AGD

abrdn Global Dynamic Dividend Fund
AGD

$10

0.4%

Market Cap: $249M

About: Aberdeen Global Dynamic Dividend Fund is a diversified, closed-end management investment company. Its primary investment objective is to seek high current dividend income. The Fund also focuses on the long-term growth of capital as a secondary investment objective.

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 22

3% less capital invested

Capital invested by funds: $68.8M [Q1] → $66.5M (-$2.35M) [Q2]

2.21% less ownership

Funds ownership: 56.47% [Q1] → 54.26% (-2.21%) [Q2]

7% less funds holding

Funds holding: 68 [Q1] → 63 (-5) [Q2]

56% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 9

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Research analyst outlook

We haven’t received any recent analyst ratings for AGD.

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Financial journalist opinion

abrdn Raises Distributions For AOD And AGD By 70%-Plus

Another day, another family of CEF funds raises their distributions dramatically, this time by 70%-plus. But why now when it looks as though interest rates have peaked and will be coming down? Well, one reason is the competition from other CEFs and now ETFs offering ridiculously high annualized yields to income-hungry investors trying to keep up with inflation.

abrdn Raises Distributions For AOD And AGD By 70%-Plus

AGD: Decent Global Equity Income CEF, But Historical Performance Is Disappointing

The abrdn Global Dynamic Dividend Fund focuses on providing income-focused investors exposure to equity markets to protect against inflation. The fund offers an attractive 8.13% yield, but underperforms peers in terms of yield and share price performance. The fund invests primarily in common stocks, but it is heavily weighted to the United States. This could be a risk right now.

AGD: Decent Global Equity Income CEF, But Historical Performance Is Disappointing

abrdn Global Dynamic Dividend Fund (AGD) and abrdn Total Dynamic Dividend Fund (AOD) Announce 70% Increase in Distribution Rate and Adoption of a 12% Managed Distribution Policy

PHILADELPHIA, PA / ACCESSWIRE / August 8, 2024 / abrdn Global Dynamic Dividend Fund (NYSE:AGD) and abrdn Total Dynamic Dividend Fund (NYSE:AOD) (collectively, the "Funds") each, a closed-end management investment company, announced today its Board of Trustees (each a "Board" and collectively, the "Boards") have each approved the implementation of a managed distribution policy which will pay monthly, 12% of the average daily NAV for the previous month as of the month-end prior to declaration ("Managed Distribution Policy"). The new Managed Distribution Policy will commence with the distributions payable on August 30, 2024, to all shareholders of record as of August 23, 2024 (ex-dividend date August 23, 2024).

abrdn Global Dynamic Dividend Fund (AGD) and abrdn Total Dynamic Dividend Fund (AOD) Announce 70% Increase in Distribution Rate and Adoption of a 12% Managed Distribution Policy

abrdn U.S. Closed-End Funds Announce Distribution Payment Details

PHILADELPHIA, PA / ACCESSWIRE / July 10, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:AGD, AOD, ASGI, AWP, THQ, THW)(NYSE American:FAX, FCO, VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on July 31, 2024 to all shareholders of record as of July 24, 2024 (ex-dividend date July 24, 2024). Ticker Exchange Fund Amount AGD NYSE abrdn Global Dynamic Dividend Fund $ 0.0650 AOD NYSE abrdn Total Dynamic Dividend Fund $ 0.0575 ASGI NYSE abrdn Global Infrastructure Income Fund $ 0.2000 AWP NYSE abrdn Global Premier Properties Fund $ 0.0400 FAX NYSE American Abrdn Asia-Pacific Income Fund, Inc. $ 0.0275 FCO NYSE American abrdn Global Income Fund, Inc. $ 0.0700 THQ NYSE abrdn Healthcare Opportunities Fund $ 0.1800 THW NYSE abrdn World Healthcare Fund $ 0.1167 VFL NYSE American abrdn National Municipal Income Fund $ 0.0450 At the end of each calendar year, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of each fund's distributions and provide information with respect to their appropriate tax treatment for the prior calendar year.

abrdn U.S. Closed-End Funds Announce Distribution Payment Details

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

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 American:FAX),(NYSE American:FCO),(NYSE American:IAF) and (NYSE American: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.

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

AGD: Global Equity Fund With An 8.5% Yield And A Large Discount

abrdn Global Dynamic Dividend Fund aims to capture more than its fair share of dividends via rotation among stocks. The fund aims to provide investors with regular income and long-term capital growth. We look at the setup and give you our take.

AGD: Global Equity Fund With An 8.5% Yield And A Large Discount

CORRECTION: abrdn U.S. Closed-End Funds Announce Distribution Payment Details

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 Share PHILADELPHIA, 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 American:FAX),(NYSE American:FCO),(NYSE American:IAF),(NYSE American:THW),(NYSE American: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 shareholders of record as of February 22, 2024 (ex-dividend date February 21, 2024).

CORRECTION: abrdn U.S. Closed-End Funds Announce Distribution Payment Details

abrdn U.S. Closed-End Funds Announce Distribution Payment Details

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 American:FAX),(NYSE American:FCO),(NYSE American:IAF),(NYSE American:THW),(NYSE American: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 shareholders of record as of February 22, 2024 (ex-dividend date February 21, 2024).

abrdn U.S. Closed-End Funds Announce Distribution Payment Details

abrdn U.S. Closed End Funds Announce Distribution Payment Details

PHILADELPHIA, PA / ACCESSWIRE / January 10, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP)(NYSE:AGD)(NYSE:AOD)(NYSE:ASGI)(NYSE:AWP) and (NYSE American:FAX)(NYSE American:FCO)(NYSE American:THQ)(NYSE American:THW)(NYSE American:VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on January 31, 2024 to all shareholders of record as of January 24, 2024 (ex-dividend date January 23, 2024). Ticker Exchange Fund Amount ACP NYSE abrdn Income Credit Strategies Fund $ 0.1000 AGD NYSE abrdn Global Dynamic Dividend Fund $ 0.0650 AOD NYSE abrdn Total Dynamic Dividend Fund $ 0.0575 ASGI NYSE abrdn Global Infrastructure Income Fund $ 0.1600 AWP NYSE abrdn Global Premier Properties Fund $ 0.0400 FAX NYSE American Abrdn Asia-Pacific Income Fund, Inc. $ 0.0275 FCO NYSE American abrdn Global Income Fund, Inc. $ 0.0700 THQ NYSE American abrdn Healthcare Opportunities Fund $ 0.1125 THW NYSE American abrdn World Healthcare Fund $ 0.1167 VFL NYSE American abrdn National Municipal Income Fund $ 0.0375 At the end of each calendar year, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of each fund's distributions and provide information with respect to their appropriate tax treatment for the prior calendar year.

abrdn U.S. Closed End Funds Announce Distribution Payment Details

AGD: A High Fee Closed-End Fund To Avoid

The abrdn Global Dynamic Dividend Fund aims to provide investors with high current dividend income, with a focus on qualified dividend income. AGD has performed poorly on both an absolute basis and historical basis relative to global equity capitalization weighted index funds. AGD has a very high total annual operating expense ratio of 1.16%.

AGD: A High Fee Closed-End Fund To Avoid

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