abrdn Income Credit Strategies Fund Director Malone Buys 500 Shares

The abrdn Income Credit Strategies Fund [ACP] has announced that Director Gerald Malone Peter has purchased 500 shares at a price of $5.93 per share on September 26, 2025.

The abrdn Income Credit Strategies Fund [ACP] has announced that Director Gerald Malone Peter has purchased 500 shares of the company's Common Stock. The transaction took place on September 26, 2025, with each share priced at $5.93. This acquisition, totaling $2,965, marks a strategic move by the fund's director.

The purchase was made in accordance with SEC regulations, as required for insider transactions. This acquisition comes at a time when the fund is focusing on income credit strategies, aiming to provide stable returns to its investors.

This news follows a similar transaction by another fund director, Reit Todd, who purchased 2,000 shares on September 23, 2025, at a price of $5.815 per share, totaling $11,630 abrdn Income Credit Strategies Fund Director Acquires 2,000 Shares^[1].

The abrdn Income Credit Strategies Fund has a history of prudent investments, and these acquisitions by its directors reflect a confident outlook on the company's future prospects.