ABRDN GLOBAL INFRASTRUCTURE INCOME FUND (ASGI) ANNOUNCES CLOSING AND REORGANIZATION OF ABRDN JAPAN EQUITY FUND, INC. (JEQ)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 13 2025
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Source: PRnewswire
Reorganization Announcement: The abrdn Global Infrastructure Income Fund (ASGI) has completed the reorganization of the abrdn Japan Equity Fund, Inc. (JEQ) as of October 10, 2025, with JEQ shareholders receiving ASGI shares equivalent to the net asset value of their JEQ holdings.
No Changes to Investment Strategy: The reorganization will not alter the investment objectives, strategies, structure, or policies of the Acquiring Fund (ASGI).
Analyst Views on ASGI
Wall Street analysts forecast ASGI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASGI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 22.820
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About ASGI
abrdn Global Infrastructure Income Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek to provide a high level of total return with an emphasis on current income. The Fund seeks to achieve its investment objective by investing primarily in a portfolio of income-producing public and private infrastructure equity investments around the world. The Fund may invest in issuers located anywhere in the world, including issuers located in emerging markets. The Fund may invest up to 20% of its net assets in securities issued by companies that are not infrastructure companies. It may invest in securities denominated in United States dollars and currencies of foreign countries. The Fund invests in various sectors, such as industrials, utilities, energy, communication services, real estate, materials and information technology. Its investment advisor is abrdn Inc. and its investment sub-advisor is abrdn Investments Limited.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
