Abrdn Income Credit Strategies Fund

Abrdn Income Credit Strategies Fundverified

ACP

Price:

$6.5398

Market Cap:

$340.79M

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 Enterprise Value as of September 2024 (TTM) for Abrdn Income Credit Strategies Fund (ACP) is 444.87M

According to Abrdn Income Credit Strategies Fund’s latest financial reports and current stock price. The company's current Enterprise Value is 444.87M. This represents a change of 0.16% compared to the average of 444.16M of the last 4 quarters.

Abrdn Income Credit Strategies Fund (ACP) Historical Enterprise Value (quarterly & annually)

How has ACP Enterprise Value performed in the past?

The mean historical Enterprise Value of Abrdn Income Credit Strategies Fund over the last ten years is 275.07M. The current 444.87M Enterprise Value has changed 16.07% with respect to the historical average. Over the past ten years (40 quarters), ACP's Enterprise Value was at its highest in in the January 2023 quarter at 495.92M. The Enterprise Value was at its lowest in in the April 2020 quarter at 203.39M.

Quarterly (TTM)
Annual

Average

275.07M

Median

262.24M

Minimum

225.97M

Maximum

380.39M

Abrdn Income Credit Strategies Fund (ACP) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Abrdn Income Credit Strategies Fund Enterprise Value, 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 = 53.90%

Maximum Annual Enterprise Value = 380.39M

Minimum Annual Increase = -35.34%

Minimum Annual Enterprise Value = 225.97M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2023261.54M6.33%
2022245.98M-35.34%
2021380.39M53.90%
2020247.17M9.38%
2019225.97M-10.24%
2018251.75M-7.55%
2017272.30M-5.71%
2016288.78M9.83%
2015262.94M-16.22%
2014313.85M-4.82%

Abrdn Income Credit Strategies Fund (ACP) Average Enterprise Value

How has ACP Enterprise Value performed in the past?

The current Enterprise Value of Abrdn Income Credit Strategies Fund (ACP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

295.97M

5-year avg

272.21M

10-year avg

275.07M

Abrdn Income Credit Strategies Fund (ACP) Enterprise Value vs. Peers

How is ACP’s Enterprise Value compared to its peers?

Abrdn Income Credit Strategies Fund’s Enterprise Value is greater than Virtus Convertible & Income Fund (392.81M), greater than Special Opportunities Fund, Inc. (149.78M), greater than RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (206.46M), greater than Clough Global Dividend and Income Fund (108.48M), greater than RiverNorth Opportunities Fund, Inc. (300.84M), greater than High Income Securities Fund (121.53M), less than Cornerstone Total Return Fund, Inc. (811.64M), greater than Clough Global Opportunities Fund (281.30M), less than Eagle Point Credit Company Inc. (0), less than Cornerstone Strategic Value Fund, Inc. (1.01B), less than Oxford Square Capital Corp. (1.77B), greater than Guggenheim Strategic Opportunities Fund (276.15M), less than PennantPark Floating Rate Capital Ltd. (2.45B), less than Stellus Capital Investment Corporation (1.66B), less than Gladstone Capital Corporation (906.53M), less than Gladstone Investment Corporation (825.53M), less than Prospect Capital Corporation (869.51M), less than null (4.68B),

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Frequently asked questions❓

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