Tender Offers for ABRDN EMERGING MARKETS EQUITY INCOME FUND, INC.

Form Type: 8-K

Filing Date: 2024-12-16

Corporate Action: Tender-offer

Type: New

Accession Number: 000110465924128829

Comments: On December 10, 2024, the Board of Directors of abrdn Emerging Markets Equity Income Fund, Inc. approved a name change to abrdn Emerging Markets ex-China Fund, Inc., with changes to the Fund’s investment policies effective February 24, 2025. A 20% tender offer will be initiated in the first quarter of 2025. The Fund will transition its portfolio in preparation for these changes, selling off securities misaligned with the new strategy to raise necessary cash. The Fund maintains its objective to provide current income and long-term appreciation and remains a non-diversified closed-end management investment company. Shareholders will receive 60 days’ written notice regarding the changes to the Fund’s 80% investment policy and investment objectives, strategies, and risks will be amended accordingly.

Document Link: View Document

Additional details:

Tender Offer Percentage: 20%

New Fund Name: abrdn Emerging Markets ex-China Fund, Inc.

Effective Date: 2025-02-24

Benchmark: MSCI Emerging Markets ex-China Index