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Aberdeen Income Credit Strategies Fund of Benef Interest ( (ACP) ) has issued an update.
On September 9, 2025, the Board of Directors of abrdn Income Credit Strategies Fund approved a change in the Fund’s investment strategy, effective November 10, 2025. The Fund will now allow up to 5% of its portfolio to be invested in credit obligations that are in default at the time of investment, marking a shift from its previous strategy of avoiding defaulted obligations. This strategic adjustment aims to enhance the Fund’s flexibility in pursuing high-yield opportunities, potentially impacting its risk profile and offering new avenues for income generation.
More about Aberdeen Income Credit Strategies Fund of Benef Interest
Aberdeen Income Credit Strategies Fund is a diversified, closed-end management investment company focused on achieving high current income and capital appreciation. The Fund primarily invests in loan and debt instruments across various industries and geographic regions, emphasizing senior secured loans and subordinated debt instruments.
Average Trading Volume: 518,118
Find detailed analytics on ACP stock on TipRanks’ Stock Analysis page.