Initial Form 3 for ACP Shows Director of Adviser Holds No Shares

Rhea-AI Filing Summary

Mitchell Aron filed an Initial Form 3 reporting his relationship with abrdn Income Credit Strategies Fund (ACP). The filing, dated 08/18/2025, lists his role as Director of Adviser and indicates that no securities are beneficially owned by the reporting person. The form includes Exhibit 24 (Power of Attorney) and was signed via POA by Lucia Sitar on 08/20/2025.

Insights

Corporate Governance Expert

TL;DR: Routine initial Form 3; reporting person declares no beneficial ownership and uses a POA to sign.

The filing is procedural: it establishes Mitchell Aron's relationship to the issuer as Director of Adviser and documents that he holds no reportable equity in ACP at the time of the event. The inclusion of Exhibit 24 indicates a standard power-of-attorney arrangement for filing. This disclosure is informational and does not by itself change governance or ownership dynamics.

Securities Compliance Analyst

TL;DR: Compliance-complete initial disclosure with no reportable holdings; no material investor impact.

The Form 3 satisfies Section 16(a) initial reporting requirements by identifying the reporting person, relationship to the issuer, and affirming absence of beneficial ownership. The POA signature is properly noted. Because there are no securities reported, there are no Section 16 implications such as short-swing profit considerations arising from this filing.

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^*

Mitchell Aron

(Last) (First) (Middle)

C/O ABRDN

1900 MARKET STREET, SUITE 200

(Street)

PHILADELPHIA PA 19103

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/18/2025

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

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)

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:

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

No securities are beneficially owned.

	/s/ Lucia Sitar by POA from Reporting Person	08/20/2025
	** 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.

FAQ

What does Mitchell Aron's Form 3 for ACP report?

The form states that Mitchell Aron is a Director of Adviser to abrdn Income Credit Strategies Fund (ACP) and that he does not beneficially own any securities of the issuer.

When was the event requiring the Form 3 reported?

The event date listed on the filing is 08/18/2025, and the form was signed by POA on 08/20/2025.

Was a power of attorney used to file this Form 3?

Yes. The filing includes Exhibit 24 (Power of Attorney) and is signed /s/ Lucia Sitar by POA from the reporting person.

Does this Form 3 disclose any securities holdings for ACP?

No. The filing explicitly states no securities are beneficially owned by the reporting person at the time of filing.

What is the significance of a Form 3?

A Form 3 is the initial statement of beneficial ownership under Section 16(a), used to disclose an insider's relationship to the issuer and any reportable holdings.