other material
confidence high
sentiment neutral
materiality 0.60
AOD launches up to $75M at-the-market common share offering via ALPS, UBS
abrdn Total Dynamic Dividend Fund
- Distribution agreement with ALPS Distributors authorizes ATM sales of up to $75,000,000 of common shares.
- Sub-placement agent agreement with UBS Securities LLC dated August 25, 2026, for the offering.
- Offering commenced August 25, 2026 under effective Form N-2 shelf registration statement (File No. 333-298123).
- Per Investment Company Act, shares cannot be sold below current NAV plus distribution commission.
- Fund may suspend or terminate the ATM offering at any time at its discretion.