abrdn Income Credit Strategies Fund vs Kraft Heinz Co — how do they compare? abrdn Income Credit Strategies Fund trades at $5.11 (market cap $641.16M), while Kraft Heinz Co trades at $24.62 (market cap $29.23B). The key difference: Kraft Heinz Co is far larger — about 45.6× 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 | KHC | |
|---|---|---|
Market Cap | $641.16M | $29.23B |
Sector | Financials | Consumer Staples |
52-Week High | $5.98 | $28.06 |
52-Week Low | $5.01 | $21.21 |
Dividend Yield | 18.2% | 6.49% |
Enterprise Value | — | $45.55B |
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 →In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Velveeta, and Philadelphia. Outside North America, the firm's global reach includes a distribution network in Europe and emerging markets that drive around one fifth of its consolidated sales base, as its products are sold in more than 190 countries and territories.
Read more on KHC →