The abrdn Global Infrastructure Income Fund and the abrdn Income Credit Strategies Fund Announce September Distributions

Philadelphia, PA / ACCESSWIRE / September 10, 2024

Overview

The abrdn Global Infrastructure Income Fund (NYSE:ASGI) and the abrdn Income Credit Strategies Fund (NYSE:ACP) have announced their distributions for September 2024. Each closed-end fund will pay distributions on a per share basis on September 30, 2024, to shareholders of record as of September 20, 2024. Shareholders of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE: MFD) and First Trust/abrdn Global Opportunity Income Fund (NYSE: FAM) will not receive this September distribution as they will not be shareholders of record of ASGI or ACP until September 23, 2024.

Effect on Individuals

For individual investors holding shares in ASGI or ACP, the September distributions will provide a source of income. These distributions can be reinvested or used as cash flow, depending on the investor’s financial goals and risk tolerance.

Effect on the World

The distributions from ASGI and ACP can have broader implications for the world economy. Infrastructure investments can stimulate economic growth and create jobs, while income credit strategies can provide vital capital for businesses to expand and innovate. Ultimately, these funds play a role in supporting financial markets and driving overall economic prosperity.

Conclusion

The September distributions from the abrdn Global Infrastructure Income Fund and the abrdn Income Credit Strategies Fund offer investors a valuable opportunity for income generation. As these funds continue to contribute to the economy and financial markets, their impact will be felt by both individual shareholders and the global community at large.