abrdn Income Credit Strategies Fund to allow up to 5% investment in defaulted obligations starting Nov 10, 2025

abrdn Income Credit Strategies Fund

Board approved on Sept 9, 2025 to allow up to 5% of portfolio in defaulted credit obligations, effective Nov 10, 2025.
Previous policy prohibited any investment in defaulted obligations; new policy permits limited exposure.
Fund may also continue to invest in stressed or likely-to-default obligations without limit.
Change is non-fundamental and may be amended without shareholder vote with 60 days' notice.

item 8.01item 9.01

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