News stories about Aberdeen Income Credit Strategies Fund (NYSE:ACP) have been trending somewhat positive on Wednesday, according to Accern. The research group identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Aberdeen Income Credit Strategies Fund earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news headlines about the investment management company an impact score of 46.3413185996027 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
NYSE ACP traded down $0.01 on Wednesday, hitting $14.06. 33,139 shares of the stock traded hands, compared to its average volume of 60,768. Aberdeen Income Credit Strategies Fund has a twelve month low of $13.31 and a twelve month high of $14.93.
The business also recently declared a monthly dividend, which will be paid on Friday, April 27th. Stockholders of record on Friday, April 20th will be given a dividend of $0.12 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 10.24%. The ex-dividend date is Thursday, April 19th.
Aberdeen Income Credit Strategies Fund ( The Fund), formerly Avenue Income Credit Strategies Fund, is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It 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 issuers that operate in a range of industries and geographic regions.
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