ACP

abrdn Income Credit Strategies Fund

ACP

Market cap $740M

Overview Fund Activity

5.89 USD

-0.01

0.17%

At close Updated Sep 12, 4:00 PM EDT

Pre-market

After hours

5.88

-0.01

0.17%

1 day

-0.17%

5 days

-0.67%

1 month

-1.51%

3 months

-0.17%

6 months

-1.17%

Year to date

-1.83%

1 year

-8.82%

5 years

-40.92%

10 years

-53.48%

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.

Financials Asset Management

0

Funds holding %

of 7,462 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

14% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 37

7% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 14

3% more capital invested

Capital invested by funds: $209M [Q1] → $216M (+$6.46M) [Q2]

0.82% more ownership

Funds ownership: 28.3% [Q1] → 29.12% (+0.82%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

1% less funds holding

Funds holding: 123 [Q1] → 122 (-1) [Q2]

See Fund Rankings

Financial journalist opinion

ABERDEEN INVESTMENTS U.S. CLOSED-END FUNDS ANNOUNCE DISTRIBUTION PAYMENT DETAILS

PHILADELPHIA , Sept. 10, 2025 /PRNewswire/ -- The following Aberdeen Investments U.S. Closed-End Funds (NYSE: ACP, AGD, AOD, ASGI, AWP, THQ, THW and NYSE American: AEF, 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 September 30, 2025 to all shareholders of record as of September 23, 2025 (ex-dividend date September 23, 2025).

ABERDEEN INVESTMENTS U.S. CLOSED-END FUNDS ANNOUNCE DISTRIBUTION PAYMENT DETAILS

ACP: 15%+ Yield, Discount, But Long-Term Underperformance

ACP offers a high yield of over 15% and trades at a discount to NAV. The fund invests in below-investment-grade debt across various industries and regions. Leverage has increased to 28%, boosting the expense ratio but potentially enhancing returns if rates decline.

ACP: 15%+ Yield, Discount, But Long-Term Underperformance

ABERDEEN INVESTMENTS U.S. CLOSED-END FUNDS ANNOUNCE DISTRIBUTION PAYMENT DETAILS

PHILADELPHIA , Aug. 11, 2025 /PRNewswire/ -- The following Aberdeen Investments U.S. Closed-End Funds (NYSE: ACP, AGD, AOD, ASGI, AWP, HQH, HQL, IFN, THQ, THW and NYSE American: 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 August 29, 2025 to all shareholders of record as of August 22, 2025 (ex-dividend date August 22, 2025). 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) and the India Fund, Inc. (IFN) which will pay on September 30, 2025, to all shareholders of record as of August 22, 2025 (ex-dividend date August 22, 2025).

ABERDEEN INVESTMENTS U.S. CLOSED-END FUNDS ANNOUNCE DISTRIBUTION PAYMENT DETAILS

ABRDN INCOME CREDIT STRATEGIES FUND ANNOUNCES "AT-THE-MARKET" EQUITY OFFERING PROGRAM

PHILADELPHIA , Aug. 1, 2025 /PRNewswire/ -- abrdn Income Credit Strategies Fund (NYSE: ACP) (the "Fund"), a closed-end fund, has announced that it filed with the U.S. Securities and Exchange Commission ("SEC") on August 1, 2025, a prospectus supplement to its registration statement under which it may offer and sell from time to time, in one or more at-the-market offerings, the Fund's common shares having an aggregate offering price of up to $75 million (the "ATM Program"). The Fund may not sell any common shares at a price below the current net asset value ("NAV") of such common shares, exclusive of any distributing commission or discount.

ABRDN INCOME CREDIT STRATEGIES FUND ANNOUNCES "AT-THE-MARKET" EQUITY OFFERING PROGRAM

ABERDEEN INVESTMENTS U.S. CLOSED-END FUNDS ANNOUNCE DISTRIBUTION PAYMENT DETAILS

PHILADELPHIA , July 10, 2025 /PRNewswire/ -- The following Aberdeen Investments U.S. Closed-End Funds (NYSE: ACP, AGD, AOD, ASGI, AWP, THQ, THW and NYSE American: 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 July 31, 2025 to all shareholders of record as of July 24, 2025 (ex-dividend date July 24, 2025). Ticker Exchange Fund Amount ACP NYSE abrdn Income Credit Strategies Fund $ 0.0775 AGD NYSE abrdn Global Dynamic Dividend Fund $ 0.1100 AOD NYSE abrdn Total Dynamic Dividend Fund $ 0.1000 ASGI NYSE abrdn Global Infrastructure Income Fund $ 0.2100 AWP NYSE abrdn Global Premier Properties Fund $ 0.0400 FAX NYSE American abrdn Asia-Pacific Income Fund, Inc. $ 0.1650 FCO NYSE American abrdn Global Income Fund, Inc. $ 0.0700 THQ NYSE abrdn Healthcare Opportunities Fund $ 0.1800 THW NYSE abrdn World Healthcare Fund $ 0.1167 VFL NYSE American abrdn National Municipal Income Fund $ 0.0500 FCO's shares are currently trading at a premium to net asset value.

ABERDEEN INVESTMENTS U.S. CLOSED-END FUNDS ANNOUNCE DISTRIBUTION PAYMENT DETAILS

ACP: Don't Be Fooled By The High Yield; Consider These Alternatives Instead

ACP's high distribution yield is unsustainable, funded by return of capital, leading to shrinking NAV and likely further cuts. The fund's total expenses exceed its long-term returns, making it nearly impossible for investors to achieve decent performance. Low-cost alternatives like BKLN, JAAA, and JBBB offer better credit quality, lower fees, and superior total returns.

ACP: Don't Be Fooled By The High Yield; Consider These Alternatives Instead

ACP: An Unsustainable Distribution Is A Real Problem

abrdn Income Credit Strategies Fund offers an exceptionally high 15.76% yield, outpacing peers and major bond indices, appealing to income-focused investors. Despite the attractive yield, the ACP closed-end fund is not covering distributions with investment profits, leading to a declining share price and potential for further cuts. The fund is globally diversified, reducing exposure to U.S. fiscal risks, but bonds are not as effective at protecting against currency risks as some other asset types.

ACP: An Unsustainable Distribution Is A Real Problem

ABERDEEN INVESTMENTS U.S. CLOSED-END FUNDS ANNOUNCE DISTRIBUTION PAYMENT DETAILS

PHILADELPHIA , June 10, 2025 /PRNewswire/ -- The following Aberdeen Investments U.S. Closed-End Funds (NYSE: ACP, AGD, AOD, ASGI, AWP, THQ, THW and NYSE American: AEF, 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 June 30, 2025 to all shareholders of record as of June 23, 2025 (ex-dividend date June 23, 2025). Ticker Exchange Fund Amount ACP NYSE abrdn Income Credit Strategies Fund $ 0.0775 AEF NYSE American Abrdn Emerging Markets ex-China Fund, Inc. $ 0.1500 AGD NYSE abrdn Global Dynamic Dividend Fund $ 0.1100 AOD NYSE abrdn Total Dynamic Dividend Fund $ 0.0900 ASGI NYSE abrdn Global Infrastructure Income Fund $ 0.2100 AWP NYSE abrdn Global Premier Properties Fund $ 0.0400 FAX NYSE American abrdn Asia-Pacific Income Fund, Inc. $ 0.1650 FCO NYSE American abrdn Global Income Fund, Inc. $ 0.0700 THQ NYSE abrdn Healthcare Opportunities Fund $ 0.1800 THW NYSE abrdn World Healthcare Fund $ 0.1167 VFL NYSE American abrdn National Municipal Income Fund $ 0.0500 FCO's shares are currently trading at a premium to net asset value.

ABERDEEN INVESTMENTS U.S. CLOSED-END FUNDS ANNOUNCE DISTRIBUTION PAYMENT DETAILS

ABRDN INCOME CREDIT STRATEGIES FUND 5.25% SERIES A PERPETUAL PREFERRED SHARES DECLARE QUARTERLY DIVIDEND

PHILADELPHIA , June 10, 2025 /PRNewswire/ -- 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 PRA) ("Series A Preferred Shares"). The distribution is payable on June 30, 2025, to holders of Series A Preferred Shares of record on June 20, 2025 (ex-dividend date June 20, 2025).

ABRDN INCOME CREDIT STRATEGIES FUND 5.25% SERIES A PERPETUAL PREFERRED SHARES DECLARE QUARTERLY DIVIDEND

Aberdeen Investments U.S. Closed-End Funds Announce Distribution Payment Details

PHILADELPHIA, PA / ACCESS Newswire / May 9, 2025 / The following abrdn U.S. Closed-End Funds (NYSE:ACP, AGD, AOD, ASGI, AWP, HQH, HQL, IFN, THQ, THW)(NYSE American: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 May 30, 2025 to all shareholders of record as of May 22, 2025 (ex-dividend date May 22, 2025). 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) and the India Fund, Inc. (IFN) which will pay on June 30, 2025, to all shareholders of record as of May 22, 2025 (ex-dividend date May 22, 2025).

Aberdeen Investments U.S. Closed-End Funds Announce Distribution Payment Details

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