Personal Finance/InvestmentAberdeen Income Credit Strategies Fund Announces Monthly Distribution

PRNewswire PRNewswireMarch 12, 20203 min

Aberdeen Income Credit Strategies Fund (NYSE: ACP) (the “Fund”), a closed-end fund, announced today that it will pay a distribution of US $0.12 per share on March 31, 2020 to all shareholders of record as of March 20, 2020 (ex-dividend date March 19, 2020). Investments

In January 2021, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of distributions and provide information with respect to their appropriate tax treatment for the 2020 calendar year.

The Fund is managed and advised by Aberdeen Asset Managers Limited. The Fund’s shares trade on the NYSE under the symbol “ACP”.Fintech News

You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution.

In the United States, Aberdeen Standard Investments is the marketing name for the following affiliated, registered investment advisers:  Aberdeen Standard Investments Inc., Aberdeen Asset Managers Ltd., Aberdeen Standard Investments Australia Ltd., Aberdeen Standard Investments (Asia) Ltd., Aberdeen Capital Management, LLC, Aberdeen Standard Investments ETFs Advisors LLC and Standard Life Investments (Corporate Funds) Ltd.

Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund’s investment return and principal value will fluctuate so that an investor’s shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund’s portfolio. There is no assurance that the Fund will achieve its investment objective.

PRNewswire

PRNewswire

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications



FintecBuzz, 2022 © All Rights Reserved