abrdn Diversified Income and Growth: Manager update video
Nalaka De Silva provides an update on the portfolio and deep dives into a few of the Trust's key holdings.
The Board of abrdn Diversified Income and Growth plc announces the outcome of the strategic review process that commenced on 20 June 2023. The strategic review sought to address the material discount to net asset value at which the Company's shares have traded and consider how best to deliver value to shareholders. Following careful consideration of the options available to the Company, including asset sales and discussions with third parties, the Board has determined that it is in the best interests of its shareholders to continue the Company's existing investment strategy and to return optimal value by means of enhanced distributions, comprising realised gains and surplus available cash, through a combination of special dividends and a tender offer (the "Enhanced Distribution Programme"). The Enhanced Distribution Programme is expected to return between £30 million and £35 million to shareholders by the end of 2024 and further enhanced returns of value, including special dividends, are envisaged during 2025 and 2026 as a substantial part of the Company's private markets portfolio matures.
abrdn Diversified Income and Growth plc seeks to provide income and capital appreciation through investment in a globally diversified multi-asset portfolio.
The value of investments and the income from them can go down as well as up and you may get back less than the amount invested.
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