Avenue Income Credit Strategies Fund Stock Price, News & Analysis (NYSE:ACP)

$14.00 0.04 (0.29 %)
(As of 11/24/2017 04:55 AM ET)
Previous Close$13.96
Today's Range$13.95 - $14.01
52-Week Range$12.74 - $14.93
Volume33,097 shs
Average Volume90,078 shs
Market Capitalization$182.68 million
P/E RatioN/A
Dividend Yield10.32%
Beta0.86

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.

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Industry, Sector and Symbol

Industry Closed End Funds
Sub-IndustryN/A
SectorFinancials
SymbolNYSE:ACP
CUSIPN/A
WebN/A
Phone+1-212-8783500

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares13,070,000

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 announced a monthly dividend on Thursday, November 2nd. Stockholders of record on Monday, November 13th will be given a dividend of $0.12 per share on Thursday, November 30th. This represents a $1.44 annualized dividend and a dividend yield of 10.29%. The ex-dividend date is Friday, November 10th. 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 (Age 55)
  • Randolph Takian, President, Chief Executive Officer, Trustee (Age 40)
  • Stephen M. Atkins, Chief Financial Officer, Treasurer (Age 49)
  • Eric L. Ross, Chief Compliance Officer (Age 46)
  • Jeffrey J. Gary, Vice President (Age 52)
  • Ty Darren Oyer, Secretary (Age 43)
  • Julie Dien Ledoux, Independent Trustee (Age 46)
  • Darren Thompson, Independent Trustee (Age 54)

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 investors include Wells Fargo & Company MN (0.91%), Ladenburg Thalmann Financial Services Inc. (0.60%), Advisors Asset Management Inc. (0.52%), Bessemer Group Inc. (0.00%) and Penserra Capital Management 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 Bessemer Group Inc.. 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 Wells Fargo & Company MN, Advisors Asset Management Inc., Ladenburg Thalmann Financial Services Inc. and Penserra Capital Management LLC. 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 with access to the U.S. stock market 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 $14.00.

How big of a company is Avenue Income Credit Strategies Fund?

Avenue Income Credit Strategies Fund has a market capitalization of $182.68 million.

How can I contact Avenue Income Credit Strategies Fund?

Avenue Income Credit Strategies Fund's mailing address is 399 Park Ave Fl 6, NEW YORK, NY 10022-5074, United States. The investment management company can be reached via phone at +1-212-8783500.


MarketBeat Community Rating for Avenue Income Credit Strategies Fund (ACP)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  22 (Vote Outperform)
Underperform Votes:  21 (Vote Underperform)
Total Votes:  43
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

Analysts' Ratings History for Avenue Income Credit Strategies Fund (NYSE:ACP)


No equities research coverage for this company has been tracked by MarketBeat

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:11/30/2017
Annual Dividend:$1.44
Dividend Yield:10.29%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:
Frequency:Monthly Dividend
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
11/2/2017monthly$0.129.98%11/10/201711/13/201711/30/2017
10/3/2017monthly$0.129.77%10/11/201710/12/201710/31/2017
9/5/2017monthly$0.129.93%9/8/20179/11/20179/29/2017
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

Latest Headlines for Avenue Income Credit Strategies Fund (NYSE ACP)

Source:
DateHeadline
Avenue Income Credit Strategies Fund Announces Shareholder Approval Of New Advisory And Sub-Advisory Agreements And Election Of TrusteesAvenue Income Credit Strategies Fund Announces Shareholder Approval Of New Advisory And Sub-Advisory Agreements And Election Of Trustees
finance.yahoo.com - November 18 at 8:22 AM
Avenue Income Credit Strategies Fund Portfolio DataAvenue Income Credit Strategies Fund Portfolio Data
finance.yahoo.com - November 11 at 12:28 PM
Avenue Income Credit Strategies Fund (ACP) Declares Monthly Dividend of $0.12Avenue Income Credit Strategies Fund (ACP) Declares Monthly Dividend of $0.12
www.americanbankingnews.com - November 2 at 5:40 PM
Avenue Income Credit Strategies Fund November Monthly DividendAvenue Income Credit Strategies Fund November Monthly Dividend
finance.yahoo.com - November 1 at 8:36 PM
Avenue Income Credit Strategies Fund Announces Monthly Dividend of $0.12 (ACP)Avenue Income Credit Strategies Fund Announces Monthly Dividend of $0.12 (ACP)
www.americanbankingnews.com - October 3 at 6:04 PM
Avenue Income Credit Strategies Fund October Monthly DividendAvenue Income Credit Strategies Fund October Monthly Dividend
finance.yahoo.com - October 2 at 8:18 PM
Avenue Income Credit Strategies Fund Plans Monthly Dividend of $0.12 (ACP)Avenue Income Credit Strategies Fund Plans Monthly Dividend of $0.12 (ACP)
www.americanbankingnews.com - September 5 at 7:48 PM
Avenue Income Credit Strategies Fund September Monthly DividendAvenue Income Credit Strategies Fund September Monthly Dividend
finance.yahoo.com - September 1 at 8:59 PM
Why It's Okay to Reach for YieldWhy It's Okay to Reach for Yield
finance.yahoo.com - August 24 at 3:24 PM
Avenue Income Credit Strategies Fund Announces Board Approval Of New Advisory AgreementAvenue Income Credit Strategies Fund Announces Board Approval Of New Advisory Agreement
finance.yahoo.com - August 3 at 8:59 PM
Avenue Income Credit Strategies Fund August Monthly DividendAvenue Income Credit Strategies Fund August Monthly Dividend
finance.yahoo.com - August 1 at 8:49 PM
Arlington planning doesnt endorse changes to Rosslyn Metro CenterArlington planning doesn't endorse changes to Rosslyn Metro Center
finance.yahoo.com - July 12 at 3:47 PM
After First-Half Return Of 15.6%, Savvy Seniors Face Re-Investment ChallengesAfter First-Half Return Of 15.6%, Savvy Seniors Face Re-Investment Challenges
seekingalpha.com - July 7 at 4:47 PM
​Next up in Rosslyn’s renewal: A swanky overhaul of the Rosslyn Metro building​Next up in Rosslyn’s renewal: A swanky overhaul of the Rosslyn Metro building
www.bizjournals.com - February 8 at 3:22 PM
RTP firm signs on to occupy new building at Durham office parkRTP firm signs on to occupy new building at Durham office park
www.bizjournals.com - June 16 at 10:59 AM
Avenue Income Credit Strategies Fund declares $0.12 dividendAvenue Income Credit Strategies Fund declares $0.12 dividend
seekingalpha.com - April 1 at 5:02 PM

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Financials

Chart

Avenue Income Credit Strategies Fund (NYSE ACP) Chart for Saturday, November, 25, 2017
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This page was last updated on 11/25/2017 by MarketBeat.com Staff

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