Abrdn Income Credit Strategies Fund (ACP)
Upgrades & Downgrades
Latest ACP news
ACP: Solid Foreign Exposure, And A Fully-Covered 17% Yield
6 September 2023
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 h...
ACP: International Exposure With A High Yield
29 June 2023
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 i...
ACP.PA: This CEF Debt Slice Could Be Attractive At Yields In Excess Of 6.5%
21 June 2023
ACP.PA is a Series A preferred equity from the Abrdn Income Credit Strategies Fund. The CEF preferred equity represents a fixed term funding structure that accounts for leverage in the vehicle. While ...
ACP: Becoming Interesting Again
9 April 2023
ACP is a high yield CEF. The fund recently merged with IVH on a NAV for NAV basis.
Weekly Closed-End Fund Roundup - March 5, 2023
16 March 2023
19 out of 22 CEF sectors were positive on price and 12 out of 22 sectors were positive on NAV last week. Delaware/Abrdn mergers are closing this week.
IVH: Last 3 Days To Get A 6% Discount On ACP
8 March 2023
IVH is set to be merged into ACP on March 10, 2023. Although it has narrowed, the two CEFs are still trading with a difference in discounts to net asset value.
Weekly Closed-End Fund Roundup: February 19, 2023
1 March 2023
0 out of 22 closed-end fund sectors positive on price and 3 out of 22 sectors positive on NAV last week. KIO rights offering results.
CEF Merger Arbitrage: Sell ACP And Buy IVH
24 February 2023
ACP is overvalued heading into its merger with IVH. Potentially make 10% in two weeks by selling ACP and buying IVH.
Weekly Closed-End Fund Roundup: February 12, 2023
21 February 2023
1 out of 22 CEF sectors positive on price and 0 out of 22 sectors positive on NAV last week. Senior loans lead while real estate lags.