Abrdn Global Dynamic Dividend Fund (AGD)

PHILADELPHIA, Dec. 9, 2025 /PRNewswire/ -- The following Aberdeen Investments U.S. Closed-End Funds (NYSE: ACP, AGD, AOD, ASGI, AWP, THQ, THW and NYSE American: AEF, FAX, FCO, VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on January 12, 2026 to all shareholders of record as of December 31, 2025 (ex-dividend date December 31, 2025).

Sydney, Australia--(Newsfile Corp. - November 12, 2025) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD; OTCQB: AGLDF) ("Austral" or the "Company"), an established gold producer, is pleased to announce that it has issued 7,789,471 fully paid ordinary shares of the Company (the "Shares") to one investor pursuant to the conversion of outstanding convertible notes (the "Notes"). The private placement of the Notes, originally announced on 10 October 2023, (which was subsequently completed as announced on 15 February 2024), had a principal amount of AUD$919,158 (approximately US$599,383 and CAD$841,949) and were convertible into ordinary shares of the Company at a price of AUD$0.118 (approximately US$0.077 and CAD$0.108) per share upon request by the holder of the Notes.

PHILADELPHIA , Nov. 11, 2025 /PRNewswire/ -- The following Aberdeen Investments U.S. Closed-End Funds (NYSE: ACP, AGD, AOD, ASGI, AWP, HQH, HQL, IFN, THQ, THW and NYSE American: FAX, FCO, IAF, VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on November 28, 2025 to all shareholders of record as of November 21, 2025 (ex-dividend date November 21, 2025). These dates apply to the Funds listed below with the exception of the abrdn Healthcare Investors (HQH), the abrdn Life Sciences Investors (HQL), the abrdn Australia Equity Fund, Inc. (IAF) and the India Fund, Inc. (IFN) which will pay on January 12, 2026, to all shareholders of record as of November 21, 2025 (ex-dividend date November 21, 2025).

PHILADELPHIA , Oct. 9, 2025 /PRNewswire/ -- The following Aberdeen Investments U.S. Closed-End Funds (NYSE: ACP, AGD, AOD, ASGI, AWP, THQ, THW and NYSE American: FAX, FCO, VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on October 31, 2025 to all shareholders of record as of October 24, 2025 (ex-dividend date October 24, 2025). Ticker Exchange Fund Amount ACP NYSE abrdn Income Credit Strategies Fund $   0.0775 AGD NYSE abrdn Global Dynamic Dividend Fund $   0.1100 AOD NYSE abrdn Total Dynamic Dividend Fund $   0.1000 ASGI NYSE abrdn Global Infrastructure Income Fund $   0.2100 AWP NYSE abrdn Global Premier Properties Fund $   0.0400 FAX NYSE American abrdn Asia-Pacific Income Fund, Inc. $   0.1650 FCO NYSE American abrdn Global Income Fund, Inc. $   0.0700 THQ NYSE abrdn Healthcare Opportunities Fund $   0.1800 THW NYSE abrdn World Healthcare Fund $   0.1167 VFL NYSE American abrdn National Municipal Income Fund $   0.0500 At the end of each calendar year, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of each fund's distributions and provide information with respect to their appropriate tax treatment for the prior calendar year.

Momentum in a stock or fund can be a bull market's best friend. But just because a low-volume fund can be manipulated higher, doesn't mean its fundamentals have improved. Take, for example, the abrdn Global Dynamic Dividend Fund, which has seen its valuation jump to a +16.6% premium over NAV, the highest in 15 years. But that comes at a cost since a buyer of AGD won't even get the 11.3% NAV yield the fund pays out. Instead, they only get a 9.7% current yield.

The abrdn Global Dynamic Dividend fund (AGD) and the abrdn Total Dynamic Dividend fund (AOD) have essentially the exact same portfolio and weightings. And yet AGD has gone parabolic at market price and now trades at a +13.6% premium while AOD trades at a -5.5% discount. That's almost a 20% valuation difference. Why is this important? Because CEFs tend to trade based on their market yields and AOD's current yield is +12.7% while AGD's is +10.0%. That 270 basis point difference is huge.

AGD has surged to decade-high valuations, now trading at a 6.86% premium to NAV, making it unattractive for new accumulation. The fund offers an enticing 11% yield, but its distributions often outpace earnings, relying on favorable market conditions for sustainability. AGD provides global diversification and consistent payouts, but capital appreciation is limited due to its income-focused strategy.

A year ago, I wrote an article questioning why abrdn would raise the distributions of two of their managed funds by a whopping 70%. Those two funds were AGD and AOD. After taking over management of the Alpine funds in 2018, the issuer sought to update AGD and AOD's strategy, and ultimately, make them more attractive to income investors. And one surefire way to do that in an inflationary world would be to adopt a 12% NAV distribution policy, which significantly boosted their current distribution levels.

We closed out the first half of 2025, making it an appropriate time to give the overall CEF space a fresh look for potential opportunities. As the broader equity indexes have been performing quite well, discounts in the CEF space have narrowed overall. The best relative value more broadly is in the municipal bond space and the "hybrid" funds.

The abrdn Global Dynamic Dividend Fund offers a high 12.45% yield, but its long-term real returns have lagged both peers and global equity indices. Despite strong income, AGD's portfolio is heavy in low-yield, high-valuation stocks, undermining its income-focused mandate and inflation protection. The fund now has a large position in MUFG, which could be well-positioned to profit from a shift to a multipolar banking world.

PHILADELPHIA , June 10, 2025 /PRNewswire/ -- The following Aberdeen Investments U.S. Closed-End Funds (NYSE: ACP, AGD, AOD, ASGI, AWP, THQ, THW and NYSE American: AEF, FAX, FCO, VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on June 30, 2025 to all shareholders of record as of June 23, 2025 (ex-dividend date June 23, 2025). Ticker Exchange Fund Amount ACP NYSE abrdn Income Credit Strategies Fund $   0.0775 AEF NYSE American Abrdn Emerging Markets ex-China Fund, Inc. $   0.1500 AGD NYSE abrdn Global Dynamic Dividend Fund $   0.1100 AOD NYSE abrdn Total Dynamic Dividend Fund $   0.0900 ASGI NYSE abrdn Global Infrastructure Income Fund $   0.2100 AWP NYSE abrdn Global Premier Properties Fund $   0.0400 FAX NYSE American abrdn Asia-Pacific Income Fund, Inc. $   0.1650 FCO NYSE American abrdn Global Income Fund, Inc. $   0.0700 THQ NYSE abrdn Healthcare Opportunities Fund $   0.1800 THW NYSE abrdn World Healthcare Fund $   0.1167 VFL NYSE American abrdn National Municipal Income Fund $   0.0500 FCO's shares are currently trading at a premium to net asset value.

10 out of 22 CEF sectors were positive on price and 5 out of 22 sectors were positive on NAV last week. Herzfeld Caribbean Basin Fund is jumping on the CLO bandwagon. CLM/CRF announces a rights offering.

AGD offers a high dividend yield of 14.5% and monthly distributions, making it attractive for income-focused investors, especially retirees. The fund's performance is heavily reliant on bullish market momentum, with recent declines creating a potential buying opportunity at a discount to NAV. AGD's portfolio is diversified globally, with significant exposure to technology, financials, and healthcare sectors, but lacks option strategies to mitigate volatility.

The abrdn Global Dynamic Dividend Fund offers a high yield of 12.94%, making it attractive for income-seeking investors amidst inflation concerns. The fund has a considerably higher yield than most of its peers, but the distribution was fully covered in the most recent year. The fund's increasing exposure to U.S. equities is a questionable decision given high domestic valuations and lower yields than available abroad.

PHILADELPHIA, PA / ACCESSWIRE / December 10, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:AGD, AOD, ASGI, AWP, THQ, THW and NYSE American:AEF, FAX, FCO, VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on January 10, 2025 to all shareholders of record as of December 30, 2024 (ex-dividend date December 30, 2024). Ticker Exchange Fund Amount AEF NYSE American abrdn Emerging Markets Equity Income Fund, Inc. $ 0.1000 AGD NYSE abrdn Global Dynamic Dividend Fund $ 0.1100 AOD NYSE abrdn Total Dynamic Dividend Fund $ 0.1000 ASGI NYSE abrdn Global Infrastructure Income Fund $ 0.2000 AWP NYSE abrdn Global Premier Properties Fund $ 0.0400 FAX NYSE American abrdn Asia-Pacific Income Fund, Inc. $ 0.1650 FCO NYSE American abrdn Global Income Fund, Inc. $ 0.0700 THQ NYSE abrdn Healthcare Opportunities Fund $ 0.1800 THW NYSE abrdn World Healthcare Fund $ 0.1167 VFL NYSE American abrdn National Municipal Income Fund $ 0.0500 At the end of each calendar year, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of each fund's distributions and provide information with respect to their appropriate tax treatment for the prior calendar year.

The abrdn Global Dynamic Dividend Fund offers an incredibly high yield for an equity fund, which may entice some investors. The fund has failed to match the performance of the S&P 500 Index or the MSCI World Index over the past three months, even when we consider the distributions. The fund claims to invest at least 40% of its assets internationally, but it is currently below that and its international diversification appears to be weakening.