PHILADELPHIA, PA / ACCESSWIRE / June 26, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:HQH)(NYSE:THQ)(NYSE:THW) announced they each held their Annual Meeting of Shareholders (the "Meetings") on June 25, 2024. At the Meetings, shareholders of the respective Funds voted on the proposals set forth below:
abrdn Healthcare Investors ("HQH")
As of the record date, April 1, 2024, HQH had outstanding 50,624,847 shares of common stock. 80.52% of outstanding common stock were voted representing a quorum.
Shareholders approved the election of two Class B Trustees to the Board:
Number of Votes Cast For | Percentage of Votes Cast For | Number of Votes Cast Against/Withheld | Percentage of Votes Cast Against / Withheld | |
Rose DiMartino | 36,867,161 | 90.4% | 3,893,734 | 9.6% |
C. William Maher | 36,914,511 | 90.6% | 3,846,384 | 9.4% |
abrdn Healthcare Opportunities Fund ("THQ")
As of the record date, April 1, 2024, THQ had outstanding 41,356,058 shares of common stock. 77.11% of outstanding common stock were voted representing a quorum.
Shareholders approved the election of two Class A Trustees to the Board:
Number of Votes Cast For | Percentage of Votes Cast For | Number of Votes Cast Against/Withheld | Percentage of Votes Cast Against / Withheld | |
Kathleen Goetz | 30,977,518 | 97.1% | 911,146 | 2.9% |
Todd Reit | 31,219,180 | 97.9% | 669,484 | 2.1% |
abrdn World Healthcare Fund ("THW")
As of the record date, April 1, 2024, THW had outstanding 38,244,601 shares of common stock. 72.84% of outstanding common stock were voted representing a quorum.
Shareholders approved the election of two Class C Trustees to the Board:
Number of Votes Cast For | Percentage of Votes Cast For | Number of Votes Cast Against/Withheld | Percentage of Votes Cast Against / Withheld | |
Jeffrey A. Bailey | 27,031,680 | 97.0% | 824,237 | 3.0% |
C. William Maher | 26,893,557 | 96.5% | 962,360 | 3.5% |
In the United States, abrdn is the marketing name for the following affiliated, registered investment advisers: abrdn Inc., abrdn Investments Limited, abrdn Asia Limited, and abrdn ETFs Advisors LLC.
Closed-end funds are traded on the secondary market through one of the stock exchanges. A Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that a Fund will achieve its investment objective. Past performance does not guarantee future results.
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For More Information Contact:
abrdn U.S. Closed-End Funds
Investor Relations
800-522-5465
Investor.Relations@abrdn.com
SOURCE: abrdn U.S. Closed-End Funds
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