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Avenue Income Credit Strategies Fund August Monthly Dividend

NEW YORK, Aug. 1, 2014 /PRNewswire/ -- Avenue Income Credit Strategies Fund (NYSE: ACP), a closed-end management investment company, declared on this date, August 1, 2014, a monthly dividend of  $0.12  per share of Common Stock, payable August 29, 2014 to shareholders of record at the close of business on August 11, 2014.  Ex-date will be August 7, 2014.

www.avenuecapital.com. " border="0" alt="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. " align="left" src="http://photos.prnewswire.com/prnvar/20140424/78257"/>

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 2014 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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SOURCE Avenue Income Credit Strategies Fund

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