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

    5/26/22 5:00:00 PM ET
    $IFN
    Finance/Investors Services
    Finance
    Get the next $IFN alert in real time by email

    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 For

    Votes Withheld

    Votes Abstained

    Hugh Young

    17,271,650

    1,020,513

    219,861

    Nancy Yao Maasbach

    17,365,100

    944,407

    202,516

    To approve the continuation of Term for three Directors under the Corporate Governance Policies:

    Votes For

    Votes Against/Withheld

    Votes Abstained

    Jeswald Salacuse

    17,444,681

    859,316

    208,028

    Luis Rubio

    17,452,798

    854,294

    204,931

    Hugh Young

    17,313,703

    993,573

    204,747

    Aberdeen Standard Global Infrastructure Income Fund ("ASGI")

    As of the record date, April 11, 2022, ASGI had outstanding 8,855,000 shares of common stock. 79.68% of the outstanding shares were voted at the Meeting representing a quorum.

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

    Votes For

    Votes Withheld

    P. Gerald Malone

    6,974,773

    81,111

    Todd Reit

    6,985,949

    69,935

    In the United States, abrdn is the marketing name for the following affiliated, registered investment advisers: abrdn Inc., Aberdeen Asset Managers Ltd., abrdn Australia Limited, abrdn Asia Limited, Aberdeen Capital Management, LLC, abrdn ETFs Advisors LLC and Aberdeen Standard 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.

    https://www.abrdn.com/en-us/cefinvestorcenter/fund-centre/closed-end-funds

    # # #

    For More Information Contact:
    abrdn U.S. Closed-End Funds
    Investor Relations
    800-522-5465
    [email protected]

    SOURCE: abrdn U.S. Closed-End Funds



    View source version on accesswire.com:
    https://www.accesswire.com/702950/Abrdn-US-Closed-End-Funds-Announce-Results-of-Annual-Meeting-of-Shareholders

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