PHILADELPHIA, PA / ACCESS Newswire / January 23, 2025 / abrdn International Premier Properties Fund (NYSE:) (the “Fund”), a closed-end fund, has introduced that it filed with the U.S. Securities and Alternate Fee (“SEC”) on January 23, 2025, a prospectus complement to its registration assertion below which it could provide and promote every now and then, in a number of at-the-market choices, the Fund’s frequent shares having an combination providing price of up to $27.5 million (the “A™ Program”).
The Fund could not promote any frequent shares at a price under the present web asset worth (“NAV”) of such frequent shares, unique of any distributing fee or low cost. There might be no assure that the Fund will interact in any gross sales or any explicit degree of gross sales of frequent shares, if shares are provided. It’s anticipated that any proceeds raised could be used for funding functions.
An investor ought to learn the Fund’s prospectus and prospectus complement rigorously earlier than investing within the Fund. The Fund’s shares could also be provided on to a number of purchasers, by way of brokers designated every now and then by the Fund, or to or by way of underwriters or sellers. The prospectus complement regarding the providing will establish any brokers, underwriters or sellers concerned within the sale of Fund shares, and can set forth any relevant buy price, price, fee or low cost association between us and our brokers or underwriters, or amongst our underwriters, or the premise upon which such quantity could also be calculated. The Fund’s shares might not be offered by way of brokers, underwriters or sellers with out supply of a prospectus complement describing the strategy and phrases of the actual providing of Fund shares.
Traders could request these paperwork freed from cost from the Fund’s web site at www.abrdnawp.com or acquire these paperwork on the SEC’s web site at www.sec.gov.
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The data on this press release is for informational functions solely and shall not represent a proposal to promote or the solicitation of a proposal to promote or the solicitation of a proposal to purchase any securities or the solicitation of any vote or approval in any jurisdiction pursuant to or in reference to the proposed transaction or in any other case, nor shall there be any sale, issuance or switch of securities in any jurisdiction in contravention of relevant legislation. No provide of securities shall be made besides by way of a prospectus assembly the necessities of Part 10 of the Securities Act of 1933, as amended.
There might be no assurance that the Fund will obtain its funding aims. The NAV of the Fund will fluctuate with the worth of the underlying securities. It is very important be aware that closed-end funds commerce on their market worth, not NAV, and closed-end funds usually commerce at a reduction to their NAV. Previous efficiency just isn’t indicative of future efficiency. An funding within the Fund is topic to sure dangers and different issues.
The Fund is a diversified, closed-end administration funding firm. The Fund seeks excessive present earnings and capital appreciation. The price of the Fund’s frequent shares is decided by plenty of components, lots of that are past the management of the Fund.
The Fund is suggested by abrdn Investments Restricted and sub-advised by abrdn Inco. The Fund’s frequent shares commerce on the NYSE below the image “AWP.”
In the US, abrdn is the advertising and marketing identify for the next affiliated, registered funding advisers: abrdn Inc., abrdn Investments Restricted, abrdn Asia Restricted, and abrdn ETFs Advisors LLC.
Traders ought to think about the Fund’s funding aims, dangers, expenses and bills rigorously earlier than investing within the Fund. There is no such thing as a assurance that the Fund will obtain its funding goal.
Closed-end funds are traded on the secondary market by way of one of many inventory exchanges. The Fund’s funding return and principal worth will fluctuate in order that an investor’s shares could also be price kind of than the unique price. Shares of closed-end funds could commerce above (a premium) or under (a reduction) the NAV of the fund’s portfolio.
abrdnawp.com
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For Extra Data Contact:
abrdn Inc.
Investor Relations
800-522-5465
Investor.Relations@abrdn.com
SOURCE: abrdn International Premier Properties Fund
View the unique press release on ACCESS Newswire