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

The abrdn U.S. Closed-End Funds, trading under the symbols ASGI, THQ, and THW, declared their distributions on February 29, 2024, for shareholders on record as of February 22, 2024. The distributions vary across the funds, with ASGI at $0.1500, THQ at $0.1800, and THW at $0.1167 per share. This approach aligns with each fund's policy aimed at providing investors with consistent payouts from income and realized capital gains.

Estimated sources for the current month and the fiscal year to date distributions highlight a blend of net investment income, short-term gains, and return of capital. Notably, a significant portion of THQ and THW’s distributions is categorized under the return of capital. This detail signals that these funds have distributed amounts surpassing their income and capital gains, impacting shareholder capital.

Performance details reveal differing annualized distribution rates and total returns on net asset value (NAV) across the funds, hinting at unique investment strategies. These payouts, while reflective of the funds' operational strategies, are not final indicators of tax liabilities or overall investment performance. Such distributions may affect the fund's market price and net asset value.

The funds emphasize that distribution estimates are provisional and subject to change, influencing tax reporting and investment value. The final determination of distribution sources will be confirmed at the fiscal year-end, crucial for accurate tax filing and understanding the distribution's impact on investment.