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

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abrdn Income Credit Strategies Fund (NYSE: ACP PRA) declared a quarterly cash distribution of $0.328125 per share on its 5.250% Series A Perpetual Preferred Shares, payable on December 31, 2025 to holders of record on December 19, 2025 (ex-dividend date December 19, 2025).

The Series A preferred carries an annual dividend rate of $1.3125 per share, was issued on May 10, 2021 at $25.00 per share, and is rated A2 by Moody's. Distributions may include income, realized gains, or return of capital; final tax characterization will be reported on Form 1099-DIV in January 2026. Investors are reminded that closed-end fund share prices and NAV fluctuate and past performance is not a guarantee of future results.

Positive

• Quarterly cash distribution of $0.328125 per Series A share
• Annual dividend rate of $1.3125 per Series A share
• Distribution payable on December 31, 2025
• Series A rated A2 by Moody's

Negative

• Distributions may include return of capital, affecting tax basis
• Final tax composition will be determined in January 2026 Form 1099-DIV
• Closed-end fund shares may trade at a discount or premium to NAV

PHILADELPHIA, Dec. 9, 2025 /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 December 31, 2025, to holders of Series A Preferred Shares of record on December 19, 2025 (ex-dividend date December 19, 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.

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SOURCE abrdn Income Credit Strategies Fund 5.25% Series A Perpetual Preferred Shares

FAQ

What dividend did abrdn Income Credit Strategies Fund (ACP PRA) declare on December 9, 2025?

The Fund declared a quarterly cash distribution of $0.328125 per Series A share, payable December 31, 2025.

What are the record and ex-dividend dates for ACP PRA's December 2025 distribution?

Record date is December 19, 2025 and the ex-dividend date is December 19, 2025.

How much is the annual dividend rate for ACP PRA Series A preferred shares?

The Series A preferred shares have an annual dividend rate of $1.3125 per share.

Will ACP PRA shareholders get a tax form showing the distribution breakdown for 2025?

Yes. The Fund will send a Form 1099-DIV in January 2026 that states the amount and composition of 2025 distributions.

When were ACP PRA Series A preferred shares issued and at what price?

The Series A preferred shares were issued on May 10, 2021 at $25.00 per share.

Does the ACP PRA distribution guarantee investment performance?

No. The announcement warns that distribution size does not indicate investment performance, and share value and NAV can fluctuate.