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Stock impact report

abrdn Income Credit And Its A2-Rated Preferred Stock - Close To 6.5% For Your IRA [Seeking Alpha]

Aberdeen Income Credit Strategies Fund Common Shares (ACP) 
US:NYSE Investor Relations: aberdeenacp.com
Company Research Source: Seeking Alpha
ACP.PR.A boasts a Moody's A2 rating, regulatory protections, and a sector-leading current yield of approximately 6.56%. The fund maintains robust asset coverage even under stress scenarios, supported by the 1940 Act's leverage restrictions. Despite higher expenses and leverage, ACP.PR.A stands out as one of the safest CEF preferreds for yield-focused investors. This idea was discussed in more depth with members of my private investing community, Trade With Beta. Learn More » Gary Yeowell/DigitalVision via Getty Images We continue our series with the safest preferred stocks. Our choice today is abrdn Income Credit Strategies Fund ( ACP ), its preferred stock ( ACP.PR.A ), and the security and opportunities it provides to us. ACP highlights Total Net Assets: close to $719.3 million More on my IG service Trade With Beta At Trade With Beta, we discuss ideas like this as they happen in more detail. All active investors are welcome to join on a free trial and ask any Show less Read more
Impact Snapshot
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