Abrdn Income Credit Strategies Fund (ACP) Stock Analysis
Financial Services · Asset Management · NYSE
Abrdn Income Credit Strategies Fund (ACP) posted $42.46M in revenue for fiscal 2025 (down 46.5% year over year), at a 95.5% net margin, per its SEC filings.
Data last refreshed September 3, 2026 from SEC filings · how we compute this
The analyst's take on Abrdn Income Credit Strategies Fund
Abrdn Income Credit Strategies Fund has grown revenue from $-59.00M to $42.46M over the last 4 fiscal years. The most recent year was down 46.5%.
Net margin sits at 95.5%, down 2.7 points year over year. It returns cash through a dividend yielding about 17.65%.
It clears 3 of 3 deterministic health checks. The one thing worth a second look in the filings is receivables growing faster than sales.
Synthesised from Abrdn Income Credit Strategies Fund's SEC filings — descriptive, not advice. Ask the analyst your own question →
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Abrdn Income Credit Strategies Fund revenue & earnings — last 4 fiscal years
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $-59.00M | $31.54M | $79.30M | $42.46M |
| Gross profit | — | — | — | — |
| Net income | $-59.72M | $30.27M | $77.91M | $40.56M |
| Net margin | 101.2% | 96.0% | 98.2% | 95.5% |
Source: Abrdn Income Credit Strategies Fund SEC filings (10-K).
Abrdn Income Credit Strategies Fund financial health: 3 of 3 checks passed
- ✓Net margin above 10% (95.5%)
- ✓More cash than total debt (cash 0.7M vs debt 0M)
- ✓Pays a dividend (4 consecutive yrs in our data)
Checks computed deterministically from filed annual statements — no AI judgement.
Abrdn Income Credit Strategies Fund: 2 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Receivables growing faster than salesAccounts receivable rose 34.6% while revenue rose -46.5% in the latest year — a gap that can signal looser credit terms or pulled-forward sales. Worth checking days-sales-outstanding.
- Reported earnings run ahead of cashOver 3 years net income totalled $148.7M but operating cash flow only $17.3M — earnings aren't fully backed by cash, an accruals flag worth investigating.
Explore 4 years of Abrdn Income Credit Strategies Fund financials — interactive
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Abrdn Income Credit Strategies Fund financial history
About Abrdn Income Credit Strategies Fund
Abrdn Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited. It is co-managed by Aberdeen Standard Investments Inc. The fund invests in fixed income markets across the globe. It seeks to invest primarily in loan and debt instruments. Abrdn Income Credit Strategies Fund was formed on October 12, 2010 and is domiciled in the United States.
Abrdn Income Credit Strategies Fund — frequently asked questions
What is Abrdn Income Credit Strategies Fund's revenue?
Abrdn Income Credit Strategies Fund (ACP) reported revenue of $42.46M for fiscal year 2025, down 46.5% from the prior year, according to its SEC filings.
Is Abrdn Income Credit Strategies Fund profitable?
Yes. ACP earned net income of $40.56M in fiscal 2025, a net margin of 95.5%.
What is ACP's P/E ratio?
Abrdn Income Credit Strategies Fund trades at a price-to-earnings ratio of about 16.0 based on the latest data in our nightly-refreshed cache.
Does Abrdn Income Credit Strategies Fund pay a dividend?
Yes, ACP pays a dividend — the yield is about 17.65%.
What is Abrdn Income Credit Strategies Fund's market cap?
Abrdn Income Credit Strategies Fund (ACP) has a market capitalization of about $660.60M, based on the latest data in our nightly-refreshed cache.
When does Abrdn Income Credit Strategies Fund's fiscal year end?
ACP's fiscal year ends in October. Its most recent annual filing covers the fiscal year ending 2025-10-31.
Where does this data come from?
All figures are computed from Abrdn Income Credit Strategies Fund's official SEC filings (10-K and 10-Q), covering 4 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.