Aberdeen Total Dynamic Dividend Fund Announces Monthly Distribution

Rhea-AI Summary

Aberdeen Total Dynamic Dividend Fund (NYSE: AOD) will distribute US $0.0575 per share on January 8, 2021, to shareholders of record by December 31, 2020, with an ex-dividend date of December 30, 2020. A Form 1099-DIV will later provide detailed tax information on these distributions. Investors should note that the distribution amount should not be seen as a reflection of the fund’s investment performance. Closed-end funds trade on secondary markets, with shares potentially valued above or below net asset value.

Positive

• Monthly distribution of $0.0575 per share increases shareholder income.
• Provides shareholders with detailed tax information through Form 1099-DIV.

Negative

• No assurance of achieving investment objectives; investment returns may fluctuate.
• Past performance does not guarantee future results.

PHILADELPHIA, Dec. 9, 2020 /PRNewswire/ -- Aberdeen Total Dynamic Dividend Fund (NYSE: AOD) (the "Fund"), a closed-end fund, announced today that it will pay a distribution of US $0.0575 per share on January 8, 2021 to all shareholders of record as of December 31, 2020 (ex-dividend date December 30, 2020).

In January 2021, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of distributions and provide information with respect to their appropriate tax treatment for the 2020 calendar year.                                                                                                                                                

You should not draw any conclusions about the Fund's investment performance from the amount of this distribution. 

In the United States, Aberdeen Standard Investments is the marketing name for the following affiliated, registered investment advisers:  Aberdeen Standard Investments Inc., Aberdeen Asset Managers Ltd., Aberdeen Standard Investments Australia Ltd., Aberdeen Standard Investments (Asia) Ltd., Aberdeen Capital Management, LLC, Aberdeen Standard Investments ETFs Advisors LLC and Aberdeen Standard Alternative Funds Limited.

Closed-end funds are traded on the secondary market through one of the stock exchanges. The 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 the Fund will achieve its investment objective. Past performance does not guarantee future results.

If you wish to receive this information electronically, please contact Investor.Relations@aberdeenstandard.com

aberdeenaod.com

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SOURCE Aberdeen Total Dynamic Dividend Fund

FAQ

What is the distribution amount for AOD in January 2021?

The distribution amount for AOD is $0.0575 per share.

When is the ex-dividend date for AOD?

The ex-dividend date for AOD is December 30, 2020.

When will AOD distribute its dividends?

AOD will distribute its dividends on January 8, 2021.

What should shareholders know about the 1099-DIV for AOD?

Shareholders will receive a Form 1099-DIV detailing distribution amounts and tax treatment.