Abrdn Income Credit Strategies Fund (ACP)
Abrdn Income Credit Strategies Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Philadelphia, PA, US. The stock last traded at $5.15, up 0.78% on the session, giving a market capitalisation of $646.2M. On trailing twelve-month figures it carries a trailing P/E of 7.92, a net margin of 126.9%. Its beta of 0.77 implies it has historically moved less than the broad market.
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.
Abrdn Income Credit Strategies Fund is most often compared with the following Financial Services names: