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