06.05.2020 23:50:00

Aberdeen Income Credit Strategies Fund Announces Results Of Annual Meeting Of Shareholders

PHILADELPHIA, May 6, 2020 /PRNewswire/ -- Aberdeen Income Credit Strategies Fund (the "Fund") (NYSE: ACP) held its Annual Meeting of Shareholders (the "Meeting") on May 6, 2020.  At the Meeting, shareholders of the Fund voted to re-elect two Class III Trustees to the Board of Trustees

Aberdeen Asset Management Inc. At Aberdeen, asset management is our business. We only manage assets for clients, allowing us to focus solely on their needs and deliver independent, objective investment advice. We know global markets from the local level upwards, drawing on more than 1,900 staff, across 32 offices in 23 countries. Investment teams are based in the markets or regions where they invest, delivering local perspective in a global investment environment. (PRNewsFoto/Aberdeen Asset Management Inc.)

As of the record date, March 5, 2020, the Fund had outstanding 17,432,096 shares of common stock. 87.25% of outstanding common stock were voted representing a quorum.

The description of the proposal and number of shares voted at the Meeting are as follows:

To elect two Class III Trustees to the Board of Trustees:


Votes For

Votes Withheld

P. Gerald Malone

14,283,710

925,933

Randolph Takian

14,302,410

907,233

Trustees whose term of office continued beyond the Meeting are as follows: Nancy Maasbach and John Sievwright.

In the United States, Aberdeen Standard Investments is the marketing name for the following affiliated, registered investment advisers: Aberdeen Standard Investments Inc., Aberdeen Asset Managers Ltd., Aberdeen Standard Investments Australia Ltd., Aberdeen Standard Investments (Asia) Ltd., Aberdeen Capital Management, LLC, Aberdeen Standard Investments ETFs Advisors LLC and Standard Life Investments (Corporate Funds) Ltd.

Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that the Fund will achieve its investment objective.

If you wish to receive this information electronically, please contact Investor.Relations@aberdeenstandard.com

aberdeenacp.com

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SOURCE Aberdeen Income Credit Strategies Fund

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