abrdn Global Dynamic Dividend Fund (AGD) and abrdn Total Dynamic Dividend Fund (AOD) Announce 70% Increase in Distribution Rate and Adoption of a 12% Managed Distribution Policy

August 8, 2024 5:35 PM

abrdn Global Dynamic Dividend Fund (NYSE:AGD) and abrdn Total Dynamic Dividend Fund (NYSE:AOD) (collectively, the "Funds") each, a closed-end management investment company, announced today its Board of Trustees (each a "Board" and collectively, the "Boards") have each approved the implementation of a managed distribution policy which will pay monthly, 12% of the average daily NAV for the previous month as of the month-end prior to declaration...

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SRH Total Return Fund, Inc. Declares Quarterly Distribution

August 8, 2024 6:59 AM

SRH Total Return Fund, Inc. (NYSE:STEW) (the "Fund") announced the declaration of a quarterly distribution of $0.1375 per share to occur in October 2024. This distribution is being paid as part of the Fund's managed distribution program under which the Fund intends to make per share distributions of $0.1375 per quarter or $0.55 per year. As of market close on August 5, 2024, the distribution (on an annualized basis) amounts to approximately...

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International Media Acquisition Corp. Announces Receipt of Nasdaq Delisting Notice

August 5, 2024 6:00 PM

NEW YORK, NY / ACCESSWIRE / August 5, 2024 / International Media Acquisition Corp. (the "Company" or "IMAQ") (NASDAQ:IMAQ) today announced that it received a delisting notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on July 30, 2024. The delisting determination arises from the Company's failure to complete one or more business combinations within 36 months of the...

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abrdn U.S. Closed-End Funds Announce Distribution Payment Details

July 31, 2024 4:27 PM

The abrdn U.S. Closed-End Funds (NYSE:ASGI)(NYSE:THQ)(NYSE:THW), (the "Funds" or individually the "Fund"), today announced that the Funds paid the distributions noted in the table below on July 31, 2024, on a per share basis to all shareholders of record as of July 24, 2024 (ex-dividend date July 24, 2024). Ticker Exchange Fund Amount ASGI NYSE abrdn Global Infrastructure Income Fund $0.2000 THQ NYSE abrdn Healthcare Opportunities Fund $0.1800...

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Reaves Utility Income Fund Section 19(a) Notice

July 31, 2024 6:59 AM

On July 31, 2024, the Reaves Utility Income Fund (NYSE American:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders of record at the close of business on July 19, 2024. The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder....

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Clough Global Dividend And Income Fund Section 19(a) Notice

July 31, 2024 6:59 AM

On July 31, 2024, the Clough Global Dividend and Income Fund (NYSE American:GLV) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.0526 per share to shareholders of record at the close of business on July 19, 2024. The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted...

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Clough Global Equity Fund Section 19(a) Notice

July 31, 2024 6:59 AM

DENVER, CO / ACCESSWIRE / July 31, 2024 / On July 31, 2024, the Clough Global Equity Fund (NYSE American:GLQ) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.0603 per share to shareholders of record at the close of business on July 19, 2024. The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the...

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abrdn U.S. Closed-End Funds Announce Distribution Payment Details

July 10, 2024 4:27 PM

The following abrdn U.S. Closed-End Funds (NYSE:AGD, AOD, ASGI, AWP, THQ, THW)(NYSE American:FAX, FCO, VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on July 31, 2024 to all shareholders of record as of July 24, 2024 (ex-dividend date July 24, 2024). Ticker Exchange Fund Amount AGD NYSE abrdn Global Dynamic Dividend Fund $ 0.0650 AOD NYSE abrdn Total Dynamic...

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abrdn Asia-Pacific Income Fund VCC Announces Monthly Distribution

July 10, 2024 4:27 PM

abrdn Asia-Pacific Income Investment Fund VCC (TSX:FAP)(UEN:T21VC0235H) (the "Company"), a closed-end investment company trading on the Toronto Stock Exchange, announced today that it will pay a monthly distribution of CAD 1.75 cents per share on July 31, 2024 to all shareholders of record as of July 24, 2024 (ex-dividend date July 24, 2024). The policy of the Company's Board of Directors is to maintain a stable monthly distribution. For the 12...

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abrdn Income Credit Strategies Fund Announces Closing Date for Acquisition of Assets From First Trust High Income Long/Short Fund and Announces Distribution Payment Details

July 9, 2024 4:37 PM

PHILADELPHIA, PA / ACCESSWIRE / July 9, 2024 / The Board of Trustees of abrdn Income Credit Strategies Fund (NYSE:ACP) ("ACP" or the "Acquiring Fund") previously announced that shareholders of First Trust High Income Long/Short Fund (NYSE:FSD) ("FSD" or the "Acquired Fund"), advised by First Trust Advisors L.P., have approved the proposed reorganization into ACP ("Reorganization") and today announces that the Reorganization is expected to close...

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Clough Global Dividend and Income Fund Declares Monthly Cash Distributions for July, August and September 2024 of $0.0526 Per Share

July 9, 2024 6:59 AM

DENVER, CO / ACCESSWIRE / July 9, 2024 / Today, the Board of Trustees (the "Board") for the Clough Global Dividend and Income Fund (the "Fund") has declared a monthly cash distribution of $0.0526 per common share, payable on the dates noted below. The Fund's managed distribution policy is to set the monthly distribution rate at an amount equal to one twelfth of 10% of the Fund's adjusted year-end net asset value per share ("NAV"), which will be...

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Reaves Utility Income Fund Announces Regular Monthly Distributions 0f $0.19 Per Share

July 9, 2024 6:59 AM

DENVER, CO / ACCESSWIRE / July 9, 2024 / Reaves Utility Income Fund (NYSE American:UTG) announced today the next three, monthly, distributions at a rate of $0.19 per common share per month, unchanged from the per share rate paid for the previous quarter. As of July 2, 2024, the Fund's market price was $27.16 per share and its net asset value was $26.86 per share. Tim Porter, the Fund's co-portfolio manager and Chief Investment Officer of Reaves...

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abrdn U.S. Closed-End Funds Announce Distribution Payment Details

June 28, 2024 4:17 PM

PHILADELPHIA, PA / ACCESSWIRE / June 28, 2024 / The abrdn U.S. Closed-End Funds (NYSE:ASGI)(NYSE:HQH)(NYSE:HQL)(NYSE:JEQ)(NYSE:THQ)(NYSE:THW)(NYSE American:IAF), (the "Funds" or individually the "Fund"), today announced that the Funds paid the distributions noted in the table below on June 28, 2024, on a per share basis to all shareholders of record as of June 21, 2024 (ex-dividend date June 21, 2024). These dates apply to the Funds listed below...

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Clough Global Opportunities Fund Section 19(a) Notice

June 28, 2024 6:59 AM

DENVER, CO / ACCESSWIRE / June 28, 2024 / On June 28, 2024, the Clough Global Opportunities Fund (NYSE American:GLO) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.0480 per share to shareholders of record at the close of business on June 17, 2024. The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended,...

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Reaves Utility Income Fund Section 19(a) Notice

June 28, 2024 6:59 AM

On June 28, 2024, the Reaves Utility Income Fund (NYSE American:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders of record at the close of business on June 17, 2024. The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder....

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Clough Global Equity Fund Section 19(a) Notice

May 31, 2024 6:59 AM

On May 31, 2024, the Clough Global Equity Fund (NYSE American:GLQ) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.0603 per share to shareholders of record at the close of business on May 17, 2024. The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. The Fund...

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Clough Global Opportunities Fund Section 19(a) Notice

May 31, 2024 6:59 AM

On May 31, 2024, the Clough Global Opportunities Fund (NYSE American:GLO) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.0480 per share to shareholders of record at the close of business on May 17, 2024. The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder....

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Reaves Utility Income Fund Section 19(a) Notice

May 31, 2024 6:59 AM

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESSWIRE / May 31, 2024 / On May 31, 2024, the Reaves Utility Income Fund (NYSE American:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders of record at the close of business on May 17, 2024. The following table sets forth the estimated amount of the sources of distribution for...

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The India Fund, Inc. Announces Distribution Payment Details

May 20, 2024 4:27 PM

The India Fund, Inc. (NYSE:IFN), announced today that it will pay $0.45 on a per share basis on July 5, 2024 to all shareholders of record as of May 30, 2024 (ex-dividend date May 30, 2024). For The India Fund, Inc. ("IFN"), this stock distribution will automatically be paid in newly issued shares of the Fund unless otherwise instructed by the shareholder. Ticker Exchange Fund Amount IFN NYSE The India Fund, Inc. $ 0.45 At the end of each...

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The India Fund, Inc. Announces Final Results of Its Rights Offering

May 15, 2024 7:35 AM

The India Fund, Inc. (NYSE:IFN) (the "Fund"), a closed-end fund, announced today the successful completion of its transferable rights ("Rights") offering (the "Offer"). The Offer commenced on April 19, 2024, and expired on May 14, 2024 (the "Expiration Date"). The Offer entitled Rights holders to subscribe for shares of the Fund's common stock of beneficial interest, par value $0.001 per share ("Common Stock"). The final subscription price was...

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