IFN News and Press, India Fund Inc. From 01/14/23

Summary Presenting our 2022 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions (including year-end special distributions) amounting to over 14% yield-on-cost basis. The portfolio had a loss of -12.5% in 2022, compared to -18.2...

India Fund ( NYSE: IFN ) declares $1.61/share quarterly dividend , including long-term realized gains of $1.1915. Payable Jan. 11; for shareholders of record Nov. 22; ex-div Nov. 21. See IFN Dividend Scorecard, Yield Chart, & Dividend Growth. For further ...

China’s President Xi Jinping recently increased his grip on the government and the country when he was named to another term as head of the ruling Communist Party, explains Bryan Perry, a leading growth and income expert and editor of Cash Machine. For further details see: Say Na...

This notice re-states the notice issued by the above-noted abrdn U.S. Closed-End Funds (the "Funds" or individually the "Fund") on September 30, 2022 in order to correct the re-investment prices per share for each of IAF, IFN and JEQ. Global Infrastructure Income Fund ("ASGI")...

India Fund ( NYSE: IFN ) declares $0.46/share quarterly dividend, in line with previous. Forward yield 11.5% Payable Sept. 30; for shareholders of record Sept. 23; ex-div Sept. 22. See IFN Dividend Scorecard, Yield Chart, & Dividend Growth. For furthe...

Summary During the past 3 months, IFN recorded almost 10 percent price growth, whereas growth was substantially negative prior to that. IFN was launched 28 years back, and generates a steady pay-out, with consistently offering double digit yield for the past 10 years. When alm...

Summary 1 out of 23 CEF sectors positive on price and 1 out of 23 sectors positive on NAV last week. MLPs lead while commodities lag. MLPs are the most discounted CEF sector. Author’s note: This article was released to CEF/ETF Income Laboratory members on Au...

Summary 20 out of 23 CEF sectors positive on price and 16 out of 23 sectors positive on NAV last week. OPP rights offering announced. Aberdeen (now "abrdn") and Delaware CEFs are merging, subject to shareholder approval. Author's note: This article was released to CEF/...

Stocks rallied hard again this week with the S&P 500 up another 3.26% and now up 12.08% over the last month. The YTD losses are down to single digits. It does appear that there has been a significant amount of short covering during this rally. That has been especially the case as ...

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad marke...