abrdn U.S. Closed-End Funds Announce Results of Annual Meeting of Shareholders

ACCESSWIRE 16-May-2024 7:36 PM

PHILADELPHIA, PA / ACCESSWIRE / May 16, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP),(NYSE:AGD),(NYSE:AOD),(NYSE:ASGI),(NYSE:AWP),(NYSE:IFN),(NYSE:JEQ) and (NYSE:FAX),(NYSE:FCO),(NYSE:IAF) and (NYSE:AEF) announced they each held their Annual Meeting of Shareholders (the "Meetings") on May 16, 2024. At the Meetings, shareholders of the respective Funds voted on the proposals set forth below:

abrdn Asia-Pacific Income Fund, Inc. ("FAX")

As of the record date, April 1, 2024, FAX had outstanding 247,695,769 shares of common stock. 70.77% of outstanding common stock were voted representing a quorum.

To elect two Class III Directors to the Board of Directors:

To approve the continuation of the term of one Director under the Corporate Governance Policies:

abrdn Global Income Fund, Inc. ("FCO")

As of the record date, April 1, 2024, FCO had outstanding 13,410,279 shares of common stock. 61.78% of outstanding common stock were voted representing a quorum.

To elect two Class II Directors to the Board of Directors:

To approve the continuation of the term for one Director under the Corporate Governance Policies:

abrdn Australia Equity Fund, Inc. ("IAF")

As of the record date, April 1, 2024, IAF had outstanding 26,617,133 shares of common stock. 74.73% of outstanding common stock were voted representing a quorum.

To elect two Class III Directors to the Board of Directors:

To approve the continuation of the terms for two Directors under the Corporate Governance Policies:

abrdn Income Credit Strategies Fund ("ACP")

As of the record date, April 1, 2024, ACP had outstanding 53,709,950 shares of common and preferred stock 76.22% of outstanding common and preferred stock were voted representing a quorum.

To elect one Class I Trustee to the Board of Trustees:

abrdn Global Dynamic Dividend Fund ("AGD")

As of the record date, April 1, 2024, AGD had outstanding 24,865,080 shares of common stock. 80% of the outstanding shares were voted at the Meeting representing a quorum.

To elect one Class I Trustee to the Board of Trustees:

abrdn Total Dynamic Dividend Fund ("AOD")

As of the record date, April 1, 2024, AOD had outstanding 105,430,998 shares of common stock. 83% of the outstanding shares were voted at the Meeting representing a quorum.

To elect one Class I Trustee to the Board of Trustees:

abrdn Global Premier Properties Fund ("AWP")

As of the record date, April 1, 2024, AWP had outstanding 85,407,951 shares of common stock. 71.72% of the outstanding shares were voted at the Annual Meeting representing a quorum.

To elect two Class I Trustee to the Board of Trustees:

The India Fund, Inc. ("IFN")

As of the record date, April 1, 2024, IFN had outstanding 31,056,300 shares of common stock. 66.04% of outstanding common stock were voted representing a quorum.

To elect two Class I Directors to the Board of Directors:

To approve the continuation of the term for two Directors under the Corporate Governance Policies:

abrdn Global Infrastructure Income Fund ("ASGI")

As of the record date, April 1, 2024, ASGI had outstanding 25,206,605 shares of common stock. 86.54% of the outstanding shares were voted at the Meeting representing a quorum.

To elect two Class I Trustee to the Board of Trustees:

abrdn Japan Equity Fund, Inc. ("JEQ")

As of the record date, April 1, 2024, JEQ had outstanding 13,848,329 shares of common stock. 83.96% of the outstanding shares were voted at the Meeting representing a quorum.

To elect one Class I Director to the Board of Directors:

To elect one Class II Director to the Board of Directors:

To elect one Class III Director to the Board of Directors:

Abrdn Emerging Markets Equity Income Fund, Inc. ("AEF")

As of the record date, April 1, 2024, there were 50,751,779 outstanding shares of the Fund. 88.1% of the outstanding shares were voted at the Meeting representing a quorum.

To re-elect two Class I Directors to the Board of Directors:

To approve the continuation of the term for one Director under the Corporate Governance Policies:

In the United States, abrdn is the marketing name for the following affiliated, registered investment advisers: abrdn Inc., abrdn Investments Limited., abrdn Australia Limited, abrdn Asia Limited, Aberdeen Capital Management, LLC, and abrdn ETFs Advisors LLC.

Closed-end funds are traded on the secondary market through one of the stock exchanges. A Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that a Fund will achieve its investment objective. Past performance does not guarantee future results.

https://www.abrdn.com/en-us/cefinvestorcenter

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For More Information Contact:
abrdn U.S. Closed-End Funds
Investor Relations
800-522-5465
Investor.Relations@abrdn.com

SOURCE: abrdn U.S. Closed-End Funds