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ACP / ACP: About To Get Larger Again (Rating Downgrade)

ACP: About To Get Larger Again (Rating Downgrade)
Abrdn Asset Management is acquiring several closed-end investment companies advised by First Trust Advisors, increasing its assets under management. The abrdn Income Credit Strategies Fund is set to acquire the First Trust High Income Long/Short Fund, with the merger subject to shareholder approval. The market currently values ACP more positively than FSD, with ACP trading at a -6% discount to NAV compared to FSD's -13% discount. Read More
Posted: Oct 24 2023, 22:29
Author Name: Seeking Alpha
Views: 092081

ACP News  

ACP: About To Get Larger Again (Rating Downgrade)

By Seeking Alpha
October 24, 2023

ACP: About To Get Larger Again (Rating Downgrade)

Abrdn Asset Management is acquiring several closed-end investment companies advised by First Trust Advisors, increasing its assets under management. T more_horizontal

ACP: Solid Foreign Exposure, And A Fully-Covered 17% Yield

By Seeking Alpha
September 6, 2023

ACP: Solid Foreign Exposure, And A Fully-Covered 17% Yield

The abrdn Income Credit Strategies Fund offers a high level of current income with a 17.14% distribution yield. The fund's net assets have been declin more_horizontal

ACP: International Exposure With A High Yield

By Seeking Alpha
June 29, 2023

ACP: International Exposure With A High Yield

Investors today are desperate for income due to the rapidly rising cost of living in most developed nations. abrdn Income Credit Strategies Fund inves more_horizontal

ACP.PA: This CEF Debt Slice Could Be Attractive At Yields In Excess Of 6.5%

By Seeking Alpha
June 21, 2023

ACP.PA: This CEF Debt Slice Could Be Attractive At Yields In Excess Of 6.5%

ACP.PA is a Series A preferred equity from the Abrdn Income Credit Strategies Fund. The CEF preferred equity represents a fixed term funding structure more_horizontal

ACP: Becoming Interesting Again

By Seeking Alpha
April 9, 2023

ACP: Becoming Interesting Again

ACP is a high yield CEF. The fund recently merged with IVH on a NAV for NAV basis. more_horizontal

IVH: Last 3 Days To Get A 6% Discount On ACP

By Seeking Alpha
March 8, 2023

IVH: Last 3 Days To Get A 6% Discount On ACP

IVH is set to be merged into ACP on March 10, 2023. Although it has narrowed, the two CEFs are still trading with a difference in discounts to net ass more_horizontal

ACP: Time To Take Some Profits On This 15% Yielding CEF

By Seeking Alpha
January 29, 2023

ACP: Time To Take Some Profits On This 15% Yielding CEF

Aberdeen Income Credit Strategies Fund is a fixed income closed-end fund. ACP is up an astounding 27% since October. more_horizontal

ACP: High Yield From International Sources

By Seeking Alpha
December 6, 2022

ACP: High Yield From International Sources

The ACP fund invests in senior high yield loans and bonds across various industries and geographies. The current distribution rate of $0.10 / month an more_horizontal


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