abrdn Income Credit Strategies Fund vs Bank of New York Mellon Corp — how do they compare? abrdn Income Credit Strategies Fund trades at $5.11 (market cap $641.16M), while Bank of New York Mellon Corp trades at $159.91 (market cap $108.78B). The key difference: Bank of New York Mellon Corp is far larger — about 169.7× 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.
| ACP | BNY | |
|---|---|---|
Market Cap | $641.16M | $108.78B |
Sector | Financials | Financials |
52-Week High | $5.98 | $162.35 |
52-Week Low | $5.01 | $101.00 |
Dividend Yield | 18.2% | 1.38% |
Trailing returns across standard periods
Latest headlines on both assets
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 →BNY Mellon is a global investment company involved in managing and servicing financial assets throughout the investment lifecycle. The bank provides financial services for institutions, corporations, and individual investors and delivers investment management and investment services in 35 countries and more than 100 markets. BNY Mellon is the largest global custody bank in the world, with about $41.1 trillion in under custody and administration (as of Dec. 31, 2020), and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investments. BNY Mellon's asset-management division manages about $2.2 trillion in assets.
Read more on BNY →