Overview
Description
Abrdn Global Dynamic Dividend Fund is a closed-end equity mutual fund designed to offer investors a blend of high current income and long-term capital growth. Managed by Alpine Woods Capital Investors, the fund invests in a diversified portfolio of publicly traded equities across global markets, targeting companies in various sectors and of all market capitalizations. It employs both bottom-up and top-down fundamental analysis to select stocks poised for dividend increases and capital appreciation. The fund’s primary objective is to deliver high current dividend income—with more than half typically qualifying for favorable U.S. federal tax treatment—while also seeking long-term capital gains as a secondary goal. It follows a managed distribution policy with monthly dividend payments, often resulting in a forward yield exceeding 12%. Benchmarking against broad indices such as the MSCI AC World Index and S&P 500, the fund provides investors with access to global equity income opportunities, appealing especially to those seeking substantial, regular income streams and global diversification within their portfolio.
About
Instrument type
Closed-end fund
Sector
Financial Services
Industry
Asset Management
Country
United States
MIC code
XNYS