THE INDIA FUND, INC. (IFN) ANNOUNCES A 20% INCREASE TO ITS MANAGED DISTRIBUTION POLICY
Prnewswire·2025-12-09 21:30

PHILADELPHIA, Dec. 9, 2025 /PRNewswire/ -- The Board of Directors of The India Fund, Inc. (NYSE: IFN) has approved a 20% increase in the Fund's managed distribution policy. The fund will pay its quarterly distributions at an annualized rate of 12%, based on the average daily NAV of the previous three calendar months prior to the declaration date. The annualized rate had been 10% since the managed distribution policy was established in March 2018. According to James Thom, IFN's portfolio manager: "India's pr ...