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
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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 U.S. Closed-End Funds
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