July 1, 2022
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Abrn Asia-Pacific Income Fund VCC Announces Monthly Distribution

By on March 9, 2022 0

TORONTO, ON/ACCESSWIRE/March 9, 2022/ abrdn Asia-Pacific Income Fund VCC (the “Company”)a closed-end investment company listed on the Toronto Stock Exchange, today announced that it will pay a monthly distribution of CAD 2.25 cents per common share on March 31, 2022 to all common shareholders of record as of March 24, 2022 (ex-dividend date March 23, 2022).

It is the policy of the Board of Directors of the Company to maintain a stable monthly distribution from net investment income and realized capital gains supplemented by paid-up capital, as required. For the 12 months to February 28, 2022, the Company paid total distributions of CAD 27.00 cents per common share.

Due to the Company’s new domicile in Singapore, the distribution paid in November 2021 will constitute the final repayment of the nominal value of the share capital, as Singapore law does not provide for a paid-up capital or a nominal value. All other dividends paid by the Company after that date will be considered income for Canadian income tax purposes.

Shareholders whose address is registered in Canada will receive distributions in Canadian dollars, unless they have elected otherwise. Although a portion of any distribution may be accounted for as a return of capital for financial statement purposes, the full amount of the distribution (other than a return of capital on par, if any) will be income outside the Canadian income tax purposes.

abrdn is the registered trade name in Canada for the following entities: abrdn Canada Limited, Aberdeen Standard Investments Luxembourg, abrdn Private Equity (Europe) Limited, abrdn Capital Partners LLP, abrdn Investment Management Limited, Aberdeen Standard Alternative Funds Limited and Aberdeen Capital Management LLC . abrdn Canada Limited is registered as a portfolio manager and exempt market dealer in all provinces and territories of Canada and as an investment fund manager in the provinces of Ontario, Quebec and of Newfoundland and Labrador.

Closed-end funds are traded on the secondary market through one of the exchanges. The return on investments and the value of the principal of the Company 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 Company. There can be no assurance that the Company will achieve its investment objective. Past performance does not guarantee future results.

If you wish to receive this information electronically, please contact [email protected]

https://www.abrn.com/en-ca/canadaclosedend

For more information contact:
abrdn Asia-Pacific Income Fund VCC
Investor Relations
1-800-992-6341
[email protected]

THE SOURCE: abrdn Asia-Pacific Income Fund VCC

See the source version on accesswire.com:
https://www.accesswire.com/692398/Abrn-Asia-Pacific-Income-Fund-VCC-Announces-Monthly-Distribution