Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Aberdeen Income Credit Strategies Fund (NYSE:ACP) Share Price

News articles about Aberdeen Income Credit Strategies Fund (NYSE:ACP) have been trending somewhat positive on Friday, Accern Sentiment reports. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Aberdeen Income Credit Strategies Fund earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the investment management company an impact score of 46.7563993127112 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Shares of Aberdeen Income Credit Strategies Fund stock opened at $13.77 on Friday. Aberdeen Income Credit Strategies Fund has a 1-year low of $13.31 and a 1-year high of $14.93.

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The firm also recently declared a monthly dividend, which was paid on Monday, March 26th. Shareholders of record on Monday, March 19th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, March 16th. This represents a $1.44 dividend on an annualized basis and a yield of 10.46%.

In other Aberdeen Income Credit Strategies Fund news, Director John P. Sievwright purchased 5,000 shares of the firm’s stock in a transaction on Friday, January 12th. The stock was purchased at an average cost of $14.39 per share, for a total transaction of $71,950.00. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

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Aberdeen Income Credit Strategies Fund Company Profile

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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