haydenbird The abrdn Income Credit Strategies Fund ( NYSE: ACP ) is a closed-end fund that income-seeking investors can employ as a method of achieving their goals. This fund has something of a mixed reputation among investors as it has one of the highest yields currently available from any fixed-income fund, and this has led numerous investors to speculate about how sustainable its distribution is likely to be. We can see this situation very clearly by comparing this fund's current 18.
10% yield with that of peers: Fund Name CEF Connect Classification Current Yield abrdn Income Credit Strategies Fund Fixed Income-Taxable-Senior Loans 18.10% Apollo Senior Floating Rate Fund ( AFT ) Fixed Income-Taxable-Senior Loans 11.53% BlackRock Debt Strategies Fund ( DSU ) Fixed Income-Taxable-Senior Loans 10.
84% Carlyle Credit Income Fund ( CCIF ) Fixed Income-Taxable-Senior Loans 15.46% Eaton Vance Floating-Rate Income Trust ( EFT ) Fixed Income-Taxable-Senior Loans 10.64% First Trust Senior Floating Rate Income Fund II ( FCT ) Fixed Income-Taxable-Senior Loans 11.
20% Click to enlarge As we can clearly see, none of the fund's peers comes anywhere close to matching its current yield. In fact, the second highest-yielding fund shown here, the Carlyle Credit Income Fund, has a yield that is 264 basis points below the abrdn Income Credit Strategies Fund. For its part, the Carlyle Credit Income Fund has a yield that is several percentage points above the majority of the rest of the sector.
As .