ACP-P-A: abrdn Income Credit Strategies Fund 5.25% Series A Preferred Stock
abrdn Income Credit Strategies Fund's ACP-P-A is an exchange-traded preferred stock in the Closed-End Fund sector.
At a recent price of $19.59, ACP-P-A yields 6.70% on its $25 liquidation preference and 5.25% coupon.
It trades at a discount of 21.6% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2026-06-30.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.