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

    5/16/24 7:35:00 PM ET
    $ACP
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    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:FAX),(NYSE:FCO),(NYSE:IAF) and (NYSE: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



    View the original press release on accesswire.com

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