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abrdnome Credit Strategies Fund (abrdnome Credit Strategies Fund) FCF Yield % : -0.24 (As of Jun. 06, 2024)


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What is abrdnome Credit Strategies Fund FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, abrdnome Credit Strategies Fund's Trailing 12-Month Free Cash Flow is $-0.86 Mil, and Market Cap is $352.26 Mil. Therefore, abrdnome Credit Strategies Fund's FCF Yield % for today is -0.24%.

The historical rank and industry rank for abrdnome Credit Strategies Fund's FCF Yield % or its related term are showing as below:

ACP' s FCF Yield % Range Over the Past 10 Years
Min: -76.87   Med: 11.06   Max: 34.56
Current: -0.24


During the past 7 years, the highest FCF Yield % of abrdnome Credit Strategies Fund was 34.56%. The lowest was -76.87%. And the median was 11.06%.

ACP's FCF Yield % is ranked worse than
64.43% of 1583 companies
in the Asset Management industry
Industry Median: 3.07 vs ACP: -0.24

abrdnome Credit Strategies Fund's FCF Margin % for the quarter that ended in Oct. 2023 was 2,804.36%.


abrdnome Credit Strategies Fund FCF Yield % Historical Data

The historical data trend for abrdnome Credit Strategies Fund's FCF 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.

* Premium members only.

abrdnome Credit Strategies Fund FCF Yield % Chart

abrdnome Credit Strategies Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
FCF Yield %
Get a 7-Day Free Trial 12.58 -16.08 -41.90 30.61 -0.28

abrdnome Credit Strategies Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -85.06 13.49 41.80 -103.29 119.62

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

For the Asset Management subindustry, abrdnome Credit Strategies Fund's FCF Yield %, along with its competitors' market caps and FCF 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 FCF Yield % Distribution in the Asset Management Industry

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

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



abrdnome Credit Strategies Fund FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

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

FCF Yield %=Free Cash Flow / Market Cap
=-0.855 / 301.1958
=-0.28%

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

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=180.152 * 2 / 301.1958
=119.62%

* 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.


abrdnome Credit Strategies Fund FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


abrdnome Credit Strategies Fund FCF Yield % Related Terms

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

Traded in Other Exchanges
N/A
Address
1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
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