The abrdn National Municipal Income Fund is a closed-end fund specializing in U.S. municipal bonds. Managed by abrdn Inc., its primary objective is to provide investors with current income that is **exempt from regular federal income tax**, while also emphasizing **capital preservation**. The portfolio predominantly consists of investment grade municipal securities—such as airport, hospital, public power, and school district bonds—that span diverse segments of the municipal market. Most holdings are rated AA/Aa, reflecting the fund’s commitment to high credit quality and risk mitigation. A defining feature is its **monthly distribution policy**, which aims for steady, tax-advantaged income. The fund actively manages both interest rate and credit risks, employing strategies like a short-duration tilt and leveraging a cautious level of assets to enhance yield without sacrificing stability. Recent initiatives include an open-market share repurchase program designed to manage the discount to net asset value, benefiting current shareholders. Since its inception in 1993, the fund has provided a specialized vehicle for investors seeking reliable, tax-efficient cash flows via exposure to the municipal bond sector.
Based on technical indicators and chart patterns, XVFLX shows...
Market sentiment analysis indicates...