PHILADELPHIA, March 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
March 26, 2018 to all shareholders of
record as of March 19,
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. Commencing
with this February 2018 distribution,
the record date and payable date for the Fund will
change. Each monthly distribution will be declared on the
seventh business day and will be payable on or around the last
business day of the month, with the exception of the December
distribution, which will be declared on the seventh business day of
December and will be payable in January.
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
aberdeenacp.com
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SOURCE Aberdeen Income Credit Strategies Fund