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

By: ACCESSWIRE

May 25, 2023 at 18:35 PM EDT

PHILADELPHIA, PA / ACCESSWIRE / May 25, 2023 / The following abrdn U.S. Closed-End Funds announced they each held their Annual Meeting of Shareholders (the "Meetings") on May 25, 2023. 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 10, 2023, FAX had outstanding 247,695,769 shares of common stock and 2,000,000 or private preferred stock. 70.00% of outstanding common stock and 90% of the outstanding private preferred stock were voted representing a quorum.

To elect one Class II Director to the Board of Directors:

	Votes For	Votes Against/Withheld	Votes Abstained
P. Gerald Malone	149,991,861	21,010,187	3,779,378

To approve the continuation of the term of one Director under the Corporate Governance Policies:

	Votes For	Votes Against/Withheld	Votes Abstained
William J. Potter	1,800,000	-	-

abrdn Global Income Fund, Inc. ("FCO")

As of the record date, April 10, 2023, FCO had outstanding 12,540,892 shares of common stock. 64% of outstanding common stock were voted representing a quorum.

To elect two Class I Directors to the Board of Directors:

	Votes For	Votes Withheld	Votes Abstained
P. Gerald Malone	7,692,327	202,639	154,442
Moritz Sell	7,687,033	207,839	154,536

To approve the continuation of the term for one Director under the Corporate Governance Policies:

	Votes For	Votes Against/Withheld	Votes Abstained
William J. Potter	7,684,894	211,437	153,077

abrdn Australia Equity Fund, Inc. ("IAF")

As of the record date, April 10, 2023, IAF had outstanding 25,469,348 shares of common stock. 72.82% of outstanding common stock were voted representing a quorum.

To elect two Class II Directors to the Board of Directors:

	Votes For	Votes Against/Withheld	Votes Abstained
Radhika Ajmera	13,806,779	4,741,419	-
P. Gerald Malone	13,808,161	4,740,038	-

To approve the continuation of the terms for two Directors under the Corporate Governance Policies:

	Votes For	Votes Against/Withheld	Votes Abstained
William J. Potter	13,858,888	4,689,310	-
Moritz Sell	14,824,905	3,723,293	-

abrdn Income Credit Strategies Fund ("ACP")

As of the record date, April 10, 2023, ACP had outstanding 52,075,560 shares of common stock and 1,600,000 shares of outstanding preferred stock. 81.73% of outstanding common stock and 64.92% of outstanding preferred stock were voted representing a quorum.

To elect one Class III Trustee to the Board of Trustees:

	Votes For	Votes Withheld
P. Gerald Malone	39,197,933	4,670,785

For Preferred Stock Only: To elect one Preferred Share Trustee to the Board of Directors:

	Votes For	Votes Against/Withheld
Randolph Takian	928,143	110,589

abrdn Global Dynamic Dividend Fund ("AGD")

As of the record date, April 10, 2023, AGD had outstanding 24,865,080 shares of common stock. 76.23% of the outstanding shares were voted at the Meeting representing a quorum.

To elect two Class III Trustee to the Board of Trustees:

	Votes For	Votes Withheld
Nancy Yao Maasbach	16,990,343	1,963,612
Stephen Bird	17,208,832	1,745,123

Aberdeen Total Dynamic Dividend Fund ("AOD")

As of the record date, April 10, 2023, AOD had outstanding 105,430,998 shares of common stock. 82.63% of the outstanding shares were voted at the Meeting representing a quorum.

To elect two Class III Trustee to the Board of Trustees:

	Votes For	Votes Withheld
Nancy Yao Maasbach	75,140,466	11,978,073
Stephen Bird	80,745,035	6,373,505

abrdn Global Premier Properties Fund ("AWP")

As of the record date, April 10, 2023, AWP had outstanding 85,407,951 shares of common stock. 73.09% of the outstanding shares were voted at the Annual Meeting representing a quorum.

To elect two Class III Trustee to the Board of Trustees:

	Votes For	Votes Withheld
Nancy Yao Maasbach	57,896,728	4,523,612
Stephen Bird	60,084,637	2,335,703

The India Fund, Inc. ("IFN")

As of the record date, April 10, 2023, IFN had outstanding 29,704,016 shares of common stock. 68% of outstanding common stock were voted representing a quorum.

To elect two Class II Directors to the Board of Directors:

	Votes For	Votes Against	Votes Abstained
Luis F. Rubio	19,209,091	751,368	359,438
Nisha Kumar	19,264,023	706,537	349,337

To approve the continuation of the term for one Director under the Corporate Governance Policies:

	Votes For	Votes Against	Votes Abstained
Jeswald W. Salacuse	19,178,293	768,369	373,235

abrdn Global Infrastructure Income Fund ("ASGI")

As of the record date, April 10, 2023, ASGI had outstanding 25,206,605 shares of common stock. 86.75% 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
Gordon A. Baird	20,070,026	1,795,899

To elect one Class II Trustee to the Board of Trustees:

	Votes For	Votes Withheld
Chris LaVictoire Mahai	20,043,344	1,822,581

To elect three Class III Trustees to the Board of Trustees:

	Votes For	Votes Withheld
Thomas W. Hunersen	20,046,049	1,819,876
Nancy Yao Maasbach	18,897,400	2,968,525
Stephen Bird	19,443,203	2,422,722

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, abrdn ETFs Advisors LLC and abrdn Alternative Funds Limited.

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.

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 source version on accesswire.com:
https://www.accesswire.com/757423/abrdn-US-Closed-End-Funds-Announce-Results-of-Annual-Meeting-of-Shareholders

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