Aberdeen Investments U.S. Closed-End Funds Distribution Payment Update
As announced on June 10, 2025, Aberdeen Investments has revealed details regarding the distribution payments for its U.S. Closed-End Funds. These funds, which include notable names such as abrdn Income Credit Strategies Fund (ACP), abrdn Emerging Markets ex-China Fund (AEF), and others listed under the NYSE and NYSE American, are slated to disperse funds per share to shareholders. The payment date is set for June 30, 2025, with a record date of June 23, 2025, which is also the ex-dividend date.
Here's a detailed breakdown of the funds and their respective payouts:
Ticker | Exchange | Fund Name | Distribution Amount |
---|
-- | -- | ---------- | -------- |
ACP | NYSE | abrdn Income Credit Strategies Fund | $0.0775 |
AEF | NYSE American | abrdn Emerging Markets ex-China Fund, Inc. | $0.1500 |
AGD | NYSE | abrdn Global Dynamic Dividend Fund | $0.1100 |
AOD | NYSE | abrdn Total Dynamic Dividend Fund | $0.0900 |
ASGI | NYSE | abrdn Global Infrastructure Income Fund | $0.2100 |
AWP | NYSE | abrdn Global Premier Properties Fund | $0.0400 |
FAX | NYSE American | abrdn Asia-Pacific Income Fund, Inc. | $0.1650 |
FCO | NYSE American | abrdn Global Income Fund, Inc. | $0.0700 |
THQ | NYSE | abrdn Healthcare Opportunities Fund | $0.1800 |
THW | NYSE | abrdn World Healthcare Fund | $0.1167 |
VFL | NYSE American | abrdn National Municipal Income Fund | $0.0500 |
Among these funds, FCO is currently trading at a premium relative to its net asset value (NAV), leading the Board of Directors to express concern that this situation may not be sustainable. Moreover, shareholders who utilize the Fund's dividend reinvestment plan must be aware that such reinvestments occur at a premium to NAV based on current market prices.
As a standard practice, a Form 1099-DIV will be issued to shareholders at the end of the calendar year, outlining the composition of each fund's distributions, as well as providing tax treatment specifics relevant to the previous year. It's important for shareholders to note that distribution policies can change at the discretion of each fund's Board of Directors or Trustees at any time, which means reliance solely on the distribution amounts for performance evaluation is discouraged.
Insight into Distribution Policies
Aberdeen's funds, including ASGI and THQ, provide a managed distribution policy aimed at delivering stable income to investors. This approach hinges not only on current income but is also supplemented by realized capital gains and, if necessary, paid-in capital following an exemptive order from the Securities and Exchange Commission.
Due to regulations under the Investment Company Act of 1940, shareholders will be informed about the estimated sources of distributions, which might include net investment income and realized gains. Current distribution amounts per share are influenced by various financial factors and can change as fiscal conditions evolve.
For instance, in the fiscal year to date, ASGI anticipates its distribution amounts to include:
- - Net Investment Income: $0.0252 (12%)
- - Net Realized Short-Term Gains: $0.0042 (2%)
- - Return of Capital: $0.0945 (45%)
Similarly, THQ's anticipated distribution composition further highlights the need for shareholders to remain informed about the intricate details accompanying these financial processes.
Conclusion
For anyone interested in investing with Aberdeen Investments, especially those involved in closed-end funds, understanding the distribution patterns and the policies that shape them is key. With current announcements reflecting significant distribution amounts, this creates an intriguing opportunity for current and prospective investors alike. As always, consulting with a financial advisor to comprehend the full implications of these distributions on personal investment strategies or tax situations is advisable.