Philadelphia, October 9th / PRNewswire / -- abrdn U.S. closed-end funds (New York Stock Exchange codes: ACP, AGD, AOD, AWP, FAX, MFM, MGF, MIN, MMT, THQ, THW) announced today that the closed-end funds listed in the chart below will distribute corresponding dividends per share on October 30, 2026. The registration date is October 23, 2026, and the ex-dividend date is also October 23, 2026.

At the end of each calendar year, the fund will send shareholders a 1099- DIV form, which details the amounts allocated to each fund and their composition, and provides appropriate tax handling information for the previous calendar year.

The distribution policies of each fund may be amended at any time by their respective boards of directors/trustees, and there is no guarantee that these policies will continue to be implemented. Investors should not make judgments about the investment performance of any fund based solely on the distribution amounts.

Funds that adopt a managed allocation policy

Announcement of Payment Allocation Details

abrdn Healthcare Opportunities Fund (“ THQ “)

The aforementioned abrdn US closed-end funds (referred to as “funds” or simply “fund”) announced today that these funds will pay out the distributions listed in the chart above to all shareholders registered as of October 23, 2026, on October 30, 2026 (with the ex-dividend date being October 23, 2026).

Each fund has adopted a distribution policy aimed at providing investors with stable distributions from current income, and on the basis of an exemption granted by the U.S. Securities and Exchange Commission (SEC), this is supplemented by realized capital gains, and when necessary, by paid-in capital as well.

According to the applicable U.S. tax laws, the amount of distributable income for each fund and its nature for a given fiscal year can only be finally determined at the end of that fiscal year. However, under Section 19 of the revised 1940 Investment Company Act and related regulations, each fund may be required to explain to its shareholders the anticipated sources of certain distributions.

The following table lists the estimated distribution amounts calculated in compliance with Section 19 of the 1940 Investment Companies Act and its related regulations. The table is prepared in accordance with generally accepted accounting principles and includes the current proposed distributions as well as the estimated amounts and proportions of distributions accumulated to date for this fiscal year. The sources of these distributions include: net investment income, realized short-term capital gains, realized long-term capital gains, and capital refunds. Since future revenues, expenses, and realized gains and losses on securities and currency may affect the estimated results, the projected proportions of these distributions may change.

The current proposed distribution and the estimated distributions made so far this fiscal year are as follows:

If part of the allocated amount as estimated above is indicated as a "capital return," this means that the fund estimates that its allocation amount has exceeded its income and capital gains; therefore, your portion of the allocation may be considered a capital return. A capital return can occur, for example, when the fund returns to you some or all of the funds you have invested. Capital return distributions do not necessarily reflect the fund's investment performance and should not be confused with "yield" or "income."

The distribution amounts and sources disclosed in this notice are merely estimates and cannot be used for tax filings. The final determination of the actual sources of all distributions can only be made after the end of the year. The actual amounts and sources to be used for tax filings will depend on the fund's investment activities during the remaining period of the current fiscal year and may vary due to tax regulations. At the end of each calendar year, the foundation sends shareholders a 1099- DIV form for the previous calendar year, which explains how to file for federal income tax.

The following table presents the total return performance of the fund over different time periods based on net asset value ( NAV ), and compares it with the fund's annualized and cumulative distribution rates.

Shareholders should not judge the investment performance of a fund solely based on the current distribution amount or the terms of the distribution policy (“distribution policy”).

The trading price of closed-end fund shares on public exchanges depends on external market factors that are beyond the control of the fund's board of directors or investment advisors. As a result, the price of closed-end fund shares may at any time trade at a premium or discount to their net asset value. Shareholders should be aware that a premium over the net asset value is not necessarily sustainable, and the discount may widen or narrow. Shareholders holding funds that trade at a premium and participating in their dividend reinvestment plans should note that reinvestments may be made at a price higher than the net asset value.

Although the performance of NAV may reflect the investment performance of the fund, it does not measure the investment value of shareholders in the fund. The value of shareholders' investments depends on the market price of the fund, which is determined by the supply and demand for fund shares in the public market.

Under an exemption granted by the U.S. Securities and Exchange Commission, funds are allowed to distribute long-term capital gains more frequently than the restrictions stipulated by Section 19(b) of the 1940 Investment Company Act and its Rule 19b-1. As a result, distributions made by a fund within a year may include net income, short-term capital gains, long-term capital gains, and/or capital returns. Dividends from net income and short-term capital gains are typically taxed at the ordinary income tax rate, but within the range of qualified dividend income received by the fund, a lower tax rate that does not exceed the highest tax rate for long-term capital gains may apply. Any distribution in a calendar year that exceeds the taxable income and net capital gains of the investment company will first be considered as taxable common stock dividends until the undistributed earnings and profits are exhausted; thereafter, it will be treated as a capital return, thereby reducing the adjusted cost base of the shares held. If a capital return distribution exceeds the adjusted cost base of the shares held, a capital gain will be recognized, with the holding period being calculated based on the length of time the shares were held at the time of receipt of the amount.

Paying distributions in accordance with the distribution policy may lead to a decrease in the fund's net assets. A decline in net assets could result in an increase in the fund's annual operating expense ratio, and when market prices are closely correlated with the net asset value per share of the fund, it may also cause a decrease in the market price per share. The distribution policy may also have an adverse effect on the fund's investment activities; for example, the fund may need to hold more cash than usual, or it may be forced to sell securities that otherwise would not be sold in order to make distributions. The fund's board of directors has the authority to revise, suspend, or terminate this distribution policy at any time.

Revisions, suspensions, or terminations of allocation policies may affect the market price per share of the fund. Investors should consult tax advisors regarding federal, state, and local tax issues that may apply to their individual circumstances.

Announcement No. 230 reveals: In compliance with the requirements of the U.S. Treasury Department, we would like to remind you that any tax advice provided in this communication (including any attachments) is not intended nor should it be used for: (i) avoiding fines under the Internal Revenue Code; or ( ii ) promoting, marketing, or recommending any transactions or matters described in this document to others.

In the United States, Aberdeen Investments refers to the following affiliated registered investment advisors: abrdn, Inc, abrdn, Investments Limited, and abrdn Asia Limited.

Closed-end funds are traded through the secondary market of stock exchanges. The investment returns and principal value of the funds can fluctuate, so the value of the shares held by investors may be higher or lower than the initial cost. The price of closed-end fund shares may be higher (at a premium) or lower (at a discount) than the net asset value of the fund's investment portfolio. There is no guarantee that the fund will be able to achieve its investment objectives. Past performance does not represent future results.

For shareholders who directly hold fund shares (non-brokerage accounts):

For shareholders who hold shares through a brokerage account: