Abrdn Income Credit Strategies Fund

abrdn Income Credit Strategies Fund successfully issued 4 million Series A Mandatorily Redeemable Preferred Shares, raising $100 million in gross proceeds.

abrdn Income Credit Strategies Fund's Board approves a new investment strategy allowing up to 5% of its portfolio in defaulted credit obligations.

abrdn Income Credit Strategies Fund has initiated an at-the-market offering to sell up to $75 million in common shares through ALPS Distributors, Inc. and UBS Securities LLC.

Rahn K. Porter, a director at abrdn Income Credit Strategies Fund, has filed a Form 4 reporting a planned acquisition of 2,200 common shares at $5.785 per share on September 30, 2025, under a Rule 10b5-1 plan.

abrdn Income Credit Strategies Fund Director Peter Gerald Malone reported a planned purchase of 500 shares of common stock at $5.93 per share, increasing his direct beneficial ownership to 2,277 shares.

Director Todd Reit plans to buy 2,000 abrdn Income Credit shares.

Nancy Yao, a Director at abrdn Income Credit Strategies Fund, purchased 1,000 shares of common stock, increasing her beneficial ownership to 2,333 shares.

abrdn Income Credit Strategies Fund announces its annual shareholder meeting on May 27, 2026, to elect trustees and address other business.

Abrdn Income Credit Strategies Fund announces its annual shareholder meeting to elect two Class II Trustees and one Preferred Share Trustee.

abrdn Income Credit Strategies Fund will hold its annual shareholder meeting on May 16, 2024, to elect Mr. John Sievwright as a Class I Trustee.

UBS Group AG has filed a Schedule 13G, reporting beneficial ownership of 30.0% of abrdn Income Credit Strategies Fund's 5.250% Series A Perpetual Preferred Shares.

First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation have jointly filed a Schedule 13G, reporting beneficial ownership of 16,502,803 shares, or 13.15%, of abrdn Income Credit Strategies Fund.

Morgan Stanley and Parametric Portfolio Associates LLC have jointly filed a Schedule 13G, reporting beneficial ownership of 6.5% of abrdn Income Credit Strategies Fund's common shares.

UBS Group AG has filed a Schedule 13G reporting a 33.2% beneficial ownership stake in abrdn Income Credit Strategies Fund's 5.250% Series A Perpetual Preferred Shares.

First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation have jointly filed a Schedule 13G, reporting beneficial ownership of 10.49% of abrdn Income Credit Strategies Fund's common stock as of March 31, 2026.

First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation jointly reported a 7.78% beneficial ownership stake in abrdn Income Credit Strategies Fund as of December 31, 2025.