Abrdn Income Credit Strategies Fund (ACP-PA)
Abrdn Income Credit Strategies Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Philadelphia, PA, US. The stock last traded at $18.38, up 0.08% on the session, giving a market capitalisation of $2.31B. On trailing twelve-month figures it carries a trailing P/E of 27.84, a net margin of 149.1%. Its beta of 0.77 implies it has historically moved less than the broad market.
The Abrdn Income Credit Strategies Fund operates as a closed-end investment vehicle concentrating on fixed-income assets. It was originally established and is managed by Aberdeen Asset Managers Limited, with co-management provided by Aberdeen Standard Investments Inc. This fund strategically allocates capital across global fixed-income markets, primarily targeting various loan and debt instruments. It commenced operations 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: