DEFA14A 1 a20-15934_1defa14a.htm DEFA14A

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 14A

 

SCHEDULE 14A INFORMATION

 

Proxy Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934 (Amendment No.     )

 

Filed by the Registrant  x

 

Filed by a Party other than the Registrant  o

 

Check the appropriate box:

o

Preliminary Proxy Statement

o

Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

o

Definitive Proxy Statement

o

Definitive Additional Materials

x

Soliciting Material under §240.14a-12

 

Aberdeen Income Credit Strategies Fund

(Name of Registrant as Specified In Its Charter)

 

 

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

 

Payment of Filing Fee (Check the appropriate box):

x

No fee required.

o

Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

 

(1)

Title of each class of securities to which transaction applies:

 

 

 

 

(2)

Aggregate number of securities to which transaction applies:

 

 

 

 

(3)

Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):

 

 

 

 

(4)

Proposed maximum aggregate value of transaction:

 

 

 

 

(5)

Total fee paid:

 

 

 

o

Fee paid previously with preliminary materials.

o

Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

 

(1)

Amount Previously Paid:

 

 

 

 

(2)

Form, Schedule or Registration Statement No.:

 

 

 

 

(3)

Filing Party:

 

 

 

 

(4)

Date Filed:

 

 

 

 

 

 

ABERDEEN INCOME CREDIT STRATEGIES FUND

 

NOTICE OF CHANGE OF DATE, TIME AND LOCATION AND ADDITIONAL INFORMATION REGARDING THE

2020 ANNUAL MEETING OF SHAREHOLDERS

 

The following Notice of Change of Date, Time and Location relates to the proxy statement (the “Proxy Statement”) of Aberdeen Income Credit Strategies Fund (the “Fund”) dated March 9, 2020, furnished to shareholders of the Fund in connection with the solicitation of proxies by the Board of Trustees of the Fund for use at the Fund’s Annual Meeting of Shareholders (the “Annual Meeting”) that was originally scheduled to be held on April 24, 2020. This Notice is being filed with the Securities and Exchange Commission to provide notice of a change of date, time and location of the Annual Meeting and is being made available to shareholders on or about April 15, 2020.

 

THE NOTICE SHOULD BE READ IN CONJUNCTION WITH THE PROXY STATEMENT

 

NOTICE OF CHANGE OF DATE, TIME AND LOCATION OF THE

2020 ANNUAL MEETING OF SHAREHOLDERS

 

TO THE SHAREHOLDERS:

 

Due to the public health impact of the coronavirus pandemic (COVID-19) and to support the health and well-being of our shareholders and the Fund’s officers and staff, NOTICE IS HEREBY GIVEN that the date, time and location of the 2020 Annual Meeting of the Aberdeen Income Credit Strategies Fund (the “Fund”) have been changed. The Annual Meeting will be held on the following date and at the following time:

 

Aberdeen Income Credit Strategies Fund (NYSE:ACP)

May 6, 2020

11:30 a.m. eastern time

 

In light of public health concerns regarding COVID-19, the Annual Meeting will be held in a virtual meeting format only. You will not be able to attend the Annual Meeting in person.

 

Attending the Virtual Annual Meeting as a Shareholder of Record

 

As described in the proxy materials for the Annual Meeting previously distributed, any shareholder of record of the Fund as of March 5, 2020 is entitled to notice of, and to vote at, the Annual Meeting or any postponement or adjournment thereof. To participate in the Fund’s Annual Meeting at www.meetingcenter.io/262574747 you must enter the control number found on your proxy card, voting instruction form or notice you previously received and the password (ABD12020). You may vote during the Annual Meeting by following the instructions available on the meeting website during the Annual Meeting.

 

Registering to Attend the Virtual Annual Meeting as a Beneficial Owner

 

If you hold your shares through an intermediary, such as a bank or broker, you must register in advance to attend the Annual Meeting. To register you must submit proof of your proxy power (legal proxy) reflecting your Fund holdings along with your name and email address to Computershare Fund Services, the Fund’s proxy tabulator. You may forward an email from your intermediary or attach an image of your legal proxy to legalproxy@computershare.com. Requests for registration for the Annual Meeting must be received no later than 5:00 p.m., Eastern Time, on May 1, 2020. You will receive a confirmation email from Computershare of your registration and a control number that will allow you to vote at the Annual Meeting.

 

 

Voting Shares

 

Whether or not you plan to attend the Annual Meeting, we urge you to vote and submit your proxy in advance of the meeting by one of the methods described in the proxy materials for the Annual Meeting. The proxy card included with the proxy materials previously distributed will not be updated to reflect the change in location and may continue to be used to vote your shares in connection with the Annual Meeting.

 

 

By order of the Board of Trustees,

 

 

 

/s/ Megan Kennedy

 

Megan Kennedy, Vice President and Secretary

 

Aberdeen Income Credit Strategies Fund

 

April 15, 2020

Philadelphia,

Pennsylvania

 

*         *         *         *         *

 

 

 

For More Information Contact:

Aberdeen Standard Investments Inc.

Investor Relations

800-522-5465

Investor.Relations@aberdeenstandard.com

 

ABERDEEN ASIA-PACIFIC INCOME FUND, INC., ABERDEEN GLOBAL INCOME FUND, INC.,

ABERDEEN AUSTRALIA EQUITY FUND, INC. AND

ABERDEEN INCOME CREDIT STRATEGIES FUND ANNOUNCE

CHANGE OF DATE, TIME AND LOCATION OF 2020 SHAREHOLDER MEETINGS

 

Philadelphia, April 15, 2020 — Aberdeen Asia-Pacific Income Fund, Inc. (“FAX”), Aberdeen Global Income Fund, Inc., Aberdeen Australia Equity Fund, Inc. and Aberdeen Income Credit Strategies Fund announced today the postponement of the 2020 annual meetings of shareholders (the “Annual Meetings”) and the special meeting of shareholders of FAX (the “Special Meeting”, and together with the Annual Meetings, the “Shareholder Meetings”), which were each originally scheduled to be held on Friday, April 24, 2020.

 

Due to the public health impact of the coronavirus pandemic (COVID-19) and to support the health and well-being of our shareholders and the Funds’ officers and staff, the date, time and location of the 2020 Annual Meetings of shareholders of the each of the Funds and the Special Meeting for FAX have been changed. The Shareholder Meetings will be held on the following dates and at the following times:

 

 

Fund Name

 

Meeting
Type

 

Ticker

 

New
Meeting
Date

 

New Meeting Time

Aberdeen Asia-Pacific Income Fund, Inc.

 

Annual

 

NYSE: FAX

 

May 6, 2020

 

10:00 a.m. eastern time

Aberdeen Global Income Fund, Inc.

 

Annual

 

NYSE: FCO

 

May 6, 2020

 

10:30 a.m. eastern time

Aberdeen Australia Equity Fund, Inc.

 

Annual

 

NYSE: IAF

 

May 6, 2020

 

11:00 a.m. eastern time

Aberdeen Income Credit Strategies Fund

 

Annual

 

NYSE: ACP

 

May 6, 2020

 

11:30 a.m. eastern time

Aberdeen Asia-Pacific Income Fund, Inc.

 

Special

 

NYSE: FAX

 

May 27, 2020

 

11:30 a.m. eastern time

 

In light of public health concerns regarding COVID-19, the Shareholder Meetings will be held in a virtual meeting format only. You will not be able to attend the Shareholder Meetings in person.

 

Attending the Virtual Shareholder Meetings as a Shareholder of Record

 

As described in the proxy materials for the Shareholder Meetings previously distributed, any shareholder of record of a Fund as of March 5, 2020 is entitled to notice of, and to vote at, the respective Shareholder Meeting or any postponements or adjournments thereof. Details of how to attend the Shareholder Meetings are being provided in a revised shareholder notice and will be distributed to financial intermediaries. To participate in the Shareholder Meetings you will need the control number found on your proxy card, voting instruction form or notice you previously received.

 

Registering to Attend the Virtual Shareholder Meetings as a Beneficial Owner

 

If you hold your shares through an intermediary, such as a bank or broker, you must register in advance to attend the Shareholder Meetings. To register you must submit proof of your proxy power (legal proxy) reflecting your Fund holdings along with your name and email address to Computershare Fund Services, each Fund’s proxy tabulator. You may forward an email from your intermediary or attach an image of your legal proxy to legalproxy@computershare.com. Requests for registration for the Annual Meetings must be received no later than 5:00 p.m., Eastern Time, on May 1, 2020 and for the FAX Special Meeting, no later than 5:00 p.m., Eastern Time, on May 22, 2020. You will receive a confirmation email from Computershare of your registration and a control number that will allow you to vote at the Shareholder Meetings.

 

Voting Shares

 

Whether or not you plan to attend a Shareholder Meeting, we urge you to vote and submit your proxy in advance of the meetings by one of the methods described in the proxy materials for the Shareholder Meetings. The proxy card included with the proxy materials previously distributed will not be updated to reflect the change in location and may continue to be used to vote your shares in connection with the Shareholder Meetings.

 

 

Important Information

 

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 Funds’ investment returns and principal values 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 each Fund will achieve its investment objective.

 

If you wish to receive this information electronically, please contact: Investor.Relations@aberdeenstandard.com

 

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