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SOURCE Aberdeen Income Credit Strategies Fund
PHILADELPHIA, May 9, 2018 /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 May 31, 2018 to all shareholders of record as of May 23, 2018.
In January 2019, 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 2018 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.
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 InvestorRelations@aberdeenstandard.com
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