abrdn Global Dynamic Dividend Fund SEC Filings

abrdn Global Dynamic Dividend Fund is reported in a joint Schedule 13G/A by First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation showing beneficial ownership of 4,075,342 shares, representing 15.60% of the class as of 03/31/2026. The reporting persons state they have shared dispositive power over the shares and disclaim sole beneficial ownership; the shares are held in unit investment trusts and other managed accounts.

abrdn Global Dynamic Dividend Fund, abrdn Total Dynamic Dividend Fund and abrdn Global Premier Properties Fund are calling joint annual shareholder meetings on May 27, 2026 at 9:00 a.m. Eastern Time in Philadelphia. Shareholders of record as of April 1, 2026 will vote on electing two Class III Trustees for each fund, with terms running until the 2029 annual meetings. The boards, each led by an independent chair and dominated by Independent Trustees, unanimously recommend voting FOR nominees Nancy Yao and Christian Pittard for all three funds. The proxy statement also outlines board structure, committee responsibilities, auditor selection and fees, trustee compensation, and procedures for submitting future shareholder proposals and attending the meetings.

abrdn Global Dynamic Dividend Fund entered into an amended and restated distribution agreement with ALPS Distributors, Inc., allowing the Fund to offer and sell up to $100,000,000 of common shares in an at-the-market offering through the distributor.

Sales of these common shares must be made at prices at or above the Fund’s current net asset value, excluding any distribution commissions or discounts. UBS Securities LLC will act as sub-placement agent under a separate amended and restated sub-placement agent agreement, and the offering is conducted under the Fund’s effective shelf registration statement on Form N-2.

abrdn Global Dynamic Dividend Fund has filed a Prospectus Supplement to offer up to $100,000,000 aggregate offering price of its Common Shares under an amended distribution agreement dated April 1, 2026. As of the supplement date the Fund has sold $15,082,298.24 under the agreement, leaving $84,917,701.76 available.

The shares will be sold from time to time at the market through ALPS Distributors, Inc., with UBS Securities LLC as a sub-placement agent. The Fund will not sell below a Minimum Price equal to the then-current NAV plus distributor commission; the last reported NAV was $11.09 and the last sale price was $10.48, a -5.50% discount as of March 27, 2026. Proceeds are to be invested in accordance with the Fund’s stated objectives.

AGD submitted an N-CEN annual report template listing operational and service-provider data for the fund's reporting period. The excerpt records aggregate brokerage commissions of $113,413.90 and principal transaction values of $825,323.56 and $53,725,531.10.

The filing lists multiple custodians, pricing services, brokers and other agents in tabular form and records certain securities lending fields as N/A.

abrdn Global Dynamic Dividend Fund and abrdn Total Dynamic Dividend Fund reported strong but benchmark-lagging results for the year ended October 31, 2025. On a net asset value basis, AGD returned 17.87% and AOD 18.88%, compared with 22.64% for the MSCI AC World Index. Market-price returns were higher as discounts narrowed, at 29.47% for AGD and 25.11% for AOD.

Both closed-end funds follow dividend-focused strategies with a managed distribution policy targeting an annual rate of 12% of the prior month’s average NAV. For the year, AGD paid total distributions of $1.32 per share and AOD paid $1.17 per share, funded by net investment income, realized gains and, when needed, return of capital. Monthly distributions of $0.12 for AGD and $0.10 for AOD were declared for late 2025 and early 2026 record dates.

The portfolios are globally diversified, with about 62% in U.S. equities and heavy exposure to information technology, financials and industrials. Top holdings for both funds include Broadcom, Microsoft, Alphabet, Apple and Taiwan Semiconductor. The funds use modest leverage via lines of credit and employ derivatives, mainly forward currency contracts, to hedge part of their euro exposure.

abrdn Global Dynamic Dividend Fund filed an initial ownership report for one of its officers. The reporting person is identified as a Vice President of the fund and is filing individually, not as part of a group. In the explanation section, the form states that no securities are beneficially owned by this person, meaning they report holding no shares or derivative positions in the fund as of the event date of 12/10/2025.

abrdn Global Dynamic Dividend Fund entered a distribution agreement allowing it to offer and sell up to $25,000,000 of common shares in an "at the market" offering through ALPS Distributors, Inc., with UBS Securities LLC acting as sub-placement agent. These shares may not be sold at prices below the current net asset value under the Investment Company Act of 1940.

The offering is made under an already effective shelf registration statement on Form N-2, using a prospectus dated October 30, 2025 and a prospectus supplement dated November 21, 2025. On the same date, the Fund commenced sales under this program and filed a legal opinion from Dechert LLP on the validity of the shares.

The Fund also reported a portfolio management change effective August 1, 2025. Ruairidh Finlayson left the adviser and ceased serving as a portfolio manager, leaving Josh Duitz, Martin Connaghan and Andrew Kohl jointly responsible for the Fund’s day-to-day portfolio management.