on Abrdn U.S. Closed-End Funds (NASDAQ:ACP)
Abrdn Total Dynamic Dividend Fund (AOD) Update on Asset Acquisition from FGB
The Board of Trustees of abrdn Total Dynamic Dividend Fund (NYSE:AOD) announced that shareholders of First Trust Specialty Finance and Financial Opportunities Fund (NYSE:FGB) did not reach a 1940 Act quorum. The adjourned special meeting on August 29, 2024, thus failed to pass the proposed reorganization.
In the United States, abrdn is the marketing name for several affiliated investment advisers, including abrdn Inc., abrdn Investments Limited, and abrdn Asia Limited. This press release is informational and does not constitute an offer to sell or solicit in connection with the proposed transaction.
Closed-end funds trade on stock exchanges. Investment returns and principal values fluctuate, meaning shares may be worth more or less than their cost. Shares can trade at a premium or discount to the net asset value. There is no assurance of meeting investment objectives. Past performance is no guarantee of future results.
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