Welcome to our dedicated page for abrdn Global Infrastructure Income Fund news (Ticker: ASGI), a resource for investors and traders seeking the latest updates and insights on abrdn Global Infrastructure Income Fund stock.
abrdn Global Infrastructure Income Fund (ASGI) provides income-focused infrastructure investments through its closed-end fund structure. This news hub delivers official updates and analysis for investors tracking essential service assets across transportation, utilities, and energy sectors.
Access timely announcements including earnings reports, strategic initiatives, and portfolio developments. Our curated collection enables informed decision-making by consolidating regulatory filings, operational updates, and market positioning statements.
Key updates cover asset acquisitions, income distribution details, and management strategy communications. Bookmark this page for direct access to primary source materials from ASGI’s income-generating infrastructure investments worldwide.
abrdn Global Infrastructure Income Fund (NYSE:ASGI) held a special shareholder meeting on December 9, 2022, where shareholders voted to approve the issuance of additional shares as part of the reorganization with Macquarie Global Infrastructure Total Return Fund Inc. (MGU). A significant 82.61% of outstanding shares were voted, with 3,136,748 in favor and 429,816 against the share issuance. Additionally, KPMG LLP was ratified as the Fund's independent accounting firm for the fiscal year ending September 30, 2023, with 6,369,207 votes in favor. The reorganization is expected to complete in Q1 2023, pending customary conditions.
abrdn Global Infrastructure Income Fund (ASGI) and abrdn Asia-Pacific Income Fund (FAX) announced their distributions for shareholders as of November 22, 2022. The distribution per share is $0.1200 for ASGI and $0.0275 for FAX, both paid on November 30, 2022. The distribution is estimated to derive entirely from the net investment income for FAX, while ASGI's distribution is a return of capital. The funds aim to provide stable distributions, supplemented by realized capital gains.
abrdn Global Infrastructure Income Fund (ticker: ASGI) has rescheduled its special meeting of shareholders to December 9, 2022, at 11:00 AM ET. This adjournment aims to gather more proxies to meet quorum requirements and to include a routine proposal for ratifying KPMG LLP as the independent registered public accounting firm for the fiscal year ending September 30, 2023. Shareholders will receive supplemental proxy materials for further details. The updated proxy statement is also available on the SEC website.
abrdn U.S. Closed-End Funds held their Annual Meeting of Shareholders on May 26, 2022, where key proposals were voted on for The India Fund, Inc. (IFN) and Aberdeen Standard Global Infrastructure Income Fund (ASGI). IFN had 67.77% of its shares voted, resulting in successful elections for two Class III Directors, Hugh Young and Nancy Yao Maasbach. ASGI reported 79.68% of shares voted, leading to the election of Class II Trustees P. Gerald Malone and Todd Reit. These meetings reflect shareholder engagement in governance and strategic direction.
Aberdeen Standard Global Infrastructure Income Fund (ASGI) will host an infrastructure panel forum on May 19, 2022, addressing macroeconomic challenges impacting infrastructure investments, including the war in Ukraine and inflation. Panelists will include experts from abrdn, who will discuss potential risks and new opportunities within the sector. Following the discussion, ASGI will provide an update on the Fund's holdings and highlight an increased monthly distribution expected to persist for the upcoming year. The event is intended for professional and institutional investors.
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