Welcome to our dedicated page for abrdn National Municipal Income Fund SEC filings (Ticker: VFL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
abrdn National Municipal Income Fund filings document the regulatory record of a closed-end municipal income fund with exchange-listed common shares trading under VFL. The disclosures cover the fund’s investment objective, municipal bond focus, leverage through preferred shares, capital structure, distributions, and material changes to investment policies.
Proxy statements describe trustee elections, shareholder voting procedures, preferred-share voting rights, Board governance, and fund oversight. Form 8-K reports capture material fund events, including Board actions and communications tied to policy matters, while registration and exchange-listing information identifies the fund’s common shares of beneficial interest and public-company reporting status.
abrdn National Municipal Income Fund was reorganized into Aberdeen Municipal Income Fund effective July 10, 2026. In this Reorganization, director Nancy Yao exchanged 1,500 common shares of the Target Fund for 2,812 common shares of the Acquiring Fund, based on a 1.87521869 conversion ratio. The Target Fund’s NAV per share was $11.3116 and the Acquiring Fund’s NAV per share was $6.0322, with cash distributed for any fractional shares.
abrdn National Municipal Income Fund director Todd Reit reported a restructuring-related share exchange. On July 10, 2026, the fund was reorganized into Aberdeen Municipal Income Fund. Reit’s 1,298 common shares of abrdn National Municipal Income Fund, valued at a NAV of $11.3116 per share, were converted into 2,434 common shares of Aberdeen Municipal Income Fund based on a 1.87521869 conversion ratio and that fund’s $6.0322 NAV per share. Following this reorganization, he holds no common shares of abrdn National Municipal Income Fund.
abrdn National Municipal Income Fund completed a reorganization into Aberdeen Municipal Income Fund on July 10, 2026. Director Bill Maher reported an "other" non-market transaction reflecting this restructuring.
In the reorganization, his 3,052.47 common shares of the Target Fund, with a reported NAV per share of $11.3116, were exchanged for 5,724 common shares of the Acquiring Fund, which had a reported NAV per share of $6.0322, based on a conversion ratio of 1.87521869. Following the exchange, his reported holdings of the Target Fund’s common stock were 0 shares; fractional shares were settled in cash.
abrdn National Municipal Income Fund is being removed from listing and registration on NYSE American LLC for its Common Shares of Beneficial Interest. NYSE American certifies it has complied with its own rules to strike this class of securities, and the fund has complied with exchange rules and SEC Rule 12d2-2(c) governing the voluntary withdrawal from listing and registration under Section 12(b) of the Securities Exchange Act of 1934.
abrdn National Municipal Income Fund reported a restructuring-type transaction involving its Muni-MultiMode Preferred Shares. Toronto Dominion Investments LLC, an indirect subsidiary of The Toronto-Dominion Bank, had 990 preferred shares redeemed by the fund at a redemption price of $100,136.68 per share, which included a liquidation preference of $100,000.00 and accrued dividends of $136.68 per share. Following this redemption, the reporting Toronto-Dominion entities reported zero Muni-MultiMode Preferred Shares outstanding. The filing clarifies the ownership chain among Toronto Dominion Investments LLC, Toronto Dominion Holdings (U.S.A.), Inc., TD Group US Holdings LLC, and The Toronto-Dominion Bank and disclaims that these parties are part of a group for securities law purposes.
Toronto-Dominion–affiliated entities have fully exited their position in abrdn National Municipal Income Fund’s Muni-MultiMode Preferred Shares. The fund redeemed the Series 2049-2 and Series 2049-3 preferred shares on June 16, 2026, and as a result the reporting Toronto-Dominion entities now report beneficial ownership of 0 shares, representing 0% of the class.
The amendment confirms they ceased to be beneficial owners of more than five percent of these preferred shares on the redemption date, and all related voting and financing arrangements for the MMP Shares have been terminated.
abrdn National Municipal Income Fund (VFL) announced shareholder approval to reorganize VFL into the Aberdeen Municipal Income Fund (MFM). As of the record date, 12,278,003 shares were outstanding and 64.0% of shares were voted. Subject to closing conditions, shareholders of record at market close on July 10, 2026 will receive newly issued MFM common shares with aggregate net asset value equal to the NAV of their VFL shares and will be deemed MFM shareholders at market open on July 13, 2026.
The Fund intends to redeem its outstanding Muni-MultiMode Preferred Shares, Series 2049, at the $100,000 liquidation preference per share plus accrued dividends, financing redemptions with cash on hand and portfolio sales. The excerpt lists anticipated preferred redemptions of 240 and 750 shares for two series with redemption dates of June 16, 2026. Pricing and transaction mechanics will be announced later; timing and final pricing details are to be posted on MFM’s website.
abrdn National Municipal Income Fund (VFL) adjourned its Special Meeting to June 9, 2026 at 5:00 pm Eastern Time to continue soliciting proxies for a proposed reorganization with MFS Municipal Income Trust (MFM). Preliminary results as of May 27, 2026 show 48.4% of outstanding shares voted FOR, short of the 50% majority required by the Fund's governing documents. The Board unanimously recommends the proposal and encourages additional votes; proxy materials and the joint proxy statement/prospectus are available at the SEC link provided in the announcement.
abrdn National Municipal Income Fund is soliciting shareholder votes on a proposed Agreement and Plan of Reorganization with MFS Municipal Income Trust. The Special Meeting originally set for March 11, 2026 was adjourned to May 6, 2026 to allow more time to reach the required approval threshold.
The filing states an overwhelming majority of votes cast were FOR the proposal, but passage requires approval of more than 50% of outstanding shares; additional shareholder responses are requested and the Board recommends voting FOR.
The reporting group—First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation—filed an amended Schedule 13G/A disclosing joint beneficial ownership of 518,958 shares of Common Stock of abrdn National Municipal Income Fund (CUSIP 24610T108), equal to 4.23% of the class as reported. The filing states shared voting power of 2,199 shares and shared dispositive power over 518,958 shares. The filing is jointly made and each reporting person disclaims beneficial ownership of the shares identified.