Is Abrdn Income Credit Strategies Fund (ACP) a Buy, Sell, or Hold?
NYSE : ACP
Abrdn Income Credit Strategies Fund
$5.16 USD
-$0.04 (-0.77%)
- Volume
- 412.99K
- Average Volume
- 449.68K
- Market Capitalization
- $647.43M
- P/E Ratio
- 7.94
- Dividend Yield
- 18.02%
- Price Target
- Year High
- $5.99
- Year Low
- $4.99
- Day High
- —
- Day Low
- —
- Payout Ratio
- $1.50
- Current Ratio
- $0.00
Company Overview
NYSE
Alan Goodson
Asset Management
Financial Services
ACP
N/A
US
USD
Liquidity Metrics
0.37
0.00
0.00
0.00
1.50
Sales & Valuation
$57.84M
10.10
0.86
6.51
0.79
Profitability
$0.31
$40.56M
126.90%
126.90%
10.65%
7.74%
P/E Metrics
7.94
0.01
0.01
Analyst Price Target & Rating
3/5
0 Analysts
%
Poll Results
About Abrdn Income Credit Strategies Fund (NYSE:ACP) Stock
Abrdn Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited. It is co-managed by Aberdeen Standard Investments Inc. The fund invests in fixed income markets across the globe. It seeks to invest primarily in loan and debt instruments. Abrdn Income Credit Strategies Fund was formed on October 12, 2010 and is domiciled in the United States. ...
Certain Aberdeen Investments U.S. Closed-End Funds Declare Distribution Dates and Amounts
2026-06-09 16:17:00
PHILADELPHIA, June 9, 2026 /PRNewswire/ -- The following abrdn U.S. Closed-End Funds (NYSE: ACP, AGD, AOD, ASGI, AWP, THQ, THW and NYSE American: AEF, FAX, VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on June 30, 2026 to all shareholders of record as of June 23, 2026 (ex-dividend date June 23, 2026). Please note that for the June 30, 2026 distribution for VFL, the distribution will be paid entirely in cash; no dividend reinvestment option will be available.
ACP: A High Beta CEF To Be Traded (Downgrade)
2026-05-29 05:05:01
abrdn Income Credit Strategies Fund is a high-beta, global high-yield bond CEF with 30% leverage and significant non-U.S. exposure. ACP's 17% distribution rate is unsustainable, with only 49% supported by net investment income and 40% as return of capital. Credit spreads are historically tight, offering limited upside and heightened downside risk for ACP in the current macro environment.
2026-05-22 16:15:00
Houston, TX, May 22, 2026 (GLOBE NEWSWIRE) -- ACP Holdings Acquisition Corp. (Nasdaq: ACGCU) (the “Company”) announced that holders of the units sold in the Company's initial public offering of 21,461,600 units, which includes 1,461,600 units issued pursuant to the partial exercise by the underwriter of its overallotment option, completed on April 8, 2026 (the “Offering”), may elect to separately trade the Class A ordinary shares and warrants included in the units commencing on or about May 28, 2026. Any units not separated will continue to trade on The Nasdaq Global Market under the symbol “ACGCU”, and each of the Class A ordinary shares and warrants will separately trade on The Nasdaq Global Market under the symbols “ACGC” and “ACGCW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their brokers contact Odyssey Stock Transfer & Trust Company, the Company's transfer agent, in order to separate the units into Class A ordinary shares and warrants.
Certain Aberdeen Investments U.S. Closed-End Funds Declare Distribution Dates and Amounts
2026-05-11 16:17:00
PHILADELPHIA, May 11, 2026 /PRNewswire/ -- The following Aberdeen Investments U.S. Closed-End Funds (NYSE: ACP, AGD, AOD, ASGI, AWP, HQH, HQL, IFN, THQ, THW and NYSE American: FAX, IAF, VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on May 29, 2026 to all shareholders of record as of May 21, 2026 (ex-dividend date May 21, 2026). The abrdn Healthcare Investors (HQH), the abrdn Life Sciences Investors (HQL), the abrdn Australia Equity Fund, Inc. (IAF), and the India Fund, Inc. (IFN) will pay their distributions on June 30, 2026, to shareholders of record as of May 21, 2026 (ex‑dividend date May 21, 2026).
Frequently Asked Questions
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What is the current Abrdn Income Credit Strategies Fund (ACP) stock price?
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Abrdn Income Credit Strategies Fund(NYSE:ACP) stock price is $5.16 in the last trading session. During the trading session, ACP stock reached the peak price of $5.99 while $4.99 was the lowest point it dropped to. The percentage change in ACP stock occurred in the recent session was --0.77% while the dollar amount for the price change in ACP stock was -$0.04.
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ACP's industry and sector of operation?
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The NYSE listed ACP is part of Asset Management industry that operates in the broader Financial Services sector.
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Who are the executives of ACP?
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Jeffrey J. Gary | Portfolio Manager
Christian Pittard | President & Chief Executive Officer
Sharon Ferrari | Chief Financial Officer & Treasurer
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How many employees does ACP have?
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Number of ACP employees currently stands at None. ACP operates from 1 George Street, Philadelphia, PA EH2 2LL, US.
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Link for ACP official website?
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Official Website of ACP is: https://www.aberdeenacp.com
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How do I contact ACP?
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ACP could be contacted at phone #12154055700 and can also be accessed through its website. ACP operates from 1 George Street, Philadelphia, PA EH2 2LL, US.
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How many shares of ACP are traded daily?
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The average number of ACP shares traded daily for last 3 months was 449.68K.
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What is the market cap of ACP currently?
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The market value of ACP currently stands at $647.43M with its latest stock price at $5.16