abrdn National Municipal Income Fund Removes Restriction on High-Yield Municipal Securities Investment
abrdn National Municipal Income Fund (VFL) has removed a non-fundamental investment policy that limited its exposure to high-yield municipal securities to 20% of its portfolio. The change, effective June 1, 2026, is expected to increase credit risk but may lead to higher diversification, earnings, and long-term returns. The fund plans to gradually increase its high-yield securities exposure to between 30% and 50% of its portfolio.
Tickers: $VFL
Topics: Board of Trustees Fund Management Investment Policy Changes Municipal Securities