abrdn Asia-Pacific Income Fund VCC announced that it will pay a monthly distribution of 1.75 Canadian cents per share commencing with the distribution to be declared in February 2023, representing a reduction in distribution from the current rate of 2.25 Canadian cents per share per month. The Company intends to maintain this distribution level for at least the next 12 months unless there are significant and unforeseen changes in market conditions or an economic shock. The reduced distribution rate, as of January 13, 2023, equates to a distribution rate of approximately 6.7% on NAV, or 7.9% on market prices.