abrdn Income Credit Strategies Fund


About: abrdn Income Credit Strategies Fund is a diversified, closed-end management investment company. Its investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It predominantly invests in debt and loan instruments of issues that operate in a variety of industries and geographic regions.

Funds holding %
of 6,665 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

18% less funds holding

Funds holding: 51 [Q4 2023] → 42 (-9) [Q1 2024]

20.12% less ownership

Funds ownership: 55.42% [Q4 2023] → 35.3% (-20.12%) [Q1 2024]

37% less capital invested

Capital invested by funds: $49.3M [Q4 2023] → $31.3M (-$18M) [Q1 2024]

41% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 17

60% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 15

Research analyst outlook

We haven’t received any recent analyst ratings for ACP.

Financial journalist opinion