abrdn Income Credit Strategies Fund Director Yao Nancy Buys 1000 Shares at $5.77/Share.

The abrdn Income Credit Strategies Fund (ACP) has announced that Director Yao Nancy has recently acquired 1000 shares at a price of $5.77 per share on May 12, 2025.

The abrdn Income Credit Strategies Fund (ACP) has declared a quarterly distribution of $0.328125 per share for its 5.250% Series A Perpetual Preferred Shares, payable on June 30, 2025. This distribution, which is part of a stable dividend policy, is expected to be paid from sources such as net realized short-term capital gains, net realized long-term capital gains, and return of capital [1].

In addition to the quarterly distribution, the fund has seen recent activity with Director Yao Nancy acquiring 1000 shares at a price of $5.77 per share on May 12, 2025 [2]. This transaction, while not directly related to the distribution announcement, provides insight into the fund's investment strategy and the confidence that key stakeholders have in its performance.

The fund's investment return and principal value will fluctuate, and shares may trade above or below the net asset value (NAV). Investors should be aware that past performance does not guarantee future results [3].

For more information about the fund's distribution policy and performance, please refer to the fund's official announcements and the provided sources.

References:
[1] https://www.marketscreener.com/quote/stock/PROASSURANCE-CORPORATION-14105/news/ABRDN-INCOME-CREDIT-STRATEGIES-FUND-5-25-SERIES-A-PERPETUAL-PREFERRED-SHARES-DECLARE-QUARTERLY-DIVI-50206376/
[2] https://seekingalpha.com/news/4457022-abrdn-income-credit-strategies-fund-5_250-percent-series-a-perpetual-preferred-stockp
[3] https://www.nasdaq.com/press-release/aberdeen-investments-us-closed-end-funds-announce-distribution-payment-details-2025-3