Company abrdn National Municipal Income Fund

Equities

VFL

US24610T1088

Closed End Funds

Delayed Nyse 10:53:23 15/05/2024 pm IST 5-day change 1st Jan Change
10.33 USD +1.03% Intraday chart for abrdn National Municipal Income Fund +0.52% +1.21%

Business Summary

abrdn National Municipal Income Fund (the Fund), formerly Delaware Investments National Municipal Income Fund, is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from regular federal income tax, consistent with the preservation of capital by investing in municipal bonds. It invests at least 80% of its net assets in securities, the income from which is exempt from federal income taxes. It also seeks to invest up to 20% of its net assets in municipal bonds with an investment rating of Ba/BB or lower, or that are unrated but judged to be of comparable quality by the Fund's investment adviser. It invests in corporate revenue bonds, education revenue bonds, electric revenue bonds, healthcare revenue bonds, housing revenue bonds, lease revenue bonds, local general obligation bonds, pre-refunded/escrowed to maturity bonds, and special tax revenue bonds. The Fund’s investment manager is abrdn, Inc.

Sales per Business

USD in Million2023Weight Delta
Investment and Related Activities
100.0 %
2 100.0 % -

Sales per region

USD in Million2023Weight Delta
United States
100.0 %
2 100.0 % -

Managers

Managers TitleAgeSince
Chief Executive Officer 54 20/15/20
Director of Finance/CFO 60 01/96/01
General Counsel 60 21/00/21
Treasurer 51 25/07/25

Members of the board

Members of the board TitleAgeSince
Director/Board Member 71 01/13/01
Director/Board Member 75 01/99/01
Director/Board Member 66 30/21/30
Director/Board Member 57 30/21/30
Director/Board Member 66 01/15/01
Chairman 68 01/13/01
Director/Board Member 64 01/01/01
Director/Board Member 64 01/19/01
Director/Board Member 68 01/11/01
Director/Board Member 69 30/21/30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 12,278,003 12,277,003 ( 99.99 %) 0 99.99 %

Shareholders

NameEquities%Valuation
MacKay Shields LLC
1.917 %
401,695 1.917 % 4 M $
Hennion & Walsh Asset Management, Inc.
1.179 %
246,991 1.179 % 2 M $
Logan Stone Capital LLC
1.117 %
234,027 1.117 % 2 M $
Saba Capital Management LP
1.099 %
230,266 1.099 % 2 M $
RiverNorth Capital Management LLC
0.8939 %
187,326 0.8939 % 2 M $
Deschutes Portfolio Strategy LLC
0.8452 %
177,120 0.8452 % 2 M $
Security Investors LLC
0.6223 %
130,410 0.6223 % 1 M $
AQR Arbitrage LLC
0.5362 %
112,370 0.5362 % 1 M $
Van Eck Associates Corp.
0.5181 %
108,569 0.5181 % 1 M $
Morgan Stanley Smith Barney LLC
0.4780 %
100,163 0.4780 % 989 610 $
NameEquities%Valuation
TD Asset Management, Inc.
73.33 %
990 73.33 % 12 425 $

Company contact information

abrdn National Municipal Income Fund

1900 Market Street Suite 200

19103, Philadelphia

+215 405 5700

address abrdn National Municipal Income Fund(VFL)
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