AOD - abrdn Total Dynamic Dividend Fund

What this means for you

Saba owned more than 5% of this fund and has since sold down below that level, so it no longer has to report its holding.

Nothing is required of you. If a large investor buys in again, the notice appears here the day it is filed.

Email me if this changes

What happened, and when

1. Aug 25, 2026

   The fund said it may sell new shares.

   Original document →

2. Aug 7, 2026

   The fund said it may sell new shares.

   Original document →

3. Dec 6, 2024

   Saba sold down below 5% and stopped reporting.

   Original document →

4. Aug 2, 2024

   Saba now owns 5.4%. It has said it may push for changes.

   Original document →

About this fund

• Run by abrdn Investments Limited. As of Oct 31, 2025, from the fund's yearly report. Original document →
• Size: about $1.11 billion of holdings, as of April 30, 2026. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund borrows about 3% on top of its own money, as of April 30, 2026. Borrowed money makes gains and losses bigger. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 1% a year in management fees; 1.2% a year in total, including interest on borrowed money. Fiscal year ended Oct 31, 2025. As of Oct 31, 2025, from the fund's yearly report. Original document →
• Payouts: last fiscal year (ended Oct 31, 2025) the fund paid $1.32 a share. $0.72 of that was income; $0.60 was your own money back, not income. As of Oct 31, 2025, from the fund's annual report. Original document →
• Value of holdings per share at the last fiscal year end (Oct 31, 2025): $10.05. The shares traded at $9.59, about 4.6% below that. As of Oct 31, 2025, from the fund's yearly report. Original document →
• How the holdings did: up 5.4% over the last three months we have (Feb-April 2026), before the share price is taken into account. Over the last 12 months: +39.9%. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• How the holdings did over the fiscal year (ended Oct 31, 2025): the value of the holdings returned +17.9%. How the share price did: the shares returned +29.5% over the same year, counting payouts and the change in the market price. As of Oct 31, 2025, from the fund's annual report. Original document →
• First reported to the regulator in 2006.

What the fund holds

Mostly shares (97%), the rest preferred shares. About 50% issued in the U.S.

1. Alphabet - 4%
2. Taiwan Semiconductor Manufacturing - 3.9%
3. Broadcom - 3.8%
4. Samsung Electronics - 3.4%
5. Apple - 2.9%
6. Microsoft - 2.8%
7. Engie SA - 2.3%
8. ASML Holding NV - 1.8%
9. Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen - 1.7%
10. TotalEnergies SE - 1.6%

As of April 30, 2026, from the fund's quarterly holdings report. Original document →