abrdn U.S. Closed-End Funds Announce Results of Annual Meeting of Shareholders

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
[e-mail]

SOURCE: abrdn U.S. Closed-End Funds

View the original press release on accesswire.com


abrdn Income Credit Strategies Fund at the time of publication of the news with a raise of +0,14 % to 6,925USD on NYSE Arca stock exchange (17. Mai 2024, 00:40 Uhr).