Avenue 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?
Some companies that are related to Avenue Income Credit Strategies Fund include 3i Infrastructure PLC (3IN), Hercules Capital (HTGC), Ithaca Energy (IAE), Triangle Capital Corporation (TCAP), Foresight Solar Fund Ltd (FSFL), TICC Capital Corp. (TICC), KCAP Financial (KCAP), GLI Finance Ltd (GLIF), Andalas Energy and Power PLC (ADL), Alcentra Capital Corp. (ABDC), American Capital Senior Floating (ACSF), Andalas Energy and Power PLC (CEB), Apollo Investment Corporation (AINV), Ares Capital Corporation (ARCC), BlackRock Capital Investment Corporation (BKCC), BlackRock Enhanced Global Dividend Trust (BOE), BlackRock LT Municipal Advantage Trust (BTA) and Blackrock Taxable Municipal Bond Trust (BBN).
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?
Who bought Avenue Income Credit Strategies Fund stock? Who is buying Avenue Income Credit Strategies Fund stock?
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)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.
Consensus Ratings for Avenue Income Credit Strategies Fund (NYSE:ACP) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| 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 History for Avenue Income Credit Strategies Fund (NYSE:ACP)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Avenue Income Credit Strategies Fund (NYSE:ACP)No earnings estimates for this company have been tracked by MarketBeat.com
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 History by Quarter for Avenue Income Credit Strategies Fund (NYSE ACP)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/2/2017 | monthly | $0.12 | 9.78% | 8/9/2017 | 8/11/2017 | 8/31/2017 |
| 7/5/2017 | monthly | $0.12 | 10.31% | 7/11/2017 | 7/13/2017 | 7/31/2017 |
| 6/2/2017 | monthly | $0.12 | 10.03% | 6/8/2017 | 6/12/2017 | 6/30/2017 |
| 5/2/2017 | monthly | $0.12 | 10.08% | 5/9/2017 | 5/11/2017 | 5/31/2017 |
| 4/4/2017 | monthly | $0.12 | 10.29% | 4/11/2017 | 4/13/2017 | 4/28/2017 |
| 3/2/2017 | monthly | $0.12 | 10.08% | 3/9/2017 | 3/13/2017 | 3/31/2017 |
| 2/2/2017 | monthly | $0.12 | 10.15% | 2/9/2017 | 2/13/2017 | 2/28/2017 |
| 12/21/2016 | monthly | $0.12 | 10.81% | 12/28/2016 | 12/30/2016 | 1/17/2017 |
| 7/2/2015 | monthly | $0.12 | 9.85% | 7/9/2015 | 7/13/2015 | 7/31/2015 |
| 6/2/2015 | monthly | $0.12 | 9.48% | 6/9/2015 | 6/11/2015 | 6/30/2015 |
| 5/4/2015 | monthly | $0.12 | 9.46% | 5/7/2015 | 5/11/2015 | 5/29/2015 |
| 2/3/2015 | monthly | $0.12 | 9.58% | 3/10/2015 | 3/12/2015 | 3/31/2015 |
| 2/3/2015 | monthly | $0.12 | 9.58% | 2/10/2015 | 2/12/2015 | 2/27/2015 |
| 2/3/2015 | monthly | $0.12 | 9.58% | 4/9/2015 | 4/13/2015 | 4/30/2015 |
| 12/22/2014 | monthly | $0.12 | 9.39% | 12/29/2014 | 12/31/2014 | 1/14/2015 |
| 12/1/2014 | dec 14 | $0.12 | 8.98% | 12/9/2014 | 12/11/2014 | 12/16/2014 |
| 11/3/2014 | nov 14 | $0.12 | 8.84% | 11/11/2014 | 11/13/2014 | 11/28/2014 |
| 8/5/2014 | monthly | $0.12 | 8.22% | 10/8/2014 | 10/13/2014 | 10/31/2014 |
| 8/5/2014 | monthly | $0.12 | 8.22% | 9/10/2014 | 9/12/2014 | 9/30/2014 |
| 8/1/2014 | aug 14 | $0.12 | 8.22% | 8/7/2014 | 8/11/2014 | 8/29/2014 |
| 5/2/2014 | monthly | $0.12 | 8.11% | 5/8/2014 | 5/12/2014 | 5/30/2014 |
| 5/2/2014 | monthly | $0.12 | 8.11% | 6/10/2014 | 6/12/2014 | 6/12/2014 |
| 5/2/2014 | monthly | $0.12 | 8.11% | 7/9/2014 | 7/11/2014 | 7/31/2014 |
| 2/4/2014 | monthly | $0.12 | 8.21% | 4/9/2014 | 4/11/2014 | 4/30/2014 |
| 2/4/2014 | monthly | $0.12 | 8.21% | 2/11/2014 | 2/13/2014 | 2/28/2014 |
| 2/4/2014 | monthly | $0.12 | 8.21% | 3/11/2014 | 3/13/2014 | 3/31/2014 |
| 2/3/2014 | feb 14 | $0.12 | | 2/11/2014 | 2/13/2014 | 2/28/2014 |
| 12/23/2013 | monthly | $0.12 | 8.29% | 12/27/2013 | 12/31/2013 | 1/14/2014 |
| 12/20/2013 | special | $0.07 | 8.29% | 12/27/2013 | 12/31/2013 | 1/14/2014 |
| 12/3/2013 | monthly | $0.12 | 8.56% | 12/10/2013 | 12/12/2013 | 12/16/2013 |
| 12/2/2013 | dec 13 | $0.12 | | 12/10/2013 | 12/12/2013 | 12/16/2013 |
| 11/4/2013 | monthly | $0.12 | 8.43% | 11/13/2013 | 11/15/2013 | 11/29/2013 |
| 11/1/2013 | nov 13 | $0.12 | | 11/13/2013 | 11/15/2013 | 11/29/2013 |
| 8/2/2013 | monthly | $0.12 | 8.21% | 10/10/2013 | 10/15/2013 | 10/31/2013 |
| 8/2/2013 | monthly | $0.12 | 8.21% | 9/13/2013 | 9/17/2013 | 9/30/2013 |
| 8/2/2013 | monthly | $0.12 | 8.21% | 8/13/2013 | 8/15/2013 | 8/30/2013 |
| 5/2/2013 | monthly | $0.12 | 7.63% | 5/13/2013 | 5/15/2013 | 5/31/2013 |
| 5/2/2013 | monthly | $0.12 | 7.63% | 7/11/2013 | 7/15/2013 | 7/31/2013 |
| 5/2/2013 | monthly | $0.12 | 7.63% | 6/13/2013 | 6/17/2013 | 6/28/2013 |
| 2/4/2013 | monthly | $0.12 | 7.6% | 3/13/2013 | 3/15/2013 | 3/28/2013 |
| 2/4/2013 | monthly | $0.12 | 7.6% | 4/11/2013 | 4/15/2013 | 4/30/2013 |
| 2/4/2013 | monthly | $0.12 | 7.6% | 2/13/2013 | 2/15/2013 | 2/28/2013 |
| 12/21/2012 | monthly | $0.12 | 7.89% | 12/27/2012 | 12/31/2012 | 1/14/2013 |
(Data available from 1/1/2013 forward)
Insider Trading History for Avenue Income Credit Strategies Fund (NYSE:ACP)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Avenue Income Credit Strategies Fund (NYSE:ACP)
Latest Headlines for Avenue Income Credit Strategies Fund (NYSE:ACP)
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Avenue Income Credit Strategies Fund (ACP) Chart for Thursday, August, 17, 2017
