About Avenue Income Credit Strategies Fund (NYSE:ACP)
Avenue 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.
Industry, Sector and Symbol
Industry Closed End Funds
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on EquityN/A
Return on AssetsN/A
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?
Some companies that are related to Avenue Income Credit Strategies Fund include Goldman Sachs MLP Income Opportunities Fund (GMZ), Gladstone Investment Corporation (GAIN), Eagle Point Credit Company (ECC), TICC Capital Corp. (TICC), Medley Capital Corporation (MCC), THL Credit (TCRD), Solar Senior Capital (SUNS), WhiteHorse Finance (WHF), Gladstone Capital Corporation (GLAD), Oaktree Strategic Income (OCSI), Oxford Lane Capital Corp. (OXLC), TriplePoint Venture Growth BDC Corp. (TPVG), Invesco Bond Fund (VBF), Center Coast MLP & Infrastructure Fund (CEN), Stellus Capital Investment Corporation (SCM), Invesco California Value Municipal Income Trust (VCV), OFS Capital Corp (OFS) and Kayne Anderson Energy Development (KED).
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?
Who bought Avenue Income Credit Strategies Fund stock? Who is buying Avenue Income Credit Strategies Fund stock?
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)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.
Analysts' Ratings History for Avenue Income Credit Strategies Fund (NYSE:ACP)
No equities research coverage for this company has been tracked by MarketBeat
Earnings History for Avenue Income Credit Strategies Fund (NYSE:ACP)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Avenue Income Credit Strategies Fund (NYSE:ACP)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Avenue Income Credit Strategies Fund (NYSE:ACP)
|Dividend Growth:||0.00% (3 Year Average)|
Dividend History by Quarter for Avenue Income Credit Strategies Fund (NYSE ACP)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Avenue Income Credit Strategies Fund (NYSE ACP)
No insider trades for this company have been tracked by MarketBeat.com
Latest Headlines for Avenue Income Credit Strategies Fund (NYSE ACP)
Avenue Income Credit Strategies Fund (NYSE ACP) Chart for Saturday, November, 25, 2017