Abrdn Total Dynamic Dividend Fund Q3 2025 Commentary
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Aberdeen Asset Management164 FollowersFollow5ShareSavePlay(6min)CommentsSummaryThe abrdn Total Dynamic Dividend Fund outperformed its benchmark over the three-month period ending 31 October 2025 due to positive stock selection.Not holding the shares of Meta Platforms, which offers only a minimal yield, benefited the Fund's relative performance.Global equities rose over the three months to end-October, supported by strong corporate earnings and expectations that the US Federal Reserve would continue adjusting policy cautiously.Overall tariffs remain higher than pre-"Liberation Day" levels, leaving lingering concerns around their long-term economic impact.Our focus remains at the stock level, ensuring the portfolio is well diversified and robust enough to preserve capital. Darren415/iStock via Getty Images Fund performance The abrdn Total Dynamic Dividend Fund outperformed its benchmark over the three-month period ending 31 October 2025 as positive stock selection more than offset a negative effect from sector allocation.1 In termsThis article was written byAberdeen Asset Management164 FollowersFollowAberdeen Standard Investments is a leading global asset manager dedicated to creating long-term value for clients. To achieve this, we offer a comprehensive range of investment capabilities, as well as the highest levels of service. Overall, we manage $669.1 billion* on behalf of clients in 80 countries. In managing these assets, we employ over 1,000 investment professionals and provide client support from over 40 client relationship offices globally.
The Aberdeen Standard Investments brand was created in connection with the merger of Aberdeen Asset Management PLC and Standard Life Plc on 14 August 2017 to form Standard Life Aberdeen plc.Follow us on our Thinking Aloud blog: https://www.aberdeenstandard.com/en-us/us/investor/insights-thinking-aloud*June 30, 2019Quick InsightsHow did AOD achieve outperformance versus its benchmark this quarter?AOD outperformed through positive stock selection, notably by avoiding low-yielding META and benefiting from holdings in SSNGY, AVGO, and ASML.What macro risks and sector themes are shaping AOD's current positioning?AOD navigates persistent inflation, mixed central bank policies, and tariff uncertainty by maintaining broad diversification and focusing on stock-level fundamentals.Which holdings or exclusions materially impacted AOD's relative returns?Not holding TSLA and META aided performance, while TLPFY's weak results and BX's sector-driven pullback detracted, despite BX lacking direct private credit exposure.Recommended For You