Previous 10 | Next 10 |
PHILADELPHIA, PA / ACCESSWIRE / October 27, 2023 / Effective close of business today, October 27, 2023, abrdn Inc. ("abrdn") assumed responsibility for the management of the four (4) former Tekla Capital Management LLC closed-end funds totaling $2.8bn in assets under management (AUM) as of Octob...
2023-10-24 22:29:43 ET Summary Abrdn Asset Management is acquiring several closed-end investment companies advised by First Trust Advisors, increasing its assets under management. The abrdn Income Credit Strategies Fund is set to acquire the First Trust High Income Long/Short Fund...
PHILADELPHIA, PA / ACCESSWIRE / October 23, 2023 / The Board of Trustees of each of the Acquiring Funds, listed below, announces the proposed reorganization of several closed-end investment companies advised by First Trust Advisors, L.P. into the respective Acquiring Funds ("Reorganizations"). T...
2023-10-11 17:00:03 ET More on abrdn Income Credit Strategies Fund ACP Vs. FCO: Comparing Abrdn's 14% And 17% Yielding Credit Funds ACP: Solid Foreign Exposure, And A Fully-Covered 17% Yield Dividend scorecard for abrdn Income Credit Strategies Fund For furth...
PHILADELPHIA, PA / ACCESSWIRE / September 21, 2023 / abrdn National Municipal Income Fund (the "Fund") held its Annual Meeting of Shareholders (the "Meeting") on September 21, 2023. At the Meeting, shareholders of the Fund voted to re-elect the Board of Trustees. As of the record date, August...
PHILADELPHIA, PA / ACCESSWIRE / September 12, 2023 / 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 d...
2023-09-06 11:40:04 ET Summary The two funds discussed in the article focus on generating high current income and the yields are as high as 17%. The primary objective of these funds is to provide investors with a steady stream of income. But the intelligent investor looks beyo...
2023-09-06 07:53:56 ET Summary The abrdn Income Credit Strategies Fund offers a high level of current income with a 17.14% distribution yield. The fund's net assets have been declining, but it has not altered its distribution and has released a semi-annual report. The fund has...
PHILADELPHIA, PA / ACCESSWIRE / July 7, 2023 / Effective close of business today, July 7, 2023, abrdn Inc. ("abrdn") assumed responsibility for the management of the former Delaware Investments National Municipal Income Fund ("VFL" or the "Fund"), from Delaware Management Company ("DMC"), a seri...
2023-06-29 15:17:35 ET Summary Investors today are desperate for income due to the rapidly rising cost of living in most developed nations. abrdn Income Credit Strategies Fund invests in a portfolio of bonds from around the world in an attempt to provide investors with this high l...
News, Short Squeeze, Breakout and More Instantly...
Aberdeen Income Credit Strategies Fund Company Name:
ACP Stock Symbol:
NYSE Market:
PHILADELPHIA, PA / ACCESSWIRE / July 26, 2024 / The Board of Trustees of abrdn Income Credit Strategies Fund (NYSE:ACP) , announces today that shareholders of First Trust/abrdn Global Opportunity Income Fund (NYSE:FAM) ("FAM" or the "Acquired Fund") advised by First Trust Advisors L.P. have app...
2024-07-25 05:00:37 ET Few people pay much attention to the management team of a closed-end fund (CEF). But it’s becoming a much more critical factor driving CEF upside (and downside!), as well as these funds’ 8%+ dividend payouts. I was reminded of this recently by a ...
abrdn Income Credit Strategies Fund (NYSE: ACP) (“ACP” or the “Acquiring Fund”) and First Trust High Income Long/Short Fund (NYSE: FSD) (“FSD” or the “Acquired Fund”) announce today the completed reorganization of the Acquired Fund wit...