abrdn National Municipal Income Fund Announces the Results of Annual Meeting of Shareholders

Rhea-AI Summary

abrdn National Municipal Income Fund (NYSE American:VFL) held its Annual Meeting of Shareholders on September 30, 2024. Shareholders voted to re-elect the Board of Trustees. As of the record date, August 6, 2024, the Fund had 12,278,003 outstanding common shares and 990 outstanding preferred shares. 82.83% of common shares and 100% of preferred shares were voted, representing a quorum.

The election results were as follows:

• Christian Pittard: 9,823,801 votes for, 346,551 votes against/withheld
• Todd Reit: 9,843,574 votes for, 326,778 votes against/withheld
• Nancy Yao (preferred only): 990 votes for
• C. William Maher (preferred only): 990 votes for

PHILADELPHIA, PA / ACCESSWIRE / September 30, 2024 / abrdn National Municipal Income Fund (the "Fund") (NYSE American:VFL) held its Annual Meeting of Shareholders (the "Meeting") on September 30, 2024. At the Meeting, shareholders of the Fund voted to re-elect the Board of Trustees.

As of the record date, August 6, 2024, the Fund had 12,278,003 outstanding common shares and 990 outstanding preferred shares. 82.83% of outstanding common shares and 100% of the outstanding preferred shares were voted representing a quorum.

The description of the proposal and number of shares voted at the Meeting are as follows:

Election of Trustees:

	Votes For	Votes Against/Withheld
Christian Pittard (common & preferred)	9,823,801	346,551
Todd Reit (common & preferred)	9,843,574	326,778
Nancy Yao (preferred only)	990	-
C. William Maher (preferred only)	990	-

Important Information

In the United States, abrdn is the marketing name for the following affiliated, registered investment advisers: abrdn Inc., abrdn Investments Limited, and abrdn Asia Limited.

Closed-end funds are traded on the secondary market through one of the stock exchanges. A Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that a Fund will achieve its investment objective. Past performance does not guarantee future results.

www.abrdnvfl.com/

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For More Information Contact:
abrdn U.S. Closed-End Funds
Investor Relations
800-522-5465
Investor.Relations@abrdn.com

SOURCE: abrdn National Municipal Income Fund

View the original press release on accesswire.com

FAQ

When was the Annual Meeting of Shareholders for abrdn National Municipal Income Fund (VFL) held?

The Annual Meeting of Shareholders for abrdn National Municipal Income Fund (VFL) was held on September 30, 2024.

What was the main outcome of the VFL Annual Meeting of Shareholders?

The main outcome was that shareholders voted to re-elect the Board of Trustees.

How many outstanding shares did VFL have as of the record date?

As of the record date (August 6, 2024), VFL had 12,278,003 outstanding common shares and 990 outstanding preferred shares.

What percentage of VFL shares were voted at the Annual Meeting?

82.83% of outstanding common shares and 100% of the outstanding preferred shares were voted, representing a quorum.

Who received the most votes for re-election to the VFL Board of Trustees?

Todd Reit received the most votes for re-election with 9,843,574 votes in favor.