NYSE:ACP - Aberdeen Income Credit Strategies Fund Stock Price, Price Target & More

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$14.04 -0.09 (-0.64 %)
(As of 06/18/2018 04:00 PM ET)
Previous Close$14.04
Today's Range$14.04 - $14.04
52-Week Range$13.31 - $14.93
Volume100 shs
Average Volume61,588 shs
Market Capitalization$184.37 million
P/E RatioN/A
Dividend Yield10.21%
Beta0.79

About Aberdeen Income Credit Strategies Fund (NYSE:ACP)

Aberdeen Income Credit Strategies Fund ( The Fund), formerly Avenue Income Credit Strategies 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, and electric utilities. Aberdeen Asset Managers Limited is its investment advisor.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
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

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 Shares13,070,000

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

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."

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 announced a monthly dividend on Tuesday, June 12th. Stockholders of record on Thursday, June 21st will be given a dividend of $0.12 per share on Friday, June 29th. This represents a $1.44 annualized dividend and a dividend yield of 10.26%. The ex-dividend date is Wednesday, June 20th. View Aberdeen Income Credit Strategies Fund's Dividend History.

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

Aberdeen Income Credit Strategies Fund's management team includes the folowing people:
  • Randolph Takian, President, Chief Executive Officer, Trustee (Age 41)
  • Stephen M. Atkins, Chief Financial Officer, Treasurer (Age 50)
  • Eric L. Ross, Chief Compliance Officer (Age 46)
  • Jeffrey J. Gary, Vice President (Age 53)
  • Ty Darren Oyer, Secretary (Age 44)
  • Nisha Kumar, Trustee
  • P. Gerald Malone, Trustee
  • John Sievwright, Trustee

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

Headlines about ACP stock have been trending somewhat positive on Monday, Accern reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Aberdeen Income Credit Strategies Fund earned a coverage optimism score of 0.08 on Accern's scale. They also gave press coverage about the investment management company an impact score of 47.03 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.

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

Aberdeen Income Credit Strategies Fund's stock is owned by a number of of retail and institutional investors. Top institutional investors include Guggenheim Capital LLC (9.95%), Wells Fargo & Company MN (0.95%), Ladenburg Thalmann Financial Services Inc. (0.72%), UBS Group AG (0.33%) and Atlantic Trust Group LLC (0.12%). Company insiders that own Aberdeen Income Credit Strategies Fund stock include John P Sievwright, Nisha Kumar and Peter Gerald Malone. View Institutional Ownership Trends for Aberdeen Income Credit Strategies Fund.

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

ACP stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG and Wells Fargo & Company MN. View Insider Buying and Selling for Aberdeen Income Credit Strategies Fund.

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

ACP stock was purchased by a variety of institutional investors in the last quarter, including Guggenheim Capital LLC, Atlantic Trust Group LLC and Ladenburg Thalmann Financial Services Inc.. Company insiders that have bought Aberdeen Income Credit Strategies Fund stock in the last two years include John P Sievwright, Nisha Kumar and Peter Gerald Malone. View Insider Buying and Selling 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, Scottrade, 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 $14.04.

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

Aberdeen Income Credit Strategies Fund has a market capitalization of $184.37 million.

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 +1-212-8783500.


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

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  55 (Vote Outperform)
Underperform Votes:  54 (Vote Underperform)
Total Votes:  109
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.
This page was last updated on 6/18/2018 by MarketBeat.com Staff

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