abrdn Global Dynamic Dividend - AGD STOCK NEWS

Delaware Investments Dividend and Income Fund, Inc. (NYSE: DDF) announced a final distribution of $0.202 per share, disbursed to shareholders of record as of February 24, 2023. This distribution is linked to the reorganization into abrdn Global Dynamic Dividend Fund (NYSE: AGD), which is expected to complete by March 10, 2023. The distribution comprises undistributed tax-exempt income and capital gains from operations. Key sources are net investment income (11.0%), short-term capital gain (2.2%), long-term capital gain (76.7%), and return of capital (10.1%).

abrdn U.S. Closed-End Funds announced the upcoming completion of reorganizations involving four closed-end investment companies advised by Delaware Management Company. Effective March 13, 2023, the IVH, DEX, DDF, and MGU funds will merge into the ACP, AGD, and ASGI funds. This consolidation aims to enhance economies of scale, liquidity, and marketability, ultimately benefiting shareholders by creating larger, more viable funds. Shareholders of the Acquired Funds will receive new shares of the Acquiring Funds post-reorganization.

Delaware Enhanced Global Dividend and Income Fund (DEX) held a Special Shareholder Meeting on December 12, 2022, where a majority approved the reorganization into abrdn Global Dynamic Dividend Fund (AGD). Of the 10,620,970 common shares, 51.97% voted, with 4,817,604 votes in favor. Additionally, DEX announced a self-tender offer for up to 30% of its shares, starting January 12, 2023, and expiring February 10, 2023, at 98% of the Fund's net asset value. This move aims to address trading at a discount to net asset value, enhancing shareholder value.

Special Opportunities Fund, Inc. (NYSE: SPE) announced a standstill agreement with Delaware Enhanced Global Dividend and Income Fund (NYSE: DEX) regarding DEX's proposed reorganization into abrdn Global Dynamic Dividend Fund (NYSE: AGD). The agreement includes a contingent tender offer for DEX to purchase up to 30% of its shares at 98% of the net asset value, pending shareholder approval. Chairman Phillip Goldstein believes this offer is beneficial for DEX shareholders and encourages their support for the reorganization.

abrdn Income Credit Strategies Fund (ACP) and abrdn Global Dynamic Dividend Fund (AGD) held special shareholder meetings on November 9, 2022, approving the issuance of additional shares for reorganizations with Delaware funds. ACP shareholders voted 11,420,419 to 1,829,195 in favor of merging with the Delaware Ivy High Income Opportunities Fund. AGD's votes were 6,515,118 to 594,880 for merging with Delaware Enhanced Global Dividend and Income Fund and Delaware Investments® Dividend and Income Fund. The reorganizations are expected to finalize in Q1 2023, pending customary conditions.

Aberdeen Global Dynamic Dividend Fund (NYSE: AGD) has announced a distribution of $0.065 per share, set for April 30, 2021. Shareholders of record by April 23, 2021 will be eligible, with the ex-dividend date on April 22, 2021. A Form 1099-DIV will be issued in January 2022 detailing the tax treatment of this distribution for 2021. Investors should be aware that the fund's market value may fluctuate, and past performance does not guarantee future results.

Aberdeen Global Dynamic Dividend Fund (NYSE: AGD) announced a monthly distribution of $0.065 per share, scheduled for payment on March 31, 2021. Shareholders of record by March 24, 2021 will receive this distribution, with an ex-dividend date on March 23, 2021. A Form 1099-DIV will be sent in January 2022 detailing the amount and composition of the distributions for tax purposes. It's important to note that the fund's distribution amount does not reflect its investment performance.

Aberdeen Global Dynamic Dividend Fund (NYSE: AGD) has announced a monthly distribution of $0.065 per share, payable on February 26, 2021. Shareholders of record as of February 19, 2021 will receive this distribution, with the ex-dividend date set for February 18, 2021. A Form 1099-DIV detailing the distribution amounts and tax implications will be sent to shareholders in January 2022. Investors are cautioned that past performance does not guarantee future results and that share values may fluctuate.

The Aberdeen Global Dynamic Dividend Fund (NYSE: AGD) has announced a monthly distribution of $0.065 per share, scheduled for payment on January 29, 2021. Shareholders of record as of January 22, 2021 will receive this dividend, with the ex-dividend date set for January 21, 2021. A Form 1099-DIV will be issued in January 2022 to detail the amount and tax implications of the distributions for the 2021 calendar year. Investors should be aware that the Fund's performance may fluctuate and there is no guarantee of achieving investment objectives.