Allspring Global Investments Holdings LLC Decreases Holdings in Abrdn Emerging Markets Equity Income Fund Inc $AEF
Allspring Global Investments Holdings LLC significantly decreased its stake in Abrdn Emerging Markets Equity Income Fund Inc (NYSE:AEF) by 9.0% in Q4, selling 279,702 shares and ending with 2,840,745 shares valued at approximately $19.9 million. This move represents about 7.00% ownership of the company. Despite this reduction from a major institutional investor, the fund recently increased its quarterly dividend to $0.21 per share, leading to an annualized dividend of $0.84 and an 11.4% yield.