PHILADELPHIA, May 10, 2019 /PRNewswire/ -- Aberdeen Income Credit Strategies Fund (the "Fund") (NYSE: ACP) held its Annual Meeting of Shareholders (the "Meeting") on May 10, 2019. At the Meeting, shareholders of the Fund voted to re-elect one Class II Trustee to the Board of Trustees.
As of the record date, March 29, 2019, the Fund had outstanding 13,074,072 shares of common stock. 95.45% 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 one Class II Trustee to the Board of Trustees:
Nancy Yao Maasbach
Trustees whose term of office continued beyond the Meeting are as follows: P. Gerald Malone, John Sievwright and Randolph Takian.
Aberdeen Standard Investments is a brand of the investment businesses of Standard Life Aberdeen plc, its affiliates and subsidiaries. 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
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