MIN - Aberdeen Intermediate Income Fund

What this means for you

Sit Investment has told the regulator it may push for changes at this fund. That usually means asking the fund to buy back shares at close to the full value of its holdings, to change who runs it, or to close down and pay holders out.

Nothing is required of you now. If the fund itself announces a buy-back or a vote, it appears in the box above with the date by which you would need to act.

Large investors can also sell down and walk away. We show every notice they file, the day it is filed.

Email me if this changes

What happened, and when

1. Aug 14, 2026

   1607 Capital sold down below 5% and stopped reporting.

   Original document →

2. Aug 11, 2026

   Sit Investment raised its stake to 29.9% (from 28.8%). It has said it may push for changes.

   Original document →

3. May 12, 2026

   The fund proposed folding into MMT. Holders vote on June 18, 2026. Latest document Feb 11, 2026.

   Original document →

4. May 11, 2026

   Sit Investment raised its stake to 28.8% (from 27.5%). It has said it may push for changes.

   Original document →

5. May 1, 2026

   The fund proposed folding into MMT. Holders vote on June 18, 2026.

   Original document →

About this fund

• Run by abrdn. At its last yearly report (Oct 31, 2025) the fund was run by Massachusetts Financial Services Company. As of Oct 31, 2025, from the fund's yearly report. Original document →
• Size: about $300 million of holdings, as of April 30, 2026. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund does not borrow. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 0.6% a year in management fees; 0.7% 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 $0.24 a share. $0.09 of that was income; $0.15 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): $2.73. The shares traded at $2.61, about 4.4% below that. As of Oct 31, 2025, from the fund's yearly report. Original document →
• How the holdings did: down 2% over the last three months we have (Feb-April 2026), before the share price is taken into account. Over the last 12 months: +1.9%. 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 +6%. How the share price did: the shares returned +4.3% 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 1994.

What the fund holds

Mostly bonds (79%), the rest mortgage bonds, shares and asset-backed bonds. About 83% issued in the U.S.

1. Cash and short-term - 4.4%
2. United States Treasury, U.S. Treasury Notes - 21.3%
3. Cnh Industrial NV - 1%
4. Regency Centers LP - 1%
5. Glp Capital LP / Fin II, GLP Capital LP / GLP Financing II Inc - 1%
6. Realty Income - 0.9%
7. Itc Holdings - 0.9%
8. Firstenergy - 0.9%
9. Syracuse Industrial Development Agency, Syracuse NY Indl Dev Agy Pilot Revenue - 0.9%
10. Booking Holdings - 0.9%

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