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abrdn Income Credit Strategies Fund (ACP)

$5.55

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Key data on ACP

Market cap

$289019358

EPS

--

P/E ratio

--

Price to sales

4.98

Dividend yield

16.757%

Beta

0.813335

Price on ACP

Previous close

$5.62

Today's open

$5.62

Day's range

$5.50 - $5.63

52 week range

$4.92 - $6.13

Profile about ACP

CEO

--

Employees

--

Headquarters

,

Exchange

New York Stock Exchange

Shares outstanding

--

Issue type

Common Stock

ACP industries and sectors

Finance

Asset Management Services

News on ACP

Certain Aberdeen Investments U.S. Closed-End Funds Declare Distribution Dates and Amounts

PHILADELPHIA, Feb. 10, 2026 /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 February 27, 2026 to all shareholders of record as of February 20, 2026 (ex-dividend date February 20, 2026). 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 March 31, 2026 to all shareholders of record as of February 20, 2026 (ex-dividend date February 20, 2026).

news source

PRNewsWire • Feb 10, 2026

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abrdn Income Credit And Its A2-Rated Preferred Stock - Close To 6.5% For Your IRA

abrdn Income Credit Strategies Fund (ACP) and its preferred stock (ACP.PR.A) offer a compelling blend of safety and yield. ACP.PR.A boasts a Moody's A2 rating, regulatory protections, and a sector-leading current yield of approximately 6.56%. The fund maintains robust asset coverage even under stress scenarios, supported by the 1940 Act's leverage restrictions.

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Seeking Alpha • Jan 8, 2026

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ABRDN INCOME CREDIT STRATEGIES FUND (ACP) ANNOUNCES ISSUANCE OF SERIES A MANDATORILY REDEEMABLE PREFERRED SHARES

PHILADELPHIA , Dec. 18, 2025 /PRNewswire/ -- abrdn Income Credit Strategies Fund (NYSE: ACP) has closed a $100 million private offering of Series A Mandatorily Redeemable Preferred Shares due December 18, 2030. These Shares are rated A2 by Moody's Investors Service, Inc. Net proceeds from the offering will be used primarily to refinance the Fund's existing debt and to make new portfolio investments.

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PRNewsWire • Dec 18, 2025

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

PHILADELPHIA, Dec. 9, 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 January 12, 2026 to all shareholders of record as of December 31, 2025 (ex-dividend date December 31, 2025).

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PRNewsWire • Dec 9, 2025

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ACP: Attractive Valuation But Still Not A Buy

abrdn Income Credit Strategies Fund offers a high 16.5% yield and trades at a notable discount to NAV, appealing to income-focused investors. ACP's portfolio is diversified across global debt securities but relies heavily on below-investment-grade assets and uses leverage, increasing risk in a high-rate environment. Despite attractive yield, ACP's earnings have been inconsistent, and dividend sustainability is questionable if interest rates remain elevated and defaults rise.

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Seeking Alpha • Oct 28, 2025

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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.

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Seeking Alpha • Aug 23, 2025

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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.

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PRNewsWire • Aug 1, 2025

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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.

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Seeking Alpha • Jun 15, 2025

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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.

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Seeking Alpha • Jun 13, 2025

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ACP: Turning Point Could Be Approaching But I'm Still Cautious (Rating Upgrade)

ACP has continued to experience price declines amidst the higher interest rate environment. However, we are at a turning point where things can start to improve. ACP trades at a significant discount to NAV; concerns remain about credit market outlook and sustainability of distributions. The fund's portfolio is diverse but lacks tech exposure and relies heavily on consumer-facing investments, posing risks in high inflation and tariff uncertainty.

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Seeking Alpha • Mar 31, 2025

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