Abrdn U.S. Closed-End Funds Announce April Distribution Payments

PHILADELPHIA, PA - abrdn U.S. Closed-End Funds disclosed distribution payments for several funds, as per details shared in a recent announcement. The funds, listed on NYSE and NYSE American, include ACP, AGD, AOD, ASGI, AWP, THQ, THW, AEF, FAX, FCO, and VFL. The distributions per share are scheduled for payment on April 30, 2024, to shareholders of record as of April 23, 2024, with the ex-dividend date set for April 22, 2024.

The disclosed distribution amounts range from $0.0275 for the Abrdn Asia-Pacific Income Fund, Inc. up to $0.1800 for the abrdn Healthcare Opportunities Fund. Each fund's distribution policy aims to provide investors with stable disbursements from current income, capital gains, and, when necessary, paid-in capital, under the purview of an SEC exemptive order.

Important to note, the declared distributions and their sources, estimated under generally accepted accounting principles, include net investment income, short- and long-term capital gains, and return of capital. For some funds, a significant portion of the distribution is categorized as return of capital. The final composition of each fund's distributions for tax purposes will be determined at the fiscal year's end and may differ from these estimates.

Additionally, performance data revealed show varied annual total return rates and distribution rates on NAV, reflecting the funds' investment results independently of distribution policies. Shareholders are cautioned against equating distribution amounts with fund performance.