WHEATON, Unwell.–(BUSINESS WIRE)–First Belief Advisors L.P. (FTA) introduced in the present day that the particular assembly of shareholders of First Belief Specialty Finance and Monetary Alternatives Fund (NYSE: FGB) (the Fund) held on August 22, 2024, has been adjourned with a view to allow extra solicitation of shareholders and to permit shareholders extra time to vote on the reorganization of the Fund with and into abrdn Complete Dynamic Dividend Fund (AOD). The particular assembly of shareholders of the Fund will reconvene on August 29, 2024, at 1:00 Central time within the workplaces of FTA at 120 East Liberty Drive, Suite 400, Wheaton, Illinois (the Assembly).
Shareholders of document of the Fund as of the shut of enterprise on October 23, 2023, are entitled to vote on the Assembly. Whether or not or not shareholders plan to attend the Assembly, it can be crucial that their shares be represented and voted on the Assembly. Shareholders could vote their shares by one of many strategies described within the proxy supplies beforehand mailed to them, which features a mixed proxy assertion and prospectus (the proxy assertion). The proxy assertion accommodates essential info relating to the proposed reorganization and shareholders of the Fund are urged to learn the proxy assertion and accompanying supplies fastidiously. The proxy assertion can also be obtainable at https://www.ftportfolios.com/Widespread/ContentFileLoader.aspx?ContentGUID=de49faa8-90bb-4a7d-97b2-5e0fafab8f37 and the Securities and Alternate Fee’s web site at www.sec.gov. If shareholders have any questions relating to the proposals, or want help voting, they might name EQ Fund Options, LLC at (866) 796-7172. The Board of Trustees of the Fund believes the reorganization is in one of the best pursuits of the Fund and advocate that shareholders vote FOR the reorganization.
FTA is a federally registered funding advisor and serves because the funding advisor of the Fund. FTA and its affiliate First Belief Portfolios L.P. (FTP), a FINRA registered broker-dealer, are privately-held firms that present quite a lot of funding providers. FTA has collective property underneath administration or supervision of roughly $235 billion as of July 31, 2024, by way of unit funding trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts. FTA is the supervisor of the First Belief unit funding trusts, whereas FTP is the sponsor. FTP can also be a distributor of mutual fund shares and exchange-traded fund creation models. FTA and FTP are primarily based in Wheaton, Illinois.
In the US, abrdn is the advertising identify for the next affiliated, registered funding advisers: abrdn Inc., abrdn Investments Restricted, abrdn Asia Restricted, and abrdn ETFs Advisors LLC.
Extra Info / Ahead-Wanting Statements
This press launch is just not supposed to, and shall not, represent a suggestion to buy or promote shares of the Fund or AOD; neither is this press launch supposed to solicit a proxy from any shareholder of the Fund. The Fund and their trustees and officers, FTA, abrdn and sure of their respective officers and workers, and different individuals could also be deemed underneath the principles of the Securities and Alternate Fee to be members within the solicitation of proxies from shareholders in reference to the issues described above. Details about the Fund’s trustees and officers, FTA and its officers and workers, and different individuals could also be discovered within the proxy assertion.
Sure statements made on this information launch that aren’t historic details are known as forward-looking statements underneath the U.S. federal securities legal guidelines. Precise future outcomes or occurrences could differ considerably from these anticipated in any forward-looking statements resulting from quite a few components. Usually, the phrases imagine, anticipate, intend, estimate, anticipate, challenge, will and related expressions determine forward-looking statements, which usually aren’t historic in nature. Ahead-looking statements are topic to sure dangers and uncertainties that might trigger precise outcomes to vary from the historic expertise of FTA and the funds managed by FTA and its current expectations or projections. You shouldn’t place undue reliance on forward-looking statements, which communicate solely as of the date they’re made. FTA, the Fund and AOD undertake no accountability to replace publicly or revise any forward-looking statements.
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Jeff Margolin “ (630) 517-7643
Daniel Lindquist “ (630) 765-8692
Chris Fallow “ (630) 517-7628
Supply: First Belief Advisors L.P.
