Philadelphia, June 7, 2021 / PRNewswire /-Board of Directors Aberdeen Income Credit Strategies FundDeclared cash distribution of $ 0.18229 5.250% of the Fund Series A Permanent Preferred Stock (NYSE: ACP PRA) (“Series A Preferred Stock”). The distribution is June 30, 2021 To holders of Series A preferred stock recorded in June 18, 2021It is the installment payment period calculated from the issue date. May 10, 2021..
Series A preferred stock is the symbol “ACP PRA, Moody’s Investors Service rated it as “A2” with an annual dividend rate $ 1.3125 Per share. Series A Preferred Stock was issued on the following date: May 10, 2021 so $ 25.00 Dividend per share and quarterly dividend.
Dividends may be paid from sources other than normal income, such as net short-term capital gains, net long-term capital gains, and capital returns. The actual amount and source of the amount for tax reporting purposes depends on the fund’s investment experience for the rest of the fiscal year and is subject to change under the tax system.To January 2022, Form 1099-DIV will be submitted to shareholders, stating the amount and composition of dividends and providing information on proper tax treatment for the 2021 calendar year.
No conclusion should be drawn about the investment performance of the fund from this distribution amount.
To USA, Aberdeen Standard Investments is the marketing name for the following affiliated registered investment advisors: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 stock exchanges. As the return on investment and principal value of a fund fluctuate, the value of an investor’s stock may be higher or lower than the initial cost. Stocks in a closed-end fund may be traded above (premium) or below (discount) the net asset value (NAV) of the fund’s portfolio. There is no guarantee that the fund will achieve its investment objectives.
If you want to receive this information electronically, Investor.Relations@aberdeenstandard.com
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Source Aberdeen Income Credit Strategy’s Fund
Aberdeen Income Credit Strategy’s Fund Declares Quarterly Dividend on 5.25% Series A Permanent Preferred Stock | Business Wire Around the Web-Pennsylvania
Source link Aberdeen Income Credit Strategy’s Fund Declares Quarterly Dividend on 5.25% Series A Permanent Preferred Stock | Business Wire Around the Web-Pennsylvania