Advance Auto Parts, Inc. vs abrdn Income Credit Strategies Fund — how do they compare? Advance Auto Parts, Inc. trades at $53.1 (market cap $3.19B), while abrdn Income Credit Strategies Fund trades at $5.11 (market cap $641.16M). The key difference: Advance Auto Parts, Inc. is far larger — about 5× abrdn Income Credit Strategies Fund's market cap, and abrdn Income Credit Strategies Fund pays the higher dividend (18.2%). Which is the better fit depends on your goals.
| AAP | ACP | |
|---|---|---|
Market Cap | $3.19B | $641.16M |
Sector | Consumer Cyclical | Financials |
52-Week High | $64.17 | $5.98 |
52-Week Low | $38.75 | $5.01 |
Enterprise Value | $5.47B | — |
Dividend Yield | 1.89% | 18.2% |
Trailing returns across standard periods
Latest headlines on both assets
Advance Auto Parts is one of the industry's largest retailers of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in North America. Advance operated 4,972 stores as of the end of 2021, in addition to servicing 1,317 independently owned Carquest stores. The company's Worldpac unit is a premier distributor of imported original-equipment parts. Advance derived 58% of its 2021 sales from commercial clients, up from 30%-40% before the General Parts deal.
Read more on AAP →abrdn Income Credit Strategies Fund is a diversified, closed-end investment management company. Its primary goal is to generate high current income, with capital appreciation as a secondary objective. The fund mainly invests in debt and loan instruments from issuers across various industries and regions.
Read more on ACP →