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abrdn U.S. Closed-End Funds Announce Distribution Payment Details
ACCESSWIRE (Thu, 28-Mar 4:18 PM ET)
abrdn Asia-Pacific Income Fund VCC Announces Pricing of 2024 Voluntary Cash Redemption
ACCESSWIRE (Thu, 28-Mar 8:07 AM ET)
ACCESSWIRE (Mon, 11-Mar 4:48 PM ET)
abrdn Asia-Pacific Income Fund VCC Announces Monthly Distribution
ACCESSWIRE (Mon, 11-Mar 4:48 PM ET)
abrdn Asia-Pacific Income Fund VCC Announces 2024 Voluntary Cash Redemption
ACCESSWIRE (Fri, 8-Mar 4:32 PM ET)
abrdn Asia-Pacific Income Fund VCC Announces Results of Annual General Meeting
ACCESSWIRE (Fri, 8-Mar 4:27 PM ET)
CORRECTION: abrdn U.S. Closed-End Funds Announce Distribution Payment Details
ACCESSWIRE (Tue, 13-Feb 9:40 PM ET)
The Fund’s investment objective is 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 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 variety of industries and geographic regions.
Aberdeen Income Credit Strategies trades on the NYSE stock market under the symbol ACP.
As of March 28, 2024, ACP stock price climbed to $6.78 with 247,743 million shares trading.
ACP has a beta of 0.89, meaning it tends to be less sensitive to market movements. ACP has a correlation of 0.25 to the broad based SPY ETF.
ACP has a market cap of $353.31 million. This is considered a Small Cap stock.
In the last 3 years, ACP stock traded as high as $12.67 and as low as $5.55.
ACP has underperformed the market in the last year with a price return of +23.7% while the SPY ETF gained +33.6%. ACP has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +5.4% and -1.4%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
ACP support price is $6.70 and resistance is $6.80 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ACP stock will trade within this expected range on the day.