abrdnome Credit Strategies Fund (abrdnome Credit Strategies Fund) Buyback Yield % : -1.17 (As of Apr. 27, 2024)

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What is abrdnome Credit Strategies Fund Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

abrdnome Credit Strategies Fund's current buyback yield was -1.17%.

abrdnome Credit Strategies Fund Buyback Yield % Historical Data

The historical data trend for abrdnome Credit Strategies Fund's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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abrdnome Credit Strategies Fund Buyback Yield % Chart

abrdnome Credit Strategies Fund Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Buyback Yield %

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-8.75

-1.32

abrdnome Credit Strategies Fund Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Buyback Yield %	Get a 7-Day Free Trial								-	-	-	-112.05	127.73

Competitive Comparison of abrdnome Credit Strategies Fund's Buyback Yield %

For the Asset Management subindustry, abrdnome Credit Strategies Fund's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

abrdnome Credit Strategies Fund's Buyback Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, abrdnome Credit Strategies Fund's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where abrdnome Credit Strategies Fund's Buyback Yield % falls into.

abrdnome Credit Strategies Fund Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

abrdnome Credit Strategies Fund's Buyback Yield for the fiscal year that ended in Oct. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (0	+	3.983)	/	301.1958
	=	-1.32%

abrdnome Credit Strategies Fund's annualized Buyback Yield for the quarter that ended in Oct. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (0	+	-192.363)	*	2	/	301.1958
	=	127.73%

In calculating the annualized semi-annual data, the Repurchase of Stock and Issuance of Stock data used here is two times the semi-annual (Oct. 2023) data.

abrdnome Credit Strategies Fund Buyback Yield % Related Terms

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abrdnome Credit Strategies Fund (abrdnome Credit Strategies Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » abrdn Income Credit Strategies Fund (NYSE:ACP) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103

Website

https://www.aberdeenacp.com

abrdn Income Credit Strategies Fund is a 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 predominantly invests in debt and loan instruments of issues that operate in a variety of industries and geographic regions.

Executives

Peter Branner	other: Other - Director of Adviser	C/O ABRDN, 1900 MARKET STREET, PHILADELPHIA PA 19103
Jaclyn Marie Matsick	other: Director of Sub-Adviser	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Xavier Meyer	other: Director of Adviser	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katie Lynn Gebauer	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katherine A. Corey	officer: Vice President	1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Marika Tooze	other: Director of Sub-Adviser	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Grant Thomas Hotson	other: Director of Adviser	1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Matthew J. Kence	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Andrew Wonil Kim	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Robert W. Hepp	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Michael Marsico	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Brian Kordeck	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Heather Hasson	officer: Vice President	C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Neil Andrew Slater	other: Director of Adviser	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Stephen Bird	director	388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10022