NEW YORK, July 2, 2012 /PRNewswire/ -- Avenue Income Credit
Strategies Fund (NYSE: ACP), a closed-end management investment
company, declared on this date, July 2,
2012, a monthly dividend of $0.12 per share of Common Stock, payable
July 31, 2012 to shareholders of
record at the close of business on July
16, 2012. Ex-date will be July
12, 2012.
For more information please call:
1-877-525-7330.
The amount of dividends paid by the Fund may vary from time to
time. Past amounts of dividends are no guarantee of future
dividend amounts.
The final determination of the source and tax characteristics of
all distributions in 2012 will be made after the end of the
year.
Investing involves risk and it is possible to lose money on any
investment in the Fund.
The Fund's investment adviser is Avenue Capital Management II,
L.P., and the Fund's subadviser is Avenue Europe International
Management, L.P. Both entities are
part of Avenue Capital Group.
SOURCE Avenue Income Credit Strategies Fund