NYSE:ACP

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

$8.68

-0.02 (-0.23%)

(As of 08/17/2022 03:12 PM ET)

Add

Compare

Today's Range: $8.63
▼
$8.70
50-Day Range: $7.57
▼
$8.72
52-Week Range: $7.50
▼
$11.71

Volume: 3,770 shs
Average Volume: 125,870 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 0.11%
Price Target: N/A

About Abrdn Income Credit Strategies Fund

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.

Abrdn Income Credit Strategies Fund Stock Performance

Shares of NYSE:ACP opened at $8.70 on Wednesday. The business has a fifty day moving average price of $7.99 and a two-hundred day moving average price of $8.98. Abrdn Income Credit Strategies Fund has a 1 year low of $7.50 and a 1 year high of $11.71.

Abrdn Income Credit Strategies Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, August 31st. Shareholders of record on Wednesday, August 24th will be paid a $0.10 dividend. The ex-dividend date is Tuesday, August 23rd. This represents a $1.20 dividend on an annualized basis and a yield of 13.79%.

Receive ACP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Abrdn Income Credit Strategies Fund and its competitors with MarketBeat's FREE daily newsletter.

ACP Stock News Headlines

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

August 17, 2022 | Investing Trends (Ad)

Investor Alert: Argentina Loaded With "White Gold" Opportunity

Experts expect the global lithium market to grow by 500% due to the explosion of electric vehicles and green energy. And one small-cap company just snagged a large lithium deposit in a renowned South American location.

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

February 4, 2022 | finance.yahoo.com

Abrdn U.S. Closed-End Funds Announce Release of U.S. Closed End Funds Monthly Factsheets

August 17, 2022 | Investing Trends (Ad)

How High Can Copper Go?

To power the green revolution, copper demand continues to skyrocket with no end in sight. Prices hit a 10-year high; as copper jumped 79% in the past year. Some analysts are calling for copper to rise another 50-100%! We may be at the beginning of a copper bull run the likes we've never seen before. Just how high can copper go?

January 12, 2022 | finance.yahoo.com

Aberdeen Income Credit Strategies Fund -- Moody's announces completion of a periodic review of ratings of Aberdeen Income Credit Strategies Fund

June 7, 2021 | finance.yahoo.com

Aberdeen Income Credit Strategies Fund Declares Quarterly Dividend For Its 5.25% Series A Perpetual Preferred Shares

May 10, 2021 | msn.com

BRIEF-Aberdeen Income Credit Strategies Fund Announces Rights Offering And Monthly Distribution

May 10, 2021 | finance.yahoo.com

Aberdeen Income Credit Strategies Fund Announces Rights Offering And Monthly Distribution

May 10, 2021 | finance.yahoo.com

Aberdeen Income Credit Strategies Fund Completes Public Offering Of Preferred Shares

May 3, 2021 | finance.yahoo.com

Aberdeen Income Credit Strategies Fund Prices Public Offering Of Preferred Shares

April 28, 2021 | finance.yahoo.com

Aberdeen Income Credit Strategies Fund -- Moody's assigns A2 rating to preferred shares issued by Aberdeen Income Credit Strategies Fund

April 28, 2021 | finance.yahoo.com

Moody's assigns A2 rating to preferred shares issued by Aberdeen Income Credit Strategies Fund

September 11, 2020 | seekingalpha.com

Aberdeen Income Credit Strategies Fund declares $0.10 dividend

September 3, 2020 | seekingalpha.com

Aberdeen Income Credit Strategies - Hardly A 'Senior Loan' Fund

May 6, 2020 | finance.yahoo.com

Aberdeen Income Credit Strategies Fund Announces Results Of Annual Meeting Of Shareholders

May 2, 2020 | www.nasdaq.com

ACP Aberdeen Income Credit Strategies Fund Common Shares

April 30, 2020 | finance.yahoo.com

Revised: Aberdeen Asia-Pacific Income Fund, Inc., Aberdeen Global Income Fund, Inc., Aberdeen Australia Equity Fund, Inc. And Aberdeen Income Credit Strategies Fund Announce Change Of Date, Time And Location Of 2020 Shareholder Meetings

December 13, 2019 | finance.yahoo.com

Aberdeen Income Credit Strategies Fund Announces Monthly Distribution

December 10, 2019 | seekingalpha.com

Quick Notes On Aberdeen Income Credit Strategies Fund's Rights Offering

November 14, 2019 | finance.yahoo.com

Aberdeen Income Credit Strategies Fund Announces Final Results of Its Rights Offering

October 30, 2019 | seekingalpha.com

Aberdeen Income Credit Strategies Fund: Recent Weakness Represents A Buying Opportunity

October 10, 2019 | markets.ft.com

Aberdeen Income Credit Strategies Fund

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive ACP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Abrdn Income Credit Strategies Fund and its competitors with MarketBeat's FREE daily newsletter.

ACP Company Calendar

Ex-Dividend for 7/29 Dividend: 7/21/2022
Dividend Payable: 7/29/2022
Today: 8/17/2022
Ex-Dividend for 8/31 Dividend: 8/23/2022
Dividend Payable: 8/31/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Investment Trusts/Mutual Funds
Sub-Industry: N/A
Sector: Miscellaneous
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: N/A
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

Key Executives

Mr. Randolph Scott Takian (Age 47)
Chief Exec. Officer, Pres and Interested Trustee
Mr. Jeffrey J. Gary CPA (Age 59)
Portfolio Mang.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ACP Stock - Frequently Asked Questions

How have ACP shares performed in 2022?: Abrdn Income Credit Strategies Fund's stock was trading at $10.18 at the start of the year. Since then, ACP shares have decreased by 14.5% and is now trading at $8.70.
View the best growth stocks for 2022 here.
Are investors shorting Abrdn Income Credit Strategies Fund?: Abrdn Income Credit Strategies Fund saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 213,200 shares, an increase of 32.5% from the July 15th total of 160,900 shares. Based on an average daily trading volume, of 100,400 shares, the short-interest ratio is presently 2.1 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 declared a monthly dividend on Tuesday, August 9th. Stockholders of record on Wednesday, August 24th will be given a dividend of $0.10 per share on Wednesday, August 31st. This represents a $1.20 annualized dividend and a dividend yield of 13.79%. The ex-dividend date is Tuesday, August 23rd.
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 $1.44 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 a variety of retail and institutional investors. Top institutional shareholders include NewEdge Advisors LLC (0.00%), UBS Group AG (0.00%), LPL Financial LLC (0.00%), CoreCap Advisors LLC (0.00%) and LFA Lugano Financial Advisors SA (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 $8.70.
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 8/17/2022 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here