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

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$13.92 +0.11 (+0.80 %)
(As of 05/25/2018 04:00 PM ET)
Previous Close$13.92
Today's Range$13.80 - $13.92
52-Week Range$13.31 - $14.93
Volume45,436 shs
Average Volume60,800 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 Thursday, May 10th. Stockholders of record on Wednesday, May 23rd will be given a dividend of $0.12 per share on Thursday, May 31st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 10.34%. The ex-dividend date is Tuesday, May 22nd. 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 trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of 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 news sentiment score of 0.09 on Accern's scale. They also assigned news stories about the investment management company an impact score of 47.30 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.

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

Aberdeen Income Credit Strategies Fund's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders 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 and Nisha Kumar. 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 UBS Group AG and Wells Fargo & Company MN. View Insider Buying and Selling for Aberdeen Income Credit Strategies Fund.

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

ACP stock was acquired 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 and Nisha Kumar. 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 $13.92.

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:  52 (Vote Outperform)
Underperform Votes:  52 (Vote Underperform)
Total Votes:  104
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.

Analyst Ratings

Aberdeen Income Credit Strategies Fund (NYSE:ACP) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
(Data available from 5/26/2016 forward)

Earnings

Dividends

Aberdeen Income Credit Strategies Fund (NYSE:ACP) Dividend Information

Aberdeen Income Credit Strategies Fund pays an annual dividend of $1.44 per share, with a dividend yield of 10.34%. ACP's next monthly dividend payment will be made on Thursday, May 31.
Next Dividend:5/31/2018
Annual Dividend:$1.44
Dividend Yield:10.34%
Dividend Growth:-1.50% (3 Year Average)
Payout Ratio(s):N/A
Frequency:Monthly Dividend
Dividend Payments by Quarter for Aberdeen Income Credit Strategies Fund (NYSE:ACP)

Aberdeen Income Credit Strategies Fund (NYSE:ACP) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/10/2018monthly$0.1210.26%5/22/20185/23/20185/31/2018
4/12/2018monthly$0.1210.31%4/19/20184/20/20184/27/2018
3/12/2018monthly$0.1210.2%3/16/20183/19/20183/26/2018
2/12/2018monthly$0.1210.38%2/16/20182/20/20182/27/2018
12/21/2017monthly$0.1210.33%12/28/201712/29/20171/8/2018
12/4/2017monthly$0.1210.43%12/8/201712/11/201712/18/2017
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$0.06908.29%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

Aberdeen Income Credit Strategies Fund (NYSE ACP) Insider Trading and Institutional Ownership History

Insider Trading History for Aberdeen Income Credit Strategies Fund (NYSE:ACP)
Institutional Ownership by Quarter for Aberdeen Income Credit Strategies Fund (NYSE:ACP)

Aberdeen Income Credit Strategies Fund (NYSE ACP) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/19/2018Nisha KumarDirectorBuy1,000$13.87$13,870.00View SEC Filing  
1/12/2018John P SievwrightDirectorBuy5,000$14.39$71,950.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Aberdeen Income Credit Strategies Fund (NYSE ACP) News Headlines

Source:
DateHeadline
Is Asseco Poland SA.’s (WSE:ACP) Balance Sheet Strong Enough To Weather A Storm?Is Asseco Poland SA.’s (WSE:ACP) Balance Sheet Strong Enough To Weather A Storm?
finance.yahoo.com - May 14 at 10:19 AM
Aberdeen Income Credit Strategies Fund (ACP) Plans Monthly Dividend of $0.12Aberdeen Income Credit Strategies Fund (ACP) Plans Monthly Dividend of $0.12
www.americanbankingnews.com - May 10 at 6:33 PM
Aberdeen Income Credit Strategies Fund Announces Results Of Annual Meeting Of ShareholdersAberdeen Income Credit Strategies Fund Announces Results Of Annual Meeting Of Shareholders
finance.yahoo.com - May 10 at 4:35 PM
Asseco Poland SA. (WSE:ACP): What Does The Future Look Like?Asseco Poland SA. (WSE:ACP): What Does The Future Look Like?
finance.yahoo.com - May 9 at 9:31 AM
Does Asseco Poland SA.’s (WSE:ACP) Recent Track Record Look Strong?Does Asseco Poland SA.’s (WSE:ACP) Recent Track Record Look Strong?
finance.yahoo.com - April 16 at 9:23 AM
Aberdeen Income Credit Strategies Fund (ACP) Declares $0.12 Monthly DividendAberdeen Income Credit Strategies Fund (ACP) Declares $0.12 Monthly Dividend
www.americanbankingnews.com - April 12 at 4:51 PM
Aberdeen Income Credit Strategies Fund (ACP) Plans $0.12 Monthly DividendAberdeen Income Credit Strategies Fund (ACP) Plans $0.12 Monthly Dividend
www.americanbankingnews.com - March 12 at 5:46 PM
Did Asseco Poland SA. (WSE:ACP) Create Value For Investors Over The Past Year?Did Asseco Poland SA. (WSE:ACP) Create Value For Investors Over The Past Year?
finance.yahoo.com - March 9 at 5:27 PM
Aberdeen Income Credit Strategies Fund(1) Announces Performance Data And Portfolio CompositionAberdeen Income Credit Strategies Fund(1) Announces Performance Data And Portfolio Composition
finance.yahoo.com - February 23 at 4:54 PM
Aberdeen Income Credit Strategies Fund Announces Performance Data And Portfolio CompositionAberdeen Income Credit Strategies Fund Announces Performance Data And Portfolio Composition
finance.yahoo.com - February 2 at 4:36 PM
Avenue Income Credit Strategies Fund (ACP) Plans Monthly Dividend of $0.12Avenue Income Credit Strategies Fund (ACP) Plans Monthly Dividend of $0.12
www.americanbankingnews.com - December 21 at 6:02 PM
Aberdeen Income Credit Strategies Fund Announces Payment Of Monthly DistributionAberdeen Income Credit Strategies Fund Announces Payment Of Monthly Distribution
finance.yahoo.com - December 19 at 10:44 AM
Avenue Income Credit Strategies Fund (ACP) Plans $0.12 Monthly DividendAvenue Income Credit Strategies Fund (ACP) Plans $0.12 Monthly Dividend
www.americanbankingnews.com - December 4 at 5:52 PM
Avenue Income Credit Strategies Fund Announces Name Change To Aberdeen Income Credit Strategies FundAvenue Income Credit Strategies Fund Announces Name Change To Aberdeen Income Credit Strategies Fund
finance.yahoo.com - December 1 at 5:56 PM
Aberdeen Income Credit Strategies Fund Announces Monthly DistributionAberdeen Income Credit Strategies Fund Announces Monthly Distribution
finance.yahoo.com - December 1 at 5:56 PM
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

SEC Filings

Aberdeen Income Credit Strategies Fund (NYSE:ACP) SEC Filings

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Social Media

Financials

Aberdeen Income Credit Strategies Fund (NYSE:ACP) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Aberdeen Income Credit Strategies Fund (NYSE ACP) Stock Chart for Saturday, May, 26, 2018

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This page was last updated on 5/26/2018 by MarketBeat.com Staff

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