NEW YORK, Sept. 1, 2016 /PRNewswire/ -- Avenue Income Credit Strategies Fund (NYSE: ACP), a closed-end management investment company, declared on this date, September 1, 2016, a monthly dividend of  $0.12  per share of Common Stock, payable September 30, 2016 to shareholders of record at the close of business on September 12, 2016.  Ex-date will be September 8, 2016.

Avenue Capital Group has invested in the public and private debt and equity securities of distressed companies across a variety of industries since 1995. Headquartered in New York with multiple offices in Europe and Asia, Avenue pursues its value-oriented strategy with skilled investment professionals. Find out more at: www.avenuecapital.com . (PRNewsFoto/Avenue Capital Group) (PRNewsFoto/Avenue Capital Group)

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 2016 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., part of Avenue Capital Group.

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/avenue-income-credit-strategies-fund-september-monthly-dividend-300321657.html

SOURCE Avenue Capital Management II, L.P.

Copyright 2016 PR Newswire

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