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

PHILADELPHIA, PA / ACCESSWIRE / June 28, 2024 / The abrdn U.S. Closed-End Funds today announced that the Funds paid distributions on June 28, 2024. Shareholders of record as of June 21, 2024, received the payments, except for some Funds, which adhered to different record dates. The distribution payments per share vary across Funds.

abrdn Healthcare Investors (HQH) and others have a policy of issuing stock distributions in new shares unless shareholders opt for cash. The reinvestment prices were determined based on NAV or market price with a floor for the NAV.

Under U.S. tax rules, the final amount and character of distributable income are determined at the fiscal year-end. Estimated sources of the distributions have been provided, which include net investment income, capital gains, and return of capital. Shareholders receive Form 1099-DIV after year-end for tax purposes.

The Funds' board holds the right to amend, suspend, or terminate the distribution policy at any time. Investors are advised to consult tax advisors regarding federal, state, and local tax considerations.