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abrdn Income Credit Strategies Fund (ACP)

6.1000
+0.0600 (0.99%)
SummaryNewsPress ReleasesChartHistoricalFAQ
Previous Close6.040
Open6.060
Bid5.990
Ask6.100
Day's Range6.042 - 6.110
52 Week Range5.810 - 7.050
Volume669,653
Market Cap-
PE Ratio (TTM)-
EPS (TTM)-
Dividend & Yield1.200 (19.67%)
1 Month Average Volume1,020,551

News & Press Releases

abrdn U.S. Closed-End Funds Announce Distribution Payment Details
PHILADELPHIA, PA / ACCESS Newswire / January 31, 2025 / The abrdn U.S. Closed-End Funds (NYSE:ASGI, THQ) (the "Funds" or individually the "Fund"), today announced that the Funds paid the distributions noted in the table below on January 31, 2025, on a per share basis to all shareholders of record as of January 24, 2025 (ex-dividend date January 24, 2025).
Via ACCESS Newswire · January 31, 2025
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 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 January 31, 2025 to all shareholders of record as of January 24, 2025 (ex-dividend date January 24, 2025).
Via ACCESSWIRE · January 10, 2025
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 (NYSEACP) (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).
Via ACCESSWIRE · December 10, 2024
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 PRA) ("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).
Via ACCESSWIRE · December 10, 2024
abrdn U.S. Closed-End Funds Announce Distribution Payment Details
PHILADELPHIA, PA / ACCESSWIRE / November 29, 2024 / The abrdn U.S. Closed-End Funds (NYSEASGI)NYSE:THQNYSETHQ)
Via ACCESSWIRE · November 29, 2024
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).
Via ACCESSWIRE · November 11, 2024
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 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 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 on January 10, 2025 to all shareholders of record as of November 21, 2024 (ex-dividend date November 21, 2024).
Via ACCESSWIRE · November 11, 2024
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 American: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.
Via ACCESSWIRE · September 30, 2024
abrdn U.S. Closed-End Funds Announce Distribution Payment Details
PHILADELPHIA, PA / ACCESSWIRE / September 30, 2024 / The abrdn U.S. Closed-End Funds (NYSE:ASGI, HQH, HQL, IFN, JEQ, THQ) (NYSE American:IAF), (the "Funds" or individually the "Fund"), today announced that the Funds paid the distributions noted in the table below on September 30, 2024, on a per share basis to all shareholders of record as of September 23, 2024 (ex-dividend date September 23, 2024). These dates apply to the Funds listed below with the exception of abrdn Healthcare Investors (HQH), abrdn Life Sciences Investors (HQL), abrdn Australia Equity Fund, Inc. (IAF), the India Fund Inc. (IFN) and abrdn Japan Equity Fund, Inc. (JEQ) which paid on September 30, 2024, to all shareholders of record as of August 23, 2024 (ex-dividend date August 23, 2024), and the abrdn Global Infrastructure Income Fund (ASGI) which paid on September 30, 2024, to all shareholders of record as of September 20, 2024 (ex-dividend date September 20, 2024).
Via ACCESSWIRE · September 30, 2024
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 (NYSEACP) (“ACP”) and abrdn Global Infrastructure Income Fund NYSE: ASGINYSEASGI)(NYSE: FAMNYSEFAM and Macquarie/First Trust Global Infrastructure/ Utilities Dividend & Income Fund (NYSE: MFDNYSE) (each, an “Acquired Fund”).
By First Trust · Via Business Wire · September 23, 2024
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 (NYSEASGI) and the abrdn Income Credit Strategies Fund NYSE:ACPNYSEACP)
Via ACCESSWIRE · September 10, 2024
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 PRA) ("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).
Via ACCESSWIRE · September 10, 2024
abrdn Total Dynamic Dividend Fund (AOD) Announces Update on Proposed Acquisition of Assets from First Trust Specialty Finance and Financial Opportunities Fund
PHILADELPHIA, PA / ACCESSWIRE / August 29, 2024 / The Board of Trustees of abrdn Total Dynamic Dividend Fund (NYSEAOD) ("AOD"), announces that shareholders of First Trust Specialty Finance and Financial Opportunities Fund NYSE:FGBNYSEFGB)
Via ACCESSWIRE · August 29, 2024
abrdn Income Credit Strategies Fund Announces Closing Date for Acquisition of Assets From First Trust/abrdn Global Opportunity Income Fund
PHILADELPHIA, PA / ACCESSWIRE / August 22, 2024 / The Board of Trustees of abrdn Income Credit Strategies Fund (NYSEACP) ("ACP" or the "Acquiring Fund"), previously announced that shareholders of First Trust/abrdn Global Opportunity Income Fund NYSE:FAMNYSEFAM)
Via ACCESSWIRE · August 22, 2024
abrdn U.S. Closed-End Funds Announce Distribution Payment Details
PHILADELPHIA, PA / ACCESSWIRE / August 9, 2024 / The following abrdn U.S. Closed-End Funds (NYSEACP)NYSE:ASGINYSEASGI)(NYSE:AWPNYSEAWP(NYSE:HQHNYSE)(NYSE:HQLHQL)(NYSEIFN)NYSE:JEQNYSEJEQ)(NYSE:THQNYSETHQ(NYSE:THWNYSE)(NYSE American:FAX)(NYSE American:FCO)(NYSE American:IAF)(NYSE American: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 30, 2024 to all shareholders of record as of August 23, 2024 (ex-dividend date August 23, 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 on September 30, 2024, to all shareholders of record as of August 23, 2024 (ex-dividend date August 23, 2024).
Via ACCESSWIRE · August 9, 2024
abrdn Income Credit Strategies Fund Announces Update and Tentative Closing Date for Acquisition of Assets From First Trust/abrdn Global Opportunity Income Fund
PHILADELPHIA, PA / ACCESSWIRE / July 26, 2024 / The Board of Trustees of abrdn Income Credit Strategies Fund (NYSEACP), announces today that shareholders of First Trust/abrdn Global Opportunity Income Fund NYSE:FAMNYSEFAM)
Via ACCESSWIRE · July 26, 2024
abrdn Income Credit Strategies Fund (ACP) and First Trust High Income Long/short Fund (FSD) Announce Closing of Reorganization
abrdn Income Credit Strategies Fund (NYSEACP) (“ACP” or the “Acquiring Fund”) and First Trust High Income Long/Short Fund NYSE: FSDNYSEFSD)
By First Trust Advisors LP. · Via Business Wire · July 22, 2024
abrdn Income Credit Strategies Fund (ACP) and First Trust High Income Long/Short Fund (FSD) Announce Closing of Reorganization
PHILADELPHIA, PA and WHEATON, IL / ACCESSWIRE / July 22, 2024 / abrdn Income Credit Strategies Fund (NYSEACP) ("ACP" or the "Acquiring Fund") and First Trust High Income Long/Short Fund (NSYE:FSD) ("FSD" or the "Acquired Fund") announce today the completed reorganization of the Acquired Fund with the Acquiring Fund after close of regular business on July 19, 2024.
Via ACCESSWIRE · July 22, 2024
abrdn Income Credit Strategies Fund Announces Closing Date for Acquisition of Assets From First Trust High Income Long/Short Fund and Announces Distribution Payment Details
PHILADELPHIA, PA / ACCESSWIRE / July 9, 2024 / The Board of Trustees of abrdn Income Credit Strategies Fund (NYSEACP) ("ACP" or the "Acquiring Fund") previously announced that shareholders of First Trust High Income Long/Short Fund NYSE:FSDNYSEFSD)
Via ACCESSWIRE · July 9, 2024
abrdn U.S. Closed-End Funds Announce Results of Annual Meeting of Shareholders
Via ACCESSWIRE · June 25, 2024
abrdn U.S. Closed-End Funds Announce Distribution Payment Details
PHILADELPHIA, PA / ACCESSWIRE / June 11, 2024 / The following abrdn 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 28, 2024 to all shareholders of record as of June 21, 2024 (ex-dividend date June 21, 2024).
Via ACCESSWIRE · June 11, 2024
abrdn Income Credit Strategies Fund 5.25% Series A Perpetual Preferred Shares Declare Quarterly Dividend
PHILADELPHIA, PA / ACCESSWIRE / June 11, 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 PRA) ("Series A Preferred Shares"). The distribution is payable on July 1, 2024, to holders of Series A Preferred Shares of record on June 21, 2024 (ex-dividend date June 21, 2024).
Via ACCESSWIRE · June 11, 2024
abrdn Income Credit Strategies Fund Announces Update and Tentative Closing Date for Acquisition of Assets From First Trust High Income Long/Short Fund
PHILADELPHIA, PA / ACCESSWIRE / May 31, 2024 / The Board of Trustees of abrdn Income Credit Strategies Fund (NYSEACP), announces today that shareholders of First Trust High Income Long/Short Fund NYSE:FSDNYSEFSD)
Via ACCESSWIRE · May 31, 2024
abrdn U.S. Closed-End Funds Announce Results of Annual Meeting of Shareholders
PHILADELPHIA, PA / ACCESSWIRE / May 16, 2024 / The following abrdn U.S. Closed-End Funds (NYSEACP),NYSE:AGDNYSEAGD)(NYSE:AODNYSEAOD,(NYSE:ASGINYSE),(NYSE:AWPAWP),(NYSEIFN),NYSE:JEQNYSEJEQ)
Via ACCESSWIRE · May 16, 2024
abrdn Global Infrastructure Income Fund (ASGI) Announces Additional 33% Increase in Distribution Rate Which Represents a 68% Increase Since December 2023
PHILADELPHIA, PA / ACCESSWIRE / May 9, 2024 / abrdn Global Infrastructure Income Fund (NYSEASGI), (the "Fund"), a closed-end management investment company with Net Assets of $523.3 million and market capitalization of $452.7m (as of May 8, 2024), announced today its Board of Trustees ("Board") has approved an increase in the Fund's annualized distribution rate on NAV from 9% to 12%. As of May 8, 2024, this increase would equate to a distribution rate on share price of 13.4%.
Via ACCESSWIRE · May 9, 2024