Core Points - The abrdn National Municipal Income Fund held its Annual Meeting of Shareholders on September 30, 2025, where shareholders voted to re-elect the Board of Trustees [1] - As of August 5, 2025, the Fund had 12,278,003 outstanding common shares and 990 outstanding preferred shares, with 84.21% of common shares and 100% of preferred shares voted, indicating a quorum [2] - The election results for the Trustees showed significant support, with Christian Pittard receiving 9,959,301 votes for and 381,001 against, and Todd Reit receiving 10,036,064 votes for and 304,238 against [2] Fund Trading Dynamics - The trading value of closed-end fund stocks is influenced by external market factors, which are beyond the control of the Fund's Board or Investment Advisor [3] - Closed-end fund shares may trade at a premium or discount to net asset value, and shareholders should be aware that a premium may not be sustainable [3] - The investment return and principal value of closed-end funds can fluctuate, meaning shares may be worth more or less than the original cost [3]
ABRDN NATIONAL MUNICIPAL INCOME FUND ANNOUNCES THE RESULTS OF ANNUAL MEETING OF SHAREHOLDERS
Prnewswire·2025-09-30 22:03