Abrdn Income Credit Strategies Fund (ACP)

NYSE: ACP · Real-Time Price · USD
5.31
-0.02 (-0.38%)
At close: Apr 10, 2026, 4:00 PM EDT
5.32
+0.01 (0.19%)
After-hours: Apr 10, 2026, 7:00 PM EDT
Market Value666.25M
Revenue (ttm)94.52M +56.9%
Net Income38.46M -47.9%
EPS0.31 -49.3%
Shares Out 125.47M
PE Ratio17.33
Forward PEn/a
Dividend$0.93 (17.51%)
Ex-Dividend DateMar 24, 2026
Volume498,645
Open5.37
Previous Close5.33
Day's Range5.23 - 5.37
52-Week Range4.99 - 5.99
Beta0.80
Analystsn/a
Price Targetn/a
Earnings Daten/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.

Founded 2010
Country United Kingdom
Stock Exchange NYSE
Ticker Symbol ACP
Full Company Profile

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 Statements

News

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 ...

Other symbols: AGDAODASGIAWPFAXFCOTHQ
1 day ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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), an...

Other symbols: AGDAODASGIAWPFAXFCOHQH
2 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

Other symbols: AEFAGDAODASGIAWPFAXFCO
4 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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...

Other symbols: FAX
1 year ago - Accesswire

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?

Other symbols: EFCEPRNMCOPHK
1 year ago - Forbes

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...

1 year ago - Accesswire

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...

Other symbols: ASGI
1 year ago - Business Wire

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...

Other symbols: ASGI
1 year ago - Accesswire

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...

1 year ago - Accesswire

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!

Other symbols: JEQVT
1 year ago - Forbes

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...

1 year ago - Accesswire

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...

1 year ago - Business Wire

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) ("...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Business Wire

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...

2 years ago - Accesswire

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.

Other symbols: CMCSA
2 years ago - Business Wire

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...

Other symbols: AGDAODASGIAWPFAXFCOIAF
2 years ago - Accesswire

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...

2 years ago - Accesswire

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...

Other symbols: AGDAODASGIAWPFAXFCOTHQ
2 years ago - Accesswire

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...

2 years ago - Accesswire

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...

Other symbols: AODASGI
2 years ago - Business Wire