NYSE:ACP

Abrdn Income Credit Strategies Fund (ACP) Stock Forecast, Price & News

$6.97

+0.01 (+0.14%)

(As of 09/22/2023 ET)

Compare

Today's Range: $6.96
▼
$6.99
50-Day Range: $6.81
▼
$7.15
52-Week Range: $6.01
▼
$8.63

Volume: 167,890 shs
Average Volume: 250,985 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 18.65%
Price Target: N/A

About Abrdn Income Credit Strategies Fund (NYSE:ACP) Stock

Abrdn Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited. It is co-managed by Aberdeen Standard Investments Inc. The fund invests in fixed income markets across the globe. It seeks to invest primarily in loan and debt instruments. Abrdn Income Credit Strategies Fund was formed on October 12, 2010 and is domiciled in the United States.

ACP Price History

30 days | 90 days | 365 days | Advanced Chart

ACP Stock News Headlines

September 21, 2023 | finance.yahoo.com

Decoding the Dividend Dynamics of abrdn Income Credit Strategies Fund (ACP)

September 9, 2023 | msn.com

ACP: Solid Foreign Exposure, And A Fully-Covered 17% Yield

September 22, 2023 | Chaikin Analytics (Ad)

This is the #1 Stock to Buy for the AI Tidal Wave

Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.

September 7, 2023 | msn.com

ACP Vs. FCO: Comparing Abrdn's 14% And 17% Yielding Credit Funds

June 21, 2023 | msn.com

ACP.PA: This CEF Debt Slice Could Be Attractive At Yields In Excess Of 6.5%

June 16, 2023 | finance.yahoo.com

abrdn Asia-Pacific Income Fund, Inc. Announces Change in Rating Agency to Kroll Bond Rating Agency from Fitch Ratings for Senior Notes and Mandatory Redeemable Preferred Shares

May 26, 2023 | finance.yahoo.com

ACP - Abrdn Income Credit Strategies Fund

April 23, 2023 | uk.investing.com

abrdn Income Credit Strategies Fund Preferred Series A (ACP_pa)

September 22, 2023 | Chaikin Analytics (Ad)

This is the #1 Stock to Buy for the AI Tidal Wave

Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.

March 31, 2023 | seekingalpha.com

ACP abrdn Income Credit Strategies Fund

February 1, 2023 | technews.tmcnet.com

Delaware Ivy High Income Opportunities Fund Announces Estimated Final Distribution Amounts

January 30, 2023 | seekingalpha.com

ACP: Time To Take Some Profits On This 15% Yielding CEF

December 28, 2022 | seekingalpha.com

AWF: Global Bond Fund That's Better Than ACP

December 22, 2022 | finance.yahoo.com

abrdn's US Closed-End Funds Announce Closing Date for Acquisition of Assets of Four Delaware Management Company-Advised Closed-End Funds

November 30, 2022 | seekingalpha.com

IVH: Get A Free 5% Merger Arbitrage Spread

November 18, 2022 | markets.businessinsider.com

Alternative Credit Income Fund (RCIIX) Celebrates Outperformance at 2nd Anniversary under BC Partners

November 9, 2022 | finance.yahoo.com

abrdn Global Infrastructure Income Fund Announces Adjournment of Special Shareholder Meeting Relating to Proposed Acquisition of Assets of Macquarie Global Infrastructure Total Return Fund Inc

November 9, 2022 | finance.yahoo.com

abrdn U.S. Closed-End Funds Announce Results of Special Shareholder Meetings Relating to Proposed Reorganizations with Delaware Management Company-Advised Closed-End Funds

September 9, 2022 | finance.yahoo.com

abrdn Income Credit Strategies Fund 5.25% Series a Perpetual Preferred Shares Declares Quarterly Dividend

September 5, 2022 | reuters.com

abrdn Income Credit Strategies Fund

August 25, 2022 | wsj.com

abrdn Income Credit Strategies Fund 5.25% Perp. Pfd. Series A

July 30, 2022 | investing.com

abrdn Income Credit Strategies Fund (ACP)

July 29, 2022 | finance.yahoo.com

10 Funds That Beat Inflation and Offer Steady Monthly Income, With Some Risk

June 7, 2022 | finanznachrichten.de

abrdn Asia-Pacific Income Fund VCC: Aberdeen Income Credit Strategies Fund 5.25% Series A Perpetual Preferred Shares Declares Quarterly Dividend

April 25, 2022 | investing.com

Ignore The Fed, Grab Huge 8.6%+ Dividends In 3 Quick Buys

March 21, 2022 | finance.yahoo.com

ArcPacific Resources Significantly Increases Potential of LMSL Copper, Silver, Gold Project with Acquisition

March 21, 2022 | finance.yahoo.com

ArcPacific Resources Significantly Increases Potential of LMSL Copper, Silver, Gold Project with Acquisition

See More Headlines

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ACP Company Calendar

Ex-Dividend for 8/31 Dividend: 8/23/2023
Dividend Payable: 8/31/2023
Ex-Dividend for 9/29 Dividend: 9/21/2023
Today: 9/22/2023
Dividend Payable: 9/29/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Asset Management
Sub-Industry: N/A
Sector: Financial Services
Current Symbol: NYSE:ACP
CUSIP: N/A
CIK: 1503290
Web: www.avenuecapital.com
Phone: (215) 405-5700
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $-10,280,194.00
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Randolph Scott Takian (Age 48)
Chief Exec. Officer, Pres and Interested Trustee

Mr. Jeffrey J. Gary CPA (Age 60)
Portfolio Mang.

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

ACP Stock - Frequently Asked Questions

How have ACP shares performed in 2023?: Abrdn Income Credit Strategies Fund's stock was trading at $6.78 at the beginning of the year. Since then, ACP stock has increased by 2.8% and is now trading at $6.97.
View the best growth stocks for 2023 here.
Are investors shorting Abrdn Income Credit Strategies Fund?: Abrdn Income Credit Strategies Fund saw a increase in short interest in August. As of August 31st, there was short interest totaling 263,800 shares, an increase of 82.7% from the August 15th total of 144,400 shares. Based on an average trading volume of 273,600 shares, the days-to-cover ratio is presently 1.0 days.
View Abrdn Income Credit Strategies Fund's Short Interest.
How often does Abrdn Income Credit Strategies Fund pay dividends? What is the dividend yield for Abrdn Income Credit Strategies Fund?: Abrdn Income Credit Strategies Fund announced a monthly dividend on Tuesday, September 12th. Shareholders of record on Friday, September 22nd will be paid a dividend of $0.10 per share on Friday, September 29th. This represents a $1.20 annualized dividend and a yield of 17.22%. The ex-dividend date of this dividend is Thursday, September 21st.
Read our dividend analysis for ACP.
Is Abrdn Income Credit Strategies Fund a good dividend stock?: Abrdn Income Credit Strategies Fund (NYSE:ACP) pays an annual dividend of $1.30 per share and currently has a dividend yield of 0.11%.
Read our dividend analysis for ACP.
What is Adam Goral's approval rating as Abrdn Income Credit Strategies Fund's CEO?: 6 employees have rated Abrdn Income Credit Strategies Fund Chief Executive Officer Adam Goral on Glassdoor.com. Adam Goral has an approval rating of 100% among the company's employees. This puts Adam Goral in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Abrdn Income Credit Strategies Fund own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Abrdn Income Credit Strategies Fund investors own include Oxford Lane Capital (OXLC), Annaly Capital Management (NLY), AT&T (T), AGNC Investment (AGNC), Cornerstone Strategic Value Fund (CLM), GAMCO Global Gold, Natural Resources & Income Trust (GGN), Orchid Island Capital (ORC), Vermilion Energy (VET), Credit Suisse High Yield Bond Fund (DHY) and Virtus Stone Harbor Emerging Markets Income Fund (EDF).
What is Abrdn Income Credit Strategies Fund's stock symbol?: Abrdn Income Credit Strategies Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "ACP."
Who are Abrdn Income Credit Strategies Fund's major shareholders?: Abrdn Income Credit Strategies Fund's stock is owned by many different retail and institutional investors. Top institutional investors include Sit Investment Associates Inc. (0.00%), Karpus Management Inc. (0.00%), Wells Fargo & Company MN (0.00%), Guggenheim Capital LLC (0.00%), Capital Investment Advisors LLC (0.00%) and LPL Financial LLC (0.00%).
View institutional ownership trends.
How do I buy shares of Abrdn Income Credit Strategies Fund?: Shares of ACP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Abrdn Income Credit Strategies Fund's stock price today?: One share of ACP stock can currently be purchased for approximately $6.97.
How can I contact Abrdn Income Credit Strategies Fund?: Abrdn Income Credit Strategies Fund's mailing address is 399 Park Ave Fl 6, NEW YORK, NY 10022-5074, United States. The official website for the company is www.avenuecapital.com. The investment management company can be reached via phone at (215) 405-5700.

This page (NYSE:ACP) was last updated on 9/22/2023 by MarketBeat.com Staff

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