In plain terms — abrdn Total Dynamic Dividend Fund
Shares currently trade at about the value of the assets behind them.
Over the past year it has averaged a 2.4% discount, so today's level is somewhat high for this fund (Z-score +1.2). That describes the past; it does not predict where the discount goes next.
It pays regular distributions worth about 11.8% a year of the share price (11.8% of the assets). That is a payout rate, not a return: part of it may be capital being handed back.
Because the shares trade below the value of their assets, each dollar of reinvested distributions buys about $1.00 of assets — a ReinvestCapture™ rate of 11.8%. That is buying power, not a return.
The assets themselves grew 14.8% over the past year including distributions (NAV total return).
Annual costs are 1.21% of assets.
Guided view hides the statistical panels. Switch to Expert view in the grey bar to see them. Nothing here is advice.
Price and NAV, past year
Snapshot
Valuation vs. history
| Window | Average prem/disc | Std. dev. | Z-score | Observations |
|---|---|---|---|---|
| 3 months | +0.45% | 0.88% | -0.07 | 55 |
| 6 months | -0.98% | 1.75% | +0.78 | 108 |
| 1 year | -2.42% | 2.30% | +1.23 | 206 |
| 3 years | -8.85% | — | — | — |
| 5 years | -10.15% | — | — | — |
Current contemporaneous premium/discount +0.39% (close Oct 14, 2026 vs NAV Oct 13, 2026). 1-year range -7.91% to +2.75%. A negative Z-score means a wider discount than the window average — not that the fund is undervalued.
Performance
| Series | 1M | 3M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) |
|---|---|---|---|---|---|---|
| Market price return | -4.19% | -3.64% | +3.28% | +5.67% | +10.65% | +0.34% |
| Market price total return | -3.18% | -0.68% | +13.17% | +19.46% | +24.34% | +11.20% |
| NAV return | -1.55% | -2.96% | +1.09% | +1.80% | +5.13% | -1.32% |
| NAV total return | -0.50% | +0.06% | +10.64% | +14.78% | +17.07% | +8.34% |
Through Oct 14, 2026. Total return reinvests distributions at the series value on the ex-date. Cumulative ≤ 1 year, annualised beyond.
About the fund
The Abrdn Total Dynamic Dividend Fund, a closed-ended equity mutual fund, is managed by Alpine Woods Capital Investors, LLC. It strategically allocates capital across global public equity markets, targeting a diverse array of sectors and incorporating both growth and value-oriented companies across all market capitalizations. The fund employs a detailed fundamental analysis, integrating both bottom-up and top-down stock selection, with a particular focus on special dividends and dividend capture rotation to build its portfolio. Its performance is benchmarked against the S&P 500 TR Index, the MSCI ACWI Index, and the MSCI AC World Daily TR Ex Japan (Gross Div) Index. Formed in the United States on October 27, 2006, it conducts its own in-house research to inform investment choices.
CEF Explorer research page for abrdn Total Dynamic Dividend Fund. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.