abrdn Income Credit Strategies Fund (ACP) insider files Form 3 ownership

Rhea-AI Filing Summary

abrdn Income Credit Strategies Fund received an initial insider ownership report effective 12/18/2025. The filing shows indirect beneficial ownership of 4,000,000 Series A Mandatorily Redeemable Preferred Shares, listed as being held for clients for whom the reporting person serves as investment manager. The reporting person characterizes this as indirect ownership and explicitly disclaims beneficial ownership of these securities except to the extent of any pecuniary interest.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MetLife Investment Management, LLC

Role 10% Owner

Type	Security	Shares	Price	Value
holding	Series A Mandatorily Redeemable Preferred Shares	--	--	--

Holdings After Transaction: Series A Mandatorily Redeemable Preferred Shares — 4,000,000 shares (Indirect, See Footnotes)

Footnotes (2)

1. F1. These securities are held directly by clients for whom the Reporting Person serves as investment manager.
2. F2. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

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Accepted by SEC EDGAR 12/29/2025 - 04:23 PM Learn about SEC filing dates

FAQ

What insider position is reported for abrdn Income Credit Strategies Fund (ACP)?

The filing reports indirect beneficial ownership of 4,000,000 Series A Mandatorily Redeemable Preferred Shares of abrdn Income Credit Strategies Fund.

Is the insider ownership in ACP direct or indirect in this filing?

The reported ownership is indirect, as the securities are held by clients for whom the reporting person serves as investment manager.

What type of security does the ACP insider Form 3 cover?

The Form 3 covers Series A Mandatorily Redeemable Preferred Shares of abrdn Income Credit Strategies Fund.

What does the beneficial ownership disclaimer mean in this ACP filing?

The reporting person disclaims beneficial ownership of the reported securities, except to the extent of any pecuniary interest, and states that the filing should not be deemed an admission of beneficial ownership for Section 16 or other purposes.

Who actually holds the ACP preferred shares reported in this Form 3?

According to the response footnote, the securities are held directly by clients for whom the reporting person acts as investment manager.

What is the event date for the ACP insider ownership reported here?

The date of the event requiring this ownership statement is listed as 12/18/2025.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

MetLife Investment Management, LLC

(Last) (First) (Middle)

ONE METLIFE WAY

(Street)

WHIPPANY NJ 07981

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
12/18/2025

3. Issuer Name and Ticker or Trading Symbol
abrdn Income Credit Strategies Fund [ ACP ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Series A Mandatorily Redeemable Preferred Shares	4,000,000	I(1)(2)	See Footnotes(1)(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These securities are held directly by clients for whom the Reporting Person serves as investment manager.

2. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

	/s/ Israel Grafstein, Chief Compliance Officer of MetLife Investment Management, LLC	12/29/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.