Avenue Income Credit Strategies Closed-End Fund
General Information

Overview
Avenue Income Credit Strategies Fund is a global credit, non diversified, closed-end management investment company. The Fund's primary investment objective is to seek risk-adjusted returns with high current income and the potential for capital appreciation.

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Fund Information

NYSE Ticker: ACP
Cusip: 05358E106
Currency: USD
Inception Date: 1/27/2011
Fiscal Year End: October 31
Frequency of Shareholder Reports: Semi-Annually (April 30 and October 31)
Management Fee: 1.25% on Managed Assets
Investment Adviser: Avenue Capital Management II, L.P.
Administrator, Custodian and Transfer Agent: State Street Bank and Trust Co.
Independent Auditors: PricewaterhouseCoopers LLP
Legal Counsel: Dechert LLP

Daily Pricing As of 02/24/2017  
Net assets (000's):  $205,371.90
Daily NAV:  $15.71
Market Price:  $14.29
Premium-Discount:
 -9.04%


An investment in the Avenue Income Credit Strategies Fund (the “Fund”) is not appropriate for all investors and is not intended to be a complete investment program.  The Fund is designed as a long-term investment and not as a trading vehicle. Investing in the Fund involves risks, including the risk that you may receive little or no return on your investment or that you may lose part or even all of your investment.  Investors should read the prospectus and consider the Fund’s investment objectives, risks, charges and expenses carefully before investing.  Shares of closed-end investment companies frequently trade at a discount to their net asset value, which may increase investors’ risk of loss. Please see the Disclosure section for an explanation of the Fund’s primary risks.  Before investing you should carefully read the Fund’s prospectus and consider carefully the risks that you assume when you invest in the Fund’s common shares.  The Adviser provides similar investment advisory services to other clients, including private funds, and has implemented a Security Overlap Limitation.  Please see the Disclosure section for an explanation of this Security Overlap Limitation. There can be no assurance that the Fund will achieve its investment objectives.  The Fund is not sold by Avenue Capital Group or any affiliate of Avenue Capital Group.