ASGI

abrdn Global Infrastructure Income Fund
ASGI

$18.31

0.87%

Market Cap: 462M

About: abrdn Global Infrastructure Income Fund is a non-diversified, closed-end management investment company. Its objective is to seek to provide a high level of total return with an emphasis on current income by investing in assets that provide necessary services to society.

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Funds holding %

of 6,702 funds

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Analysts bullish %

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News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

33% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 9

5% more funds holding

Funds holding: 64 [Q4 2023] → 67 (+3) [Q1 2024]

0.85% less ownership

Funds ownership: 44.77% [Q4 2023] → 43.92% (-0.85%) [Q1 2024]

3% less capital invested

Capital invested by funds: $203M [Q4 2023] → $196M (-$6.03M) [Q1 2024]

21% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 24

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Research analyst outlook

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

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Financial journalist opinion

5 Closed-End Fund Buys (And 2 Sells) In The Month Of June 2024

June was another month where we saw broader equities hitting new all-time highs. However, that participation was rather narrow as the mega-cap tech names led the way higher. This last month, I added to or initiated positions in five different closed-end fund names; I sold out of two positions this month.

5 Closed-End Fund Buys (And 2 Sells) In The Month Of June 2024

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

PHILADELPHIA, PA / ACCESSWIRE / June 28, 2024 / PHILADELPHIA, PA / ACCESSWIRE / June 28, 2024 / The abrdn U.S. Closed-End Funds (NYSE:ASGI)(NYSE:HQH)(NYSE:HQL)(NYSE:JEQ)(NYSE:THQ)(NYSE:THW)(NYSE American:IAF), (the "Funds" or individually the "Fund"), today announced that the Funds paid the distributions noted in the table below on June 28, 2024, on a per share basis to all shareholders of record as of June 21, 2024 (ex-dividend date June 21, 2024). These dates apply to the Funds listed below with the exception of abrdn Healthcare Investors (HQH), abrdn Life Sciences Investors (HQL), abrdn Australia Equity Fund, Inc. (IAF) and abrdn Japan Equity Fund, Inc. (JEQ) which will pay on June 28, 2024, to all shareholders of record as of May 23, 2024 (ex-dividend date May 22, 2024).

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

ASGI: Increased Distribution Fully Supported By Financials

ASGI is a new closed end fund with a high distribution yield of 12.5%, offering monthly distributions to income-focused investors. The fund focuses on essential infrastructure sectors, with a diverse geographic exposure and a strategy centered around income generation. ASGI's financials show a fully covered distribution, potential for distribution growth, and a current discount to NAV, making it a buy.

ASGI: Increased Distribution Fully Supported By Financials

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

PHILADELPHIA, PA / ACCESSWIRE / May 31, 2024 / The abrdn U.S. Closed-End Funds (NYSE:ASGI),(NYSE:THQ),(NYSE:THW), (the "Funds" or individually the "Fund"), today announced that the Funds paid the distributions noted in the table below on May 31, 2024, on a per share basis to all shareholders of record as of May 23, 2024 (ex-dividend date May 22, 2024). Ticker Exchange Fund Amount ASGI NYSE abrdn Global Infrastructure Income Fund $0.2000 THQ NYSE abrdn Healthcare Opportunities Fund $0.1800 THW NYSE abrdn World Healthcare Fund $0.1167 Each Fund has adopted a distribution policy to provide investors with a stable distribution out of current income, supplemented by realized capital gains and, to the extent necessary, paid-in capital.

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

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

abrdn Global Infrastructure Income Fund (ASGI) Announces Additional 33% Increase in Distribution Rate Which Represents a 68% Increase Since December 2023

PHILADELPHIA, PA / ACCESSWIRE / May 9, 2024 / abrdn Global Infrastructure Income Fund (NYSE:ASGI), (the "Fund"), a closed-end management investment company with Net Assets of $523.3 million and market capitalization of $452.7m (as of May 8, 2024), announced today its Board of Trustees ("Board") has approved an increase in the Fund's annualized distribution rate on NAV from 9% to 12%. As of May 8, 2024, this increase would equate to a distribution rate on share price of 13.4%.

abrdn Global Infrastructure Income Fund (ASGI) Announces Additional 33% Increase in Distribution Rate Which Represents a 68% Increase Since December 2023

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

PHILADELPHIA, PA / ACCESSWIRE / April 30, 2024 / The abrdn U.S. Closed-End Funds (NYSE:ASGI)(NYSE:THQ)(NYSETHW), (the "Funds" or individually the "Fund"), today announced that the Funds paid the distributions noted in the table below on April 30, 2024, on a per share basis to all shareholders of record as of April 23, 2024 (ex-dividend date April 22, 2024). Ticker Exchange Fund Amount ASGI NYSE abrdn Global Infrastructure Income Fund $0.1500 THQ NYSE abrdn Healthcare Opportunities Fund $0.1800 THW NYSE abrdn World Healthcare Fund $0.1167 Each Fund has adopted a distribution policy to provide investors with a stable distribution out of current income, supplemented by realized capital gains and, to the extent necessary, paid-in capital.

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

4 Closed-End Fund Buys In The Month Of March 2024

4 Closed-End Fund Buys In The Month Of March 2024

4 Closed-End Fund Buys In The Month Of March 2024

ASGI And BUI: Still Conservative, Still Attractive For 2024

BlackRock Utilities, Infrastructure & Power Opportunities Trust (BUI) and abrdn Global Infrastructure Income Fund (ASGI) are taking a bit longer to perform with utilities off to a weak start. Both funds are trading at attractive discounts to their net asset value per share, making them potential investment options for investors. Both funds also provide investors with attractive distributions paid out monthly while employing no leverage through borrowings.

ASGI And BUI: Still Conservative, Still Attractive For 2024

Why The Time Is Now For Infrastructure Investing

Infrastructure assets are physical structures and facilities that are essential for the functioning of society. Investing in infrastructure provides diversification, steady cash flows, inflation protection, and the ability to grow with GDP.

Why The Time Is Now For Infrastructure Investing

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