abrdn U.S. Closed-End Funds declare July 31 distributions with detailed payout and tax info.

Abrdn Income Credit Strategies Fund flagged as sell due to unsustainable yields and NAV erosion risks.

The Abrdn Income Credit Strategies Fund (ACP) is recommended as a sell because it faces ongoing earnings shortfalls and net asset value (NAV) erosion. Its high 17.9% yield is unsustainable, with 42% of distributions funded by return of capital, indic...