ABRDN Income Credit Strategies Fund Declares Quarterly Dividend for Series A Preferred Shares
On December 9, 2025, the Board of Trustees for the ABRDN Income Credit Strategies Fund made a significant announcement regarding its Series A Perpetual Preferred Shares. They declared a cash distribution of $0.328125 per share, a move that benefits holders of the 5.25% Series A Preferred Shares trading under the symbol "ACP PRA" on the New York Stock Exchange (NYSE). This cash distribution will be paid out on December 31, 2025, to shareholders who are on record by December 19, 2025, with the ex-dividend date also set for December 19, 2025.
The Series A Preferred Shares, which are recognized for their stability, are rated “A2” by Moody’s Investors Service. This rating highlights the quality of the investment for potential stakeholders. Originally issued on May 10, 2021, at a price of $25.00 per share, these shares have been structured to provide investors with a steady annual dividend of $1.3125 per share, distributed quarterly.
Investors should note that the funding for the distributions may come from various sources, not solely ordinary income. This can include net realized short-term capital gains and net realized long-term capital gains, as well as returns of capital. The precise details pertaining to the amounts and sources for tax reporting will be determined by the Fund's investment outcomes in the remaining fiscal period and may also be influenced by potential changes in tax regulations. Shareholders can expect to receive a Form 1099-DIV in January 2026, detailing the distribution amounts and their respective tax implications for the 2025 calendar year.
While the announcement of regular distributions is an encouraging indication for current and potential investors, it is prudent to refrain from drawing conclusions about the Fund's overall investment performance based solely on the announced cash distribution. The actual performance and value of the Fund’s assets can fluctuate significantly, reflecting market dynamics.
Aberdeen Investments is the trade name for the investment business of Aberdeen and includes a range of affiliated registered investment advisers, namely abrdn Inc., abrdn Investments Limited, and abrdn Asia Limited in the United States. For investors looking at closed-end funds like the abrdn Income Credit Strategies Fund, it’s critical to understand that these funds operate on secondary markets where shares can trade at a premium or discount compared to the net asset value (NAV) of the portfolio. Investors should keep in mind that there are no guarantees regarding investment objectives and that past performance is not indicative of future results. With this announcement, ABRDN continues to solidify its place in the financial landscape, providing valuable opportunities for shareholders looking for steady income from their investments.
The Series A Preferred Shares, which are recognized for their stability, are rated “A2” by Moody’s Investors Service. This rating highlights the quality of the investment for potential stakeholders. Originally issued on May 10, 2021, at a price of $25.00 per share, these shares have been structured to provide investors with a steady annual dividend of $1.3125 per share, distributed quarterly.
Investors should note that the funding for the distributions may come from various sources, not solely ordinary income. This can include net realized short-term capital gains and net realized long-term capital gains, as well as returns of capital. The precise details pertaining to the amounts and sources for tax reporting will be determined by the Fund's investment outcomes in the remaining fiscal period and may also be influenced by potential changes in tax regulations. Shareholders can expect to receive a Form 1099-DIV in January 2026, detailing the distribution amounts and their respective tax implications for the 2025 calendar year.
While the announcement of regular distributions is an encouraging indication for current and potential investors, it is prudent to refrain from drawing conclusions about the Fund's overall investment performance based solely on the announced cash distribution. The actual performance and value of the Fund’s assets can fluctuate significantly, reflecting market dynamics.
Aberdeen Investments is the trade name for the investment business of Aberdeen and includes a range of affiliated registered investment advisers, namely abrdn Inc., abrdn Investments Limited, and abrdn Asia Limited in the United States. For investors looking at closed-end funds like the abrdn Income Credit Strategies Fund, it’s critical to understand that these funds operate on secondary markets where shares can trade at a premium or discount compared to the net asset value (NAV) of the portfolio. Investors should keep in mind that there are no guarantees regarding investment objectives and that past performance is not indicative of future results. With this announcement, ABRDN continues to solidify its place in the financial landscape, providing valuable opportunities for shareholders looking for steady income from their investments.
Topics Financial Services & Investing）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.