NYSE:ACP Abrdn Income Credit Strategies Fund (ACP) Stock Forecast, Price & News $6.93 -0.04 (-0.57%) (As of 09/25/2023 ET) Add Compare Share Share Today's Range$6.91▼$6.9650-Day Range$6.81▼$7.1552-Week Range$6.01▼$8.63Volume153,238 shsAverage Volume250,478 shsMarket CapitalizationN/AP/E RatioN/ADividend Yield18.76%Price TargetN/A ProfileProfileChartCompetitorsDividendFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileChartCompetitorsDividendFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media About Abrdn Income Credit Strategies Fund (NYSE:ACP) StockAbrdn 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.Read More ACP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ACP Stock News HeadlinesSeptember 21, 2023 | finance.yahoo.comDecoding the Dividend Dynamics of abrdn Income Credit Strategies Fund (ACP)September 9, 2023 | msn.comACP: Solid Foreign Exposure, And A Fully-Covered 17% YieldSeptember 26, 2023 | Legacy Research (Ad)WARNING: Mandatory U.S. Dollar Recall is Weeks AwayIf you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.September 7, 2023 | msn.comACP Vs. FCO: Comparing Abrdn's 14% And 17% Yielding Credit FundsJune 21, 2023 | msn.comACP.PA: This CEF Debt Slice Could Be Attractive At Yields In Excess Of 6.5%June 16, 2023 | finance.yahoo.comabrdn 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 SharesMay 26, 2023 | finance.yahoo.comACP - Abrdn Income Credit Strategies FundApril 23, 2023 | uk.investing.comabrdn Income Credit Strategies Fund Preferred Series A (ACP_pa)September 26, 2023 | Legacy Research (Ad)WARNING: Mandatory U.S. Dollar Recall is Weeks AwayIf you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.March 31, 2023 | seekingalpha.comACP abrdn Income Credit Strategies FundFebruary 1, 2023 | technews.tmcnet.comDelaware Ivy High Income Opportunities Fund Announces Estimated Final Distribution AmountsJanuary 30, 2023 | seekingalpha.comACP: Time To Take Some Profits On This 15% Yielding CEFDecember 28, 2022 | seekingalpha.comAWF: Global Bond Fund That's Better Than ACPDecember 22, 2022 | finance.yahoo.comabrdn's US Closed-End Funds Announce Closing Date for Acquisition of Assets of Four Delaware Management Company-Advised Closed-End FundsNovember 30, 2022 | seekingalpha.comIVH: Get A Free 5% Merger Arbitrage SpreadNovember 18, 2022 | markets.businessinsider.comAlternative Credit Income Fund (RCIIX) Celebrates Outperformance at 2nd Anniversary under BC PartnersNovember 9, 2022 | finance.yahoo.comabrdn Global Infrastructure Income Fund Announces Adjournment of Special Shareholder Meeting Relating to Proposed Acquisition of Assets of Macquarie Global Infrastructure Total Return Fund IncNovember 9, 2022 | finance.yahoo.comabrdn U.S. Closed-End Funds Announce Results of Special Shareholder Meetings Relating to Proposed Reorganizations with Delaware Management Company-Advised Closed-End FundsSeptember 9, 2022 | finance.yahoo.comabrdn Income Credit Strategies Fund 5.25% Series a Perpetual Preferred Shares Declares Quarterly DividendSeptember 5, 2022 | reuters.comabrdn Income Credit Strategies FundAugust 25, 2022 | wsj.comabrdn Income Credit Strategies Fund 5.25% Perp. Pfd. Series AJuly 30, 2022 | investing.comabrdn Income Credit Strategies Fund (ACP)July 29, 2022 | finance.yahoo.com10 Funds That Beat Inflation and Offer Steady Monthly Income, With Some RiskJune 7, 2022 | finanznachrichten.deabrdn Asia-Pacific Income Fund VCC: Aberdeen Income Credit Strategies Fund 5.25% Series A Perpetual Preferred Shares Declares Quarterly DividendApril 25, 2022 | investing.comIgnore The Fed, Grab Huge 8.6%+ Dividends In 3 Quick BuysMarch 21, 2022 | finance.yahoo.comArcPacific Resources Significantly Increases Potential of LMSL Copper, Silver, Gold Project with AcquisitionMarch 21, 2022 | finance.yahoo.comArcPacific Resources Significantly Increases Potential of LMSL Copper, Silver, Gold Project with AcquisitionSee More Headlines 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. Email Address ACP Company Calendar Ex-Dividend for 8/31 Dividend8/23/2023Dividend Payable8/31/2023Ex-Dividend for 9/29 Dividend9/21/2023Today9/25/2023Dividend Payable9/29/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Asset Management Sub-IndustryN/A SectorFinancial Services Current SymbolNYSE:ACP CUSIPN/A CIK1503290 Webwww.avenuecapital.com Phone(215) 405-5700FaxN/AEmployeesN/AYear FoundedN/AProfitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$-10,280,194.00 Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable BetaN/A Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Randolph Scott Takian (Age 48)Chief Exec. Officer, Pres and Interested Trustee Mr. Jeffrey J. Gary CPA (Age 60)Portfolio Mang. Key Competitorsabrdn Global Premier Properties FundNYSE:AWPAdvent Convertible and Income FundNYSE:AVKAllianceBernstein National Municipal Income FundNYSE:AFBApollo Senior Floating Rate FundNYSE:AFTApollo Tactical Income FundNYSE:AIFView All CompetitorsInstitutional OwnershipWells Fargo & Company MNSold 73,429 shares on 8/15/2023Ownership: 0.000%Quarry LPBought 7,500 shares on 8/15/2023Ownership: 0.000%Integrated Wealth Concepts LLCSold 4,911 shares on 8/15/2023Ownership: 0.000%Royal Bank of CanadaBought 1,627 shares on 8/15/2023Ownership: 0.000%Guggenheim Capital LLCSold 10,059 shares on 8/11/2023Ownership: 0.000%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 2023. Since then, ACP shares have increased by 2.2% and is now trading at $6.93. 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 the month of 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 daily trading volume, of 273,600 shares, the short-interest 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 declared a monthly dividend on Tuesday, September 12th. Stockholders of record on Friday, September 22nd will be given a dividend of $0.10 per share on Friday, September 29th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 17.32%. The ex-dividend date 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 institutional and retail 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 $6.93. 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 9/26/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Abrdn Income Credit Strategies Fund Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: 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 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.