Abrdn Income Credit Strategies Fund 5.25% Series A Perpetual Preferred Shares Declare Quarterly Dividend

The Board of Trustees of abrdn Income Credit Strategies Fund has announced a cash distribution of $0.328125 per share for its Series A Perpetual Preferred Shares. These shares trade on the NYSE under the symbol "ACP PRA" and are rated "A2" by Moody's. Holders of record on September 20, 2024, will receive the dividend on September 30, 2024.

The annual dividend rate for the Series A Preferred Shares is $1.3125 per share, with distributions paid quarterly. These shares were issued on May 10, 2021, at a price of $25.00 per share.

Distributions may be paid from various sources, including capital gains and return of capital. A Form 1099-DIV will be issued in January 2025 to provide tax information regarding these distributions for the 2024 calendar year.

Closed-end funds like this one trade on stock exchanges, and their investment return and principal value fluctuate. Shares may trade at a premium or discount to their net asset value. There is no assurance of meeting investment objectives, and past performance is not indicative of future results.