AOD

abrdn Total Dynamic Dividend Fund
AOD

$8.90

0.28%

Market Cap: $938M

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 6,710 funds

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Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

44% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 36

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

6% less funds holding

Funds holding: 127 [Q1] → 120 (-7) [Q2]

6.39% less ownership

Funds ownership: 46.88% [Q1] → 40.49% (-6.39%) [Q2]

12% less capital invested

Capital invested by funds: $409M [Q1] → $359M (-$50.5M) [Q2]

58% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 12

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Research analyst outlook

We haven’t received any recent analyst ratings for AOD.

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Financial journalist opinion

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.

abrdn Total Dynamic Dividend Fund (AOD) Announces Update on Proposed Acquisition of Assets from First Trust Specialty Finance and Financial Opportunities Fund

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.

AOD: Distribution Increased By 70% To Close The Discount, Buy Now And Get 14% Yield

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).

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

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.

AOD: A Decent 8%-Yielding Pick As Long As You Have International Exposure

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.

abrdn U.S. Closed-End Funds Announce Results of Annual Meeting of Shareholders

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.

AOD: Long-Term Performance Problems, But A Decent Dividend Fund

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).

CORRECTION: abrdn U.S. Closed-End Funds Announce Distribution Payment Details

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).

abrdn U.S. Closed-End Funds Announce Distribution Payment Details

AOD: Underperforming Global Fund

abrdn Total Dynamic Dividend Fund has performed well, returning 11.2% in total returns on market price since my last article. Compared to passive ETFs, the AOD fund has lagged. In fact, the AOD fund lags on average 150-250 bps every year. While AOD's 8.6% distribution yield looks attractive, investors can easily create a superior distribution stream using low-cost passive ETFs and fixed withdrawals.

AOD: Underperforming Global Fund

abrdn U.S. Closed End Funds Announce Distribution Payment Details

PHILADELPHIA, PA / ACCESSWIRE / January 10, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP)(NYSE:AGD)(NYSE:AOD)(NYSE:ASGI)(NYSE:AWP) and (NYSE American:FAX)(NYSE American:FCO)(NYSE American:THQ)(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 January 31, 2024 to all shareholders of record as of January 24, 2024 (ex-dividend date January 23, 2024). Ticker Exchange Fund Amount ACP NYSE abrdn Income Credit Strategies Fund $ 0.1000 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 $ 0.1600 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 American abrdn Healthcare Opportunities Fund $ 0.1125 THW NYSE American abrdn World Healthcare Fund $ 0.1167 VFL NYSE American abrdn National Municipal Income Fund $ 0.0375 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.

abrdn U.S. Closed End Funds Announce Distribution Payment Details

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