Avenue Income Credit Strategies Fund Portfolio Data

NEW YORK, Nov. 15, 2011 /PRNewswire/ -- Avenue Income Credit Strategies Fund (NYSE: ACP), a closed-end management investment company, today announced that portfolio data as of October 31, 2011, including performance, top ten largest holdings, top five industry holdings, and certain portfolio weightings, is now available to the public on the Fund's website at www.avenuecapital.com under "Strategies – Registered Closed-End Fund Strategy."

For more information or to request a hard copy of this data please call:  1-888-301-3838.

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