abrdn Income Credit Strategies Fund (ACP)
6.93
-0.04
(-0.57%)
USD |
NYSE |
Sep 25, 15:59
6.93
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 3.70% | 2.35% | 354.63M | 230958.4 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 15.70% | 66.00% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| Aims to seek a high level of current income with a secondary objective of capital appreciation. The Fund seeks to achieve its investment objectives by opportunistically investing primarily in loan and debt instruments (and loan-related or debt-related instruments, including repurchase and reverse repurchase agreements and derivative instruments) of issues that operate in a variety of industries and geographic regions. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | High Yield Bond |
| Category Index | ICE BofA US High Yield TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | abrdn Inc. |
| Prospectus Benchmark Index | |
| ICE BofA Gbl HY Constnd TR HUSD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Ben Pakenham | 5.75 yrs |
| Adam Tabor | 1.84 yrs |
| Erlend Lochen | 1.84 yrs |
| Matthew Kence | 1.84 yrs |
Performance Versus Category
As of September 22, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of September 22, 2023.
Basic Info
| Investment Strategy | |
| Aims to seek a high level of current income with a secondary objective of capital appreciation. The Fund seeks to achieve its investment objectives by opportunistically investing primarily in loan and debt instruments (and loan-related or debt-related instruments, including repurchase and reverse repurchase agreements and derivative instruments) of issues that operate in a variety of industries and geographic regions. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | High Yield Bond |
| Category Index | ICE BofA US High Yield TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | abrdn Inc. |
| Prospectus Benchmark Index | |
| ICE BofA Gbl HY Constnd TR HUSD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Ben Pakenham | 5.75 yrs |
| Adam Tabor | 1.84 yrs |
| Erlend Lochen | 1.84 yrs |
| Matthew Kence | 1.84 yrs |