ACP
Price:
$5.44
Market Cap:
$682.56M
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.
Industry
Asset Management - Income
IPO Date
2011-01-27
Stock Exchange
NYSE
Ticker
ACP
According to Abrdn Income Credit Strategies Fund’s latest financial reports and current stock price. The company's current PE Ratio is 16.00. This represents a change of 109.84% compared to the average of 7.63 of the last 4 quarters.
The mean historical PE Ratio of Abrdn Income Credit Strategies Fund over the last ten years is -3.73. The current 16.00 PE Ratio has changed -43017.23% with respect to the historical average. Over the past ten years (40 quarters), ACP's PE Ratio was at its highest in in the October 2023 quarter at 33.21. The PE Ratio was at its lowest in in the October 2021 quarter at -50.91.
Average
-3.73
Median
5.13
Minimum
-68.51
Maximum
48.48
Discovering the peaks and valleys of Abrdn Income Credit Strategies Fund PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 583.12%
Maximum Annual PE Ratio = 48.48
Minimum Annual Increase = -295.40%
Minimum Annual PE Ratio = -68.51
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 5.09 | -1.54% |
| 2023 | 5.17 | -295.40% |
| 2022 | -2.65 | -135.29% |
| 2021 | 7.50 | -118.37% |
| 2020 | -40.84 | -40.40% |
| 2019 | -68.51 | -241.32% |
| 2018 | 48.48 | 583.12% |
| 2017 | 7.10 | -38.72% |
| 2016 | 11.58 | -213.45% |
| 2015 | -10.21 | -163.23% |
The current PE Ratio of Abrdn Income Credit Strategies Fund (ACP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.54
5-year avg
-5.14
10-year avg
-3.73
Abrdn Income Credit Strategies Fund’s PE Ratio is greater than Nuveen Credit Strategies Income Fund (8.46), greater than PIMCO Access Income Fund (7.95), less than CBRE Global Real Estate Income Fund (21.99), greater than Virtus Equity & Convertible Income Fund (5.41), less than Columbia Seligman Premium Technology Growth Fund (16.21), greater than Nuveen California AMT-Free Quality Municipal Income Fund (-27.43), greater than Western Asset Diversified Income Fund (10.59), greater than DoubleLine Yield Opportunities Fund (5.26), greater than Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (9.29), greater than Northern Small Cap Value Fund (0),
| Company | PE Ratio | Market cap |
|---|---|---|
| 8.46 | $755.07M | |
| 7.95 | $728.19M | |
| 21.99 | $673.09M | |
| 5.41 | $706.86M | |
| 16.21 | $653.54M | |
| -27.43 | $633.07M | |
| 10.59 | $745.33M | |
| 5.26 | $708.19M | |
| 9.29 | $620.84M | |
| 0 | $670.92M |
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