The reorganization of abrdn National Municipal Income Fund (“VFL”) into Aberdeen Municipal Income Fund (NYSE; MFM) (the “Fund”) was successfully completed prior to the opening of the New York Stock Exchange on July 13, 2026.
In the reorganization, VFL’s common shareholders received an amount of MFM common shares with a net asset value equal to the aggregate net asset value of their holdings of VFL’s common shares, as determined at the close of regular business on July 10, 2026.
VFL common shareholders received 1.87521869 of a newly issued MFM common share for every 1 share of VFL that they had previously held.
Relevant details pertaining to the reorganization are as follows:
Acquiring Fund
Acquired Fund
Acquiring Fund NAV per Share ($)
07/10/2026
Acquired Fund NAV per Share ($)
07/10/2026
Conversion Ratio
MFM
VFL
$6.0322
$11.3116
1.87521869
There are no proposed changes to the current investment objective, strategies, structure, or policies of MFM because of the reorganization.
