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PHILADELPHIA, Oct. 9, 2026 /PRNewswire/ -- The following abrdn U.S. Closed-End Funds (NYSE: ACP, AGD, AOD, AWP, FAX, MFM, MGF, MIN, MMT, THQ, THW) announced today that the closed-end funds in the chart directly below will pay the distributions indicated on a per-share basis on October 30, 2026, to all shareholders of record as of October 23, 2026 (ex-dividend date: October 23, 2026). Ticker Exchange Fund Amount ACP NYSE abrdn Income Credit Strategies Fund $ 0.0550 AGD NYSE abrdn Global Dynamic Dividend Fund $ 0.1200 AOD NYSE abrdn Total Dynamic Dividend Fund $ 0.1000 AWP NYSE abrdn Global Premier Properties Fund $ 0.1100 FAX NYSE American abrdn Asia-Pacific Income Fund, Inc. $ 0.1500 MFM NYSE Aberdeen Municipal Income Fund $ 0.0300 MGF NYSE Aberdeen Government Markets Income Fund $ 0.1000 MIN NYSE Aberdeen Intermediate Income Fund $ 0.1200 MMT NYSE Aberdeen Multi-Market Income Fund $ 0.0400 THQ NYSE abrdn Healthcare Opportunities Fund $ 0.1700 THW NYSE abrdn World Healthcare Fund $ 0.1100 At the end of each calendar year, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of each Fund's distributions and provide information with respect to their appropriate tax treatment for the prior calendar year.
abrdn Income Credit Strategies Fund cut its monthly distribution by 29%, from $0.0775 to $0.055 per share, and expects to keep the new rate for at least 12 months. Even after the cut, net investment income covers only about 68% of the distribution, up from 48% before. ACP's discount widened from -8.51% to -13.45% on the announcement before narrowing to -11.42%, with a 1-year z-score of -2.84.
The business combination implies a pro forma enterprise value of approximately $1.4 billion for May Mobility Fully committed private investment in public equity (PIPE) of $120 million, including leading institutional investors Commercially proven physical AI: more than 550,000 commercial autonomous rides across 1.1 million miles and three driver-out launches in the United States to date May Mobility's multi-policy reasoning architecture is designed to enable deployment in new cities without the millions of miles of training data conventional AV systems have required, lowering time to market and capital intensity May Mobility's asset-light Autonomy-as-a-Service model brings together leading partners from across the ride-hail and mobility value chain May Mobility's partnerships with Uber, Lyft, Grab and CaoCao position it as the only autonomous vehicle company partnered with four of the world's leading ride-hailing platforms Grab's partnership with and investment in May Mobility, announced in 2025, will support the company's continued expansion efforts ANN ARBOR, Mich., Sept. 16, 2026 /PRNewswire/ -- May Mobility, Inc. ("May Mobility"), a global autonomous vehicle (AV) technology company, and ACP Holdings Acquisition Corp. (Nasdaq: ACGC) ("ACP Holdings"), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive business combination agreement.
PHILADELPHIA, Sept. 11, 2026 /PRNewswire/ -- abrdn Income Credit Strategies Fund (NYSE: ACP) (the "Fund") announced today that it has reduced its monthly distribution from $0.0775 to $0.055 per common share, beginning with the distribution payable September 30, 2026, to shareholders of record on September 22, 2026 (ex-dividend date: September 22, 2026).
Abrdn Income Credit Strategies Fund remains a sell due to persistent earnings shortfalls and ongoing NAV erosion. ACP's 17.9% yield is unsustainable, with 42% of distributions funded by return of capital, signaling likely payout cuts ahead. The fund's high leverage (32.08%) and heavy exposure to below-investment-grade debt amplify downside risk in a challenging credit environment.
PHILADELPHIA, June 9, 2026 /PRNewswire/ -- The following abrdn U.S. Closed-End Funds (NYSE: ACP, AGD, AOD, ASGI, AWP, THQ, THW and NYSE American: AEF, FAX, VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on June 30, 2026 to all shareholders of record as of June 23, 2026 (ex-dividend date June 23, 2026). Please note that for the June 30, 2026 distribution for VFL, the distribution will be paid entirely in cash; no dividend reinvestment option will be available.
abrdn Income Credit Strategies Fund is a high-beta, global high-yield bond CEF with 30% leverage and significant non-U.S. exposure. ACP's 17% distribution rate is unsustainable, with only 49% supported by net investment income and 40% as return of capital. Credit spreads are historically tight, offering limited upside and heightened downside risk for ACP in the current macro environment.
Houston, TX, May 22, 2026 (GLOBE NEWSWIRE) -- ACP Holdings Acquisition Corp. (Nasdaq: ACGCU) (the “Company”) announced that holders of the units sold in the Company's initial public offering of 21,461,600 units, which includes 1,461,600 units issued pursuant to the partial exercise by the underwriter of its overallotment option, completed on April 8, 2026 (the “Offering”), may elect to separately trade the Class A ordinary shares and warrants included in the units commencing on or about May 28, 2026. Any units not separated will continue to trade on The Nasdaq Global Market under the symbol “ACGCU”, and each of the Class A ordinary shares and warrants will separately trade on The Nasdaq Global Market under the symbols “ACGC” and “ACGCW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their brokers contact Odyssey Stock Transfer & Trust Company, the Company's transfer agent, in order to separate the units into Class A ordinary shares and warrants.