Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Delaware Enhanced Global Dividend and Income Fund announces completion of reorganization into abrdn Global Dynamic Dividend Fund By: Delaware Enhanced Global Dividend and Income Fund via Business Wire March 13, 2023 at 07:39 AM EDT Today, Delaware Enhanced Global Dividend and Income Fund (the “Fund”), a New York Stock Exchange-listed closed-end fund trading under the symbol “DEX,” announced that the acquisition of substantially all of the assets of the Fund by abrdn Global Dynamic Dividend Fund (the “Acquiring Fund”), a New York Stock Exchange-listed closed-end fund trading under the symbol “AGD,” was completed on March 10, 2023 at approximately 5:00 pm ET (the “Reorganization”). Fund shareholders approved an Agreement and Plan of Acquisition that provided for the Reorganization at a Special Meeting of Shareholders held on December 12, 2022. Relevant details as of the closing of the Reorganization are as follows: FUND NAV/SHARE ($) CONVERSION RATIO abrdn Global Dynamic Dividend Fund 10.5040 N/A Delaware Enhanced Global Dividend and Income Fund 8.7778 0.835659 Any applicable fractional shares will be paid as cash-in-lieu to the applicable holder. The Reorganization was structured as a tax-free transaction. In early 2024, shareholders of the Fund will receive a Form 1099-DIV for the calendar year 2023 that will tell shareholders how to report Fund distributions for federal income tax purposes. The Fund will be de-listed from the New York Stock Exchange and dissolved. Questions regarding the exchange of shares of the Fund in connection with the Reorganization should be directed to 800 522-5465. Other than Macquarie Bank Limited ABN 46 008 583 542 (“Macquarie Bank”), any Macquarie Group entity noted in this press release is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these other Macquarie Group entities do not represent deposits or other liabilities of Macquarie Bank. Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these other Macquarie Group entities. In addition, if this press release relates to an investment, (a) the investor is subject to investment risk including possible delays in repayment and loss of income and principal invested and (b) none of Macquarie Bank or any other Macquarie Group entity guarantees any particular rate of return on or the performance of the investment, nor do they guarantee repayment of capital in respect of the investment. © 2023 Macquarie Management Holdings, Inc. View source version on businesswire.com: https://www.businesswire.com/news/home/20230313005463/en/Contacts Investors Computershare 866 437-0252 delawarefunds.com/closed-end Media Lee Lubarsky 347 302-3000 Lee.Lubarsky@macquarie.com Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Delaware Enhanced Global Dividend and Income Fund announces completion of reorganization into abrdn Global Dynamic Dividend Fund By: Delaware Enhanced Global Dividend and Income Fund via Business Wire March 13, 2023 at 07:39 AM EDT Today, Delaware Enhanced Global Dividend and Income Fund (the “Fund”), a New York Stock Exchange-listed closed-end fund trading under the symbol “DEX,” announced that the acquisition of substantially all of the assets of the Fund by abrdn Global Dynamic Dividend Fund (the “Acquiring Fund”), a New York Stock Exchange-listed closed-end fund trading under the symbol “AGD,” was completed on March 10, 2023 at approximately 5:00 pm ET (the “Reorganization”). Fund shareholders approved an Agreement and Plan of Acquisition that provided for the Reorganization at a Special Meeting of Shareholders held on December 12, 2022. Relevant details as of the closing of the Reorganization are as follows: FUND NAV/SHARE ($) CONVERSION RATIO abrdn Global Dynamic Dividend Fund 10.5040 N/A Delaware Enhanced Global Dividend and Income Fund 8.7778 0.835659 Any applicable fractional shares will be paid as cash-in-lieu to the applicable holder. The Reorganization was structured as a tax-free transaction. In early 2024, shareholders of the Fund will receive a Form 1099-DIV for the calendar year 2023 that will tell shareholders how to report Fund distributions for federal income tax purposes. The Fund will be de-listed from the New York Stock Exchange and dissolved. Questions regarding the exchange of shares of the Fund in connection with the Reorganization should be directed to 800 522-5465. Other than Macquarie Bank Limited ABN 46 008 583 542 (“Macquarie Bank”), any Macquarie Group entity noted in this press release is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these other Macquarie Group entities do not represent deposits or other liabilities of Macquarie Bank. Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these other Macquarie Group entities. In addition, if this press release relates to an investment, (a) the investor is subject to investment risk including possible delays in repayment and loss of income and principal invested and (b) none of Macquarie Bank or any other Macquarie Group entity guarantees any particular rate of return on or the performance of the investment, nor do they guarantee repayment of capital in respect of the investment. © 2023 Macquarie Management Holdings, Inc. View source version on businesswire.com: https://www.businesswire.com/news/home/20230313005463/en/Contacts Investors Computershare 866 437-0252 delawarefunds.com/closed-end Media Lee Lubarsky 347 302-3000 Lee.Lubarsky@macquarie.com
Today, Delaware Enhanced Global Dividend and Income Fund (the “Fund”), a New York Stock Exchange-listed closed-end fund trading under the symbol “DEX,” announced that the acquisition of substantially all of the assets of the Fund by abrdn Global Dynamic Dividend Fund (the “Acquiring Fund”), a New York Stock Exchange-listed closed-end fund trading under the symbol “AGD,” was completed on March 10, 2023 at approximately 5:00 pm ET (the “Reorganization”). Fund shareholders approved an Agreement and Plan of Acquisition that provided for the Reorganization at a Special Meeting of Shareholders held on December 12, 2022. Relevant details as of the closing of the Reorganization are as follows: FUND NAV/SHARE ($) CONVERSION RATIO abrdn Global Dynamic Dividend Fund 10.5040 N/A Delaware Enhanced Global Dividend and Income Fund 8.7778 0.835659 Any applicable fractional shares will be paid as cash-in-lieu to the applicable holder. The Reorganization was structured as a tax-free transaction. In early 2024, shareholders of the Fund will receive a Form 1099-DIV for the calendar year 2023 that will tell shareholders how to report Fund distributions for federal income tax purposes. The Fund will be de-listed from the New York Stock Exchange and dissolved. Questions regarding the exchange of shares of the Fund in connection with the Reorganization should be directed to 800 522-5465. Other than Macquarie Bank Limited ABN 46 008 583 542 (“Macquarie Bank”), any Macquarie Group entity noted in this press release is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these other Macquarie Group entities do not represent deposits or other liabilities of Macquarie Bank. Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these other Macquarie Group entities. In addition, if this press release relates to an investment, (a) the investor is subject to investment risk including possible delays in repayment and loss of income and principal invested and (b) none of Macquarie Bank or any other Macquarie Group entity guarantees any particular rate of return on or the performance of the investment, nor do they guarantee repayment of capital in respect of the investment. © 2023 Macquarie Management Holdings, Inc. View source version on businesswire.com: https://www.businesswire.com/news/home/20230313005463/en/
Investors Computershare 866 437-0252 delawarefunds.com/closed-end Media Lee Lubarsky 347 302-3000 Lee.Lubarsky@macquarie.com