Abrdn Income Credit Strategies Fund

Abrdn Income Credit Strategies Fundverified

ACP

Price:

$6.05

Market Cap:

$759.10M

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.[Read more]

Industry

Asset Management - Income

IPO Date

2011-01-27

Stock Exchange

NYSE

Ticker

ACP

The Dividend Yield as of December 2024 (TTM) for Abrdn Income Credit Strategies Fund (ACP) is 19.83%

According to Abrdn Income Credit Strategies Fund’s latest financial reports and current stock price. The company's current Dividend Yield is 19.83%. This represents a change of 299.45% compared to the average of 4.97% of the last 4 quarters.

Abrdn Income Credit Strategies Fund (ACP) Historical Dividend Yield (quarterly & annually)

How has ACP Dividend Yield performed in the past?

The mean historical Dividend Yield of Abrdn Income Credit Strategies Fund over the last ten years is 12.65%. The current 19.83% Dividend Yield has changed 56.76% with respect to the historical average. Over the past ten years (40 quarters), ACP's Dividend Yield was at its highest in in the April 2023 quarter at 12.61%. The Dividend Yield was at its lowest in in the July 2023 quarter at 0%.

Quarterly (TTM)
Annual

Average

12.65%

Median

11.65%

Minimum

9.25%

Maximum

19.49%

Abrdn Income Credit Strategies Fund (ACP) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Abrdn Income Credit Strategies Fund Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 110.75%

Maximum Annual Dividend Yield = 19.49%

Minimum Annual Increase = -35.15%

Minimum Annual Dividend Yield = 9.25%

Quarterly (TTM)
Annual
YearDividend YieldChange
202316.60%-14.82%
202219.49%110.75%
20219.25%-35.15%
202014.26%17.42%
201912.15%8.86%
201811.16%13.04%
20179.87%0.49%
20169.82%-30.29%
201514.09%43.25%
20149.83%37.25%

Abrdn Income Credit Strategies Fund (ACP) Average Dividend Yield

How has ACP Dividend Yield performed in the past?

The current Dividend Yield of Abrdn Income Credit Strategies Fund (ACP) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

15.12%

5-year avg

14.35%

10-year avg

12.65%

Abrdn Income Credit Strategies Fund (ACP) Dividend Yield vs. Peers

How is ACP’s Dividend Yield compared to its peers?

Abrdn Income Credit Strategies Fund’s Dividend Yield is less than Virtus Convertible & Income Fund (11.66%), less than Special Opportunities Fund, Inc. (7.87%), less than RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (14.53%), less than Clough Global Dividend and Income Fund (11.65%), less than RiverNorth Opportunities Fund, Inc. (13.25%), less than High Income Securities Fund (12.52%), less than Cornerstone Total Return Fund, Inc. (14.35%), less than Clough Global Opportunities Fund (11.18%), less than Eagle Point Credit Company Inc. (0%), less than Cornerstone Strategic Value Fund, Inc. (21.77%), less than Oxford Square Capital Corp. (13.97%), less than Guggenheim Strategic Opportunities Fund (17.07%), less than PennantPark Floating Rate Capital Ltd. (14.24%), less than Stellus Capital Investment Corporation (11.36%), less than Gladstone Capital Corporation (10.66%), less than Gladstone Investment Corporation (8.47%), less than Prospect Capital Corporation (7.30%), less than null (16.20%),

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