| Closed-End Funds: Screening For Potential Opportunites To Kick Off Q1 2025 |
The closed-end fund space saw a significant narrowing of discounts throughout 2024 as equity markets charged higher and now discounts remain tight heading into 2025. In particular, equity CEFs have seen significantly narrowed discounts along with taxable fixed-income, though municipal bond funds look relatively attractive after widening discounts in December. We are screening for funds with the deepest discounts and widest z-scores to find potential buys and funds that may be getting a bit pricey as sell candidates. |
seekingalpha.com |
2025-01-13 17:59:32 |
Czytaj oryginał (ang.) |
| PIMCO Cuts A Couple Of Distributions, Who Could Be Next? |
RCS and PCM recently announced distribution cuts, and they were simultaneously trading at some hefty premiums to their NAV per share. We saw the usual outcome, which is a drastic sell-off as is often the case with the dangerous combination of elevated NAV distribution rates and premiums are mixed. We are looking at two more names to warn about in the future, but predicting distribution cuts is incredibly difficult as funds can pay out what they'd like. |
seekingalpha.com |
2025-01-06 20:20:01 |
Czytaj oryginał (ang.) |
| abrdn Global Income Fund, Inc. Announces Distribution Payment Details |
PHILADELPHIA, PA / ACCESSWIRE / September 11, 2024 / abrdn Global Income Fund, Inc (NYSE American:FCO) (the "Fund"), a closed-end fund, today announced it will pay on September 30, 2024, a distribution of US $0.07 per share to all shareholders of record as of September 23, 2024 (ex-dividend date September 23, 2024). At the end of each calendar year, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of the Fund's distributions and provide information with respect to their appropriate tax treatment for the prior calendar year. |
accesswire.com |
2024-09-11 20:27:00 |
Czytaj oryginał (ang.) |
| abrdn U.S. Closed-End Funds Announce Distribution Payment Details |
PHILADELPHIA, PA / ACCESSWIRE / August 9, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP)(NYSE:ASGI)(NYSE:AWP)(NYSE:HQH)(NYSE:HQL)(NYSE:IFN)(NYSE:JEQ)(NYSE:THQ)(NYSE:THW)(NYSE American:FAX)(NYSE American:FCO)(NYSE American:IAF)(NYSE American:VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on August 30, 2024 to all shareholders of record as of August 23, 2024 (ex-dividend date August 23, 2024). These dates apply to the Funds listed below with the exception of the abrdn Healthcare Investors (HQH), the abrdn Life Sciences Investors (HQL), the abrdn Australia Equity Fund, Inc. (IAF), the India Fund, Inc. (IFN) and the abrdn Japan Equity Fund, Inc. (JEQ) which will pay on September 30, 2024, to all shareholders of record as of August 23, 2024 (ex-dividend date August 23, 2024). |
accesswire.com |
2024-08-09 20:17:00 |
Czytaj oryginał (ang.) |
| abrdn U.S. Closed-End Funds Announce Results of Annual Meeting of Shareholders |
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 American:FAX),(NYSE American:FCO),(NYSE American:IAF) and (NYSE American: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. |
accesswire.com |
2024-05-16 23:35:00 |
Czytaj oryginał (ang.) |
| FCO To BWG: More To Go |
We last covered FCO around 9 months ago; at that time, it appeared BWG was the better bet in this space. That has played out to some degree, with BWG showing better total share price returns during that period. However, this largely came from BWG's discount narrowing as FCO's premium has actually stayed fairly elevated. |
seekingalpha.com |
2024-03-17 11:36:01 |
Czytaj oryginał (ang.) |
| CORRECTION: abrdn U.S. Closed-End Funds Announce Distribution Payment Details |
This release provides an update to the performance tables regarding the IAF Estimated Amounts of Current Distribution per Share and Estimated Amounts of Fiscal Year to Date Cumulative Distributions per Share PHILADELPHIA, PA / ACCESSWIRE / February 13, 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 American:FAX),(NYSE American:FCO),(NYSE American:IAF),(NYSE American:THW),(NYSE American:VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on February 29, 2024 to all shareholders of record as of February 22, 2024 (ex-dividend date February 21, 2024). These dates apply to the Funds listed below with the exception of the abrdn Australia Equity Fund, Inc. (IAF), the India Fund, Inc. (IFN) and the abrdn Japan Equity Fund, Inc. (JEQ) which will pay on March 28, 2024, to all shareholders of record as of February 22, 2024 (ex-dividend date February 21, 2024). |
accesswire.com |
2024-02-13 23:40:00 |
Czytaj oryginał (ang.) |
| abrdn U.S. Closed End Funds Announce Distribution Payment Details |
PHILADELPHIA, PA / ACCESSWIRE / January 10, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP)(NYSE:AGD)(NYSE:AOD)(NYSE:ASGI)(NYSE:AWP) and (NYSE American:FAX)(NYSE American:FCO)(NYSE American:THQ)(NYSE American:THW)(NYSE American:VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on January 31, 2024 to all shareholders of record as of January 24, 2024 (ex-dividend date January 23, 2024). Ticker Exchange Fund Amount ACP NYSE abrdn Income Credit Strategies Fund $ 0.1000 AGD NYSE abrdn Global Dynamic Dividend Fund $ 0.0650 AOD NYSE abrdn Total Dynamic Dividend Fund $ 0.0575 ASGI NYSE abrdn Global Infrastructure Income Fund $ 0.1600 AWP NYSE abrdn Global Premier Properties Fund $ 0.0400 FAX NYSE American Abrdn Asia-Pacific Income Fund, Inc. $ 0.0275 FCO NYSE American abrdn Global Income Fund, Inc. $ 0.0700 THQ NYSE American abrdn Healthcare Opportunities Fund $ 0.1125 THW NYSE American abrdn World Healthcare Fund $ 0.1167 VFL NYSE American abrdn National Municipal Income Fund $ 0.0375 At the end of each calendar year, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of each fund's distributions and provide information with respect to their appropriate tax treatment for the prior calendar year. |
accesswire.com |
2024-01-10 18:17:00 |
Czytaj oryginał (ang.) |
| Weekly Closed-End Fund Roundup: November 26, 2023 |
19 out of 22 CEF sectors are positive on price, and 21 out of 22 sectors are positive on NAV. KYN/KMF merger completes. NXG Cushing Midstream Energy Fund rights offering begins. |
seekingalpha.com |
2023-12-05 13:37:15 |
Czytaj oryginał (ang.) |
| abrdn U.S. Closed-End Funds Announce Distribution Payment Details |
PHILADELPHIA, PA / ACCESSWIRE / November 9, 2023 / The following abrdn U.S. Closed-End Funds announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on November 30, 2023 to all shareholders of record as of November 22, 2023 (ex-dividend date November 21, 2023). These dates apply to the Funds listed below with the exception of abrdn Healthcare Investors (HQH), abrdn Life Sciences Investors (HQL), the abrdn Australia Equity Fund, Inc. (IAF), the India Fund, Inc. (IFN) and the abrdn Japan Equity Fund, Inc. (JEQ) which will pay on January 10, 2024, to all shareholders of record as of November 22, 2023 (ex-dividend date November 21, 2023). |
accesswire.com |
2023-11-09 18:27:00 |
Czytaj oryginał (ang.) |
| abrdn U.S. Closed-End Funds Announce Distribution Payment Details |
PHILADELPHIA, PA / ACCESSWIRE / October 11, 2023 / The following abrdn U.S. Closed-End Funds announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on October 31, 2023 to all shareholders of record as of October 24, 2023 (ex-dividend date October 23, 2023). Ticker Exchange Fund Amount ACP NYSE abrdn Income Credit Strategies Fund $ 0.1000 AGD NYSE abrdn Global Dynamic Dividend Fund $ 0.0650 AOD NYSE abrdn Total Dynamic Dividend Fund $ 0.0575 ASGI NYSE abrdn Global Infrastructure Income Fund $ 0.1200 AWP NYSE abrdn Global Premier Properties Fund $ 0.0400 FAX NYSE American Abrdn Asia-Pacific Income Fund, Inc. $ 0.0275 FCO NYSE American abrdn Global Income Fund, Inc. $ 0.0700 VFL NYSE American abrdn National Municipal Income Fund $ 0.0325 At the end of each calendar year, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of each fund's distributions and provide information with respect to their appropriate tax treatment for the prior calendar year. |
accesswire.com |
2023-10-11 20:27:00 |
Czytaj oryginał (ang.) |
| abrdn U.S. Closed-End Funds Announce Distribution Payment Details |
PHILADELPHIA, PA / ACCESSWIRE / September 12, 2023 / The following abrdn U.S. Closed-End Funds announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on September 29, 2023 to all shareholders of record as of September 22, 2023 (ex-dividend date September 21, 2023). Ticker Exchange Fund Amount ACP NYSE abrdn Income Credit Strategies Fund $ 0.1000 AEF NYSE American abrdn Emerging Markets Equity Income Fund, Inc. $ 0.1000 AGD NYSE abrdn Global Dynamic Dividend Fund $ 0.0650 AOD NYSE abrdn Total Dynamic Dividend Fund $ 0.0575 ASGI NYSE abrdn Global Infrastructure Income Fund $ 0.1200 AWP NYSE abrdn Global Premier Properties Fund $ 0.0400 FAX NYSE American Abrdn Asia-Pacific Income Fund, Inc. $ 0.0275 FCO NYSE American abrdn Global Income Fund, Inc. $ 0.0700 VFL NYSE American abrdn National Municipal Income Fund $ 0.0325 At the end of each calendar year, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of each fund's distributions and provide information with respect to their appropriate tax treatment for the prior calendar year. |
accesswire.com |
2023-09-12 20:37:00 |
Czytaj oryginał (ang.) |
| abrdn U.S. Closed-End Funds Announce Distribution Payment Details |
Please note that no performance numbers or rates have changed from the August 9th press release. This update is simply to include some additional language around the Funds that default to paying in stock, unless otherwise elected. |
accesswire.com |
2023-08-15 21:40:00 |
Czytaj oryginał (ang.) |
| abrdn U.S. Closed-End Funds Announce Distribution Payment Details |
PHILADELPHIA, PA / ACCESSWIRE / July 12, 2023 / The following abrdn U.S. Closed-End Funds 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, 2023 to all shareholders of record as of July 24, 2023 (ex-dividend date July 21, 2023). Ticker Exchange Fund Amount ACP NYSE abrdn Income Credit Strategies Fund $ 0.1000 AGD NYSE abrdn Global Dynamic Dividend Fund $ 0.0650 AOD NYSE abrdn Total Dynamic Dividend Fund $ 0.0575 ASGI NYSE abrdn Global Infrastructure Income Fund $ 0.1200 AWP NYSE abrdn Global Premier Properties Fund $ 0.0400 FAX NYSE American Abrdn Asia-Pacific Income Fund, Inc. $ 0.0275 FCO NYSE American abrdn Global Income Fund, Inc. $ 0.0700 VFL NYSE American abrdn National Municipal Income Fund $ 0.0325 At the end of each calendar year, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of each fund's distributions and provide information with respect to their appropriate tax treatment for the prior calendar year. |
accesswire.com |
2023-07-12 20:27:00 |
Czytaj oryginał (ang.) |
| FCO And BWG: A Swap Opportunity Presents Itself |
The abrdn Global Income Fund is showing signs of an unsustainable high distribution rate and a high premium, which could lead to poor results. The BrandywineGLOBAL - Global Income Opportunities Fund offers a more sustainable alternative for global fixed-income investments, despite an elevated distribution, due to its deep discount. The biggest risk to this swap is FCO remaining at its current high valuation or pushing even higher into premium territory, producing an opportunity cost if BWG stays at a deep discount and FCO rises. |
seekingalpha.com |
2023-07-10 21:31:37 |
Czytaj oryginał (ang.) |
| FCO: 50% Downside Is Possible In A Conservative Scenario |
Distributions at over 20% of NAV? No Problem. At least that is the current mantra, offset by more and more issuance of units to gullible shareholders. FCO has returned less than 0.5% on NAV over the last decade and the current setup looks worse than when we first covered the fund. |
seekingalpha.com |
2023-07-05 06:54:49 |
Czytaj oryginał (ang.) |
| Weekly Closed-End Fund Roundup: February 19, 2023 |
0 out of 22 closed-end fund sectors positive on price and 3 out of 22 sectors positive on NAV last week. KIO rights offering results. |
seekingalpha.com |
2023-03-01 12:59:14 |
Czytaj oryginał (ang.) |
| FCO: Clearly Unsustainable Yield |
FCO invests in global fixed-income securities to generate a high yield. The fund pays an attractive 14.7% forward distribution yield. |
seekingalpha.com |
2023-02-17 07:53:01 |
Czytaj oryginał (ang.) |
| FCO: Global Fixed Income Fund, 18% Yield |
FCO is a closed end fund from the Aberdeen family. The fund tends to invest in dollar debt from sovereign issuers and corporates. |
seekingalpha.com |
2022-11-25 00:40:50 |
Czytaj oryginał (ang.) |
| FCO: Losses Proceed On Schedule |
FCO was one of the easiest setups to identify as a strong sell. Yield chasing exercise had been taken to real extremes in this case. |
seekingalpha.com |
2022-08-16 17:23:19 |
Czytaj oryginał (ang.) |
| Certain abrdn U.S. Closed-end Funds Announce Name Changes |
PHILADELPHIA, PA / ACCESSWIRE / June 10, 2022 / The following abrdn U.S. Closed-End Funds (collectively, the "Funds") announced today that the Funds' respective boards have approved a name change for each of the Funds, to be effective June 30, 2022, as set forth below. The Funds' ticker symbols and CUSIPs are not changing. |
accesswire.com |
2022-06-10 20:17:00 |
Czytaj oryginał (ang.) |
| Aberdeen Global Income: 14.79% Distribution Achieves Terminal Velocity |
Aberdeen Global Income Fund has a hefty yield. The fund has not managed to deliver positive total returns. |
seekingalpha.com |
2022-05-16 02:44:35 |
Czytaj oryginał (ang.) |