abrdn Income Credit Strategies Fund Announces Quarterly Preferred Dividend

The Board of Trustees of the abrdn Income Credit Strategies Fund has authorized a quarterly cash distribution of $0.328125 per share for its 5.250% Series A Perpetual Preferred Shares. This payout is scheduled for distribution on September 30, 2026, to shareholders of record as of September 18, 2026.

Corp and Tech·September 8, 2026·reads: 223

abrdn Income Credit Strategies Fund Announces Quarterly Preferred Dividend

These Series A Preferred Shares, which trade on the New York Stock Exchange under the ticker ACP PRA, maintain an annual dividend rate of $1.3125 per share. Originally issued in May 2021 at $25.00, the securities currently hold an A2 rating from Moody's Investors Service.

While the fund issues payments quarterly, the specific tax classification of these distributions—whether drawn from ordinary income, realized capital gains, or a return of capital—depends on the fund's fiscal performance throughout the year. Shareholders will receive a Form 1099-DIV in January 2027 detailing the final tax treatment for the 2026 calendar year. The fund notes that the current distribution amount should not be interpreted as an indicator of overall investment performance.