abrdn Income Credit Strategies Fund filings document the governance, capital structure and investment-policy disclosures of a closed-end income fund. Proxy statements cover trustee elections and preferred-share class voting, while Form 8-K reports disclose material agreements, preferred-share terms, unregistered securities sales and amendments to organizational preferences.
The filing record also describes common-share distribution arrangements, leverage instruments, net asset value constraints under investment-company rules, and changes to credit-investment strategy, including disclosure around defaulted credit obligations. These documents connect the fund's income objective with formal reporting on shareholder rights, financing arrangements, portfolio policies and risk-related fund structure.
abrdn Income Credit Strategies Fund (ACP) is the issuer in a joint ownership disclosure by First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation. Each reports beneficial ownership of 20,045,973 common shares, or 15.98%, with shared dispositive power and zero sole or shared voting power. The three entities disclaim beneficial ownership of the reported shares.
First Trust Portfolios sponsors unit investment trusts that hold some of the shares; First Trust Advisors serves as their portfolio supervisor, and The Charger Corporation is general partner of both. The trusts’ shares are voted by their trustees, ordinarily in line with the votes of other shareholders. No individual trust sponsored by First Trust Portfolios holds more than 3% of any registered investment company issuer’s shares.
UBS Group AG reports beneficial ownership of 480,458 5.250% Series A Perpetual Preferred Shares of abrdn Income Credit Strategies Fund, representing 30.03% of that class. UBS reports no voting power over these shares but shared dispositive power over all 480,458 shares.
The filing is made by UBS Group AG, a Swiss entity, on behalf of itself and its wholly owned subsidiary UBS Financial Services Inc.
First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation report beneficial ownership of 16,502,803 common shares of abrdn Income Credit Strategies Fund, representing 13.15% of the class. These shares are held in unit investment trusts and other investment vehicles, giving the firms shared dispositive power but no voting power. The trustee votes the unit investment trust shares to mirror other shareholders, and each reporting person disclaims beneficial ownership.
The Schedule 13G/A amendment shows Morgan Stanley (via MS Reporting Units) and Parametric Portfolio Associates LLC reporting shared voting power of 1,086,674 and shared dispositive power of 8,177,008 common shares of abrdn Income Credit Strategies Fund (CUSIP 003057106) as of 03/31/2026. The filing states total shares beneficially owned of 8,177,008, representing 6.5% of the class and includes a joint filing agreement and Item 7 exhibit. Signatures are dated 05/11/2026. The filing notes that securities reported reflect certain MS operating units as described in Release No. 34-39538.
UBS Group reports beneficial ownership of 531,368 shares of abrdn Income Credit Strategies Fund 5.250% Series A Perpetual Preferred Shares, representing 33.21% of the class. The filing (Amendment No. 14 to a Schedule 13G/A) lists UBS Group and its wholly owned subsidiaries as the reporting entities and is signed by Andrew Johnson on 05/01/2026.
The filing gives UBS Group's principal office as Bahnhofstrasse 45, CH-8021 Zurich, Switzerland, and the issuer's principal executive office as 1900 Market Street, Philadelphia, Pennsylvania. The securities carry CUSIP 003057205.
abrdn Income Credit Strategies Fund filed a Form 3 identifying Wertz Parker Webb as a reporting person in the capacity of “Director of Adviser.” The filing data show no reported transactions or holding entries, indicating no buys, sells, or derivative positions are listed in this submission.
abrdn Income Credit Strategies Fund is calling an annual shareholder meeting on May 27, 2026 in Philadelphia. Shareholders of record as of April 1, 2026 will vote on two items: electing Rahn Porter as a Class III Trustee and electing Randolph Takian as a Preferred Share Trustee, each for three-year terms ending in 2029. Common and preferred shareholders vote together on Mr. Porter’s election, while preferred shareholders vote separately on Mr. Takian’s. The Board, including all independent trustees, unanimously recommends voting “FOR” both nominees.
First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation jointly report beneficial ownership of 13,160,660 shares of Common stock of abrdn Income Credit Strategies Fund, representing 10.49% of the class. The filing states shared dispositive power for 13,160,660 shares and disclaims sole voting or dispositive power. The filing is submitted pursuant to Rule 13d-1(k)(1) and explains that some shares are held in unit investment trusts and are voted by trustees.
abrdn Income Credit Strategies Fund received a Schedule 13G from First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation reporting a significant holding of its common shares. The filing shows beneficial ownership of 9,763,057 shares, representing 7.78% of the fund’s common stock as of December 31, 2025.
The reporting persons have no sole voting or dispositive power over these shares but report shared dispositive power over the full amount and no voting power. The position is mainly held through unit investment trusts and other client accounts, and the firms state the holdings are in the ordinary course of business, not to change or influence control of the fund, while each disclaims beneficial ownership.
The registrant ACP submitted a Form N-CEN annual report template for registered investment companies that records operational items and service providers. The filing shows aggregate brokerage commissions of 3,197.53 and multiple principal transaction values, including 1,491,984,231.88 listed in one record.