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

Headlines about Avenue Income Credit Strategies Fund (NYSE:ACP) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Avenue Income Credit Strategies Fund earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media coverage about the investment management company an impact score of 45.7726260752868 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Shares of Avenue Income Credit Strategies Fund (NYSE ACP) traded up 0.61% during mid-day trading on Monday, reaching $14.86. The company had a trading volume of 48,656 shares. The firm’s 50-day moving average price is $14.52 and its 200 day moving average price is $14.23. Avenue Income Credit Strategies Fund has a 52-week low of $11.85 and a 52-week high of $14.90.

The company also recently announced a monthly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Thursday, October 12th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, October 11th. This represents a $1.44 dividend on an annualized basis and a yield of 9.69%.

COPYRIGHT VIOLATION NOTICE: This news story was posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & international copyright & trademark laws. The correct version of this news story can be viewed at https://ledgergazette.com/2017/10/09/somewhat-favorable-media-coverage-somewhat-unlikely-to-impact-avenue-income-credit-strategies-fund-acp-share-price.html.

Avenue Income Credit Strategies Fund Company Profile

Avenue Income Credit Strategies Fund (the 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.

Shares of Avenue Income Credit Strategies Fund (NYSE ACP) traded up 0.61% during mid-day trading on Monday, reaching $14.86. The company had a trading volume of 48,656 shares. The firm’s 50-day moving average price is $14.52 and its 200 day moving average price is $14.23. Avenue Income Credit Strategies Fund has a 52-week low of $11.85 and a 52-week high of $14.90.

The company also recently announced a monthly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Thursday, October 12th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, October 11th. This represents a $1.44 dividend on an annualized basis and a yield of 9.69%.

COPYRIGHT VIOLATION NOTICE: This news story was posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & international copyright & trademark laws. The correct version of this news story can be viewed at https://ledgergazette.com/2017/10/09/somewhat-favorable-media-coverage-somewhat-unlikely-to-impact-avenue-income-credit-strategies-fund-acp-share-price.html.

Avenue Income Credit Strategies Fund Company Profile

Avenue Income Credit Strategies Fund (the 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.

Insider Buying and Selling by Quarter for Avenue Income Credit Strategies Fund (NYSE:ACP)

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