abrdn National Municipal Income Fund Announces Final Cash Distribution Before Reorganization

Announcement of Final Cash Distribution for abrdn National Municipal Income Fund (VFL)

The abrdn National Municipal Income Fund, traded under the ticker symbol VFL on the NYSE Amex, has recently made significant announcements concerning a special distribution payment slated to occur on July 7, 2026. This payment marks the fund's final cash distribution prior to its upcoming reorganization into the Aberdeen Municipal Income Fund (MFM).

The stated distribution amount is set at $0.024 per share and will come exclusively from net investment income. Shareholders should note that this distribution will be processed entirely in cash, and unfortunately, there will be no dividend reinvestment option available for recipients.

Key Dates for Shareholders

- Distribution Amount: $0.024 per share
- Record Date: June 29, 2026
- Ex-Date: June 29, 2026
- Payment Date: July 7, 2026

As indicated, this will be the last distribution shareholders will receive under the VFL designation. Following the reorganization, shareholders who are recognized as recorded on July 10, 2026, will be transitioned to receive shares of the newly formed MFM, ensuring that their aggregate net asset value remains equal to their current holdings in VFL. Effective July 13, 2026, shareholders will officially become stakeholders in the MFM.

The forthcoming shift anticipates that these changes in the fund will contribute to a steady and sustainable cash distribution for shareholders. The aim is to mitigate the current discount to net asset value (NAV) that has been witnessed; however, investors are cautioned that no guarantees can be made regarding the fund's performance or its ability to meet these projected financial outcomes.

Shareholders can expect to receive a Form 1099-DIV at the end of each calendar year, detailing the amounts of the distributions and offering insights into their tax implications for the previous year.

In light of these developments, it is important for shareholders to manage expectations regarding how these distributions may reflect the fund's investment performance and to avoid making assumptions based on these cash payouts alone.

About abrdn Investments

Aberdeen's investment management division, known as abrdn Investments Global, stands among the most significant asset managers globally, with a well-established history that reflects decades of expertise in managing closed-end funds since the 1980s. Currently, as of March 31, 2026, Aberdeen has approximately $506 billion in assets under management, consisting of a diverse portfolio that includes 27 closed-end funds valued at approximately $25.6 billion.

As the intricacies of financial markets evolve, so do the strategies employed by the abrdn National Municipal Income Fund, and the highlighted distribution signifies a crucial phase in its operational trajectory which shareholders should monitor closely as the reorganization approaches.

Stay tuned for additional pricing and transaction details, which will be disclosed on the Aberdeen Municipal Income Fund's dedicated website shortly.