PHILADELPHIA, Feb. 11, 2019 /PRNewswire/ -- 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 February 28, 2019 to all shareholders of record
as of February 21, 2019 (ex-dividend
date February 20, 2019).
In January 2020, 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 2019 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".
The Fund changed its name from Avenue Income Credit Strategies
Fund to Aberdeen Income Credit Strategies Fund effective
December 1,
2017.
You should not draw any conclusions about the Fund's investment
performance from the amount of this distribution.
Aberdeen Standard Investments is a brand of the investment
businesses of Standard Life Aberdeen plc, its affiliates and
subsidiaries. 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.
If you wish to receive this information
electronically, please contact
Investor.Relations@aberdeenstandard.com
aberdeenacp.com
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SOURCE Aberdeen Income Credit Strategies Fund