income Credit Strategies Fund's management team includes the folowing people:

  • Joel Thomas Citron, Independent Chairman of the Board of Trustee
  • Randolph Takian, President, Chief Executive Officer, Trustee
  • Stephen M. Atkins, Chief Financial Officer, Treasurer
  • Eric L. Ross, Chief Compliance Officer
  • Jeffrey J. Gary, Vice President
  • Ty Darren Oyer, Secretary
  • Julie Dien Ledoux, Independent Trustee
  • Darren Thompson, Independent Trustee

Who owns Avenue Income Credit Strategies Fund stock?

Avenue Income Credit Strategies Fund's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bessemer Group Inc. (0.00%), Advisor Group Inc. (0.00%), Doliver Capital Advisors LP (0.00%), Cambridge Investment Research Advisors Inc. (0.00%), GRT Capital Partners L.L.C. (0.00%) and Aviance Capital Partners LLC (0.00%). View Institutional Ownership Trends for Avenue Income Credit Strategies Fund.

Who sold Avenue Income Credit Strategies Fund stock? Who is selling Avenue Income Credit Strategies Fund stock?

Avenue Income Credit Strategies Fund's stock was sold by a variety of institutional investors in the last quarter, including Shaker Financial Services LLC, Royal Bank of Canada, Doliver Capital Advisors LP, Telemus Capital LLC, Bessemer Group Inc. and Aviance Capital Partners LLC. View Insider Buying and Selling for Avenue Income Credit Strategies Fund.

Who bought Avenue Income Credit Strategies Fund stock? Who is buying Avenue Income Credit Strategies Fund stock?

Avenue Income Credit Strategies Fund's stock was acquired by a variety of institutional investors in the last quarter, including Cambridge Investment Research Advisors Inc., Wells Fargo & Company MN and Advisor Group Inc.. View Insider Buying and Selling for Avenue Income Credit Strategies Fund.

How do I buy Avenue Income Credit Strategies Fund stock?

Shares of Avenue Income Credit Strategies Fund can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Avenue Income Credit Strategies Fund's stock price today?

One share of Avenue Income Credit Strategies Fund stock can currently be purchased for approximately $14.12.


MarketBeat Community Rating for Avenue Income Credit Strategies Fund (NYSE ACP)
Community Ranking:  2.6 out of 5 ( )
Outperform Votes:  9 (Vote Outperform)
Underperform Votes:  8 (Vote Underperform)
Total Votes:  17
MarketBeat's community ratings are surveys of what our community members think about Avenue Income Credit Strategies Fund and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Avenue Income Credit Strategies Fund (NYSE:ACP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Avenue Income Credit Strategies Fund (NYSE:ACP)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Avenue Income Credit Strategies Fund (NYSE:ACP)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Avenue Income Credit Strategies Fund (NYSE:ACP)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for Avenue Income Credit Strategies Fund (NYSE:ACP)
Next Dividend:8/31/2017
Annual Dividend:$1.44
Dividend Yield:10.20%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:
Dividend Payments by Quarter for Avenue Income Credit Strategies Fund (NYSE:ACP)

Dividend History by Quarter for Avenue Income Credit Strategies Fund (NYSE ACP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/2/2017monthly$0.129.78%8/9/20178/11/20178/31/2017
7/5/2017monthly$0.1210.31%7/11/20177/13/20177/31/2017
6/2/2017monthly$0.1210.03%6/8/20176/12/20176/30/2017
5/2/2017monthly$0.1210.08%5/9/20175/11/20175/31/2017
4/4/2017monthly$0.1210.29%4/11/20174/13/20174/28/2017
3/2/2017monthly$0.1210.08%3/9/20173/13/20173/31/2017
2/2/2017monthly$0.1210.15%2/9/20172/13/20172/28/2017
12/21/2016monthly$0.1210.81%12/28/201612/30/20161/17/2017
7/2/2015monthly$0.129.85%7/9/20157/13/20157/31/2015
6/2/2015monthly$0.129.48%6/9/20156/11/20156/30/2015
5/4/2015monthly$0.129.46%5/7/20155/11/20155/29/2015
2/3/2015monthly$0.129.58%3/10/20153/12/20153/31/2015
2/3/2015monthly$0.129.58%2/10/20152/12/20152/27/2015
2/3/2015monthly$0.129.58%4/9/20154/13/20154/30/2015
12/22/2014monthly$0.129.39%12/29/201412/31/20141/14/2015
12/1/2014dec 14$0.128.98%12/9/201412/11/201412/16/2014
11/3/2014nov 14$0.128.84%11/11/201411/13/201411/28/2014
8/5/2014monthly$0.128.22%10/8/201410/13/201410/31/2014
8/5/2014monthly$0.128.22%9/10/20149/12/20149/30/2014
8/1/2014aug 14$0.128.22%8/7/20148/11/20148/29/2014
5/2/2014monthly$0.128.11%5/8/20145/12/20145/30/2014
5/2/2014monthly$0.128.11%6/10/20146/12/20146/12/2014
5/2/2014monthly$0.128.11%7/9/20147/11/20147/31/2014
2/4/2014monthly$0.128.21%4/9/20144/11/20144/30/2014
2/4/2014monthly$0.128.21%2/11/20142/13/20142/28/2014
2/4/2014monthly$0.128.21%3/11/20143/13/20143/31/2014
2/3/2014feb 14$0.122/11/20142/13/20142/28/2014
12/23/2013monthly$0.128.29%12/27/201312/31/20131/14/2014
12/20/2013special$0.078.29%12/27/201312/31/20131/14/2014
12/3/2013monthly$0.128.56%12/10/201312/12/201312/16/2013
12/2/2013dec 13$0.1212/10/201312/12/201312/16/2013
11/4/2013monthly$0.128.43%11/13/201311/15/201311/29/2013
11/1/2013nov 13$0.1211/13/201311/15/201311/29/2013
8/2/2013monthly$0.128.21%10/10/201310/15/201310/31/2013
8/2/2013monthly$0.128.21%9/13/20139/17/20139/30/2013
8/2/2013monthly$0.128.21%8/13/20138/15/20138/30/2013
5/2/2013monthly$0.127.63%5/13/20135/15/20135/31/2013
5/2/2013monthly$0.127.63%7/11/20137/15/20137/31/2013
5/2/2013monthly$0.127.63%6/13/20136/17/20136/28/2013
2/4/2013monthly$0.127.6%3/13/20133/15/20133/28/2013
2/4/2013monthly$0.127.6%4/11/20134/15/20134/30/2013
2/4/2013monthly$0.127.6%2/13/20132/15/20132/28/2013
12/21/2012monthly$0.127.89%12/27/201212/31/20121/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Avenue Income Credit Strategies Fund (NYSE:ACP)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Avenue Income Credit Strategies Fund (NYSE:ACP)
Latest Headlines for Avenue Income Credit Strategies Fund (NYSE:ACP)
Source:
DateHeadline
finance.yahoo.com logoAvenue Income Credit Strategies Fund Announces Board Approval Of New Advisory Agreement
finance.yahoo.com - August 3 at 8:59 PM
americanbankingnews.com logoAvenue Income Credit Strategies Fund Plans Monthly Dividend of $0.12 (ACP)
www.americanbankingnews.com - August 2 at 5:24 PM
finance.yahoo.com logoAvenue Income Credit Strategies Fund August Monthly Dividend
finance.yahoo.com - August 1 at 8:49 PM
finance.yahoo.com logoArlington planning doesn't endorse changes to Rosslyn Metro Center
finance.yahoo.com - July 12 at 3:47 PM
seekingalpha.com logoAfter First-Half Return Of 15.6%, Savvy Seniors Face Re-Investment Challenges
seekingalpha.com - July 7 at 4:47 PM
americanbankingnews.com logoAvenue Income Credit Strategies Fund Announces Monthly Dividend of $0.12 (ACP)
www.americanbankingnews.com - July 5 at 7:08 PM
americanbankingnews.com logoAvenue Income Credit Strategies Fund (ACP) Announces Monthly Dividend of $0.12
www.americanbankingnews.com - June 2 at 6:56 PM
americanbankingnews.com logoAvenue Income Credit Strategies Fund (ACP) Earns Media Impact Score of 0.16
www.americanbankingnews.com - May 3 at 8:30 AM
americanbankingnews.com logoAvenue Income Credit Strategies Fund (ACP) Receives Daily News Sentiment Rating of 0.31
www.americanbankingnews.com - April 25 at 2:24 PM
americanbankingnews.com logoAvenue Income Credit Strategies Fund (ACP) Receives News Impact Score of 0.31
www.americanbankingnews.com - April 20 at 7:35 AM
finance.yahoo.com logoAvenue Income Credit Strategies Fund April Monthly Dividend
finance.yahoo.com - April 3 at 8:28 PM
finance.yahoo.com logoAvenue Income Credit Strategies Fund March Monthly Dividend
finance.yahoo.com - March 1 at 9:17 PM
bizjournals.com logo​Next up in Rosslyn’s renewal: A swanky overhaul of the Rosslyn Metro building
www.bizjournals.com - February 8 at 3:22 PM
finance.yahoo.com logoAvenue Income Credit Strategies Fund February Monthly Dividend
finance.yahoo.com - February 1 at 8:25 PM
finance.yahoo.com logoAvenue Income Credit Strategies Fund January Monthly Dividend
finance.yahoo.com - December 31 at 12:48 PM
finance.yahoo.com logoCEE MARKETS-Warsaw stocks rebound after government denies radical pension fund plan
finance.yahoo.com - November 18 at 3:17 PM
bizjournals.com logoRTP firm signs on to occupy new building at Durham office park
www.bizjournals.com - June 16 at 10:59 AM
finance.yahoo.com logoAvenue Income Credit Strategies Fund June Monthly Dividend
finance.yahoo.com - June 1 at 4:05 PM
finance.yahoo.com logoAvenue Income Credit Strategies Fund Portfolio Data
finance.yahoo.com - May 12 at 4:05 PM
finance.yahoo.com logoAvenue Income Credit Strategies Fund May Monthly Dividend
finance.yahoo.com - May 2 at 4:05 PM
seekingalpha.com logoAvenue Income Credit Strategies Fund declares $0.12 dividend
seekingalpha.com - April 1 at 5:02 PM

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Chart

Avenue Income Credit Strategies Fund (ACP) Chart for Thursday, August, 17, 2017

This page was last updated on 8/17/2017 by MarketBeat.com Staff