Final Cash Distribution Details Announced by ABRDN Japan Equity Fund, Inc. for Shareholders
Final Cash Distribution Details from ABRDN Japan Equity Fund, Inc.
On September 19, 2025, ABRDN Japan Equity Fund, Inc. (NYSE: JEQ) announced important details regarding its final cash distribution for shareholders. The fund will pay out $0.6944 per share on October 7, 2025. This is significant as it signals the last distribution stemming from long-term realized gains and net investment income.
Key Details
The distribution will be executed entirely in cash, and shareholders will not have an option for dividend reinvestment. Here are some essential dates to keep in mind:
- - Record Date: September 29, 2025
- - Ex-Date: September 29, 2025
- - Payment Date: October 7, 2025
This cash distribution marks the final allocation before the fund undergoes reorganization into the ABRDN Global Infrastructure Income Fund (NYSE: ASGI). Shareholders holding JEQ shares as of market close on October 10, 2025, will automatically be transitioned into the new structure and receive newly issued shares of ASGI. The value of these shares will correspond to the aggregate net asset value of their JEQ shares.
Shareholder Information
At the conclusion of each calendar year, the fund will issue a Form 1099-DIV to its shareholders. This document will reflect the total amount and composition of distributions made during the previous year, along with pertinent information on how these distributions are to be treated for tax purposes.
According to U.S. tax regulations, the definitive amount and character of distributable income can only be determined at the end of the fund's fiscal year. Under Section 19 of the Investment Company Act of 1940, the fund may be required to specify the estimated sources of certain distributions, a requirement designed to provide transparency.
Breakdown of Distribution Sources
Here’s an estimated overview of the funds' sources for the current distributions:
| Fund | Distribution Amount | Net Investment Income | Net Realized Short-Term Gains | Net Realized Long-Term Gains | Return of Capital |
|---|---|---|---|---|---|
| -- | --- | ----- | ----- | ------ | ----- |
| JEQ | $0.6944 | $0.2752 (40%) | - | - | $0.4192 (60%) |
For cumulative distributions during the fiscal year, here's the overview:
| Fund | Cumulative Distribution Amount | Net Investment Income | Net Realized Short-Term Gains | Net Realized Long-Term Gains | Return of Capital |
|---|---|---|---|---|---|
| -- | ----- | ----- | ----- | ------ | ----- |
| JEQ | $0.9244 | $0.5052 (55%) | - | - | $0.4192 (45%) |
Please note that the projected sources and amounts shared in this announcement are estimates and not for tax reporting purposes. The actual metrics will depend on the fund’s performance for the rest of the fiscal year and may change as necessary based on tax laws.
Historical Performance and Distribution Rates
The fund's performance as measured by net asset value (NAV) reflects the following:
- - Average Annual Total Return (5-Year Period Ending August 31, 2025): 5.49%
- - Annualized Distribution Rate for Current Fiscal Period: 2.79%
- - Cumulative Total Return on NAV: 22.96%
While distribution performance is vital, it is essential for shareholders to recognize that the fund's market price may vary based on supply and demand. The fluctuation in market pricing can also affect the overall value of shareholders' investments in the fund.
Conclusion
As the ABRDN Japan Equity Fund, Inc. prepares for its transition to ASGI, shareholders are advised to review these details and consult with tax professionals regarding the potential implications of these distributions. This transition period presents an opportunity for investors as they navigate the shift to a new investment structure while managing their financial expectations accordingly.
Topics Financial Services & Investing）
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