ASGI: Aligned To Benefit From Global Infrastructure Spend
ASGI offers a high dividend yield of 12.6% and trades at a 7.5% discount to NAV, making it attractive for income-focused investors. The fund's NAV has shown consistent growth, with a total investment operation increase of $4.00 per share in 2024. This far outpaces the annual distribution amount. ASGI's global exposure, particularly in emerging markets, aligns it to benefit from the projected $9T global infrastructure spending by the end of 2025.
ASGI: Discount Widening Making This An Attraction Infrastructure Play Once Again
ASGI, a non-leveraged infrastructure-focused CEF, has experienced recent underperformance and a widening discount, but this can make it a more interesting choice. The fund's unique approach, emphasizing industrial infrastructure and private investments, differentiates it from peers, though it has higher expenses. ASGI's managed distribution policy targets a 12% payout, which may not be sustainable long-term, potentially leading to NAV erosion and adjusted payouts, but total returns can still be attractive.
ASGI: 13%+ Yield On Infrastructure, 10% Discount
ASGI offers high yield exposure to US and global infrastructure, with a focus on current income and total return, and no leverage used. ASGI's monthly distribution increased to $0.20 in 2024, yielding 13.89% at the current price of $17.28. ASGI's portfolio is heavily weighted towards North America and industrials, with significant exposure to utilities and energy sectors.
ASGI: Infrastructure Play Delivers, But High Yielder Is Getting Pricey
We had previously compared ASGI to UTF and suggested the ASGI would do better. While both have delivered exceptional returns since our buy point, they have been for different reasons. We go over the setup today and tell you why it is quite different from 14 months back.
Year-End Review Of High-Yield Closed-End Funds
As a retired income investor, I focus on high-yield closed-end funds, or CEFs, for consistent monthly distributions and reinvestment discounts to grow my retirement portfolio. Significant 2024 events include distribution cuts, fund liquidations, rights offerings, and new fund launches, impacting various CEFs I own or follow. Notable CEFs like ACP, ASGI, AOD/AGD, and BlackRock funds have seen distribution increases, reorganizations, and efforts to close discounts due to activist pressure.
abrdn U.S. Closed-End Funds Announce Distribution Payment Details
PHILADELPHIA, PA / ACCESSWIRE / November 29, 2024 / The abrdn U.S. Closed-End Funds (NYSE:ASGI)(NYSE:THQ), (the "Funds" or individually the "Fund"), today announced that the Funds paid the distributions noted in the table below on November 29, 2024, on a per share basis to all shareholders of record as of November 21, 2024 (ex-dividend date November 21, 2024). Ticker Exchange Fund Amount ASGI NYSE abrdn Global Infrastructure Income Fund $0.2100 THQ NYSE abrdn Healthcare Opportunities Fund $0.1800 Each Fund has adopted a distribution policy to provide investors with a stable distribution out of current income, supplemented by realized capital gains and, to the extent necessary, paid-in capital.
abrdn U.S. Closed-End Funds Announce Distribution Payment Details
PHILADELPHIA, PA / ACCESSWIRE / November 1, 2024 / The abrdn U.S. Closed-End Funds (NYSE:ASGI)(NYSE:THQ), (the "Funds" or individually the "Fund"), today announced that the Funds paid the distributions noted in the table below on October 31, 2024, on a per share basis to all shareholders of record as of October 24, 2024 (ex-dividend date October 24, 2024). Ticker Exchange Fund Amount ASGI NYSE abrdn Global Infrastructure Income Fund $0.2100 THQ NYSE abrdn Healthcare Opportunities Fund $0.1800 Each Fund has adopted a distribution policy to provide investors with a stable distribution out of current income, supplemented by realized capital gains and, to the extent necessary, paid-in capital.
ASGI: This 12.5% Yielder Should Be Considered By Retirement Investors
ASGI offers a compelling 12.5% distribution yield, which is one of the highest in the infrastructure fund space. Looking at the underlying fundamentals, we will also notice that the risk profile is very acceptable as there is no external leverage involved, and the positions are greatly diversified. In this article, I explain in more detail why, in my view, ASGI should be considered by income seeking investors to enhance their portfolio yield levels in a financially sound manner.
ASGI: Positive Outlook Driven By Interest Rate Cuts
ASGI offers global exposure to infrastructure sectors, providing a high dividend yield of 12.5%, making it attractive for income-focused investors. The fund's diverse portfolio mains a majority exposure to Industrials and Utilities. I believe ASGI has a positive outlook due to continued interest rate cuts. Despite a high management fee, ASGI's consistent price range and monthly distributions make it appealing for both capital preservation and income generation.
ASGI: 12% Yield, Upcoming Changes In September
abrdn Standard Global Infrastructure Income Fund offers high yield with ~47% non-North American holdings, aiming for total return with an emphasis on current income. ASGI's forward dividend yield is 12.43%, with a recent increase in monthly dividends, and plans to maintain this rate until at least May 2025. The upcoming acquisition of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income is expected to create economies of scale and liquidity benefits.
ASGI: An Underrated Fund That Should Continue To Deliver Impressive Income
I am initiating coverage of the Aberdeen Global Infrastructure Income Fund with a buy rating due to its strong construction, diversification, and performance in inflationary environments. ASGI has delivered 18.80% total returns since inception, with a forward yield of 12.59% and minimal exposure to high-risk growth companies. The fund's significant positions in industrials and utilities, particularly in the railroad and midstream energy sectors, make it well-suited for a slow-growth, high-price environment.
CORRECTION BY SOURCE: abrdn Global Infrastructure Income Fund (ASGI) Announces Update and Tentative Closing Date for Acquisition of Assets From Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund
Please note the previous press release incorrectly referenced the First Trust/abrdn Global Opportunity Income Fund in the title instead of the Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE: MFD). PHILADELPHIA, PA / ACCESSWIRE / August 23, 2024 / The Board of Trustees of abrdn Global Infrastructure Income Fund (NYSE:ASGI), announces today that shareholders of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE:MFD) ("MFD" or the "Acquired Fund"), advised by First Trust Advisors L.P.
