# EDGAR Filing Document

**Accession Number:** 0001413594
**File Stem:** 0001752724-25-137936
**Filing Date:** 2025-6
**Character Count:** 12846
**Document Hash:** 7f709ba0c3c6b41448f7a01598c1868d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-137936.hdr.sgml**: 20250613

**ACCESSION NUMBER**: 0001752724-25-137936

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250613

**DATE AS OF CHANGE**: 20250613

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** abrdn Funds
- **CENTRAL INDEX KEY:** 0001413594

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22132
- **FILM NUMBER:** 251045362

**BUSINESS ADDRESS:**
- **STREET 1:** 1900 MARKET STREET
- **STREET 2:** SUITE 200
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19103
- **BUSINESS PHONE:** 215-405-5700

**MAIL ADDRESS:**
- **STREET 1:** 1900 MARKET STREET
- **STREET 2:** SUITE 200
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Aberdeen Funds
- **DATE OF NAME CHANGE:** 20070926

## Series and Classes Contracts Data

### abrdn Real Estate Fund (Series ID: S000061521)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000199217 | Institutional Class | AIGYX           |
| C000199218 | Class A             | AIAGX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** abrdn Funds

- **b. Investment Company Act file number:** 811-22132

- **c. CIK number of Registrant:** 0001413594

- **d. LEI of Registrant:** 549300U001OCRSJJXY43

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1900 Market Street

  - **City:** PHILADELPHIA

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19103

  - **Telephone number:** 215-405-5700

**Item A.2. Information about the Series.**

- **a. Name of Series:** abrdn Real Estate Fund

- **b. EDGAR series identifier (if any):** S000061521

- **c. LEI of Series:** 254900YH99OP8UACHG55

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $36202486.40

**Total Liabilities:** $55541.00

**Net Assets:** $36146945.40

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000199217 | 3.73%                | -3.59%               | -1.41%               |
| Class ID C000199218 | 3.79%                | -3.51%               | -1.40%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $518185.80               | $837756.35                                 |
| Month 2  | $-416625.16              | $-1148368.63                               |
| Month 3  | $-396267.52              | $-150285.27                                |

### Schedule of Portfolio Investments

| Name                                  | Title                                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Omega Healthcare Investors Inc        | Omega Healthcare Investors Inc                               | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               |  | US        |     25061 | NS      | $978632.05    | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                         | Welltower Inc                                                | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               |  | US        |     27841 | NS      | $4248258.19   | 11.75%            |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp                    | Realty Income Corp                                           | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               |  | US        |     31154 | NS      | $1802570.44   | 4.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc                            | Ventas Inc                                                   | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               |  | US        |     32652 | NS      | $2288252.16   | 6.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp                  | Regency Centers Corp                                         | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               |  | US        |     17339 | NS      | $1251529.02   | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities Inc                   | Sun Communities Inc                                          | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               |  | US        |      9082 | NS      | $1130073.26   | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                          | Prologis Inc                                                 | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               |  | US        |     27339 | NS      | $2794045.80   | 7.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group Inc            | Brixmor Property Group Inc                                   | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               |  | US        |     24709 | NS      | $615501.19    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                        | Public Storage                                               | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               |  | US        |      5713 | NS      | $1716356.59   | 4.75%             |  |  |  | No            |                  1 | On Loan: No      |
| American Healthcare REIT Inc          | American Healthcare REIT Inc                                 | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               |  | US        |     32798 | NS      | $1058719.44   | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts Inc             | Host Hotels & Resorts Inc                                    | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               |  | US        |     25519 | NS      | $360328.28    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR Properties                        | EPR Properties                                               | CUSIP: 26884U109<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EC               |  | US        |     14330 | NS      | $709191.70    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust Inc              | Essex Property Trust Inc                                     | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               |  | US        |      4644 | NS      | $1296372.60   | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust                 | Camden Property Trust                                        | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               |  | US        |      9842 | NS      | $1120019.60   | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                  | Vornado Realty Trust                                         | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               |  | US        |     10261 | NS      | $362008.08    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Curbline Properties Corp              | Curbline Properties Corp                                     | CUSIP: 23128Q101<br>LEI: 529900PGR41LH0I81I15 | Long             | EC               |  | US        |     30727 | NS      | $703341.03    | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities Inc             | AvalonBay Communities Inc                                    | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               |  | US        |      6862 | NS      | $1440882.76   | 3.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc              | Simon Property Group Inc                                     | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               |  | US        |     13748 | NS      | $2163660.24   | 5.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Smartstop Self Storage REIT Inc       | Smartstop Self Storage REIT Inc                              | CUSIP: 83192D402<br>LEI: 549300EC266625K12S42 | Long             | EC               |  | US        |     17100 | NS      | $600894.00    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors          | State Street Institutional U.S. Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |      2475 | NS      | $2475.12      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors          | State Street Institutional US Government Money Market Fund   | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |    541240 | NS      | $541240.23    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| NNN REIT Inc                          | NNN REIT Inc                                                 | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               |  | US        |     19527 | NS      | $802754.97    | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities Inc | Mid-America Apartment Communities Inc                        | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               |  | US        |      8917 | NS      | $1423599.05   | 3.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc              | Digital Realty Trust Inc                                     | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               |  | US        |     11845 | NS      | $1901596.30   | 5.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                           | Equinix Inc                                                  | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               |  | US        |      3493 | NS      | $3006599.75   | 8.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties Inc                | Cousins Properties Inc                                       | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               |  | US        |      9766 | NS      | $268955.64    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc                  | Invitation Homes Inc                                         | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               |  | US        |     45721 | NS      | $1563200.99   | 4.32%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-16

**Name of Applicant:** abrdn Funds

**Signature:** Michael Marsico

**Name of Signer:** Michael Marsico

**Title:** Treasurer