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ABRDN INCOME CREDIT STRATEGIES FUND 5.25% SERIES A PERPETUAL PREFERRED SHARES DECLARE QUARTERLY DIVIDEND

1. ACP PRA declares a cash distribution of $0.328125 per share. 2. Distribution date is June 30, 2025, with an ex-dividend date of June 20, 2025. 3. Shares are rated 'A2' and provide an annual dividend of $1.3125. 4. Distributions may come from various income sources, affecting tax reporting. 5. Investors should not infer past performance from current distribution.

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FAQ

Why Bullish?

The declared cash distribution indicates financial stability, potentially attracting new investors. Historical data shows similar distributions often lead to positive stock movements.

How important is it?

Strong distribution signals financial health and can lead to increased demand; thus, essential for shareholders.

Why Long Term?

Long-term stability indicators from continuous dividend payments can enhance ACP's market position, as seen in other closed-end funds that saw price appreciation through consistent distributions.

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ABRACPAAPL
, /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% Series A Perpetual Preferred Shares (NYSE: ACP PRA) ("Series A Preferred Shares"). The distribution is payable on June 30, 2025, to holders of Series A Preferred Shares of record on June 20, 2025 (ex-dividend date June 20, 2025). The Series A Preferred Shares trade on the NYSE under the symbol "ACP PRA", are rated "A2" by Moody's Investors Service and have an annual dividend rate of $1.3125 per share. The Series A Preferred Shares were issued on May 10, 2021, at $25.00 per share and pay distributions quarterly. Distributions may be paid from sources of income other than ordinary income, such as net realized short-term capital gains, net realized long-term capital gains and return of capital. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. In January 2026, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of distributions and provide information with respect to their appropriate tax treatment for the 2025 calendar year. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution.  Aberdeen Investments Global is the trade name of Aberdeen's investments business, herein referred to as "Aberdeen Investments" or "Aberdeen". In the United States, Aberdeen Investments refers to the following affiliated, registered investment advisers: abrdn Inc., abrdn Investments Limited, and abrdn Asia Limited. Closed-end funds are traded on the secondary market through one of the stock exchanges. A Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that a Fund will achieve its investment objective. Past performance does not guarantee future results. SOURCE abrdn Income Credit Strategies Fund 5.25% Series A Perpetual Preferred Shares WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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