abrdn Income Credit Strategies Fund vs Annaly Capital Management, Inc. — how do they compare? abrdn Income Credit Strategies Fund trades at $5.11 (market cap $641.16M), while Annaly Capital Management, Inc. trades at $23.2 (market cap $17.44B). The key difference: Annaly Capital Management, Inc. is far larger — about 27.2× 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 | NLY | |
|---|---|---|
Market Cap | $641.16M | $17.44B |
Sector | Financials | Financials |
52-Week High | $5.98 | $24.40 |
52-Week Low | $5.01 | $20.21 |
Dividend Yield | 18.2% | 12.96% |
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 →Annaly Capital Management Inc is an American mortgage real estate investment trust. The company segments its operations into Residential and Commercial real estate investments. While Annaly's Residential assets are primarily comprised of agency mortgage-backed securities and debentures, it is primarily invested in commercial mortgage loans and mortgage-backed securities in its Commercial unit through its subsidiary, Annaly Commercial Real Estate Group. Agency mortgage-backed securities and debentures make up the majority of the company's overall portfolio. Most of the company's counterparties are located in the U.S. Annaly generates nearly all of its revenue from the spread between interest earned on its assets and interest payments made on its borrowings.
Read more on NLY →