ACP News and Press, Aberdeen Income Credit Strategies Fund

2024-07-11 21:35:21 ET Summary This article discusses the upcoming merger of First Trust High Income Long/Short Fund into abrdn Income Credit Strategies Fund. The merger of FSD into ACP was approved, with shares to de-list on July 19, 2024. FSD shareholders to receive NAV for ...

PHILADELPHIA, PA / ACCESSWIRE / July 9, 2024 / The Board of Trustees of abrdn Income Credit Strategies Fund (NYSE:ACP) ("ACP" or the "Acquiring Fund") previously announced that shareholders of First Trust High Income Long/Short Fund (NYSE:FSD) ("FSD" or the "Acquired Fund"), advised by First T...

2024-07-09 12:38:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

PHILADELPHIA, PA / ACCESSWIRE / July 5, 2024 / The India Fund, Inc. ("IFN") (the "Fund"), today announced that the Fund paid the distribution noted in the table below on July 5, 2024, on a per share basis to all shareholders of record as of May 30, 2024 (ex-dividend date May 30, 2024). The Fund...

2024-06-28 14:30:06 ET Summary The 'Undercovered' Dozen highlights twelve ideas from the previous week on stocks with limited coverage. If you're looking for yield, two preferred stock ideas are featured, as well as other high yielding dividend-focused options. A spin-off situ...

PHILADELPHIA, PA / ACCESSWIRE / June 26, 2024 / abrdn Life Sciences Investors ("HQL") announced today the results of the Annual Meeting of Shareholders (the "Meeting"), held on June 25, 2024. As of the record date, April 1, 2024, HQL had outstanding 27,350,517 shares of common stock. 87.84% o...

2024-06-26 12:29:44 ET Summary ACP offers one of the highest annual yields in my Income Compounder portfolio, trading near par with an 18% yield. Bank disintermediation is creating opportunities in private credit, benefiting global credit markets and ACP shareholders. ACP's di...

2024-06-19 05:49:32 ET Summary Prior to May 31, 2024, my Readers mentioned 37 equities in their comments on my articles. Some bad-news investments (Rogues) mixed with (mostly) Favorites. Thus, readers commented about the ReFa/Ro. Ten analyst-target-estimated top net gain ReFa/Ro: ...

PHILADELPHIA, PA / ACCESSWIRE / June 11, 2024 / 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 distribu...

2024-06-02 06:47:58 ET Summary The abrdn Income Credit Strategies Fund has one of the highest yields among fixed-income funds, leading to speculation about the sustainability of its distribution. The fund's performance compared to the global bond index suggests potential concerns ...