abrdn Australia Equity Fund Declares $0.36 Distribution with $12.48 Reinvestment
IAF•abrdn Australia Equity Fund, Inc. paid a $0.3600 per share distribution on June 30 to shareholders of record May 21 and offered reinvestment at $12.48 per share. The payment comprised 13% net investment income, 69% long-term capital gains and 18% return of capital, bringing fiscal year-to-date distributions to $1.10.
1. Distribution Details
abrdn Australia Equity Fund, Inc. paid a quarterly distribution of $0.36 per share on June 30 to shareholders of record May 21, reflecting its policy to provide stable current income supplemented by realized gains. Unless shareholders elected cash by June 16, distributions were automatically issued in newly created fund shares.
2. Composition and Reinvestment Policy
The distribution comprised 13% net investment income, 69% long-term capital gains and 18% return of capital, lifting fiscal year-to-date payouts to $1.10 per share for the period ending October 31. Reinvestment shares were priced at $12.48 each, set at the lower of NAV or market price with a NAV floor of 95% of market value on June 17, 2026.
