ABRDN INCOME CREDIT STRATEGIES FUND 5.25% SERIES A PERPETUAL PREFERRED SHARES DECLARE QUARTERLY DIVIDEND
- Consistent quarterly dividend payment maintained at $0.328125 per preferred share
- Strong A2 rating from Moody's Investors Service indicates high credit quality
- Preferred shares provide a stable annual dividend yield of 5.25%
- Distributions may include return of capital, which could impact the fund's long-term sustainability
- Final tax treatment of distributions remains uncertain until fiscal year end
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
Distributions may be paid from sources of income other than ordinary income, such as net realized short-term capital gains, net realized long-term capital gains and return of capital. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. In January 2026, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of distributions and provide information with respect to their appropriate tax treatment for the 2025 calendar year.
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution.聽
Aberdeen Investments Global is the trade name of Aberdeen's investments business, herein referred to as "Aberdeen Investments" or "Aberdeen". In
Closed-end funds are traded on the secondary market through one of the stock exchanges. A Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that a Fund will achieve its investment objective. Past performance does not guarantee future results.
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SOURCE abrdn Income Credit Strategies Fund
FAQ
What is the quarterly dividend amount for ACP Series A Preferred Shares?
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What is the annual dividend rate for ACP Series A Preferred Shares?
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When were ACP Series A Preferred Shares initially issued?
