Abrdn Income Credit Strategies Fund (ACP)
| Market Value | 626.10M |
| Revenue (ttm) | 91.20M +8.2% |
| Net Income | 79.20M +231.8% |
| EPS | 0.63 +253.5% |
| Shares Out | 125.47M |
| PE Ratio | 7.91 |
| Forward PE | n/a |
| Dividend | $0.93 (18.64%) |
| Ex-Dividend Date | Aug 24, 2026 |
| Volume | 494,193 |
| Open | 5.020 |
| Previous Close | 4.950 |
| Day's Range | 4.950 - 5.020 |
| 52-Week Range | 4.950 - 5.940 |
| Beta | 0.76 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About ACP
Abrdn Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited. It is co-managed by Aberdeen Standard Investments Inc. The fund invests in fixed income markets across the globe. It seeks to invest primarily in loan and debt instruments. Abrdn Income Credit Strategies Fund was formed on October 12, 2010 and is domiciled in the United States.
Financial Performance
In fiscal year 2025, ACP's revenue was $94.52 million, an increase of 56.94% compared to the previous year's $60.23 million. Earnings were $38.46 million, a decrease of -49.27%.
Financial StatementsNews
Aberdeen Investments U.S. Closed-End Funds Declare Distribution Dates and Amounts
PHILADELPHIA, April 10, 2026 /PRNewswire/ -- The following abrdn U.S. Closed-End Funds (NYSE: ACP, AGD, AOD, ASGI, AWP, THQ, THW and NYSE American: FAX, FCO, VFL), announced today that the closed end ...
abrdn Income Credit Strategies Fund 5.25% Series A Perpetual Preferred Shares Declare Quarterly Dividend
PHILADELPHIA, March 10, 2026 /PRNewswire/ -- The Board of Trustees of abrdn Income Credit Strategies Fund (the "Fund"), has declared a cash distribution of $0.328125 per share of the Fund's 5.250% Ser...
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...
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 th...
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 Commissio...
abrdn U.S. Closed-End Funds Announce Distribution Payment Details
PHILADELPHIA, PA / ACCESS Newswire / March 11, 2025 / The following abrdn U.S. Closed-End Funds (NYSE:ACP, AGD, AOD, ASGI, AWP, THQ, THW and NYSE American:FAX, FCO, VFL), announced today that the clos...
Wall Street Is Missing The Boat On These Monthly Dividends
What's better than monthly dividends that add up to 7.2% to 15.4% yearly yields?
abrdn Income Credit Strategies Fund (ACP) Announces Change to Monthly Distribution Expected to be Maintained for at Least the Next 12 Months
PHILADELPHIA, PA / ACCESSWIRE / December 10, 2024 / abrdn Income Credit Strategies Fund (NYSE:ACP) (the "Fund"), a closed-end fund, announced today that it has reduced its monthly distribution from US...
abrdn and First Trust Announce Closing of Reorganizations of Certain First Trust Advised Funds With abrdn U.S. Closed-End Funds
PHILADELPHIA & WHEATON, Ill.--(BUSINESS WIRE)--abrdn Income Credit Strategies Fund (NYSE: ACP) (“ACP”) and abrdn Global Infrastructure Income Fund (NYSE: ASGI) (each, an “Acquiring Fund”) announce tod...
abrdn Global Infrastructure Income Fund ("ASGI") and abrdn Income Credit Strategies Fund ("ACP") Announce Distribution Payment Details
PHILADELPHIA, PA / ACCESSWIRE / September 10, 2024 / The abrdn Global Infrastructure Income Fund (NYSE:ASGI) and the abrdn Income Credit Strategies Fund (NYSE:ACP), announced today that each closed en...
abrdn Income Credit Strategies Fund Announces Closing Date for Acquisition of Assets From First Trust/abrdn Global Opportunity Income Fund
PHILADELPHIA, PA / ACCESSWIRE / August 22, 2024 / The Board of Trustees of abrdn Income Credit Strategies Fund (NYSE:ACP) ("ACP" or the "Acquiring Fund"), previously announced that shareholders of Fir...
Steer Clear Of These 16 High Yield CEFs
Few people pay much attention to the management team of a closed-end fund (CEF). But it's becoming a much more critical factor driving CEF upside (and downside!
abrdn Income Credit Strategies Fund Announces Update and Tentative Closing Date for Acquisition of Assets From First Trust/abrdn Global Opportunity Income Fund
PHILADELPHIA, PA / ACCESSWIRE / July 26, 2024 / The Board of Trustees of abrdn Income Credit Strategies Fund (NYSE:ACP), announces today that shareholders of First Trust/abrdn Global Opportunity Incom...
abrdn Income Credit Strategies Fund (ACP) and First Trust High Income Long/short Fund (FSD) Announce Closing of Reorganization
PHILADELPHIA & WHEATON, Ill.--(BUSINESS WIRE)--abrdn Income Credit Strategies Fund (NYSE: ACP) (“ACP” or the “Acquiring Fund”) and First Trust High Income Long/Short Fund (NYSE: FSD) (“FSD” or the “Ac...
abrdn Income Credit Strategies Fund (ACP) and First Trust High Income Long/Short Fund (FSD) Announce Closing of Reorganization
PHILADELPHIA, PA and WHEATON, IL / ACCESSWIRE / July 22, 2024 / abrdn Income Credit Strategies Fund (NYSE:ACP) ("ACP" or the "Acquiring Fund") and First Trust High Income Long/Short Fund (NSYE:FSD) ("...
abrdn Income Credit Strategies Fund Announces Closing Date for Acquisition of Assets From First Trust High Income Long/Short Fund and Announces Distribution Payment Details
PHILADELPHIA, PA / ACCESSWIRE / July 9, 2024 / The Board of Trustees of abrdn Income Credit Strategies Fund (NYSE:ACP) ("ACP" or the "Acquiring Fund") previously announced that shareholders of First T...
Alliance of Comprehensive Planners (ACP) Shares Details on 2024 Annual Conference
WILMINGTON, N.C.--(BUSINESS WIRE)-- #ACP--The Alliance of Comprehensive Planners (ACP), a community of tax-focused, fiduciary financial advisors who provide comprehensive wealth building strategies fo...
abrdn Income Credit Strategies Fund Announces Update and Tentative Closing Date for Acquisition of Assets From First Trust High Income Long/Short Fund
PHILADELPHIA, PA / ACCESSWIRE / May 31, 2024 / The Board of Trustees of abrdn Income Credit Strategies Fund (NYSE:ACP), announces today that shareholders of First Trust High Income Long/Short Fund (NY...
Comcast Launches NOW – a New Brand and Product Portfolio that Redefines Low-Cost Internet, Mobile and TV
PHILADELPHIA--(BUSINESS WIRE)--Comcast Launches NOW – a New Brand and Product Portfolio that Redefines Low-Cost Internet, Mobile and TV.
CORRECTION: abrdn U.S. Closed-End Funds Announce Distribution Payment Details
This release provides an update to the performance tables regarding the IAF Estimated Amounts of Current Distribution per Share and Estimated Amounts of Fiscal Year to Date Cumulative Distributions pe...
abrdn Income Credit Strategies Fund (ACP) Announces Results of the Special Shareholder Meeting Relating to Proposed Reorganization with Two First Trust-Advised Closed-End Funds
PHILADELPHIA, PA / ACCESSWIRE / January 19, 2024 / abrdn Income Credit Strategies Fund (NYSE:ACP) (the "Acquiring Fund") announced that it held a special meeting of shareholders on January 19, 2024 (t...
abrdn U.S. Closed End Funds Announce Distribution Payment Details
PHILADELPHIA, PA / ACCESSWIRE / January 10, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP)(NYSE:AGD)(NYSE:AOD)(NYSE:ASGI)(NYSE:AWP) and (NYSE American:FAX)(NYSE American:FCO)(NYSE America...
abrdn Income Credit Strategies Fund 5.25% Series A Perpetual Preferred Shares Declares Quarterly Dividend
PHILADELPHIA, PA / ACCESSWIRE / December 11, 2023 / The Board of Trustees of abrdn Income Credit Strategies Fund (the "Fund"), has declared a cash distribution of $0.328125 per share of the Fund's 5.2...
First Trust Advisors Announces Proposed Reorganization of Four First Trust Advised Closed-End Funds into Three abrdn Advised Closed-End Funds
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the Board of Trustees of each of the Acquired Funds, listed below, approved the proposed reorganization of the Ac...
abrdn's U.S. Closed-End Funds Announce Proposed Acquisition of Assets of Four First Trust Advised Closed-End Funds
PHILADELPHIA, PA / ACCESSWIRE / October 23, 2023 / The Board of Trustees of each of the Acquiring Funds, listed below, announces the proposed reorganization of several closed-end investment companies ...