Le Lézard
Classified in: Business
Subject: DIV

The India Fund, Inc. Announces Distribution


PHILADELPHIA, Dec. 19, 2017 /PRNewswire/ -- The India Fund, Inc. (NYSE: IFN) (the "Fund"), a closed-end equity fund, announced today that it will pay a distribution of US$2.83405 per share on January 8, 2018 to all shareholders of record as of December 29, 2017.  This distribution is comprised of $0.00007 per share of net realized short-term capital gains and $2.83398 per share of net realized long-term capital gains.

Aberdeen Asset Management Inc. At Aberdeen, asset management is our business. We only manage assets for clients, allowing us to focus solely on their needs and deliver independent, objective investment advice. We know global markets from the local level upwards, drawing on more than 1,900 staff, across 32 offices in 23 countries. Investment teams are based in the markets or regions where they invest, delivering local perspective in a global investment environment. (PRNewsFoto/Aberdeen Asset Management Inc.)

In January 2018, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of distributions and provide information with respect to their appropriate tax treatment for the 2017 calendar year.   

The Fund is managed and advised by Aberdeen Asset Management Asia Limited. The Fund's shares trade on the NYSE under the symbol "IFN".

You should not draw any conclusions about the Fund's investment performance from the amount of this distribution. 

Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that the Fund will achieve its investment objective.

If you If you wish to receive this information electronically, please contact [email protected]

aberdeenifn.com

 

 

 

SOURCE The India Fund, Inc.


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