Quote | Aberdeen Income Credit Strategies Fund Perp Pfd Ser A (OTCMKTS:ACPPP)
Last: | $25.80 |
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Change Percent: | 0.19% |
Open: | $25.7 |
Close: | $25.80 |
High: | $25.94 |
Low: | $25.57 |
Volume: | 11,707 |
Last Trade Date Time: | 05/14/2021 04:41:21 am |
News | Aberdeen Income Credit Strategies Fund Perp Pfd Ser A (OTCMKTS:ACPPP)
ACP is a fixed income CEF focused on global high yield. ACP is focused on the bottom of the credit spectrum with a high concentration in B & CCC debt (41.8%). The fund is down more than -11% since our Sell rating. This article covers CEFs from our suite of products - we fo...
ACP is a closed end fund that invests in global high yield. High-yield CEFs are not created equal - ACP offers a 10% yield by investing predominantly in the riskiest type of debt (high CCC bucket) with leverage on top. The fund has toggled its funding recently by issuing debt via ...
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