on Abrdn U.S. Closed-End Funds (NASDAQ:AWP)
Abrdn U.S. Closed-End Funds Announces Distribution Details
The abrdn U.S. Closed-End Funds, trading under NYSE:ASGI and NYSE:THQ, have announced the payment of distributions to shareholders as of February 21, 2025. The distribution for ASGI is $0.1900 per share and for THQ, $0.1800.
The funds have established a policy to provide stable distributions from current income, capital gains, and paid-in capital. The exact source of distributions will align with U.S. tax rules at the fiscal year's end. Notably, ASGI and THQ have a fiscal year ending on September 30.
The ASGI fund distributed $0.1900 per share, mainly from long-term gains and return of capital. THQ's $0.1800 distribution was composed heavily of return of capital at 87%.
Investment performance shouldn't be inferred from distributions. The true value for shareholders is determined by market price, not just NAV.
R. H.
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