M&A - abrdn Global Infrastructure Income Fund

Form Type: N-CSRS

Filing Date: 2025-06-09

Corporate Action: Merger

Type: Update

Accession Number: 000110465925057729

Filing Summary: The semi-annual report of abrdn Global Infrastructure Income Fund for the period ending March 31, 2025, highlights the approval of a reorganization with abrdn Japan Equity Fund, intended to consolidate assets and enhance shareholder value. The reorganization is positioned as tax-free for U.S. federal income tax purposes. The Board believes the merger to be in shareholders' best interests. There are no changes to the investment objectives as a result of this merger. The report includes updates on the Fund's managed distribution policy, with an annual rate set at 12% as of January 2026. Financial highlights reveal a NAV of $20.12 and a six-month total return of 10.90%, contrasting with a market price drop of 2.93%. Total assets were $577,018,569, with significant private and public infrastructure investments articulated in the detailed portfolio section. The report also discusses distribution rate stability, which has been supplemented by capital gains. Shareholder communications are emphasized, underlining the commitment to transparency and engagement in distribution policies.