Philadelphia cream, June 7, 2021 / PRNewswire / -Board of Directors Aberdeen Income Credit Strategies Fund Reported cash distribution of $ 0.18229 5.250% of the permanent preferred shares Series A of the fund (NYSE: ACP ARP) (“Preferred Shares Series A”). The distribution is June 30, 2021 To holders of Series A preferred shares listed in June 18, 2021This is the installment payment period calculated from the date of issue. May 10, 2021..
The Series A Preferred Shares are the symbol “ACP ARP, Moody’s Investors Service awarded it an “A2” rating with an annual dividend rate $ 1.3125 Per share. The Series A preferred shares were issued on the following date: May 10, 2021 so $ 25.00 Dividend per share and quarterly dividend.
Dividends can be paid from sources other than normal income, such as short-term net capital gains, long-term net capital gains, and returns on capital. The actual amount and the source of the amount for tax reporting purposes depend on the fund’s investment experience for the remainder of the year and are subject to change under the tax regime. January 2022, Form 1099-DIV will be submitted to shareholders, indicating the amount and composition of dividends and providing information on the appropriate tax treatment for calendar year 2021.
No conclusions should be drawn as to the investment performance of the fund from this distribution amount.
TO United States, Aberdeen Standard Investments is the trade name of the following affiliated registered investment advisers: Aberdeen Standard Investments, Inc., Aberdeen Asset Managers Limited, Aberdeen Standard Investments Australia Limited, Aberdeen Standard InvestmentsAsia) Ltd., Aberdeen Capital Management, LLC, Aberdeen Standard Investments ETFs Advisors LLC, Aberdeen Standard Alternative Funds Limited.
Closed-end funds are traded on the secondary market through one of the exchanges. As the return on investment and the principal value of a fund fluctuate, the value of an investor’s shares may be higher or lower than the original cost. The shares of a closed fund may trade above (premium) or below (discount) the net asset value (NAV) of the fund portfolio. There can be no assurance that the fund will achieve its investment objectives.
If you wish to receive this information electronically, Investor.Relations@aberdeenstandard.com
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Source Aberdeen Income Credit Strategy’s Fund
Aberdeen Income Credit Strategy Fund Declares Quarterly Dividend on Series A Permanent Preferred Shares of 5.25% | Business Wire around the Web-Pennsylvania
Source Link Aberdeen Income Credit Strategy Fund Declares Quarterly Dividend on Series A Permanent Preferred Shares of 5.25% | Business Wire around the Web-Pennsylvania