NYSE:ACPAberdeen Income Credit Strategies Fund Stock Price, Forecast & News

$7.84

+0.02 (+0.26 %)

(As of 05/27/2020 10:14 AM ET)

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Today's Range

$7.81

Now: $7.84▼

$7.89

50-Day Range

$6.40

MA: $7.56▼

$7.92

52-Week Range

$5.30

Now: $7.84▼

$12.90

Volume9,532 shs

Average Volume181,875 shs

Market CapitalizationN/A

P/E RatioN/A

Dividend Yield0.11%

BetaN/A

Avenue Income Credit Strategies Fund is a closed ended fixed income fund launched by Avenue Capital Group. It is managed by Avenue Capital Management II LP. The fund invests in fixed income markets across the globe. It seeks to invest in loan and debt instruments. Avenue Income Credit Strategies Fund was formed on October 12, 2010 and is domiciled in the United States.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Aberdeen Income Credit Strategies Fund.

2.5 Community Rank

Outperform Votes
Aberdeen Income Credit Strategies Fund has received 128 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Aberdeen Income Credit Strategies Fund has received 127 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Aberdeen Income Credit Strategies Fund has received 50.20% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Aberdeen Income Credit Strategies Fund and other stocks. Vote “Outperform” if you believe ACP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ACP will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Aberdeen Income Credit Strategies Fund is a leading dividend payer. It pays a dividend yield of 0.11%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Aberdeen Income Credit Strategies Fund has only been increasing its dividend for 1 years.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Aberdeen Income Credit Strategies Fund insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

0.83 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Investment Trusts/Mutual Funds

Sub-IndustryN/A

SectorMiscellaneous

Current SymbolNYSE:ACP

Previous Symbol

CUSIPN/A

CIK1503290

Webwww.avenuecapital.com

Phone212-878-3500

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 / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding SharesN/A

Market CapN/A

Next Earnings DateN/A

OptionableNot Optionable

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Aberdeen Income Credit Strategies Fund (NYSE:ACP) Frequently Asked Questions

How has Aberdeen Income Credit Strategies Fund's stock been impacted by COVID-19 (Coronavirus)?

Aberdeen Income Credit Strategies Fund's stock was trading at $9.29 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ACP shares have decreased by 15.6% and is now trading at $7.84. View which stocks have been most impacted by Coronavirus.

How often does Aberdeen Income Credit Strategies Fund pay dividends? What is the dividend yield for Aberdeen Income Credit Strategies Fund?

Aberdeen Income Credit Strategies Fund declared a monthly dividend on Monday, May 11th. Investors of record on Thursday, May 21st will be paid a dividend of $0.12 per share on Friday, May 29th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 18.37%. The ex-dividend date of this dividend is Wednesday, May 20th. View Aberdeen Income Credit Strategies Fund's dividend history.

Has Aberdeen Income Credit Strategies Fund been receiving favorable news coverage?

Media headlines about ACP stock have been trending somewhat negative on Wednesday, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Aberdeen Income Credit Strategies Fund earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned press coverage about the investment management company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutAberdeen Income Credit Strategies Fund.

Who are some of Aberdeen Income Credit Strategies Fund's key competitors?

Some companies that are related to Aberdeen Income Credit Strategies Fund include 1ST TR SR FR 20/COM (FIV), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), AllianceBernstein Natnl Muncpl Incm Fnd. (AFB), ALLIANZGI CNV &/COM (CBH), Allianzgi Convertible & Income Fund (NCV), Allianzgi Convertible & Income Fund II (NCZ), Allianzgi NFJ Dividend int & Prm Stgy Fd (NFJ), Alpine Global Dynamic Dividend Fund (AGD), Apollo Tactical Income Fund (AIF), Ares Dynamic Credit Allocation Fund (ARDC), BLACKROCK 2022/COM (BGIO), Blackrock Coporate High Yield Fund (HYT), Blackrock Credit Allocation Income Trust (BTZ) and BlackRock Floating Rate Income SFI (FRA). View all competitors.

What other stocks do shareholders of Aberdeen Income Credit Strategies Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Aberdeen Income Credit Strategies Fund investors own include Oxford Lane Capital (OXLC), Cornerstone Strategic Value Fund (CLM), AT&T (T), ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), GAMCO Global Gold Ntrl Rsrcs & Incm Trst (GGN), Vermilion Energy (VET), Orchid Island Capital (ORC), Credit Suisse High Yield Bond Fund (DHY) and Nexpoint Strategic Opportunities Fund (NHF).

Who are Aberdeen Income Credit Strategies Fund's key executives?

Aberdeen Income Credit Strategies Fund's management team includes the following people:

Mr. Randolph Scott Takian, Chief Exec. Officer, Pres and Interested Trustee (Age 44)
Mr. Stephen M. Atkins, Chief Financial Officer and Treasurer (Age 53)
Mr. Eric Ross, Chief Compliance Officer (Age 50)
Mr. Ty Darren Oyer, Sec. (Age 48)
Mr. Jeffrey J. Gary CPA, VP and Portfolio Mang. (Age 56)

What is Aberdeen Income Credit Strategies Fund's stock symbol?

Aberdeen Income Credit Strategies Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "ACP."

Who are Aberdeen Income Credit Strategies Fund's major shareholders?

Aberdeen Income Credit Strategies Fund's stock is owned by many different retail and institutional investors. Top institutional shareholders include Saba Capital Management L.P. (0.00%), Morgan Stanley (0.00%), Morgan Stanley (0.00%), Advisors Asset Management Inc. (0.00%), Advisor Group Holdings Inc. (0.00%) and Invesco Ltd. (0.00%). Company insiders that own Aberdeen Income Credit Strategies Fund stock include Peter Gerald Malone and Randy Takian. View institutional ownership trends for Aberdeen Income Credit Strategies Fund.

Which institutional investors are selling Aberdeen Income Credit Strategies Fund stock?

ACP stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, UBS Group AG, Wells Fargo & Company MN, CSS LLC IL, Raymond James & Associates, SeaCrest Wealth Management LLC, and Envestnet Asset Management Inc.. View insider buying and selling activity for Aberdeen Income Credit Strategies Fund.

Which institutional investors are buying Aberdeen Income Credit Strategies Fund stock?

ACP stock was purchased by a variety of institutional investors in the last quarter, including Saba Capital Management L.P., Advisor Group Holdings Inc., Invesco Ltd., Matisse Capital, Shaker Financial Services LLC, Mid Atlantic Financial Management Inc. ADV, Advisors Asset Management Inc., and CNH Partners LLC. Company insiders that have bought Aberdeen Income Credit Strategies Fund stock in the last two years include Peter Gerald Malone, and Randy Takian. View insider buying and selling activity for Aberdeen Income Credit Strategies Fund.

How do I buy shares of Aberdeen Income Credit Strategies Fund?

Shares of ACP 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, Robinhood, Fidelity, and Charles Schwab.

What is Aberdeen Income Credit Strategies Fund's stock price today?

One share of ACP stock can currently be purchased for approximately $7.84.

What is Aberdeen Income Credit Strategies Fund's official website?

The official website for Aberdeen Income Credit Strategies Fund is www.avenuecapital.com.

How can I contact Aberdeen Income Credit Strategies Fund?

Aberdeen 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 212-878-3500.

This page was last updated on 5/27/2020 by MarketBeat.com Staff