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 reports developments for a non-diversified, closed-end management investment company focused on global infrastructure income. The fund seeks total return with an emphasis on current income by investing in assets that provide necessary services, including private infrastructure investments. Recurring updates include distributions, NAV and market-price references, shareholder voting matters, fund-structure proposals, governance actions, capital-structure disclosures, and operating and financial results tied to the fund's closed-end structure and NYSE-listed shares.
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.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
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.
Summary not available.
Aberdeen Standard Global Infrastructure Income Fund (ASGI) has announced an increase in its monthly distribution from $0.1083 to $0.12 per share, effective April 29, 2022. The Board of Trustees cited the Fund's strong performance since inception, with a cumulative total return of 27.31% for NAV as of March 31, 2022. The updated distribution rate aims to last at least 12 months unless market conditions change significantly. The Fund emphasizes current income through public and private infrastructure equity investments, with distributions sourced from net investment income and capital gains.
Summary not available.