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
Investor.Relations@abrdn.com
SOURCE: abrdn U.S. Closed-End Funds
View the original
press release on accesswire.com