abrdn Global Infrastructure Income Fund Stock Price, News & Analysis

Aberdeen Investments has announced distribution payments for two of its U.S. Closed-End Funds. The abrdn Global Infrastructure Income Fund (ASGI) paid $0.2000 per share, while the abrdn Healthcare Opportunities Fund (THQ) distributed $0.1800 per share on April 30, 2025.

For ASGI, the current distribution comprises 9% from net investment income, 1% from short-term gains, 55% from long-term gains, and 35% return of capital. THQ's distribution includes 19% from short-term gains and 81% return of capital.

Performance metrics show ASGI delivered an 8.68% average annual total return on NAV over the past 5 years since its inception in July 2020, with an 11.63% annualized distribution rate. THQ posted an 11.08% 5-year average annual return with a 10.66% annualized distribution rate, though it reported a -6.41% cumulative total return on NAV.

abrdn Japan Equity Fund (NYSE:JEQ) has announced a significant corporate restructuring, including a proposed merger into abrdn Global Infrastructure Income Fund (NYSE:ASGI) and a conditional tender offer. The Boards of both funds have approved the merger, which requires JEQ shareholder approval.

Key details of the reorganization include:

• JEQ shareholders of record on March 14, 2025, will vote on the merger at a special meeting scheduled for June 13, 2025
• The merger is intended to be tax-free for U.S. federal income tax purposes
• ASGI's current objectives and policies will remain unchanged

Additionally, contingent upon merger approval, JEQ will conduct a cash tender offer to purchase up to 50% of outstanding shares at 98% of NAV. The Fund is suspending its managed distribution policy after March 31, 2025, to avoid disrupting the tender offer timing. The reorganization is expected to complete in Q3 2025, subject to shareholder approval.

abrdn U.S. Closed-End Funds (NYSE:ASGI and NYSE:THQ) announced their distribution payments on February 28, 2025. The distributions were paid to shareholders of record as of February 21, 2025, with the same ex-dividend date.

The Funds operate under a distribution policy designed to provide investors with stable distributions from current income, supplemented by realized capital gains and paid-in capital when necessary. The distributions' composition includes net investment income, net realized short-term and long-term capital gains, and potentially return of capital.

Important considerations for investors include:

• Final distribution amounts and sources can only be determined at fiscal year-end
• Distributions may include return of capital if the Fund distributes more than its income and gains
• Fund performance is measured by NAV returns net of expenses
• The distribution policy may affect the Fund's net assets and market price

abrdn U.S. Closed-End Funds (NYSE:ASGI, THQ) announced their latest distribution payments on January 31, 2025. ASGI (abrdn Global Infrastructure Income Fund) distributed $0.2000 per share, while THQ (abrdn Healthcare Opportunities Fund) distributed $0.1800 per share to shareholders of record as of January 24, 2025.

The funds' performance metrics show that ASGI achieved a 7.36% average annual total return on NAV for the 5-year period ending December 31, 2024, with a current fiscal period's annualized distribution rate of 12.60%. THQ reported a 6.73% average annual total return with a 10.84% annualized distribution rate.

For ASGI's current distribution, approximately 4% came from net investment income, 1% from short-term gains, 41% from long-term gains, and 54% from return of capital. THQ's distribution was entirely (100%) from long-term gains. Both funds maintain distribution policies aimed at providing stable income through current earnings, realized capital gains, and paid-in capital when necessary.

abrdn U.S. Closed-End Funds announced distribution payments for two funds: abrdn Global Infrastructure Income Fund (ASGI) paid $0.2100 per share and abrdn Healthcare Opportunities Fund (THQ) paid $0.1800 per share on October 31, 2024. The distributions were paid to shareholders of record as of October 24, 2024.

Both funds' current distributions are classified as 100% return of capital. ASGI showed a 9.61% average annual total return on NAV for the 5-year period, with a current fiscal period's annualized distribution rate of 39.46%. THQ demonstrated an 11.84% average annual total return with an 8.28% annualized distribution rate.

The abrdn Global Infrastructure Income Fund (NYSE:ASGI) announced a distribution of $0.2100 per share, payable on September 30, 2024, to shareholders of record as of September 20, 2024. The fund follows a managed distribution policy to provide stable income. The distribution sources are estimated as:

• 14% from net investment income
• 56% from net realized long-term gains
• 30% from return of capital

ASGI's 5-year average annual total return on NAV is 9.26%, with a current fiscal period's annualized distribution rate on NAV of 9.56%. Shareholders are advised not to draw conclusions about the fund's performance from the distribution amount or policy.

abrdn U.S. Closed-End Funds (NYSE:ASGI, THQ, THW) announced distribution payments on August 30, 2024. ASGI paid $0.2000 per share, THQ $0.1800, and THW $0.1167. The funds have adopted a distribution policy to provide stable income from current earnings, realized gains, and paid-in capital if necessary.

The press release details estimated distribution sources, including net investment income, realized gains, and return of capital. It also provides performance data, with ASGI showing an 8.74% average annual total return on NAV for the 5-year period ending June 30, 2024.

Shareholders are advised that final tax determinations will be made after the fiscal year-end, and distributions may affect the fund's net assets and market price.

The abrdn Global Infrastructure Income Fund (NYSE:ASGI) announced an update on its acquisition of assets from the Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE:MFD). Key points include:

- MFD shareholders approved the reorganization
- Expected closing date: September 20, 2024
- MFD shares to cease trading on NYSE at market close on September 20, 2024
- MFD shareholders will receive newly issued ASGI shares
- Combined net assets post-reorganization: approximately $596 million
- Benefits: economies of scale, increased viability, enhanced liquidity, and marketability

The reorganization aims to create a larger, more efficient fund by combining assets and is subject to customary closing conditions.

abrdn Global Infrastructure Income Fund (NYSE:ASGI) has announced an update on its acquisition of assets from Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE:MFD). The reorganization, approved by MFD shareholders, is set to close on September 20, 2024. Key points include:

• MFD shares will cease trading on NYSE at market close on September 20, 2024
• MFD shareholders will receive newly issued ASGI shares
• The combined net assets of ASGI post-reorganization will be approximately $596 million
• The merger aims to achieve economies of scale, increase liquidity, and enhance marketability

This strategic move is expected to benefit shareholders of both funds by creating a larger, more viable combined fund with improved scale and efficiency.