Abrdn U.S. Closed-End Funds Release Distribution Payments

On January 10, 2025, abrdn U.S. Closed-End Funds announced the payment of distributions for several of its funds. These payments, scheduled for eligible shareholders as of December 30, 2024, or November 21, 2024, vary across funds. Notably, abrdn Global Infrastructure Income Fund (ASGI) declared a $0.20 per share distribution, while The India Fund, Inc. (IFN) announced a $0.93 per share distribution.

Several funds provided the option to receive distributions in the form of newly issued shares, with reinvestment prices set at NAV or market price, including abrdn Healthcare Investors (HQH) and abrdn Life Sciences Investors (HQL). Distributions reflect a mix of returns from income, realized capital gains, and capital return.

Tax implications of these distributions remain estimative until year-end, with final details to be provided in Form 1099-DIV. The funds’ performance varied, with ASGI and THQ showing negative cumulative returns over fiscal periods.