{"schema_version":"secwatch.filing_event.v1","accession":"0001410578-25-002043","form_type":"8-K","ticker":"ACP","cik":"0001503290","company_name":"abrdn Income Credit Strategies Fund","filed_at":"2025-09-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.151280+00:00","generated_at":"2026-05-17T06:52:23.857498+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"abrdn Income Credit Strategies Fund to allow up to 5% investment in defaulted obligations starting Nov 10, 2025","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001410578-25-002043","json":"https://secwatch.observer/filing/0001410578-25-002043.json","markdown":"https://secwatch.observer/filing/0001410578-25-002043.md","text":"https://secwatch.observer/filing/0001410578-25-002043.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1503290/000141057825002043/0001410578-25-002043-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1503290/000141057825002043/tm2521671d4_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:52:23.857498+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}