AGD
abrdn Global Dynamic Dividend FundAGD
AGD
About: Aberdeen Global Dynamic Dividend Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to seek high current dividend income, more than 50% of which qualifies for the reduced federal income tax rate, as created by the Jobs and Growth Tax Relief Reconciliation Act of 2003. The fund also focuses on the long-term growth of capital as a secondary investment objective. The fund's portfolio holdings are in information technology, financials, health care, and consumer discretionary sectors among others.
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
0% more capital invested
Capital invested by funds: $70.8M [Q2] → $70.8M (+$26.1K) [Q3]
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
5% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 22
2% less funds holding
Funds holding: 64 [Q2] → 63 (-1) [Q3]
4.65% less ownership
Funds ownership: 57.82% [Q2] → 53.17% (-4.65%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for AGD.
Financial journalist opinion
Positive
Seeking Alpha
1 week ago
AGD: Fully Covering Distribution, But Increasing Domestic Exposure
The abrdn Global Dynamic Dividend Fund offers a high yield of 12.94%, making it attractive for income-seeking investors amidst inflation concerns. The fund has a considerably higher yield than most of its peers, but the distribution was fully covered in the most recent year. The fund's increasing exposure to U.S. equities is a questionable decision given high domestic valuations and lower yields than available abroad.
Neutral
Accesswire
1 month ago
abrdn U.S. Closed-End Funds Announce Distribution Payment Details
PHILADELPHIA, PA / ACCESSWIRE / December 10, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:AGD, AOD, ASGI, AWP, THQ, THW and NYSE American:AEF, 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 January 10, 2025 to all shareholders of record as of December 30, 2024 (ex-dividend date December 30, 2024). Ticker Exchange Fund Amount AEF NYSE American abrdn Emerging Markets Equity Income Fund, Inc. $ 0.1000 AGD NYSE abrdn Global Dynamic Dividend Fund $ 0.1100 AOD NYSE abrdn Total Dynamic Dividend Fund $ 0.1000 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. $ 0.1650 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 $ 0.0500 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.
Positive
Seeking Alpha
2 months ago
AGD: This Global Dividend Fund Is Increasing Its Domestic Exposure
The abrdn Global Dynamic Dividend Fund offers an incredibly high yield for an equity fund, which may entice some investors. The fund has failed to match the performance of the S&P 500 Index or the MSCI World Index over the past three months, even when we consider the distributions. The fund claims to invest at least 40% of its assets internationally, but it is currently below that and its international diversification appears to be weakening.
Neutral
Accesswire
4 months ago
abrdn U.S. Closed-End Funds Announce Distribution Payment Details
PHILADELPHIA, PA / ACCESSWIRE / September 11, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:AGD,AOD,AWP, THQ, THW)(NYSE American:AEF, FAX,), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on September 30, 2024 to all shareholders of record as of September 23, 2024 (ex-dividend date September 23, 2024). Ticker Exchange Fund Amount AEF NYSE American abrdn Emerging Markets Equity Income Fund, Inc. $ 0.1000 AGD NYSE abrdn Global Dynamic Dividend Fund $ 0.1100 AOD NYSE abrdn Total Dynamic Dividend Fund $ 0.1000 AWP NYSE abrdn Global Premier Properties Fund $ 0.0400 FAX ¹ NYSE American abrdn Asia-Pacific Income Fund, Inc. $ 0.1650 THQ NYSE abrdn Healthcare Opportunities Fund $ 0.1800 THW NYSE abrdn World Healthcare Fund $ 0.1167 ¹ In connection with the reverse stock split, the Fund's fixed monthly distribution will be adjusted from $0.0275 per share to $0.165 per share, beginning with this distribution.
Positive
Seeking Alpha
5 months ago
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.
Positive
Seeking Alpha
5 months ago
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.
Neutral
Accesswire
5 months ago
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).
Neutral
Accesswire
6 months ago
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.
Neutral
Accesswire
8 months ago
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.
Positive
Seeking Alpha
9 months ago
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.
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