AOD
abrdn Total Dynamic Dividend FundAOD
AOD
About: Aberdeen Total Dynamic Dividend Fund is a diversified, closed-end management investment company. Its investment objective is to seek high current dividend income. The company also focuses on the long-term growth of capital as a secondary investment objective. It predominantly invests in foreign securities, including direct investments in securities of foreign issuers and investments in depositary receipts that represent indirect interests in securities of foreign issuers. Its portfolio consists of securities from Information Technology, Financial, Healthcare, Industrials among other sectors.
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Funds holding %
of 6,809 funds
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Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
73% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 11
7% more funds holding
Funds holding: 120 [Q2] → 128 (+8) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
2% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 43
8.79% less ownership
Funds ownership: 49.09% [Q2] → 40.31% (-8.79%) [Q3]
11% less capital invested
Capital invested by funds: $435M [Q2] → $386M (-$49.1M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for AOD.
Financial journalist opinion
Positive
Seeking Alpha
1 month ago
Eleven High-Yield Closed End Funds: Five To Watch And Six To Buy
As a retired income investor, I focus on high-yield CEFs for reliable monthly distributions and potential capital gains from NAV discounts. Five CEFs to avoid currently: GOF, VVR, ARDC, WDI, IGR, due to high relative premiums or unfavorable market conditions. Recommended CEFs to buy/add: AOD, ASGI, JRI, MEGI, OPP, FSCO, offering high yields and potential for capital gains with favorable market conditions.
Positive
Seeking Alpha
1 month ago
AOD: Massive Distribution Increase, But This Fund Is Still Covering
The abrdn Total Dynamic Dividend Fund offers a high 13.41% yield and has improved significantly since new management took over. The AOD closed-end fund is well-positioned against inflation risks, favoring equities over fixed-income securities, and has recently outperformed major indices when including distributions. The fund focuses on dividend-paying equities, with a diversified portfolio less exposed to low-yielding tech stocks, making it attractive for income-focused investors.
Neutral
Accesswire
3 months ago
abrdn Total Dynamic Dividend Fund (AOD) Announces Update on Proposed Acquisition of Assets from First Trust Specialty Finance and Financial Opportunities Fund
PHILADELPHIA, PA / ACCESSWIRE / August 29, 2024 / The Board of Trustees of abrdn Total Dynamic Dividend Fund (NYSE:AOD) ("AOD"), announces that shareholders of First Trust Specialty Finance and Financial Opportunities Fund (NYSE:FGB) ("FGB"), advised by First Trust Advisors L.P., did not attain a 1940 Act quorum at its adjourned special meeting of shareholders on August 29, 2024 and therefore there were insufficient votes to pass the proposed reorganization proposal.
Positive
Seeking Alpha
4 months ago
AOD: Distribution Increased By 70% To Close The Discount, Buy Now And Get 14% Yield
AOD offers high yield income with a 70% increase in the monthly distribution and shift to managed distribution policy based on 12% of NAV each month. AOD fund is managed by abrdn with top sectors in Information Technology, Financials, Health Care, and Consumer Discretionary. Recent increase in AOD distribution aimed at closing discount, presumably placating activist investor Saba Capital Management.
Neutral
Accesswire
4 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).
Positive
Seeking Alpha
4 months ago
AOD: A Decent 8%-Yielding Pick As Long As You Have International Exposure
The abrdn Total Dynamic Dividend Fund offers income-focused investors exposure to common equity securities for potential inflation protection. The fund's 8.15% yield is competitive, and its performance has been reasonable, outperforming some benchmarks on a total return basis. The fund claims to be focused on dividend income, but many of its positions do not have much of a yield.
Neutral
Accesswire
7 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
8 months ago
AOD: Long-Term Performance Problems, But A Decent Dividend Fund
The abrdn Total Dynamic Dividend Fund offers a yield of 8.38%, which compares well to similar closed-end funds. The AOD closed-end fund has underperformed global equity indices but has shown consistent performance under abrdn's management. The AOD fund's distribution history has been consistent, and it currently trades at a discount to its net asset value, making it an attractive option for income-focused investors.
Neutral
Accesswire
10 months ago
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).
Neutral
Accesswire
10 months ago
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).
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