Aberdeen Income Credit Strategies Fund (NYSE:ACP) traded at a new 52-week high today of $11.70. This new high was reached on approximately average trading volume as 81,000 shares traded hands, while the average 30-day volume is approximately 106,000 shares.
Aberdeen Income Credit Strategies Fund (NYSE:ACP) defies analysts with a current price ($11.68) 0.5% above its average consensus price target of $11.62.
Over the past year, Aberdeen Income Credit Strategies Fund has traded in a range of $5.30 to $11.70 and is now at $11.68, 120% above that low.
Avenue Income Credit Strategies Fund is a non-diversified, closed-end management investment company. Its investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It primarily invests in loan and debt instruments.
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