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abrdn Global Infrastructure Income Fund (ASGI) provides income-focused infrastructure investments through its closed-end fund structure. This news hub delivers official updates and analysis for investors tracking essential service assets across transportation, utilities, and energy sectors.
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Key updates cover asset acquisitions, income distribution details, and management strategy communications. Bookmark this page for direct access to primary source materials from ASGI’s income-generating infrastructure investments worldwide.
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abrdn U.S. Closed-End Funds (ASGI) announced distributions to shareholders on February 29, 2024. The Funds paid $0.1500 per share for abrdn Global Infrastructure Income Fund (ASGI), $0.1800 for abrdn Healthcare Opportunities Fund (THQ), and $0.1167 for abrdn World Healthcare Fund (THW). The distributions aim to provide stable income from current income, capital gains, and paid-in capital. The estimated sources of distributions include net investment income, short-term and long-term capital gains, and return of capital. Shareholders are cautioned that a return of capital does not reflect investment performance. The Funds' total return performance and distribution rates are also provided for investor reference.
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abrdn Global Infrastructure Income Fund (ASGI) has announced a 25% increase in its distribution rate, approval of a monthly managed distribution policy, and authorization of an open market share repurchase program. The Fund's Board of Trustees approved a managed distribution policy to pay monthly distributions at an annual rate of 9%. The Fund also introduced an open market share repurchase program, allowing it to purchase up to 10% of its outstanding common stock at a discount to NAV. Since its inception, ASGI has exhibited solid performance, exceeding the benchmark by 0.69% as of November 30, 2023. The Fund's calendar year-to-date NAV performance as of November 30, 2023, showcases a total return of 6.77%, and the share price has a total return of 10.67%, both outpacing the benchmark's total return of 1.56%.
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abrdn U.S. Closed-End Funds (ASGI) announced distributions on November 30, 2023. ASGI distributed $0.1200 per share, THQ distributed $0.1125, and THW distributed $0.1167. The funds adopted a distribution policy for stable distribution out of current income, supplemented by realized capital gains and paid-in capital. The estimated sources of the distributions and the Funds' total return performance are detailed in the PR.
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The abrdn U.S. Closed-End Funds announced the distributions paid on October 31, 2023, on a per share basis. The distribution policy aims to provide a stable distribution out of current income, supplemented by realized capital gains and paid-in capital. The estimated sources of the distributions include net investment income, net realized short-term and long-term gains, and return of capital. ASGI estimates a net deficit of $13,357,000.00 as of October 6, 2023.
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The Board of Trustees of several closed-end investment companies advised by First Trust Advisors, L.P. announces the proposed reorganization into the respective Acquiring Funds. The combination of the merging funds will help ensure the viability of certain Funds, increasing scale, liquidity, and marketability. Shareholders of each Acquiring Fund will experience an increase in assets under management. Each Reorganization is intended to be treated as a tax-free reorganization for U.S. federal income tax purposes.
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The abrdn Global Infrastructure Income Fund announced a distribution payment of $0.1200 per share to shareholders. The Fund aims to provide a stable distribution out of current income, supplemented by realized capital gains and paid-in capital. The estimated sources of the current distribution are net investment income (2.8%), net realized short-term gains (0.8%), net realized long-term gains (7.8%), and return of capital. The Fund's average annual total return on NAV for the 5-year period ending 06/30/2023 is 9.30%.
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abrdn Global Infrastructure Income Fund announces distribution payment details
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abrdn U.S. Closed-End Funds announced distribution payments on May 31, 2023. abrdn Global Infrastructure Income Fund paid $0.1200 per share, while abrdn Asia-Pacific Income Fund, Inc. paid $0.0275 per share. The distributions were made to all shareholders of record as of May 19, 2023.
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abrdn Global Infrastructure Income Fund
NYSE:ASGI
ASGI Rankings
ASGI Stock Data
539.52M
8.85M
0.01%
40.44%
0.18%
United States
Philadelphia