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    abrdn Income Credit Strategies Fund

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    Investment Managers
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    Avenue Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited. It is co-managed by Aberdeen Standard Investments Inc. The fund invests in fixed income markets across the globe. It seeks to invest primarily in loan and debt instruments. Avenue Income Credit Strategies Fund was formed on October 12, 2010 and is domiciled in the United States.

    IPO Year: 2011

    Exchange: NYSE

    Website: aberdeenacp.com/

    Recent Analyst Ratings for abrdn Income Credit Strategies Fund

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    abrdn Income Credit Strategies Fund SEC Filings

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    • SEC Form DEF 14A filed by abrdn Income Credit Strategies Fund

      DEF 14A - abrdn Income Credit Strategies Fund (0001503290) (Filer)

      4/14/25 4:09:45 PM ET
      $ACP
      Investment Managers
      Finance
    • SEC Form N-CEN filed by abrdn Income Credit Strategies Fund

      N-CEN - abrdn Income Credit Strategies Fund (0001503290) (Filer)

      1/13/25 2:45:38 PM ET
      $ACP
      Investment Managers
      Finance
    • SEC Form N-CSR filed by abrdn Income Credit Strategies Fund

      N-CSR - abrdn Income Credit Strategies Fund (0001503290) (Filer)

      1/10/25 2:11:59 PM ET
      $ACP
      Investment Managers
      Finance
    • SEC Form POS EX filed by abrdn Income Credit Strategies Fund

      POS EX - abrdn Income Credit Strategies Fund (0001503290) (Filer)

      10/15/24 12:09:03 PM ET
      $ACP
      Investment Managers
      Finance
    • SEC Form N-PX filed by abrdn Income Credit Strategies Fund

      N-PX - abrdn Income Credit Strategies Fund (0001503290) (Filer)

      8/30/24 6:27:34 PM ET
      $ACP
      Investment Managers
      Finance
    • SEC Form POS EX filed by abrdn Income Credit Strategies Fund

      POS EX - abrdn Income Credit Strategies Fund (0001503290) (Filer)

      7/26/24 11:02:12 AM ET
      $ACP
      Investment Managers
      Finance
    • SEC Form N-CSRS filed by abrdn Income Credit Strategies Fund

      N-CSRS - abrdn Income Credit Strategies Fund (0001503290) (Filer)

      7/8/24 4:48:51 PM ET
      $ACP
      Investment Managers
      Finance
    • SEC Form NPORT-P filed by abrdn Income Credit Strategies Fund

      NPORT-P - abrdn Income Credit Strategies Fund (0001503290) (Filer)

      6/27/24 1:01:20 PM ET
      $ACP
      Investment Managers
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    • SEC Form EFFECT filed by abrdn Income Credit Strategies Fund

      EFFECT - abrdn Income Credit Strategies Fund (0001503290) (Filer)

      5/31/24 12:15:09 AM ET
      $ACP
      Investment Managers
      Finance
    • SEC Form N-2/A filed by abrdn Income Credit Strategies Fund (Amendment)

      N-2/A - abrdn Income Credit Strategies Fund (0001503290) (Filer)

      5/10/24 5:27:40 PM ET
      $ACP
      Investment Managers
      Finance

    abrdn Income Credit Strategies Fund Press Releases

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    • abrdn Asia-Pacific Income Fund VCC Announces Details on 2025 Redemption and Proposal to Eliminate 10% Cap on Annual Redemptions

      TORONTO, ON / ACCESSWIRE / January 15, 2025 / abrdn Asia-Pacific Income Fund VCC (TSX:FAP) (UEN:T21VC0235H) (the "Company"), a closed-end investment company trading on the Toronto Stock Exchange, announced today details of the 2025 voluntary cash redemption and upcoming special meeting of shareholders.2025 Voluntary Conditional 10% Annual Cash RedemptionThe redemption date for the Company's annual voluntary cash redemption will be March 31, 2025. Shareholders are entitled to redeem shares of the Company at a price equal to 100% of the Average Net Asset Value (NAV) of the three trading days preceding the March 31, 2025 redemption date, less direct costs. Direct costs are expected to be less t

      1/15/25 4:37:00 PM ET
      $ACP
      Investment Managers
      Finance
    • abrdn U.S. Closed-End Funds Announce Distribution Payment Details

      PHILADELPHIA, PA / ACCESSWIRE / January 10, 2025 / The following abrdn U.S. Closed-End Funds (NYSE:ACP, AGD, AOD, ASGI, AWP, THQ, THW))(NYSE:FAX, FCO, VFL)), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on January 31, 2025 to all shareholders of record as of January 24, 2025 (ex-dividend date January 24, 2025).TickerExchangeFundAmountACPNYSEabrdn Income Credit Strategies Fund$ 0.0775AGDNYSEabrdn Global Dynamic Dividend Fund$ 0.1100AODNYSEabrdn Total Dynamic Dividend Fund$ 0.1000ASGINYSEabrdn Global Infrastructure Income Fund$ 0.2000AWPNYSEabrdn Global Premier Properties Fund$ 0.0400FAXNYSE Americanabrdn Asia-P

      1/10/25 4:17:00 PM ET
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      $AWP
      $FAX
      $FCO
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      Trusts Except Educational Religious and Charitable
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    • abrdn Income Credit Strategies Fund (ACP) Announces Change to Monthly Distribution Expected to be Maintained for at Least the Next 12 Months

      PHILADELPHIA, PA / ACCESSWIRE / December 10, 2024 / abrdn Income Credit Strategies Fund (NYSE:ACP) (the "Fund"), a closed-end fund, announced today that it has reduced its monthly distribution from US 10 cents per share to US 7.75 cents per share, commencing with the distribution payable on January 10, 2025 to shareholders of record as of December 30, 2024 (ex-dividend date December 30, 2024).This represents a change in the annualized distribution rate from 18% to 14% based on NAV as of December 9, 2024. The Fund intends to maintain this distribution level for at least the next 12 months unless there is significant and unforeseen changes in market conditions.The Fund's distribution policy is

      12/10/24 4:17:00 PM ET
      $ACP
      Investment Managers
      Finance
    • Abrdn Income Credit Strategies Fund 5.25% Series A Perpetual Preferred Shares Declare Quarterly Dividend

      PHILADELPHIA, PA / ACCESSWIRE / December 10, 2024 / The Board of Trustees of abrdn Income Credit Strategies Fund (the "Fund"), has declared a cash distribution of $0.328125 per share of the Fund's 5.250% Series A Perpetual Preferred Shares (NYSE:ACP) ("Series A Preferred Shares"). The distribution is payable on December 31, 2024, to holders of Series A Preferred Shares of record on December 20, 2024 (ex-dividend date December 20, 2024).The Series A Preferred Shares trade on the NYSE under the symbol "ACP PRA", are rated "A2" by Moody's Investors Service and have an annual dividend rate of $1.3125 per share. The Series A Preferred Shares were issued on May 10, 2021, at $25.00 per share and pa

      12/10/24 4:17:00 PM ET
      $ACP
      Investment Managers
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    • abrdn Asia-Pacific Income Fund VCC Announces Monthly Distribution

      TORONTO, ON / ACCESSWIRE / November 11, 2024 / abrdn Asia-Pacific Income Investment Fund VCC (TSX:FAP)(UEN:T21VC0235H) (the "Company"), a closed-end investment company trading on the Toronto Stock Exchange, announced today that it will pay a monthly distribution of CAD 1.75 cents per share on November 29, 2024 to all shareholders of record as of November 21, 2024 (ex-dividend date November 21, 2024).The policy of the Company's Board of Directors is to maintain a stable monthly distribution. For the 12 months to October 31, 2024, the Company has paid total distributions amounting to CAD 21.0 cents per ordinary share.As a Singapore domiciled company, all distribution payments will be treated a

      11/11/24 4:17:00 PM ET
      $ACP
      Investment Managers
      Finance
    • abrdn U.S. Closed-End Funds Announce Distribution Payment Details

      PHILADELPHIA, PA / ACCESSWIRE / November 11, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP, AGD, AOD, ASGI, AWP, HQH, HQL, IFN, JEQ, THQ, THW))(NYSE:FAX, FCO, IAF, VFL)), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on November 29, 2024 to all shareholders of record as of November 21, 2024 (ex-dividend date November 21, 2024). These dates apply to the Funds listed below with the exception of the abrdn Healthcare Investors (HQH), the abrdn Life Sciences Investors (HQL), the abrdn Australia Equity Fund, Inc. (IAF), the India Fund, Inc. (IFN) and the abrdn Japan Equity Fund, Inc. (JEQ) which will pay

      11/11/24 4:17:00 PM ET
      $ACP
      $AWP
      $FAX
      $FCO
      Investment Managers
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      Trusts Except Educational Religious and Charitable
      Finance/Investors Services
    • abrdn U.S. Closed-End Funds Announce Distribution Payment Details

      PHILADELPHIA, PA / ACCESSWIRE / October 9, 2024 / PHILADELPHIA, PA / ACCESSWIRE / October 9, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP, AGD, AOD, ASGI, AWP, THQ, NYSE:FAX, FCO, VFL))), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on October 31, 2024 to all shareholders of record as of October 24, 2024 (ex-dividend date October 24, 2024).TickerExchangeFundAmountACPNYSEabrdn Income Credit Strategies Fund$ 0.1000AGDNYSEabrdn Global Dynamic Dividend Fund$ 0.1200AODNYSEabrdn Total Dynamic Dividend Fund$ 0.1000ASGINYSEabrdn Global Infrastructure Income Fund$ 0.2100AWPNYSEabrdn Global Premier Propert

      10/9/24 4:27:00 PM ET
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    • abrdn National Municipal Income Fund Announces the Results of Annual Meeting of Shareholders

      PHILADELPHIA, PA / ACCESSWIRE / September 30, 2024 / abrdn National Municipal Income Fund (the "Fund") (NYSE:VFL) held its Annual Meeting of Shareholders (the "Meeting") on September 30, 2024. At the Meeting, shareholders of the Fund voted to re-elect the Board of Trustees.As of the record date, August 6, 2024, the Fund had 12,278,003 outstanding common shares and 990 outstanding preferred shares. 82.83% of outstanding common shares and 100% of the outstanding preferred shares were voted representing a quorum.The description of the proposal and number of shares voted at the Meeting are as follows:Election of Trustees: Votes ForVotes Against/WithheldChristian Pittard (common & preferred)9,823

      9/30/24 4:30:00 PM ET
      $ACP
      $VFL
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    • abrdn and First Trust Announce Closing of Reorganizations of Certain First Trust Advised Funds with abrdn U.S. Closed-End Funds

      PHILADELPHIA, PA AND WHEATON, IL / ACCESSWIRE / September 23, 2024 / abrdn Income Credit Strategies Fund (NYSE:ACP) ("ACP") and abrdn Global Infrastructure Income Fund (NYSE:ASGI, ))) (each, an "Acquiring Fund") announce today the completed reorganizations, after close of regular business on September 20, 2024, of First Trust/abrdn Global Opportunity Income Fund (NYSE:FAM) and Macquarie/First Trust Global Infrastructure/ Utilities Dividend & Income Fund (NYSE:MFD) (each, an "Acquired Fund").In the reorganizations, common shareholders of each Acquired Fund, respectively, received an amount of Acquiring Fund common shares with a net asset value equal to the aggregate net asset value of their h

      9/23/24 7:30:00 AM ET
      $ACP
      $ASGI
      $AWP
      $FAM
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      Trusts Except Educational Religious and Charitable
      Finance/Investors Services
    • abrdn and First Trust Announce Closing of Reorganizations of Certain First Trust Advised Funds With abrdn U.S. Closed-End Funds

      abrdn Income Credit Strategies Fund (NYSE:ACP) ("ACP") and abrdn Global Infrastructure Income Fund (NYSE:ASGI) (each, an "Acquiring Fund") announce today the completed reorganizations, after close of regular business on September 20, 2024, of First Trust/abrdn Global Opportunity Income Fund (NYSE:FAM) and Macquarie/First Trust Global Infrastructure/ Utilities Dividend & Income Fund (NYSE:MFD) (each, an "Acquired Fund"). In the reorganizations, common shareholders of each Acquired Fund, respectively, received an amount of Acquiring Fund common shares with a net asset value equal to the aggregate net asset value of their holdings of the relevant Acquired Fund common shares, as determined at

      9/23/24 8:55:00 AM ET
      $ACP
      $ASGI
      $FAM
      $MFD
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      Finance/Investors Services
      Trusts Except Educational Religious and Charitable

    abrdn Income Credit Strategies Fund Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

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    • SEC Form 3 filed by new insider Silue Kolotioloma

      3 - abrdn Income Credit Strategies Fund (0001503290) (Issuer)

      12/20/24 1:23:29 PM ET
      $ACP
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    • SEC Form 3 filed by new insider Logan Steven

      3 - abrdn Income Credit Strategies Fund (0001503290) (Issuer)

      12/20/24 1:17:09 PM ET
      $ACP
      Investment Managers
      Finance
    • SEC Form 3 filed by new insider Jenkins Ian Simon

      3 - abrdn Income Credit Strategies Fund (0001503290) (Issuer)

      7/12/24 1:26:53 PM ET
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    • New insider Nichols Rebecca Suzanne claimed no ownership of stock in the company (SEC Form 3)

      3 - abrdn Income Credit Strategies Fund (0001503290) (Issuer)

      6/18/24 3:24:16 PM ET
      $ACP
      Investment Managers
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    • SEC Form 3 filed by new insider Taggart Michael

      3 - abrdn Income Credit Strategies Fund (0001503290) (Issuer)

      6/18/24 3:20:00 PM ET
      $ACP
      Investment Managers
      Finance
    • SEC Form 3 filed by new insider Westervelt George

      3 - abrdn Income Credit Strategies Fund (0001503290) (Issuer)

      12/22/23 2:09:42 PM ET
      $ACP
      Investment Managers
      Finance
    • SEC Form 3 filed by new insider Hardiman Mark

      3 - abrdn Income Credit Strategies Fund (0001503290) (Issuer)

      11/13/23 2:18:45 PM ET
      $ACP
      Investment Managers
      Finance
    • SEC Form 3 filed by new insider Branner Peter

      3 - abrdn Income Credit Strategies Fund (0001503290) (Issuer)

      11/6/23 2:44:37 PM ET
      $ACP
      Investment Managers
      Finance
    • SEC Form 3 filed by new insider Matsick Jaclyn Marie

      3 - abrdn Income Credit Strategies Fund (0001503290) (Issuer)

      7/6/23 1:43:01 PM ET
      $ACP
      Investment Managers
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    • SEC Form 3 filed by new insider Meyer Xavier

      3 - abrdn Income Credit Strategies Fund (0001503290) (Issuer)

      6/15/23 12:53:21 PM ET
      $ACP
      Investment Managers
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    abrdn Income Credit Strategies Fund Leadership Updates

    Live Leadership Updates

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    • abrdn Japan Equity Fund, Inc. Announces Appointment of William Maher as Director

      PHILADELPHIA, PA / ACCESSWIRE / June 7, 2023 / abrdn Japan Equity Fund, Inc. (the "Fund") (NYSE:JEQ) announced today that William Maher has been appointed to the Board of Directors of the Fund as a Class III Director effective June 6, 2023. William Maher has also been appointed as a member of the Audit Committee and the Nominating and Corporate Governance Committee.As stated in the press release issued on May 25, 2023, Mr. P. Gerald Malone resigned as a Director of the Board of Directors of the Fund effective May 25, 2023. The Board of Directors would like to extend their sincere gratitude to Mr. Malone and acknowledge the valuable contributions he has made to the Fund during his tenure.Impo

      6/7/23 6:00:00 PM ET
      $ACP
      $JEQ
      Investment Managers
      Finance
      Air Freight/Delivery Services
      Consumer Discretionary

    abrdn Income Credit Strategies Fund Large Ownership Changes

    This live feed shows all institutional transactions in real time.

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    • SEC Form SC 13G filed by abrdn Income Credit Strategies Fund

      SC 13G - abrdn Income Credit Strategies Fund (0001503290) (Subject)

      11/6/24 5:10:07 PM ET
      $ACP
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    • Amendment: SEC Form SC 13G/A filed by abrdn Income Credit Strategies Fund

      SC 13G/A - abrdn Income Credit Strategies Fund (0001503290) (Subject)

      10/25/24 9:48:26 AM ET
      $ACP
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    • Amendment: SEC Form SC 13G/A filed by abrdn Income Credit Strategies Fund

      SC 13G/A - abrdn Income Credit Strategies Fund (0001503290) (Subject)

      7/12/24 10:59:27 AM ET
      $ACP
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    • SEC Form SC 13G/A filed by abrdn Income Credit Strategies Fund (Amendment)

      SC 13G/A - abrdn Income Credit Strategies Fund (0001503290) (Subject)

      2/6/24 10:14:40 AM ET
      $ACP
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    • SEC Form SC 13G/A filed by abrdn Income Credit Strategies Fund (Amendment)

      SC 13G/A - abrdn Income Credit Strategies Fund (0001503290) (Subject)

      1/17/24 9:04:44 AM ET
      $ACP
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    • SEC Form SC 13G/A filed by abrdn Income Credit Strategies Fund (Amendment)

      SC 13G/A - abrdn Income Credit Strategies Fund (0001503290) (Subject)

      5/5/23 9:29:20 AM ET
      $ACP
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    • SEC Form SC 13G filed by abrdn Income Credit Strategies Fund

      SC 13G - abrdn Income Credit Strategies Fund (0001503290) (Subject)

      3/27/23 10:29:16 AM ET
      $ACP
      Investment Managers
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    • SEC Form SC 13G/A filed by abrdn Income Credit Strategies Fund (Amendment)

      SC 13G/A - abrdn Income Credit Strategies Fund (0001503290) (Subject)

      1/27/23 9:18:39 AM ET
      $ACP
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    • SEC Form SC 13G/A filed by Aberdeen Income Credit Strategies Fund (Amendment)

      SC 13G/A - Aberdeen Income Credit Strategies Fund (0001503290) (Subject)

      1/24/22 11:44:30 AM ET
      $ACP
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    • SEC Form SC 13G/A filed

      SC 13G/A - Aberdeen Income Credit Strategies Fund (0001503290) (Subject)

      3/10/21 8:52:40 AM ET
      $ACP
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    abrdn Income Credit Strategies Fund Financials

    Live finance-specific insights

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    • abrdn U.S. Closed-End Funds Announce Distribution Payment Details

      PHILADELPHIA, PA / ACCESSWIRE / January 10, 2025 / The following abrdn U.S. Closed-End Funds (NYSE:ACP, AGD, AOD, ASGI, AWP, THQ, THW))(NYSE:FAX, FCO, VFL)), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on January 31, 2025 to all shareholders of record as of January 24, 2025 (ex-dividend date January 24, 2025).TickerExchangeFundAmountACPNYSEabrdn Income Credit Strategies Fund$ 0.0775AGDNYSEabrdn Global Dynamic Dividend Fund$ 0.1100AODNYSEabrdn Total Dynamic Dividend Fund$ 0.1000ASGINYSEabrdn Global Infrastructure Income Fund$ 0.2000AWPNYSEabrdn Global Premier Properties Fund$ 0.0400FAXNYSE Americanabrdn Asia-P

      1/10/25 4:17:00 PM ET
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    • abrdn Income Credit Strategies Fund (ACP) Announces Change to Monthly Distribution Expected to be Maintained for at Least the Next 12 Months

      PHILADELPHIA, PA / ACCESSWIRE / December 10, 2024 / abrdn Income Credit Strategies Fund (NYSE:ACP) (the "Fund"), a closed-end fund, announced today that it has reduced its monthly distribution from US 10 cents per share to US 7.75 cents per share, commencing with the distribution payable on January 10, 2025 to shareholders of record as of December 30, 2024 (ex-dividend date December 30, 2024).This represents a change in the annualized distribution rate from 18% to 14% based on NAV as of December 9, 2024. The Fund intends to maintain this distribution level for at least the next 12 months unless there is significant and unforeseen changes in market conditions.The Fund's distribution policy is

      12/10/24 4:17:00 PM ET
      $ACP
      Investment Managers
      Finance
    • Abrdn Income Credit Strategies Fund 5.25% Series A Perpetual Preferred Shares Declare Quarterly Dividend

      PHILADELPHIA, PA / ACCESSWIRE / December 10, 2024 / The Board of Trustees of abrdn Income Credit Strategies Fund (the "Fund"), has declared a cash distribution of $0.328125 per share of the Fund's 5.250% Series A Perpetual Preferred Shares (NYSE:ACP) ("Series A Preferred Shares"). The distribution is payable on December 31, 2024, to holders of Series A Preferred Shares of record on December 20, 2024 (ex-dividend date December 20, 2024).The Series A Preferred Shares trade on the NYSE under the symbol "ACP PRA", are rated "A2" by Moody's Investors Service and have an annual dividend rate of $1.3125 per share. The Series A Preferred Shares were issued on May 10, 2021, at $25.00 per share and pa

      12/10/24 4:17:00 PM ET
      $ACP
      Investment Managers
      Finance
    • abrdn Asia-Pacific Income Fund VCC Announces Monthly Distribution

      TORONTO, ON / ACCESSWIRE / November 11, 2024 / abrdn Asia-Pacific Income Investment Fund VCC (TSX:FAP)(UEN:T21VC0235H) (the "Company"), a closed-end investment company trading on the Toronto Stock Exchange, announced today that it will pay a monthly distribution of CAD 1.75 cents per share on November 29, 2024 to all shareholders of record as of November 21, 2024 (ex-dividend date November 21, 2024).The policy of the Company's Board of Directors is to maintain a stable monthly distribution. For the 12 months to October 31, 2024, the Company has paid total distributions amounting to CAD 21.0 cents per ordinary share.As a Singapore domiciled company, all distribution payments will be treated a

      11/11/24 4:17:00 PM ET
      $ACP
      Investment Managers
      Finance
    • abrdn U.S. Closed-End Funds Announce Distribution Payment Details

      PHILADELPHIA, PA / ACCESSWIRE / November 11, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP, AGD, AOD, ASGI, AWP, HQH, HQL, IFN, JEQ, THQ, THW))(NYSE:FAX, FCO, IAF, VFL)), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on November 29, 2024 to all shareholders of record as of November 21, 2024 (ex-dividend date November 21, 2024). These dates apply to the Funds listed below with the exception of the abrdn Healthcare Investors (HQH), the abrdn Life Sciences Investors (HQL), the abrdn Australia Equity Fund, Inc. (IAF), the India Fund, Inc. (IFN) and the abrdn Japan Equity Fund, Inc. (JEQ) which will pay

      11/11/24 4:17:00 PM ET
      $ACP
      $AWP
      $FAX
      $FCO
      Investment Managers
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      Trusts Except Educational Religious and Charitable
      Finance/Investors Services
    • abrdn U.S. Closed-End Funds Announce Distribution Payment Details

      PHILADELPHIA, PA / ACCESSWIRE / October 9, 2024 / PHILADELPHIA, PA / ACCESSWIRE / October 9, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP, AGD, AOD, ASGI, AWP, THQ, NYSE:FAX, FCO, VFL))), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on October 31, 2024 to all shareholders of record as of October 24, 2024 (ex-dividend date October 24, 2024).TickerExchangeFundAmountACPNYSEabrdn Income Credit Strategies Fund$ 0.1000AGDNYSEabrdn Global Dynamic Dividend Fund$ 0.1200AODNYSEabrdn Total Dynamic Dividend Fund$ 0.1000ASGINYSEabrdn Global Infrastructure Income Fund$ 0.2100AWPNYSEabrdn Global Premier Propert

      10/9/24 4:27:00 PM ET
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      $AWP
      $FAX
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    • abrdn and First Trust Announce Closing of Reorganizations of Certain First Trust Advised Funds with abrdn U.S. Closed-End Funds

      PHILADELPHIA, PA AND WHEATON, IL / ACCESSWIRE / September 23, 2024 / abrdn Income Credit Strategies Fund (NYSE:ACP) ("ACP") and abrdn Global Infrastructure Income Fund (NYSE:ASGI, ))) (each, an "Acquiring Fund") announce today the completed reorganizations, after close of regular business on September 20, 2024, of First Trust/abrdn Global Opportunity Income Fund (NYSE:FAM) and Macquarie/First Trust Global Infrastructure/ Utilities Dividend & Income Fund (NYSE:MFD) (each, an "Acquired Fund").In the reorganizations, common shareholders of each Acquired Fund, respectively, received an amount of Acquiring Fund common shares with a net asset value equal to the aggregate net asset value of their h

      9/23/24 7:30:00 AM ET
      $ACP
      $ASGI
      $AWP
      $FAM
      Investment Managers
      Finance
      Trusts Except Educational Religious and Charitable
      Finance/Investors Services
    • abrdn and First Trust Announce Closing of Reorganizations of Certain First Trust Advised Funds With abrdn U.S. Closed-End Funds

      abrdn Income Credit Strategies Fund (NYSE:ACP) ("ACP") and abrdn Global Infrastructure Income Fund (NYSE:ASGI) (each, an "Acquiring Fund") announce today the completed reorganizations, after close of regular business on September 20, 2024, of First Trust/abrdn Global Opportunity Income Fund (NYSE:FAM) and Macquarie/First Trust Global Infrastructure/ Utilities Dividend & Income Fund (NYSE:MFD) (each, an "Acquired Fund"). In the reorganizations, common shareholders of each Acquired Fund, respectively, received an amount of Acquiring Fund common shares with a net asset value equal to the aggregate net asset value of their holdings of the relevant Acquired Fund common shares, as determined at

      9/23/24 8:55:00 AM ET
      $ACP
      $ASGI
      $FAM
      $MFD
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      Trusts Except Educational Religious and Charitable
    • abrdn Global Infrastructure Income Fund ("ASGI") and abrdn Income Credit Strategies Fund ("ACP") Announce Distribution Payment Details

      PHILADELPHIA, PA / ACCESSWIRE / September 10, 2024 / The abrdn Global Infrastructure Income Fund (NYSE:ASGI) and the abrdn Income Credit Strategies Fund (NYSE:ACP), announced today that each closed end fund will pay the distributions indicated in the chart below on a per share basis on September 30, 2024, to all shareholders of record as of September 20, 2024 (ex-dividend date September 20, 2024).TickerExchangeFundAmountACPNYSEabrdn Income Credit Strategies Fund$ 0.1000ASGINYSEabrdn Global Infrastructure Income Fund$ 0.2100Please note that shareholders of the Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE:MFD) and the First Trust/abrdn Global Opportunity I

      9/10/24 4:27:00 PM ET
      $ACP
      $ASGI
      $AWP
      $FAM
      Investment Managers
      Finance
      Trusts Except Educational Religious and Charitable
      Finance/Investors Services
    • abrdn Income Credit Strategies Fund 5.25% Series A Perpetual Preferred Shares Declare Quarterly Dividend

      PHILADELPHIA, PA / ACCESSWIRE / September 10, 2024 / The Board of Trustees of abrdn Income Credit Strategies Fund (the "Fund"), has declared a cash distribution of $0.328125 per share of the Fund's 5.250% Series A Perpetual Preferred Shares (NYSE:ACP) ("Series A Preferred Shares"). The distribution is payable on September 30, 2024, to holders of Series A Preferred Shares of record on September 20, 2024 (ex-dividend date September 20, 2024).The Series A Preferred Shares trade on the NYSE under the symbol "ACP PRA", are rated "A2" by Moody's Investors Service and have an annual dividend rate of $1.3125 per share. The Series A Preferred Shares were issued on May 10, 2021, at $25.00 per share an

      9/10/24 4:27:00 PM ET
      $ACP
      $PRA
      Investment Managers
      Finance
      Property-Casualty Insurers