UBS Group AG Amendment to Schedule 13G for abrdn Income Credit Strategies Fund

UBS Group AG filed an amendment to its Schedule 13G for abrdn Income Credit Strategies Fund, reporting a beneficial ownership of 649,851 Series A Perpetual Preferred Shares, representing 40.62% of the class. The filing indicates that UBS Group AG, along with its wholly owned subsidiaries UBS Financial Services Inc. and UBS Securities LLC, holds these shares. The amendment, which is the 12th amendment to the Schedule 13G, was filed on October 24, 2025. The shares are held in the ordinary course of business and not for the purpose of influencing the control of the issuer. The filing also notes a significant decrease in the value and number of shares held compared to previous filings, with a value change of -$3,895,554,368.98 and a shares change of -115,265,634.