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abrdn National Municipal Income Fund - VFL STOCK NEWS

Welcome to our dedicated news page for abrdn National Municipal Income Fund (Ticker: VFL), a resource for investors and traders seeking the latest updates and insights on abrdn National Municipal Income Fund.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect abrdn National Municipal Income Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of abrdn National Municipal Income Fund's position in the market.

Rhea-AI Summary
abrdn National Municipal Income Fund (VFL) has increased its monthly distribution by 20% to $0.0450 per share, aiming to maintain this rate for the next 12 months. The Fund's NAV distribution rate has risen from 3.7% to 4.5%, and the share price distribution rate from 4.4% to 5.3%. abrdn has reduced below investment grade securities while increasing the portfolio's earnings yield. Past performance shows the Fund ranking in the top quintile for total return NAV performance in the US closed-end high yield Morningstar category.
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0.48%
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Rhea-AI Summary
abrdn National Municipal Income Fund (VFL) has increased its monthly distribution by 15% to $0.0375 per share, commencing on January 31, 2024. The Fund's NAV distribution rate has increased from 3.4% to 3.9%, and the share price distribution rate has increased from 4.1% to 4.7%. abrdn has transitioned into higher yielding securities and improved the credit quality of the portfolio, resulting in top quintile performance relative to its US closed-end high yield Morningstar category.
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1.6%
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Rhea-AI Summary
abrdn Inc. assumes responsibility for the management of the former Delaware Investments National Municipal Income Fund, resulting in a name change to abrdn National Municipal Income Fund. The Fund's ticker symbol and CUSIP remain unchanged. The new trustees have taken office. The Fund has total assets of approximately $143 million. The investment objective and policies of the Fund will remain unchanged. abrdn is one of the largest closed-end fund managers globally, managing over $450 billion in assets. For more information, visit abrdn.com/us.
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abrdn National Municipal Income Fund

NYSE:VFL

VFL Rankings

VFL Stock Data

127.20M
0.01%
26.22%
0.07%
Asset Management
Financial Services
Link
United States
Philadelphia

About VFL

delaware investments dividend and income fund, inc. is a closed-ended equity mutual fund launched by delaware management holdings, inc. it is managed by delaware management company. the fund invests in public equity markets of the united states. it seeks to invest in stocks of companies operating across diversified sectors. the fund primarily invests in dividend paying value stocks of large cap companies. it benchmarks the performance of its portfolio against the s&p 500 index and the lipper closed-end income and preferred stock funds average. delaware investments dividend and income fund, inc. was formed on march 26, 1993 and is domiciled in the united states.