Aberdeen Investments U.S. Closed-End Funds Announce Annual Meeting Results
The Aberdeen Investments U.S. Closed-End Funds held their annual meetings on September 29, 2026, where shareholders voted on key proposals. Gordon Baird was elected as a Trustee for the Government Markets Income Fund (MGF), Intermediate Income Fund (MIN), Multi-Market Income Fund (MMT), and Municipal Income Fund (MFM). The MMT fund's proposal to adopt an investment-grade credit quality policy failed, despite strong shareholder support. Aberdeen has stated it will continue managing MMT with the same approach of maintaining average investment-grade credit quality. Shareholders were also informed about how closed-end funds trade at premiums or discounts relative to their net asset value (NAV), and that these prices are influenced by market conditions rather than fund management decisions.
Topics: closed-end funds fundamental policy vote trustee elections