PHILADELPHIA, July 31, 2018 /PRNewswire/ -- Aberdeen Global Premier Properties Fund (NYSE: AWP) (the
"Fund"), a closed-end fund, today announced that it paid on July 31, 2018, a distribution of US
$0.05 per share to all shareholders of record as of July 23,
2018.
The Fund changed its name from Alpine Global Premier Properties Fund to Aberdeen Global Premier Properties Fund effective
May 7, 2018 and continues to trade on the NYSE under the symbol "AWP".
Your Fund's distribution policy is to provide investors with a stable monthly distribution out of current income, supplemented
by realized capital gains and, to the extent necessary, paid-in capital (the "Distribution Policy").
Under U.S. tax rules applicable to the Fund, the amount and character of distributable income for each fiscal year can be
finally determined only as of the end of the Fund's fiscal year. However, under Section 19 of the Investment Company Act of 1940,
as amended (the "1940 Act") and related Rules, the Fund may be required to indicate to shareholders the source of certain
distributions to shareholders.
The following table sets forth the estimated amounts of the sources of the distribution for purposes of Section 19 of the 1940
Act and the Rules adopted thereunder. The table has been computed based on generally accepted accounting principles. The
table includes estimated amounts and percentages for this distribution and for the cumulative distributions paid relating to
fiscal year to date (11/01/2017 - 06/30/2018), from the following sources: net investment income;
net realized short-term capital gains; net realized long-term capital gains; and return of capital. The estimated
composition of the distributions may vary from month to month because the estimated composition may be impacted by future income,
expenses and realized gains and losses on securities and currencies.
|
Estimated Amounts of Current Monthly Distribution per share ($)
|
Estimated Amounts of Current Monthly Distribution per share (%)
|
Estimated Amounts of Fiscal Year to Date Cumulative Distributions per share
($)
|
Estimated Amounts of Fiscal Year to Date Cumulative Distributions per share
(%)
|
Net Investment Income
|
$0.0163
|
33%
|
$0.1466
|
33%
|
Net Realized Short-Term Capital Gains*
|
-
|
-
|
-
|
-
|
Net Realized Long-Term Capital Gains
|
-
|
-
|
-
|
-
|
Return of Capital
|
$0.0337
|
67%
|
$0.3034
|
67%
|
Total (per common share)
|
$0.0500
|
100%
|
$0.4500
|
100%
|
*includes currency gains
The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution
may be a return of capital. A return of capital may occur for example, when some or all of the money that you invested in the
Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and
should not be confused with "yield" or "income."
Shareholders should not draw any conclusions about the Fund's investment performance from the amount of the Fund's current
distributions.
The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax
reporting purposes. The final determination of the source of all distributions in 2018 will be made after year-end. The actual
amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the
remainder of the fiscal year and may be subject to change based on tax regulations. The Fund will send you a Form 1099-DIV for
the calendar year that will tell you how to report these distributions for federal income tax purposes.
Circular 230 disclosure: To ensure compliance with requirements imposed by the U.S. Treasury, we
inform you that any U.S. tax advice contained in this communication (including any attachments) is not intended or written to be
used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing
or recommending to another party any transaction or matter addressed herein.
Aberdeen Standard Investments is a brand of the investment businesses of Aberdeen Asset Management and Standard Life
Investments. In the United States, Aberdeen Standard Investments is the marketing name for the
following affiliated, registered investment advisers: Aberdeen Asset Management Inc., Aberdeen Asset Managers Ltd., Aberdeen
Asset Management Ltd., Aberdeen Asset Management Asia Ltd., Aberdeen Asset Capital Management, LLC, Standard Life Investments
(Corporate Funds) Ltd., and Standard Life Investments (USA) Ltd.
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 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
aberdeenawp.com
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SOURCE Aberdeen Global Premier Properties Fund