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Abrdn Income Credit Strategies Fund NYSE:ACP.PRA Stock Report

Last Price

US$24.75

Market Cap

US$352.3m

7D

5.9%

1Y

11.4%

Updated

07 May, 2024

Data

Company Financials

Abrdn Income Credit Strategies Fund

NYSE:ACP.PRA Stock Report

Market Cap: US$352.3m

ACP.PRA Stock Overview

Abrdn Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited.

ACP.PRA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends2/6

Abrdn Income Credit Strategies Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Abrdn Income Credit Strategies Fund
Historical stock prices
Current Share PriceUS$24.75
52 Week HighUS$26.33
52 Week LowUS$19.65
Beta0.99
1 Month Change0.51%
3 Month Change9.80%
1 Year Change11.44%
3 Year Change-4.73%
5 Year Changen/a
Change since IPO-5.17%

Recent News & Updates

Recent updates

Shareholder Returns

ACP.PRAUS Capital MarketsUS Market
7D5.9%3.6%3.3%
1Y11.4%35.7%25.8%

Return vs Industry: ACP.PRA underperformed the US Capital Markets industry which returned 35.4% over the past year.

Return vs Market: ACP.PRA underperformed the US Market which returned 25.1% over the past year.

Price Volatility

Is ACP.PRA's price volatile compared to industry and market?
ACP.PRA volatility
ACP.PRA Average Weekly Movement4.7%
Capital Markets Industry Average Movement3.5%
Market Average Movement6.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.0%

Stable Share Price: ACP.PRA has not had significant price volatility in the past 3 months.

Volatility Over Time: ACP.PRA's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2010n/aChristian Pittardwww.aberdeenacp.com/

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 Fundamentals Summary

How do Abrdn Income Credit Strategies Fund's earnings and revenue compare to its market cap?
ACP.PRA fundamental statistics
Market capUS$352.26m
Earnings (TTM)US$28.17m
Revenue (TTM)US$37.69m

12.5x

P/E Ratio

9.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ACP.PRA income statement (TTM)
RevenueUS$37.69m
Cost of RevenueUS$0
Gross ProfitUS$37.69m
Other ExpensesUS$9.52m
EarningsUS$28.17m

Last Reported Earnings

Oct 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.54
Gross Margin100.00%
Net Profit Margin74.74%
Debt/Equity Ratio27.6%

How did ACP.PRA perform over the long term?

See historical performance and comparison

Dividends

17.8%

Current Dividend Yield

222%

Payout Ratio
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