PHILADELPHIA, PA / ACCESSWIRE / May 16, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP),(NYSE:AGD),(NYSE:AOD),(NYSE:ASGI),(NYSE:AWP),(NYSE:IFN),(NYSE:JEQ) and (NYSE American:FAX),(NYSE American:FCO),(NYSE American:IAF) and (NYSE American:AEF) announced they each held their Annual Meeting of Shareholders (the “Meetings”) on May 16, 2024. At the Meetings, shareholders of the respective Funds voted on the proposals set forth below:
abrdn Asia-Pacific Income Fund, Inc. (“FAX”)
As of the record date, April 1, 2024, FAX had outstanding 247,695,769 shares of common stock. 70.77% of outstanding common stock were voted representing a quorum.
To elect two Class III Directors to the Board of Directors:
|
Votes For |
Votes Against/Withheld |
Votes Abstained |
|
|
Radhika Ajmera |
163,879,977 |
8,332,394 |
3,078,521 |
|
Rahn Porter |
164,699,544 |
7,519,910 |
3,071,438 |
To approve the continuation of the term of one Director under the Corporate Governance Policies:
|
Votes For |
Votes Against/Withheld |
Votes Abstained |
|
|
P. Gerald Malone |
164,056,239 |
8,378,224 |
2,856,430 |
abrdn Global Income Fund, Inc. (“FCO”)
As of the record date, April 1, 2024, FCO had outstanding 13,410,279 shares of common stock. 61.78% of outstanding common stock were voted representing a quorum.
To elect two Class II Directors to the Board of Directors:
|
Votes For |
Votes Withheld |
Votes Abstained |
|
|
Rahn Porter |
8,060,174 |
114,868 |
109,469 |
|
Stephen Bird |
8,005,880 |
165,929 |
112,702 |
To approve the continuation of the term for one Director under the Corporate Governance Policies:
|
Votes For |
Votes Against/Withheld |
Votes Abstained |
|
|
P. Gerald Malone |
7,954,813 |
153,476 |
176,223 |
abrdn Australia Equity Fund, Inc. (“IAF”)
As of the record date, April 1, 2024, IAF had outstanding 26,617,133 shares of common stock. 74.73% of outstanding common stock were voted representing a quorum.
To elect two Class III Directors to the Board of Directors:
|
Votes For |
Votes Against/Withheld |
|
|
Stephen Bird |
17,795,398 |
2,096,404 |
|
Rahn Porter |
17,698,424 |
2,193,378 |
To approve the continuation of the terms for two Directors under the Corporate Governance Policies:
|
Votes For |
Votes Against/Withheld |
Votes Abstained |
|
|
P. Gerald Malone |
17,657,795 |
1,870,418 |
363,587 |
|
Moritz Sell |
17,663,062 |
1,862,661 |
366,079 |
abrdn Income Credit Strategies Fund (“ACP”)
As of the record date, April 1, 2024, ACP had outstanding 53,709,950 shares of common and preferred stock 76.22% of outstanding common and preferred stock were voted representing a quorum.
To elect one Class I Trustee to the Board of Trustees:
|
Votes For |
Votes Withheld |
|
|
John Sievwright |
38,730,927 |
2,208,283 |
abrdn Global Dynamic Dividend Fund (“AGD”)
As of the record date, April 1, 2024, AGD had outstanding 24,865,080 shares of common stock. 80% of the outstanding shares were voted at the Meeting representing a quorum.
To elect one Class I Trustee to the Board of Trustees:
|
Votes For |
Votes Withheld |
|
|
John Sievwright |
17,418,188 |
2,545,802 |
abrdn Total Dynamic Dividend Fund (“AOD”)
As of the record date, April 1, 2024, AOD had outstanding 105,430,998 shares of common stock. 83% of the outstanding shares were voted at the Meeting representing a quorum.
To elect one Class I Trustee to the Board of Trustees:
|
Votes For |
Votes Withheld |
|
|
John Sievwright |
78,328,053 |
9,592,698 |
abrdn Global Premier Properties Fund (“AWP”)
As of the record date, April 1, 2024, AWP had outstanding 85,407,951 shares of common stock. 71.72% of the outstanding shares were voted at the Annual Meeting representing a quorum.
To elect two Class I Trustee to the Board of Trustees:
|
Votes For |
Votes Withheld |
|
|
John Sievwright |
58,504,715 |
2,746,286 |
The India Fund, Inc. (“IFN”)
As of the record date, April 1, 2024, IFN had outstanding 31,056,300 shares of common stock. 66.04% of outstanding common stock were voted representing a quorum.
To elect two Class I Directors to the Board of Directors:
|
Votes For |
Votes Against |
Votes Abstained |
|
|
Alan Goodson |
19,464,297 |
891,704 |
152,952 |
|
Jeswald W. Salacuse |
19,296,459 |
1,045,033 |
167,461 |
To approve the continuation of the term for two Directors under the Corporate Governance Policies:
|
Votes For |
Votes Against |
Votes Abstained |
|
|
Luis F. Rubio |
19,438,202 |
900,643 |
170,108 |
|
Jeswald W. Salacuse |
19,333,158 |
1,004,610 |
171,185 |
abrdn Global Infrastructure Income Fund (“ASGI”)
As of the record date, April 1, 2024, ASGI had outstanding 25,206,605 shares of common stock. 86.54% of the outstanding shares were voted at the Meeting representing a quorum.
To elect two Class I Trustee to the Board of Trustees:
|
Votes For |
Votes Withheld |
|
|
Gordon A. Baird |
18,682,176 |
3,132,737 |
|
John Sievwright |
17,825,970 |
3,988,943 |
abrdn Japan Equity Fund, Inc. (“JEQ”)
As of the record date, April 1, 2024, JEQ had outstanding 13,848,329 shares of common stock. 83.96% of the outstanding shares were voted at the Meeting representing a quorum.
To elect one Class I Director to the Board of Directors:
|
Votes For |
Votes Withheld |
Votes Abstained |
|
|
Radhika Ajmera |
7,328,152 |
4,197,942 |
100,673 |
To elect one Class II Director to the Board of Directors:
|
Votes For |
Votes Withheld |
Votes Abstained |
|
|
Rose DiMartino |
10,611,609 |
913,625 |
101,533 |
To elect one Class III Director to the Board of Directors:
|
Votes For |
Votes Withheld |
Votes Abstained |
|
|
C. William Maher |
10,590,008 |
929,793 |
106,966 |
Abrdn Emerging Markets Equity Income Fund, Inc. (“AEF”)
As of the record date, April 1, 2024, there were 50,751,779 outstanding shares of the Fund. 88.1% of the outstanding shares were voted at the Meeting representing a quorum.
To re-elect two Class I Directors to the Board of Directors:
|
Votes For |
Votes Against |
Abstained |
|
|
Nancy Yao |
22,829,887 |
21,737,898 |
142,258 |
|
Rahn K. Porter |
22,849,446 |
21,709,363 |
151,234 |
To approve the continuation of the term for one Director under the Corporate Governance Policies:
|
Votes For |
Votes Against |
Votes Abstained |
|
|
Steven K. Rappaport |
22,762,740 |
21,739,665 |
207,637 |
In the United States, abrdn is the marketing name for the following affiliated, registered investment advisers: abrdn Inc., abrdn Investments Limited., abrdn Australia Limited, abrdn Asia Limited, Aberdeen Capital Management, LLC, and abrdn ETFs Advisors LLC.
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.
https://www.abrdn.com/en-us/cefinvestorcenter
# # #
For More Information Contact:
abrdn U.S. Closed-End Funds
Investor Relations
800-522-5465
[email protected]
SOURCE: abrdn U.S. Closed-End Funds
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