abrdn Global Infrastructure Income Fund Announces Annual Meeting of Shareholders
Ticker: ASGI · Form: DEF 14A · Filed: Apr 8, 2024 · CIK: 1793855
| Field | Detail |
|---|---|
| Company | Abrdn Global Infrastructure Income Fund (ASGI) |
| Form Type | DEF 14A |
| Filed Date | Apr 8, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: Annual Meeting, Shareholders, Trustee Election, Proxy Statement, abrdn Global Infrastructure Income Fund
TL;DR
<b>abrdn Global Infrastructure Income Fund schedules its Annual Meeting for May 16, 2024, to elect Class I Trustees.</b>
AI Summary
abrdn Global Infrastructure Income Fund (ASGI) filed a Proxy Statement (DEF 14A) with the SEC on April 8, 2024. The abrdn Global Infrastructure Income Fund will hold its Annual Meeting of Shareholders on May 16, 2024, at 12:30 p.m. Eastern Time. The meeting will take place at the offices of abrdn Inc. in Philadelphia, PA. The primary purpose of the meeting is to elect two Class I Trustees. Shareholders of record as of April 1, 2024, are entitled to vote. Shareholders are encouraged to submit their proxy by mail, telephone, or internet, even if they plan to attend.
Why It Matters
For investors and stakeholders tracking abrdn Global Infrastructure Income Fund, this filing contains several important signals. Shareholders have the opportunity to directly influence the governance of the fund by voting for the election of Trustees. The meeting provides a platform for shareholders to stay informed about the fund's operations and future direction.
Risk Assessment
Risk Level: low — abrdn Global Infrastructure Income Fund shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.
Analyst Insight
Shareholders should review the proxy materials and cast their votes for the proposed Trustee elections to exercise their governance rights.
Key Numbers
- May 16, 2024 — Annual Meeting Date (Date of the Annual Meeting of Shareholders)
- 12:30 p.m. Eastern Time — Annual Meeting Time (Time of the Annual Meeting of Shareholders)
- April 1, 2024 — Record Date (Date to determine shareholder eligibility to vote)
- Two — Trustees to be Elected (Number of Class I Trustees to be elected)
Key Players & Entities
- abrdn Global Infrastructure Income Fund (company) — Registrant and subject of the proxy statement
- abrdn Inc. (company) — Location of the Annual Meeting
- May 16, 2024 (date) — Date of the Annual Meeting
- April 1, 2024 (date) — Record Date for shareholder eligibility to vote
- Class I Trustees (person) — Positions to be elected at the Annual Meeting
FAQ
When did abrdn Global Infrastructure Income Fund file this DEF 14A?
abrdn Global Infrastructure Income Fund filed this Proxy Statement (DEF 14A) with the SEC on April 8, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by abrdn Global Infrastructure Income Fund (ASGI).
Where can I read the original DEF 14A filing from abrdn Global Infrastructure Income Fund?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by abrdn Global Infrastructure Income Fund.
What are the key takeaways from abrdn Global Infrastructure Income Fund's DEF 14A?
abrdn Global Infrastructure Income Fund filed this DEF 14A on April 8, 2024. Key takeaways: The abrdn Global Infrastructure Income Fund will hold its Annual Meeting of Shareholders on May 16, 2024, at 12:30 p.m. Eastern Time.. The meeting will take place at the offices of abrdn Inc. in Philadelphia, PA.. The primary purpose of the meeting is to elect two Class I Trustees..
Is abrdn Global Infrastructure Income Fund a risky investment based on this filing?
Based on this DEF 14A, abrdn Global Infrastructure Income Fund presents a relatively low-risk profile. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.
What should investors do after reading abrdn Global Infrastructure Income Fund's DEF 14A?
Shareholders should review the proxy materials and cast their votes for the proposed Trustee elections to exercise their governance rights. The overall sentiment from this filing is neutral.
How does abrdn Global Infrastructure Income Fund compare to its industry peers?
The abrdn Global Infrastructure Income Fund is a closed-end investment company focused on infrastructure investments. Annual meetings are standard for such entities to ensure shareholder participation in governance.
Are there regulatory concerns for abrdn Global Infrastructure Income Fund?
The filing is a Schedule 14A (DEF 14A) under the Securities Exchange Act of 1934, requiring specific disclosures for proxy solicitations.
Risk Factors
- Compliance with SEC Regulations [low — regulatory]: The filing must adhere to all SEC rules and regulations for proxy statements, including disclosure requirements and filing deadlines.
Industry Context
The abrdn Global Infrastructure Income Fund is a closed-end investment company focused on infrastructure investments. Annual meetings are standard for such entities to ensure shareholder participation in governance.
Regulatory Implications
The filing is a Schedule 14A (DEF 14A) under the Securities Exchange Act of 1934, requiring specific disclosures for proxy solicitations.
What Investors Should Do
- Review the proxy statement for details on the proposed Trustee candidates.
- Submit proxy votes by mail, phone, or internet by the specified deadline.
- Attend the Annual Meeting on May 16, 2024, if possible, to participate directly.
Key Dates
- 2024-05-16: Annual Meeting of Shareholders — Shareholders will vote on electing Class I Trustees.
- 2024-04-01: Record Date — Determines eligibility of shareholders to vote at the Annual Meeting.
Year-Over-Year Comparison
This is a DEF 14A filing for the annual meeting, indicating a routine corporate governance event.
Filing Stats: 4,602 words · 18 min read · ~15 pages · Grade level 12.6 · Accepted 2024-04-08 14:08:19
Key Financial Figures
- $0.001 — Fund has one class of shares, par value $0.001 per share. Each share of the Fund is en
Filing Documents
- tm2410797d13_def14a.htm (DEF 14A) — 213KB
- j241079714_ba001.jpg (GRAPHIC) — 16KB
- j241079714_ba002.jpg (GRAPHIC) — 5KB
- j241079714_ba003.jpg (GRAPHIC) — 16KB
- j241079714_ba004.jpg (GRAPHIC) — 5KB
- tm2410797d13_proxycardimg001.jpg (GRAPHIC) — 3KB
- tm2410797d13_proxycardimg002.jpg (GRAPHIC) — 2KB
- tm2410797d13_proxycardimg003.jpg (GRAPHIC) — 2KB
- tm2410797d13_proxycardimg004.jpg (GRAPHIC) — 3KB
- tm2410797d13_proxycardimg005.jpg (GRAPHIC) — 1KB
- tm2410797d13_proxycardimg006.jpg (GRAPHIC) — 1KB
- 0001104659-24-044667.txt ( ) — 290KB
From the Filing
DEF 14A 1 tm2410797d13_def14a.htm DEF 14A       UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   SCHEDULE 14A   SCHEDULE 14A INFORMATION   Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.            )   Filed by the Registrant         ☒   Filed by a Party other than the Registrant        ☐   Check the appropriate box:   ☐ Preliminary Proxy Statement ☐   Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒   Definitive Proxy Statement ☐   Definitive Additional Materials ☐   Soliciting Material under §240.14a-12     abrdn Global Infrastructure Income Fund (Name of Registrant as Specified In Its Charter)       (Name of Person(s) Filing Proxy Statement, if other than the Registrant)   Payment of Filing Fee (Check the appropriate box):   ☒ No fee required. ☐   Fee paid previously with preliminary materials. ☐   Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11           ABRDN GLOBAL INFRASTRUCTURE INCOME FUND 1900 Market Street, Suite 200 Philadelphia, PA 19103 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS To be held on May 16, 2024 TO THE SHAREHOLDERS: NOTICE IS HEREBY GIVEN that the annual meeting (the "Annual Meeting") of shareholders of abrdn Global Infrastructure Income Fund (the "Fund") will be held at the offices of abrdn Inc., located at 1900 Market Street, Suite 200, Philadelphia, PA 19103, on Thursday, May 16, 2024 at 12:30 p.m. Eastern Time. The purpose of the Annual Meeting is to consider and act upon the following proposal (the "Proposal") for the Fund, and to consider and act upon such other matters as may properly come before the Annual Meeting or any adjournment or postponement thereof: To elect two Class I Trustees The Proposal is discussed in greater detail in the enclosed Proxy Statement. You are entitled to notice of, and to vote at, the Annual Meeting of the Fund if you owned shares of the Fund at the close of business on April 1, 2024 (the "Record Date"). Even if you expect to attend the Annual Meeting, please complete, date, sign and return the enclosed proxy card(s) in the enclosed postage-paid envelope or authorize your proxy by telephone or through the Internet. We will admit to the Annual Meeting (1) all shareholders of record on the Record Date, (2) persons holding proof of beneficial ownership on the Record Date, such as a letter or account statement from the person's broker, (3) persons who have been granted proxies, and (4) such other persons that we, in our sole discretion, may elect to admit. All persons wishing to be admitted to the Annual Meeting must present photo identification. If you plan to attend the Annual Meeting, we ask that you call us in advance at 1-800-522-5465. This Notice and related proxy materials are first being sent to shareholders on or about April 8, 2024. Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Shareholders to Be Held on Thursday, May 16, 2024: This Notice, the Proxy Statement and the form of proxy cards are available on the Internet at https://www.abrdn.com/en-us/cefinvestorcenter. On this website, you will be able to access the Notice, the Proxy Statement, the form of proxy card(s) and any amendments or supplements to the foregoing materials that are required to be furnished to shareholders. By order of the Board of Trustees, Megan Kennedy, Vice President and Secretary abrdn Global Infrastructure Income Fund TO AVOID THE UNNECESSARY EXPENSE OF FURTHER SOLICITATION, WHETHER OR NOT YOU PLAN TO ATTEND THE ANNUAL MEETING, IT IS IMPORTANT THAT YOUR SHARES BE REPRESENTED AND VOTED AT THE ANNUAL MEETING. ACCORDINGLY, YOU ARE REQUESTED TO PLEASE DATE, SIGN AND RETURN THE ENCLOSED PROXY CARD(S) FOR THE ANNUAL MEETING PROMPTLY, OR TO AUTHORIZE THE PROXY VOTE BY TELEPHONE OR THROUGH THE INTERNET PURSUANT TO THE INSTRUCTIONS ON THE ENCLOSED PROXY CARD(S). NO POSTAGE IS REQUIRED IF MAILED IN THE UNITED STATES. IT IS IMPORTANT THAT YOUR PROXY CARD(S) BE RETURNED PROMPTLY IN ORDER TO AVOID THE ADDITIONAL EXPENSE OF FURTHER SOLICITATION. April 8, 2024 Philadelphia, Pennsylvania ABRDN GLOBAL INFRASTRUCTURE INCOME FUND (the "Fund") 1900 Market Street, Suite 200 Philadelphia, PA 19103 PROXY STATEMENT For the Annual Meeting of Shareholders to be held on May 16, 2024 This Proxy Statement is furnished in connection with the solicitation of proxies by the Fund's Board of Trustees (the "Board," with members of the Board being