PHILADELPHIA, Aug. 23, 2018 /PRNewswire/ -- Aberdeen Global
Dynamic Dividend Fund¹ (the "Fund") (NYSE: AGD), a closed-end
equity fund, announced today its performance data and portfolio
composition as of July 31, 2018.
The Fund's total returns for various periods through
July 31, 2018 are provided
below. (All figures are based on distributions reinvested at
the dividend reinvestment price, and are stated net-of-fees):
|
Cumulative as of
07/31/18
(%)
|
Annualized as of
07/31/18 (%)
|
|
1
Month
|
3
Month
|
YTD
|
1 Year
|
3 Years
|
5 Years
|
10
Years
|
Since
Inception
|
|
NAV
|
3.7
|
2.6
|
2.9
|
11.3
|
9.0
|
10.4
|
3.2
|
2.0
|
|
Market
Price
|
2.7
|
0.3
|
1.1
|
6.1
|
10.5
|
10.4
|
1.8
|
0.6
|
|
MSCI AC
World Index
|
3.0
|
2.7
|
2.9
|
11.5
|
9.5
|
9.6
|
7.0
|
6.9
|
As of July 31, 2018, the Fund's
net assets amounted to US$146.6
million with a net asset value per share of common stock of
US$11.68.
As of July 31, 2018, the portfolio
was invested as follows:
|
Portfolio
Composition
|
Percent of
Net Assets
|
|
Financials
|
17.9
|
|
Information
Technology
|
13.2
|
|
Industrials
|
12.7
|
|
Health
Care
|
12.2
|
|
Consumer
Discretionary
|
11.1
|
|
Energy
|
8.1
|
|
Utilities
|
5.5
|
|
Materials
|
5.5
|
|
Consumer
Staples
|
4.7
|
|
Real
Estate
|
3.7
|
|
Telecommunications
|
3.3
|
|
Cash
|
2.2
|
|
Country
|
Geographic
Exposure %
|
|
United
States
|
57.5
|
|
United
Kingdom
|
7.6
|
|
France
|
4.4
|
|
Japan
|
3.7
|
|
Switzerland
|
3.6
|
|
Germany
|
3.6
|
|
Italy
|
2.8
|
|
Finland
|
2.6
|
|
Canada
|
2.4
|
|
Sweden
|
2.3
|
|
South
Korea
|
2.3
|
|
Spain
|
2.2
|
|
China
|
1.8
|
|
Brazil
|
1.4
|
|
Mexico
|
1.2
|
|
Portugal
|
0.8
|
The Fund's ten largest equity holdings as of July 31, 2018, representing 14.1% of total
assets, were:
|
Holding
|
Percent of
Net Assets
|
|
Apple
|
2.0
|
|
Intel
Corp.
|
1.5
|
|
Delta Air
Lines
|
1.5
|
|
Vodafone
Group
|
1.5
|
|
Novartis
|
1.4
|
|
TJX
|
1.3
|
|
Leidos Holdings
Inc.
|
1.3
|
|
Broadcom
|
1.3
|
|
Thermo
Fisher
|
1.2
|
|
Snap-On
Inc.
|
1.2
|
|
TOTAL
|
14.1
|
Important Information
Aberdeen Asset Management Inc.
has prepared this report based on information sources believed to
be accurate and reliable. All reasonable care has been taken to
ensure accuracy. However, the figures are unaudited and neither the
Fund, the Investment Manager, nor any other person guarantees their
accuracy. Investors should seek their own professional advice and
should consider the investment objectives, risks, charges and
expenses before acting on this information.The Investment Manager
is a subsidiary of Aberdeen Asset Management PLC ("Aberdeen
PLC").
Aberdeen Standard Investments is a brand of the investment
businesses of Aberdeen Asset Management and Standard Life
Investments. In the United States,
Aberdeen Standard Investments is the marketing name for the
following affiliated, registered investment advisers: Aberdeen
Asset Management Inc., Aberdeen Asset Managers Ltd., Aberdeen Asset
Management Ltd., Aberdeen Asset Management Asia Ltd., Aberdeen
Asset Capital Management, LLC, Standard Life Investments (Corporate
Funds) Ltd., and Standard Life Investments (USA) Ltd.
Closed-end funds are traded on the secondary market through one
of the stock exchanges. The Fund's investment return and principal
value 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 fund's portfolio. There is no assurance that the Fund
will achieve its investment objective.
Past performance is no guarantee of future results.
Investment returns and principle value will fluctuate and shares,
when sold, may be worth more or less than original cost. Current
performance may be lower or higher than the performance quoted. NAV
return data includes investment management fees, custodial charges
and administrative fees (such as Director and legal fees) and
assumes the reinvestment of all distributions. Returns for periods
less than one year are not annualized. Holdings are subject to
change and are provided for informational purposes only and should
not be deemed as a recommendation to buy or sell the securities
shown. Inception date July 26,
2006.
If you wish to receive this information
electronically, please contact
Investor.Relations@aberdeenstandard.com
1 As of May 7, 2018,
the Fund name changed from the Alpine Global Dynamic Dividend
Fund.
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SOURCE Aberdeen Global Dynamic Dividend Fund