[SCHEDULE 13G/A] ABRDN AUSTRALIA EQUITY FUND, INC. SEC Filing

Rhea-AI Filing Summary

Allspring Global Investments Holdings, LLC reports owning 4,490,128 shares of abrdn Australia Equity Fund Inc. (Mutual Fund SH), equal to 15.9% of the class. The filing shows 4,066,848 shares with sole voting power and 4,490,128 shares with sole dispositive power. The statement is filed on a Schedule 13G basis, which indicates the holdings are reported as held in the ordinary course of business and not for the purpose of changing or influencing control. Exhibit A lists subsidiaries and investment-adviser entities through which the position is held.

Positive

• Significant stake reported: 4,490,128 shares representing 15.9% of the class
• Passive intent certified: Filing on Schedule 13G states holdings are in the ordinary course and not to influence control

Negative

• None.

Insights

Regulatory Compliance Analyst

13G filing indicates passive, non-control ownership of 15.9%.

The filing is on Schedule 13G, and includes a certification that the securities are "acquired and are held in the ordinary course of business" and not to influence control. That classification affects disclosure timing and reporting obligations compared with an active 13D filing.

The position is reported as held through subsidiaries and registered investment-adviser entities; monitor any subsequent amendments or a switch to a 13D if the voting or disposal intent changes.

Institutional Holdings Analyst

Position size is economically significant at 4.49M shares (15.9%).

Holding 4,490,128 shares with sole dispositive power gives Allspring meaningful economic exposure while the filing claims no intent to influence control. The split between voting power (4,066,848) and dispositive power suggests some margin between voting and economic rights.

Watch for any further amendments or voting agreements; a change from Schedule 13G to 13D or additional disclosures would be material in the near term.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

abrdn Australia Equity Fund In

(Name of Issuer)

Mutual Fund SH

(Title of Class of Securities)

003011103

(CUSIP Number)

09/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 003011103

1

Names of Reporting Persons

Allspring Global Investments Holdings, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 4,066,848.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 4,490,128.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,490,128.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

15.9 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: abrdn Australia Equity Fund In
(b)	Address of issuer's principal executive offices: SUITE 200, 1900 MARKET STREET, PHILADELPHIA, US-PA, 19103, US
Item 2.
(a)	Name of person filing: Allspring Global Investments Holdings, LLC
(b)	Address or principal business office or, if none, residence: 1415 Vantage Park Drive, Charlotte, 28203, North Carolina, United States
(c)	Citizenship: DELAWARE
(d)	Title of class of securities: Mutual Fund SH
(e)	CUSIP No.: 003011103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 4,490,128
(b)	Percent of class: 15.9 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 4,066,848
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 4,490,128
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The securities as to which this Schedule is filed are owned of record by clients of one or more Investment Advisers identified in Exhibit A directly or indirectly owned by Allspring Global Investments Holdings, LLC. Those Clients have the right to receive, or the power to direct the receipt of, dividends from, or the proceeds for the sale of, such securities. No such client is known to have such right or power with respect to more than five percent of this class of securities, except as follows: None
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit A
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Allspring Global Investments Holdings, LLC

Signature:	Jennifer Grunberg
Name/Title:	Senior Compliance Manager
Date:	10/06/2025

Exhibit Information

Exhibit A Subsidiary Allspring Global Investments, LLC* - IA Allspring Funds Management, LLC - IA *Entity beneficially owns 5% or greater of the outstanding shares of the security class being reported on this schedule 13G.

FAQ

What stake did Allspring report in abrdn Australia Equity Fund (IAF)?

Allspring reported owning 4,490,128 shares, equal to 15.9% of the class.

Does the Schedule 13G indicate Allspring intends to take control of IAF?

No. The filing is on Schedule 13G and includes a certification that the securities were acquired and are held in the ordinary course of business and not to change or influence control.

How many shares does Allspring have sole voting power over?

The filing reports 4,066,848 shares as subject to sole voting power.

Through which entities is the position held?

Exhibit A lists subsidiaries including Allspring Global Investments, LLC and Allspring Funds Management, LLC as entities through which the securities are held.

When was the filing signed?

The signature block shows the filing was signed on 10/06/2025 by Jennifer Grunberg, Senior Compliance Manager.