The India Fund, Inc. is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of India. It seeks to invest in stocks of small-cap, mid-cap, and large-cap companies. The fund employs a quantitative and fundamental analysis with a bottom-up stock picking and asset allocation approach to create its portfolio. It benchmarks the performance of its portfolio against the IFC Investable India Index. The India Fund, Inc. was formed on December 27, 1993 and is domiciled in the Singapore.
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PHILADELPHIA, Dec. 30, 2020 /PRNewswire/ -- The India Fund, Inc. (NYSE: IFN) (the "Fund"), a closed-end equity fund, today announced that it paid on December 30, 2020, a distribution of US$0.50 per share to all shareholders of record as of December 21, 2020 (ex-dividend date December 18, 2020). The Fund's distribution policy (the "Distribution Policy") is to pay quarterly distributions at an annual rate, set once a year, that is a percentage of the average daily NAV for the previous three months as of the month-end prior to declaration. In February 2020, the Board determined the rolling distribution rate to continue to be 10% for the 12-month period commencing with the distribution paya
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PHILADELPHIA, PA / ACCESSWIRE / August 9, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP)(NYSE:ASGI)(NYSE:AWP)(NYSE:HQH)(NYSE:HQL)(NYSE:IFN)(NYSE:JEQ)(NYSE:THQ)(NYSE:THW)(NYSE:FAX)(NYSE:FCO)(NYSE:IAF)(NYSE:VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on August 30, 2024 to all shareholders of record as of August 23, 2024 (ex-dividend date August 23, 2024). 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), the India Fund, Inc. (IFN) and the abrdn Japan Equi
PHILADELPHIA, PA / ACCESSWIRE / May 20, 2024 / The India Fund, Inc. (NYSE:IFN), announced today that it will pay $0.45 on a per share basis on July 5, 2024 to all shareholders of record as of May 30, 2024 (ex-dividend date May 30, 2024). For The India Fund, Inc. ("IFN"), this stock distribution will automatically be paid in newly issued shares of the Fund unless otherwise instructed by the shareholder.TickerExchangeFundAmountIFNNYSEThe India Fund, Inc.$ 0.45At the end of each calendar year, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of the Fund's distributions and provide information with respect to their appropriate tax treatment for the prior
PHILADELPHIA, PA / ACCESSWIRE / May 16, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP),(NYSE:AGD),(NYSE:AOD),(NYSE:ASGI),(NYSE:AWP),(NYSE:IFN),(NYSE:JEQ) and (NYSE:FAX),(NYSE:FCO),(NYSE:IAF) and (NYSE:AEF) announced they each held their Annual Meeting of Shareholders (the "Meetings") on May 16, 2024. 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 1, 2024, FAX had outstanding 247,695,769 shares of common stock. 70.77% of outstanding common stock were voted representing a quorum.To elect two Class III Directors to the Board of Directors: Votes ForVotes Against/Wit
PHILADELPHIA, PA / ACCESSWIRE / May 15, 2024 / The India Fund, Inc. (NYSE:IFN) (the "Fund"), a closed-end fund, announced today the successful completion of its transferable rights ("Rights") offering (the "Offer"). The Offer commenced on April 19, 2024, and expired on May 14, 2024 (the "Expiration Date").The Offer entitled Rights holders to subscribe for shares of the Fund's common stock of beneficial interest, par value $0.001 per share ("Common Stock"). The final subscription price was $17.75 per share of Common Stock and was determined based upon 93% of the Fund's net asset value ("NAV") per share of Common Stock at the close of trading on the New York Stock Exchange ("NYSE") on the Expi
PHILADELPHIA, PA / ACCESSWIRE / April 8, 2024 / The Board of Directors (the "Board") of The India Fund, Inc. (NYSE:IFN) (the "Fund"), a closed-end fund, has approved the terms of the issuance of transferable rights ("Rights") to the holders of the Fund's common stock (the "Common Stockholders") of beneficial interest ("Common Stock") as of the record date, entitling the holders of those Rights to subscribe for Common Stock (the "Offer"). The Board, based on the recommendations and presentations of abrdn Asia Limited, the Fund's investment manager (the "Manager"), and others, has determined that it is in the best interests of the Fund and the Common Stockholders to conduct the Offer and seek
This release provides an update to the performance tables regarding the IAF Estimated Amounts of Current Distribution per Share and Estimated Amounts of Fiscal Year to Date Cumulative Distributions per SharePHILADELPHIA, PA / ACCESSWIRE / February 13, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP),(NYSE:AGD),(NYSE:AOD),(NYSE:ASGI),(NYSE:AWP),(NYSE:IFN),(NYSE:JEQ) and (NYSE:FAX),(NYSE:FCO),(NYSE:IAF),(NYSE:THW),(NYSE:VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on February 29, 2024 to all shareholders of record as of February 22, 2024 (ex-dividend date February 21, 2024). These dates apply to
PHILADELPHIA, PA / ACCESSWIRE / February 9, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP),(NYSE:AGD),(NYSE:AOD),(NYSE:ASGI),(NYSE:AWP),(NYSE:IFN),(NYSE:JEQ) and (NYSE:FAX),(NYSE:FCO),(NYSE:IAF),(NYSE:THW),(NYSE:VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on February 29, 2024 to all shareholders of record as of February 22, 2024 (ex-dividend date February 21, 2024). These dates apply to the Funds listed below with the exception of the abrdn Australia Equity Fund, Inc. (IAF), the India Fund, Inc. (IFN) and the abrdn Japan Equity Fund, Inc. (JEQ) which will pay on March 28, 2024, to all share
PHILADELPHIA, PA / ACCESSWIRE / May 26, 2022 / The following abrdn U.S. Closed-End Funds announced they each held their Annual Meeting of Shareholders (the "Meetings") on May 26, 2022. At the Meetings, shareholders of the respective Funds voted on the proposals set forth below:The India Fund, Inc. ("IFN")As of the record date, April 11, 2022, IFN had outstanding 27,317,259 shares of common stock. 67.77% of outstanding common stock were voted representing a quorum.To elect two Class III Directors to the Board of Directors: Votes ForVotes WithheldVotes AbstainedHugh Young17,271,6501,020,513219,861Nancy Yao Maasbach17,365,100944,407202,516To approve the continuation of Term for three Directors
Aberdeen Standard Global Infrastructure Income Fund ("ASGI")Aberdeen Asia-Pacific Income Fund, Inc. ("FAX")Aberdeen Australia Equity Fund, Inc. ("IAF")The India Fund, Inc. ("IFN")Aberdeen Japan Equity Fund, Inc. ("JEQ")PHILADELPHIA, PA / ACCESSWIRE / March 31, 2022 / The above-noted abrdn U.S. Closed-End Funds (the "Funds" or individually the "Fund"), today announced that the Funds paid the distributions noted in the table below on March 31, 2022, on a per share basis to all shareholders of record as of March 24, 2022 (ex-dividend date March 23, 2022). These dates apply to the Funds listed below with the exception of the Aberdeen Australia Equity Fund, Inc. (IAF) which paid the distribution
PHILADELPHIA, PA / ACCESSWIRE / March 9, 2022 / The India Fund, Inc. (NYSE:IFN) (the "Fund"), a closed-end equity fund, announced today that it will pay a distribution of US$0.58 per share on March 31, 2022 to all stockholders of record as of March 24, 2022 (ex-dividend date March 23, 2022).The Fund's distribution policy (the "Distribution Policy") is to pay quarterly distributions at an annual rate, set once a year, that is a percentage of the average daily NAV for the previous three months as of the month-end prior to declaration. In February 2022, the Board determined the rolling distribution rate to continue to be 10% for the 12-month period commencing with the distribution payable in Ma
PHILADELPHIA, PA / ACCESSWIRE / August 9, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP)(NYSE:ASGI)(NYSE:AWP)(NYSE:HQH)(NYSE:HQL)(NYSE:IFN)(NYSE:JEQ)(NYSE:THQ)(NYSE:THW)(NYSE:FAX)(NYSE:FCO)(NYSE:IAF)(NYSE:VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on August 30, 2024 to all shareholders of record as of August 23, 2024 (ex-dividend date August 23, 2024). 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), the India Fund, Inc. (IFN) and the abrdn Japan Equi
PHILADELPHIA, PA / ACCESSWIRE / May 20, 2024 / The India Fund, Inc. (NYSE:IFN), announced today that it will pay $0.45 on a per share basis on July 5, 2024 to all shareholders of record as of May 30, 2024 (ex-dividend date May 30, 2024). For The India Fund, Inc. ("IFN"), this stock distribution will automatically be paid in newly issued shares of the Fund unless otherwise instructed by the shareholder.TickerExchangeFundAmountIFNNYSEThe India Fund, Inc.$ 0.45At the end of each calendar year, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of the Fund's distributions and provide information with respect to their appropriate tax treatment for the prior
PHILADELPHIA, PA / ACCESSWIRE / May 16, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP),(NYSE:AGD),(NYSE:AOD),(NYSE:ASGI),(NYSE:AWP),(NYSE:IFN),(NYSE:JEQ) and (NYSE:FAX),(NYSE:FCO),(NYSE:IAF) and (NYSE:AEF) announced they each held their Annual Meeting of Shareholders (the "Meetings") on May 16, 2024. 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 1, 2024, FAX had outstanding 247,695,769 shares of common stock. 70.77% of outstanding common stock were voted representing a quorum.To elect two Class III Directors to the Board of Directors: Votes ForVotes Against/Wit
This release provides an update to the performance tables regarding the IAF Estimated Amounts of Current Distribution per Share and Estimated Amounts of Fiscal Year to Date Cumulative Distributions per SharePHILADELPHIA, PA / ACCESSWIRE / February 13, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP),(NYSE:AGD),(NYSE:AOD),(NYSE:ASGI),(NYSE:AWP),(NYSE:IFN),(NYSE:JEQ) and (NYSE:FAX),(NYSE:FCO),(NYSE:IAF),(NYSE:THW),(NYSE:VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on February 29, 2024 to all shareholders of record as of February 22, 2024 (ex-dividend date February 21, 2024). These dates apply to
PHILADELPHIA, PA / ACCESSWIRE / February 9, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP),(NYSE:AGD),(NYSE:AOD),(NYSE:ASGI),(NYSE:AWP),(NYSE:IFN),(NYSE:JEQ) and (NYSE:FAX),(NYSE:FCO),(NYSE:IAF),(NYSE:THW),(NYSE:VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on February 29, 2024 to all shareholders of record as of February 22, 2024 (ex-dividend date February 21, 2024). These dates apply to the Funds listed below with the exception of the abrdn Australia Equity Fund, Inc. (IAF), the India Fund, Inc. (IFN) and the abrdn Japan Equity Fund, Inc. (JEQ) which will pay on March 28, 2024, to all share
Aberdeen Standard Global Infrastructure Income Fund ("ASGI")Aberdeen Asia-Pacific Income Fund, Inc. ("FAX")Aberdeen Australia Equity Fund, Inc. ("IAF")The India Fund, Inc. ("IFN")Aberdeen Japan Equity Fund, Inc. ("JEQ")PHILADELPHIA, PA / ACCESSWIRE / March 31, 2022 / The above-noted abrdn U.S. Closed-End Funds (the "Funds" or individually the "Fund"), today announced that the Funds paid the distributions noted in the table below on March 31, 2022, on a per share basis to all shareholders of record as of March 24, 2022 (ex-dividend date March 23, 2022). These dates apply to the Funds listed below with the exception of the Aberdeen Australia Equity Fund, Inc. (IAF) which paid the distribution
PHILADELPHIA, PA / ACCESSWIRE / March 9, 2022 / The India Fund, Inc. (NYSE:IFN) (the "Fund"), a closed-end equity fund, announced today that it will pay a distribution of US$0.58 per share on March 31, 2022 to all stockholders of record as of March 24, 2022 (ex-dividend date March 23, 2022).The Fund's distribution policy (the "Distribution Policy") is to pay quarterly distributions at an annual rate, set once a year, that is a percentage of the average daily NAV for the previous three months as of the month-end prior to declaration. In February 2022, the Board determined the rolling distribution rate to continue to be 10% for the 12-month period commencing with the distribution payable in Ma
PHILADELPHIA, PA / ACCESSWIRE / March 4, 2022 / Please see below for links to each of the abrdn U.S. closed-end funds monthly factsheets including performance and portfolio composition as of January 31, 2022.Equity FundsAberdeen Australia Equity Fund, Inc. ("IAF") FactsheetAberdeen Emerging Markets Equity Income Fund, Inc. ("AEF") FactsheetAberdeen Global Dynamic Dividend Fund ("AGD") FactsheetAberdeen Japan Equity Fund, Inc. ("JEQ") FactsheetAberdeen Standard Global Infrastructure Income Fund ("ASGI") FactsheetAberdeen Total Dynamic Dividend Fund ("AOD") FactsheetThe India Fund, Inc. ("IFN") FactsheetFixed Income FundsAberdeen Asia-Pacific Income Fund, Inc. ("FAX") FactsheetAberdeen Global
PHILADELPHIA, PA / ACCESSWIRE / February 4, 2022 / Please see below for links to each of the abrdn U.S. closed-end funds monthly factsheets including performance and portfolio composition as of December 31, 2021.Equity FundsAberdeen Australia Equity Fund, Inc. ("IAF") FactsheetAberdeen Emerging Markets Equity Income Fund, Inc. ("AEF") FactsheetAberdeen Global Dynamic Dividend Fund ("AGD") FactsheetAberdeen Japan Equity Fund, Inc. ("JEQ") FactsheetAberdeen Standard Global Infrastructure Income Fund ("ASGI") FactsheetAberdeen Total Dynamic Dividend Fund ("AOD") FactsheetThe India Fund, Inc. ("IFN") FactsheetFixed Income FundsAberdeen Asia-Pacific Income Fund, Inc. ("FAX") FactsheetAberdeen Glo
PHILADELPHIA, PA / ACCESSWIRE / January 31, 2022 / The India Fund, Inc. (NYSE:IFN) (the "Fund"), a closed-end equity fund, announced today that it paid on January 31, 2022, a distribution of $0.80 per share to shareholders of record at the close of business on December 20, 2021.As previously announced, the distribution was payable in shares of the Fund's common stock. However, stockholders had the option to request that their distributions be paid in cash in lieu of shares of the Fund's common stock. For purposes of computing the stock portion of the dividend, the common stock distributed was valued at $21.77 per share, which equaled the average closing price of the Fund's common shares on t
Wednesday marks the last chance for investors to receive the next dividend payout from India Fund (NYSE:IFN). What's Happening The company announced on Tuesday that it would pay shareholders a quarterly dividend of 39 cents per share. On Thursday, India Fund will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 39 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own IFN as of the end of Wednesday's session are eligible to receive the 39 cents dividend payout
During Tuesday, 95 stocks hit new 52-week lows. Areas of Interest About Today's 52-Week Lows: The largest company by market cap to hit a new 52-week low was Wipro (NYSE:WIT). Kiromic BioPharma (NASDAQ:KRBP) was the smallest firm by market cap to set a new 52-week low. Monopar Therapeutics (NASDAQ:MNPR)'s stock came under the most pressure, trading down 50.09% to reach a new 52-week low. Athira Pharma (NASDAQ:ATHA) shares rebounded the highest, with shares trading up 0.0%, bouncing back after reaching its new 52-week low. Here is a list of stocks that set new 52-week lows on Tuesday: Wipro (NYSE:WIT) shares made a new 52-week low of $4.35 on Tuesday. The stock was down 1.58% fo
On Friday, 469 companies hit new 52-week lows. Noteworthy Points From Today's 52-Week Lows: The largest company by market cap to set a new 52-week low was Bank of America (NYSE:BAC). TC BioPharm (Holdings) (NASDAQ:TCBP) was the smallest firm by market cap to set a new 52-week low. Silvergate Capital (NYSE:SI) made the largest move down on the session, with shares plummeting 74.5% to reach its 52-week low. BlackRock TCP Cap (NASDAQ:TCPC) saw the biggest bounce back on, as shares traded up 0.0% to rebound after it hit its new 52-week low. On Friday, the following stocks hit new 52-week lows: Bank of America (NYSE:BAC) stock hit a yearly low of $26.32. The stock was down 2.21% fo
On Wednesday, 258 companies hit new 52-week lows. Noteworthy Mentions In Today's 52-Week Lows: Amazon.com (NASDAQ:AMZN) was the largest firm on a market cap basis to set a new 52-week low. The smallest company by market cap to set a new 52-week low was Nuwellis (NASDAQ:NUWE). Alset (NASDAQ:AEI) shares traded down 1725.45% to reach its 52-week low, making it the biggest loser. Roku (NASDAQ:ROKU) shares bounced back the most, actually rising 0.0% after hiting a new 52-week low. The following stocks set new 52-week lows on Wednesday: Amazon.com (NASDAQ:AMZN) shares made a new 52-week low of $82.04 on Wednesday. The stock was up 0.13% for the day. Tesla (NASDAQ:TSLA) stock drifte
On Thursday, 241 companies hit new 52-week lows. Significant Points From Today's 52-Week Lows: The largest company by market cap to set a new 52-week low was Tesla (NASDAQ:TSLA). Versus Systems (NASDAQ:VS) was the smallest company by market cap to set a new 52-week low. Third Harmonic Bio (NASDAQ:THRD)'s stock traded down the lowest, falling 75.68% to reach a new 52-week low. VirTra (NASDAQ:VTSI) saw the sharpest rebound, as shares ascended 0.0%, reversing after hiting a new 52-week low. On Thursday, the following stocks hit new 52-week lows: Tesla (NASDAQ:TSLA) stock hit a new 52-week low of $153.28. The stock was up 1.08% on the session. M&T Bank (NYSE:MTB) shares moved dow
On Tuesday, 951 companies hit new 52-week lows. Interesting Highlights From Today's 52-Week Lows: Microsoft (NASDAQ:MSFT) was the biggest company on a market cap basis to set a new 52-week low. Saverone 2014 (NASDAQ:SVRE) was the smallest company in terms of market cap to set a new 52-week low. SeaChange International (NASDAQ:SEAC) was the biggest loser, trading down 38.65% to reach its 52-week low. Prospect Capital (NASDAQ:PSEC)'s stock bounced back the most, actually rising 0.0% after reaching its new 52-week low. On Tuesday, the following stocks set new 52-week lows: Microsoft (NASDAQ:MSFT) shares set a new yearly low of $241.52 this morning. The stock was up 0.08% on the s
On Monday, 524 stocks hit new 52-week lows. Areas of Interest About Today's 52-Week Lows: The largest company by market cap to set a new 52-week low was Taiwan Semiconductor (NYSE:TSM). ThermoGenesis Holdings (NASDAQ:THMO) was the smallest, in terms of market cap, to set a new 52-week low. Incannex Healthcare (NASDAQ:IXHL)'s stock made the biggest move downwards, diving 18.56% to reach a new 52-week low. On Monday, the following stocks broke to new 52-week lows: Taiwan Semiconductor (NYSE:TSM) shares set a new yearly low of $100.78 this morning. The stock was down 3.51% on the session. JPMorgan Chase (NYSE:JPM) stock dropped to a yearly low on Monday of $129.24. Shares trad