XACPX: Avenue Income Credit Strategies Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$10.90

-

-

3.02%

Vitals

YTD Return

-2.9%

1 yr return

17.6%

3 Yr Avg Return

1.7%

5 Yr Avg Return

5.6%

Net Assets

$191 M

Holdings in Top 10

21.8%

52 WEEK LOW AND HIGH

$11.02
$10.15
$11.71

Expenses

OPERATING FEES

Expense Ratio 3.02%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 97.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Closed-end mutual fund

Investment Style

High Yield Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$10.90

-

-

3.02%

XACPX - Profile

Distributions

  • YTD Total Return -2.9%
  • 3 Yr Annualized Total Return 1.7%
  • 5 Yr Annualized Total Return 5.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 8.26%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Avenue Income Credit Strategies Fund
  • Fund Family Name
    Aberdeen Asset Management Inc.
  • Inception Date
    Jan 27, 2011
  • Shares Outstanding
    17436741
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Steven Logan

Fund Description

N/A


XACPX - Performance

Return Ranking - Trailing

Period XACPX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.9% -69.1% 11.3% 94.68%
1 Yr 17.6% -16.2% 44.9% 4.24%
3 Yr 1.7%* -12.1% 17.4% 98.20%
5 Yr 5.6%* -5.6% 13.4% 57.99%
10 Yr 7.3%* 1.8% 10.9% 8.55%

* Annualized

Return Ranking - Calendar

Period XACPX Return Category Return Low Category Return High Rank in Category (%)
2020 -7.1% -75.1% 399.1% 93.56%
2019 -1.2% -56.9% 226.1% 94.85%
2018 -18.4% -61.3% -0.4% 97.27%
2017 -0.9% -49.0% 18.8% 90.48%
2016 18.1% -25.2% 28.6% 1.08%

Total Return Ranking - Trailing

Period XACPX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.9% -69.1% 11.3% 94.81%
1 Yr 17.6% -18.7% 52.4% 5.29%
3 Yr 1.7%* -12.1% 16.3% 98.03%
5 Yr 5.6%* -5.6% 12.7% 51.67%
10 Yr 7.3%* 1.8% 10.9% 7.99%

* Annualized

Total Return Ranking - Calendar

Period XACPX Return Category Return Low Category Return High Rank in Category (%)
2020 -7.1% -75.1% 399.1% 93.56%
2019 -1.2% -56.9% 23.9% 94.99%
2018 -18.4% -61.3% 0.9% 97.27%
2017 -0.9% -49.0% 18.8% 91.99%
2016 18.1% -25.2% 39.0% 2.16%

NAV & Total Return History


XACPX - Holdings

Concentration Analysis

XACPX Category Low Category High XACPX % Rank
Net Assets 191 M 2.66 M 30.1 B 70.71%
Number of Holdings 119 1 2534 83.46%
Net Assets in Top 10 83.3 M -557 M 4.07 B 38.68%
Weighting of Top 10 21.83% 3.0% 100.0% 23.43%

Top 10 Holdings

  1. AA Bond Co Limited 5.5% 3.62%
  2. Virgin Money UK PLC 8% 3.59%
  3. EnQuest PLC 7% 3.24%
  4. Matalan Finance PLC 6.75% 2.95%
  5. Kleopatra Holdings 1 S.C.A. 9.25% 2.35%
  6. Stichting AK Rabobank Certificaten 6.5% 2.24%
  7. Summer (BC) Holdco A S.a r.l. 9.25% 2.16%
  8. Garfunkelux Holdco 3 SA 7.75% 2.13%
  9. Garfunkelux Holdco 3 SA 7.75% 2.13%
  10. Garfunkelux Holdco 3 SA 7.75% 2.13%

Asset Allocation

Weighting Return Low Return High XACPX % Rank
Bonds
90.40% 0.00% 147.88% 76.62%
Convertible Bonds
5.11% 0.00% 19.02% 5.72%
Cash
4.38% -46.64% 100.00% 30.35%
Stocks
0.10% 0.00% 38.15% 62.06%
Preferred Stocks
0.00% 0.00% 13.89% 93.03%
Other
0.00% -52.60% 32.06% 85.32%

Stock Sector Breakdown

Weighting Return Low Return High XACPX % Rank
Energy
100.00% 0.00% 100.00% 12.10%
Utilities
0.00% 0.00% 100.00% 85.29%
Technology
0.00% 0.00% 60.77% 84.92%
Real Estate
0.00% 0.00% 100.00% 83.80%
Industrials
0.00% 0.00% 100.00% 88.08%
Healthcare
0.00% 0.00% 42.19% 86.41%
Financial Services
0.00% 0.00% 100.00% 88.08%
Communication Services
0.00% 0.00% 100.00% 89.20%
Consumer Defense
0.00% 0.00% 100.00% 83.24%
Consumer Cyclical
0.00% 0.00% 100.00% 88.64%
Basic Materials
0.00% 0.00% 100.00% 88.27%

Stock Geographic Breakdown

Weighting Return Low Return High XACPX % Rank
US
0.10% -1.89% 35.96% 56.22%
Non US
0.00% -0.04% 5.61% 89.93%

Bond Sector Breakdown

Weighting Return Low Return High XACPX % Rank
Corporate
92.70% 0.00% 100.00% 68.00%
Cash & Equivalents
4.42% 0.00% 100.00% 36.74%
Government
2.88% 0.00% 99.67% 11.33%
Derivative
0.00% 0.00% 46.55% 89.79%
Securitized
0.00% 0.00% 95.35% 91.28%
Municipal
0.00% 0.00% 11.44% 84.06%

Bond Geographic Breakdown

Weighting Return Low Return High XACPX % Rank
Non US
62.20% 0.00% 96.89% 0.50%
US
28.20% 0.00% 135.78% 98.63%

XACPX - Expenses

Operational Fees

XACPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.02% 0.03% 4.79% 1.15%
Management Fee 1.25% 0.00% 1.84% 98.50%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

XACPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 0.00% 5.50% N/A

Trading Fees

XACPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

XACPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 97.00% 0.00% 349.00% 76.74%

XACPX - Distributions

Dividend Yield Analysis

XACPX Category Low Category High XACPX % Rank
Dividend Yield 0.00% 0.00% 34.04% 82.98%

Dividend Distribution Analysis

XACPX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

XACPX Category Low Category High XACPX % Rank
Net Income Ratio 8.26% -2.17% 10.53% 0.98%

Capital Gain Distribution Analysis

XACPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Monthly Semi-Monthly

Dividend Payout History

View More +

XACPX - Fund Manager Analysis

Managers

Steven Logan


Start Date

Tenure

Tenure Rank

Dec 01, 2017

3.75

3.8%

Steven has 30 years' credit market experience and has been managing European high yield portfolios for 15 years. He is an Associate of the Chartered Institute of Bankers.

Ben Pakenham


Start Date

Tenure

Tenure Rank

Dec 01, 2017

3.75

3.8%

Ben has more than 13 years' experience in high yield and has been part of the investment team since 2011.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 37.05 6.82 2.17