Abrdn Income Credit Strategies Fund (NYSE:ACP – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $5.88 and traded as high as $5.98. Abrdn Income Credit Strategies Fund shares last traded at $5.93, with a volume of 477,431 shares.
Abrdn Income Credit Strategies Fund Trading Down 0.2%
The stock’s fifty day moving average price is $5.80 and its 200-day moving average price is $5.88.
Abrdn Income Credit Strategies Fund Dividend Announcement
The firm also recently announced a monthly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 23rd were issued a dividend of $0.0775 per share. This represents a $0.93 dividend on an annualized basis and a dividend yield of 15.68%. The ex-dividend date was Monday, June 23rd.
Institutional Investors Weigh In On Abrdn Income Credit Strategies Fund
Abrdn Income Credit Strategies Fund Company Profile
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.
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