ACP Stock Overview
Abrdn Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited.
Snowflake Score | |
---|---|
Valuation | 1/6 |
Future Growth | 0/6 |
Past Performance | 1/6 |
Financial Health | 4/6 |
Dividends | 2/6 |
Abrdn Income Credit Strategies Fund Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$7.01 |
52 Week High | US$7.17 |
52 Week Low | US$5.55 |
Beta | 1.0 |
1 Month Change | 2.79% |
3 Month Change | 0.14% |
1 Year Change | 3.85% |
3 Year Change | -40.84% |
5 Year Change | -41.04% |
Change since IPO | -64.95% |
Recent News & Updates
ACP: Strong Sell Despite 17% Distribution Rate
Jan 03ACP: About To Get Larger Again (Rating Downgrade)
Oct 25ACP Vs. FCO: Comparing Abrdn's 14% And 17% Yielding Credit Funds
Sep 06abrdn Income Credit Strategies Fund declares $0.10 dividend
Feb 10ACP: Time To Take Some Profits On This 15% Yielding CEF
Jan 30Aberdeen Income Credit Strategies Fund goes ex dividend on monday
Jan 20Recent updates
ACP: Strong Sell Despite 17% Distribution Rate
Jan 03ACP: About To Get Larger Again (Rating Downgrade)
Oct 25ACP Vs. FCO: Comparing Abrdn's 14% And 17% Yielding Credit Funds
Sep 06abrdn Income Credit Strategies Fund declares $0.10 dividend
Feb 10ACP: Time To Take Some Profits On This 15% Yielding CEF
Jan 30Aberdeen Income Credit Strategies Fund goes ex dividend on monday
Jan 20Aberdeen Income Credit Strategies Fund declares $0.10 dividend
Dec 12ACP: High Yield From International Sources
Dec 06Aberdeen Income Credit Strategies Fund declares $0.10 dividend
Nov 10Aberdeen Income Credit Strategies Fund goes ex dividend tomorrow
Oct 20ACP: 30% Return In 2 Years If You Can Stomach Volatility
Sep 20Aberdeen Income Credit Strategies Fund: High Yield, High Risk, Diversified Bond CEF
Aug 11ACP - Still A Sell At These Levels
Mar 10ACP Has Been Good To Us; Now It's Time To Say Good-Bye
Jan 11Credit Investing (Part 2): Focus On ACP And FCT
Sep 23ACP: Rights Offering Post-Mortem
Jul 01ACP: Rights Offering Analysis
May 28Aberdeen Income Credit Strategies Fund declares $0.10 dividend
May 10Aberdeen Income Credit Strategies Fund launches preferred shares offering
Apr 28Aberdeen Income Credit Strategies Fund declares $0.10 dividend
Jan 12Aberdeen Income Credit Strategies Fund declares $0.10 dividend
Dec 09Shareholder Returns
ACP | US Capital Markets | US Market | |
---|---|---|---|
7D | 2.0% | -0.9% | 0.5% |
1Y | 3.9% | 30.5% | 29.0% |
Return vs Industry: ACP underperformed the US Capital Markets industry which returned 30.8% over the past year.
Return vs Market: ACP underperformed the US Market which returned 28.4% over the past year.
Price Volatility
ACP volatility | |
---|---|
ACP Average Weekly Movement | 1.7% |
Capital Markets Industry Average Movement | 3.3% |
Market Average Movement | 6.0% |
10% most volatile stocks in US Market | 16.8% |
10% least volatile stocks in US Market | 3.0% |
Stable Share Price: ACP has not had significant price volatility in the past 3 months.
Volatility Over Time: ACP's weekly volatility (2%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2010 | n/a | Christian Pittard | https://www.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
ACP fundamental statistics | |
---|---|
Market cap | US$365.29m |
Earnings (TTM) | US$28.17m |
Revenue (TTM) | US$37.69m |
13.0x
P/E Ratio9.7x
P/S RatioIs ACP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
ACP income statement (TTM) | |
---|---|
Revenue | US$37.69m |
Cost of Revenue | US$0 |
Gross Profit | US$37.69m |
Other Expenses | US$9.52m |
Earnings | US$28.17m |
Last Reported Earnings
Oct 31, 2023
Next Earnings Date
n/a
Earnings per share (EPS) | 0.54 |
Gross Margin | 100.00% |
Net Profit Margin | 74.74% |
Debt/Equity Ratio | 27.6% |
How did ACP perform over the long term?
See historical performance and comparisonDividends
17.1%
Current Dividend Yield222%
Payout RatioDoes ACP pay a reliable dividends?
See ACP dividend history and benchmarksAbrdn Income Credit Strategies Fund dividend dates | |
---|---|
Ex Dividend Date | Mar 20 2024 |
Dividend Pay Date | Mar 28 2024 |
Days until Ex dividend | 1 day |
Days until Dividend pay date | 9 days |
Does ACP pay a reliable dividends?
See ACP dividend history and benchmarks