Your email has been successfully added to our mailing list.

×
0 0 0 0 -0.00373599003735989 -0.00373599003735989 -0.00373599003735989 0.0182648401826485
Stock impact report

abrdn Global Infrastructure Income Fund (ASGI) Announces Proposal to Remove Term Structure [Yahoo! Finance]

abrdn Global Infrastructure Income Fund Common Shares of Beneficial Interest (ASGI) 
Company Research Source: Yahoo! Finance
the abrdn Global Infrastructure Income Fund (NYSE: ASGI) approved a proposal to remove the Fund's term limit and convert the Fund to a perpetual fund, pending shareholder approval. Aberdeen Investments (PRNewsfoto/Aberdeen Investments U.S. Closed End Funds) The Fund was established in 2020 with a defined term of 15 years ending in July 2035. The proposal, if approved by shareholders, will amend the Fund's Amended and Restated Declaration of Trust to remove the provision that requires, with certain exceptions, the Fund to terminate in July 2035 (the "Term Amendment"). Converting to a perpetual fund would enhance alignment with the Fund's long-term investment strategy, improve portfolio management flexibility, and better support sustainable income generation, while preserving shareholder liquidity through secondary-market trading. A key attribute of ASGI is its ability to invest in private infrastructure investments, which provides access to long-duration, income-producing assets Show less Read more
Impact Snapshot
Event Time:
ASGI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ASGI alerts
Opt-in for
ASGI alerts

from News Quantified
Opt-in for
ASGI alerts

from News Quantified