abrdn National Municipal Income Fund Stock Price, News & Analysis

Delaware Investments National Municipal Income Fund (NYSE: VFL) announced a monthly distribution of $0.0450 per share, payable on February 24, 2023, to shareholders of record as of February 17, 2023. The ex-dividend date is set for February 16, 2023. The fund aims to provide current income exempt from federal income tax while preserving capital. Leveraging techniques may be utilized to enhance returns, although achieving investment objectives is not guaranteed. Macquarie Asset Management manages the fund and oversees more than $508 billion in global assets.

On December 22, 2022, the Delaware Investments National Municipal Income Fund (symbol: VFL) announced that its Board of Trustees approved a new investment management agreement with abrdn Inc. The change is expected to be finalized in Q2 2023, pending shareholder approval. The Fund’s investment objectives will remain unchanged, focusing on providing tax-exempt income while preserving capital. Shareholders are advised to read the forthcoming definitive Proxy Statement for more details on the abrdn fund adoption.

Delaware Investments National Municipal Income Fund (VFL) announced the results of its tender offer, which accepted 8,678,691 common shares from investors, approximately 41.41% of its outstanding shares. The shares were purchased at $11.95 each, slightly below the net asset value of $12.07. The Fund is also redeeming 360 Muni-MultiMode Preferred Shares to manage its leverage, scheduled for December 20, 2022. The primary objective remains to provide tax-exempt income while utilizing leveraging techniques for potential higher returns.

Delaware Investments National Municipal Income Fund (VFL) announced the results of its tender offer to buy back up to 10,478,347 common shares, equating to 50% of its outstanding shares. The offer, which expired on December 13, 2022, saw approximately 8,018,569 shares tendered. Shareholders will be paid 99% of the net asset value for the shares accepted within ten business days post-expiration. The Fund aims to provide tax-exempt income while managing risk through leveraging techniques. Final share acceptance numbers will be announced later.

The Delaware Investments National Municipal Income Fund (NYSE: VFL) declared a monthly distribution of $0.0450 per share, payable on December 30, 2022, to shareholders on record as of December 22, 2022. The ex-dividend date is set for December 21, 2022. The fund aims to provide current income exempt from federal income tax while preserving capital, with the option to leverage for potential higher returns. However, achieving investment objectives is not guaranteed.

Delaware Investments National Municipal Income Fund (NYSE: VFL) announced its intention to redeem up to 1,350 preferred shares at a price of $100,000 per share, plus accumulated dividends. This move aims to manage leverage levels in relation to its common shares tender offer, previously announced on July 22, 2022. The preferred share redemption is expected to occur on or about December 20, 2022. The Fund plans to finance these redemptions through cash on hand and asset sales. Redemption notifications will be sent to holders via The Depository Trust Company.

The Delaware Investments National Municipal Income Fund (NYSE American: VFL) declared a monthly distribution of $0.0450 per share, payable on November 25, 2022, to shareholders of record on November 18, 2022. The ex-dividend date is November 17, 2022. The fund aims to provide current income exempt from federal income tax while preserving capital, and employs leveraging techniques for higher returns. As of June 30, 2022, Macquarie Asset Management oversees over $534 billion in global assets.

The Delaware Investments National Municipal Income Fund (VFL) announced a tender offer to buy back up to 10,478,347 common shares, equating to 50% of its outstanding shares. The offer opens on November 14, 2022, and will close by 5:00 PM ET on December 13, 2022. Shares will be purchased at 99% of the Fund's net asset value. The Fund's shares have been trading at a discount to net asset value, and its aim is to provide income exempt from federal tax while preserving capital. The offer documents will be available for common shareholders.

Delaware Investments National Municipal Income Fund (VFL) declared a monthly distribution of $0.0450 per share, payable on October 28, 2022. Shareholders on record by October 21, 2022 will be eligible, with an ex-dividend date set for October 20, 2022. The fund aims to provide current income exempt from federal income tax and may use leverage to enhance returns, though there is no guarantee of achieving its investment objectives.