# EDGAR Filing Document

**Accession Number:** 0001362481
**File Stem:** 0001410368-26-029985
**Filing Date:** 2026-3
**Character Count:** 67970
**Document Hash:** e0e5f70aed9c8f6442948f818f086d42
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-029985.hdr.sgml**: 20260325

**ACCESSION NUMBER**: 0001410368-26-029985

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260325

**DATE AS OF CHANGE**: 20260325

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** abrdn Global Dynamic Dividend Fund
- **CENTRAL INDEX KEY:** 0001362481

**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:** 811-21901
- **FILM NUMBER:** 26789686

**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 GLOBAL DYNAMIC DIVIDEND FUND
- **DATE OF NAME CHANGE:** 20180508

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALPINE GLOBAL DYNAMIC DIVIDEND FUND
- **DATE OF NAME CHANGE:** 20060511

## Nport-Ex

### Portfolio of Investments (unaudited) <br> As of January 31, 2026

#### abrdn Global Dynamic Dividend Fund

------

---

| | | | |
|:---|:---|:---|:---|
| | &nbsp;&nbsp;**Shares or<br> Principal<br> Amount** | &nbsp;&nbsp;**Shares or<br> Principal<br> Amount** | **Value** |
| &nbsp;&nbsp;**COMMON STOCKS—95.1%** | &nbsp;&nbsp;**COMMON STOCKS—95.1%** | &nbsp;&nbsp;**COMMON STOCKS—95.1%** |  |
| &nbsp;&nbsp;**AUSTRALIA—1.4%** | &nbsp;&nbsp;**AUSTRALIA—1.4%** | &nbsp;&nbsp;**AUSTRALIA—1.4%** | &nbsp;&nbsp;**AUSTRALIA—1.4%** |
| &nbsp;&nbsp;**Materials—1.4%** | &nbsp;&nbsp;**Materials—1.4%** | &nbsp;&nbsp;**Materials—1.4%** | &nbsp;&nbsp;**Materials—1.4%** |
| &nbsp;&nbsp;Rio Tinto PLC, ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;45400 | &nbsp;&nbsp;$4132762 |
| &nbsp;&nbsp;**BRAZIL—1.0%** | &nbsp;&nbsp;**BRAZIL—1.0%** | &nbsp;&nbsp;**BRAZIL—1.0%** | &nbsp;&nbsp;**BRAZIL—1.0%** |
| &nbsp;&nbsp;**Industrials—1.0%** | &nbsp;&nbsp;**Industrials—1.0%** | &nbsp;&nbsp;**Industrials—1.0%** | &nbsp;&nbsp;**Industrials—1.0%** |
| &nbsp;&nbsp;Rumo SA |  | 1119300 | &nbsp;&nbsp;&nbsp;&nbsp; 3139208 |
| &nbsp;&nbsp;**CHINA—2.8%** | &nbsp;&nbsp;**CHINA—2.8%** | &nbsp;&nbsp;**CHINA—2.8%** | &nbsp;&nbsp;**CHINA—2.8%** |
| &nbsp;&nbsp;**Communication Services—1.8%** | &nbsp;&nbsp;**Communication Services—1.8%** | &nbsp;&nbsp;**Communication Services—1.8%** | &nbsp;&nbsp;**Communication Services—1.8%** |
| &nbsp;&nbsp;Tencent Holdings Ltd. |  | &nbsp;&nbsp;&nbsp;&nbsp;71100 | &nbsp;&nbsp;&nbsp;&nbsp; 5464874 |
| &nbsp;&nbsp;**Industrials—1.0%** | &nbsp;&nbsp;**Industrials—1.0%** | &nbsp;&nbsp;**Industrials—1.0%** | &nbsp;&nbsp;**Industrials—1.0%** |
| &nbsp;&nbsp;Contemporary Amperex Technology Co. Ltd., A Shares (Stock Connect)<sup>(a)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;59283 | &nbsp;&nbsp;&nbsp;&nbsp; 2991246 |
| &nbsp;&nbsp;**Total China** | &nbsp;&nbsp;**Total China** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8456120** |
| &nbsp;&nbsp;**DENMARK—2.0%** | &nbsp;&nbsp;**DENMARK—2.0%** | &nbsp;&nbsp;**DENMARK—2.0%** | &nbsp;&nbsp;**DENMARK—2.0%** |
| &nbsp;&nbsp;**Consumer Discretionary—0.3%** | &nbsp;&nbsp;**Consumer Discretionary—0.3%** | &nbsp;&nbsp;**Consumer Discretionary—0.3%** | &nbsp;&nbsp;**Consumer Discretionary—0.3%** |
| &nbsp;&nbsp;Pandora AS |  | &nbsp;&nbsp;&nbsp;&nbsp;12600 | &nbsp;&nbsp;&nbsp;&nbsp; 1019890 |
| &nbsp;&nbsp;**Financials—0.9%** | &nbsp;&nbsp;**Financials—0.9%** | &nbsp;&nbsp;**Financials—0.9%** | &nbsp;&nbsp;**Financials—0.9%** |
| &nbsp;&nbsp;Tryg AS |  | &nbsp;&nbsp;&nbsp;&nbsp;109800 | &nbsp;&nbsp;&nbsp;&nbsp; 2668470 |
| &nbsp;&nbsp;**Health Care—0.8%** | &nbsp;&nbsp;**Health Care—0.8%** | &nbsp;&nbsp;**Health Care—0.8%** | &nbsp;&nbsp;**Health Care—0.8%** |
| &nbsp;&nbsp;Novo Nordisk AS, Class B |  | &nbsp;&nbsp;&nbsp;&nbsp;41300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2452362 |
| &nbsp;&nbsp;**Total Denmark** | &nbsp;&nbsp;**Total Denmark** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6140722** |
| &nbsp;&nbsp;**FRANCE—5.8%** | &nbsp;&nbsp;**FRANCE—5.8%** | &nbsp;&nbsp;**FRANCE—5.8%** | &nbsp;&nbsp;**FRANCE—5.8%** |
| &nbsp;&nbsp;**Consumer Discretionary—0.7%** | &nbsp;&nbsp;**Consumer Discretionary—0.7%** | &nbsp;&nbsp;**Consumer Discretionary—0.7%** | &nbsp;&nbsp;**Consumer Discretionary—0.7%** |
| &nbsp;&nbsp;LVMH Moet Hennessy Louis Vuitton SE |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000753 |
| &nbsp;&nbsp;**Consumer Staples—1.4%** | &nbsp;&nbsp;**Consumer Staples—1.4%** | &nbsp;&nbsp;**Consumer Staples—1.4%** | &nbsp;&nbsp;**Consumer Staples—1.4%** |
| &nbsp;&nbsp;Danone SA |  | &nbsp;&nbsp;&nbsp;&nbsp;32200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2523188 |
| &nbsp;&nbsp;Pernod Ricard SA |  | &nbsp;&nbsp;&nbsp;&nbsp;20500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1833041 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4356229 |
| &nbsp;&nbsp;**Energy—1.0%** | &nbsp;&nbsp;**Energy—1.0%** | &nbsp;&nbsp;**Energy—1.0%** | &nbsp;&nbsp;**Energy—1.0%** |
| &nbsp;&nbsp;TotalEnergies SE |  | &nbsp;&nbsp;&nbsp;&nbsp;41200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2982880 |
| &nbsp;&nbsp;**Industrials—0.6%** | &nbsp;&nbsp;**Industrials—0.6%** | &nbsp;&nbsp;**Industrials—0.6%** | &nbsp;&nbsp;**Industrials—0.6%** |
| &nbsp;&nbsp;Teleperformance SE |  | &nbsp;&nbsp;&nbsp;&nbsp;29300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1892645 |
| &nbsp;&nbsp;**Utilities—2.1%** | &nbsp;&nbsp;**Utilities—2.1%** | &nbsp;&nbsp;**Utilities—2.1%** | &nbsp;&nbsp;**Utilities—2.1%** |
| &nbsp;&nbsp;Engie SA |  | &nbsp;&nbsp;&nbsp;109900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3281219 |
| &nbsp;&nbsp;Veolia Environnement SA |  | &nbsp;&nbsp;&nbsp;&nbsp;82200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3083088 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6364307 |
| &nbsp;&nbsp;**Total France** | &nbsp;&nbsp;**Total France** |  | &nbsp;&nbsp;&nbsp;&nbsp;**17596814** |
| &nbsp;&nbsp;**GERMANY—3.0%** | &nbsp;&nbsp;**GERMANY—3.0%** | &nbsp;&nbsp;**GERMANY—3.0%** | &nbsp;&nbsp;**GERMANY—3.0%** |
| &nbsp;&nbsp;**Communication Services—1.0%** | &nbsp;&nbsp;**Communication Services—1.0%** | &nbsp;&nbsp;**Communication Services—1.0%** | &nbsp;&nbsp;**Communication Services—1.0%** |
| &nbsp;&nbsp;Deutsche Telekom AG |  | &nbsp;&nbsp;&nbsp;&nbsp;87400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2932992 |
| &nbsp;&nbsp;**Financials—0.8%** | &nbsp;&nbsp;**Financials—0.8%** | &nbsp;&nbsp;**Financials—0.8%** | &nbsp;&nbsp;**Financials—0.8%** |
| &nbsp;&nbsp;Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2484913 |
| &nbsp;&nbsp;**Utilities—1.2%** | &nbsp;&nbsp;**Utilities—1.2%** | &nbsp;&nbsp;**Utilities—1.2%** | &nbsp;&nbsp;**Utilities—1.2%** |
| &nbsp;&nbsp;RWE AG |  | &nbsp;&nbsp;&nbsp;&nbsp;55800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3543515 |
| &nbsp;&nbsp;**Total Germany** | &nbsp;&nbsp;**Total Germany** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8961420** |
| &nbsp;&nbsp;**HONG KONG—1.1%** | &nbsp;&nbsp;**HONG KONG—1.1%** | &nbsp;&nbsp;**HONG KONG—1.1%** | &nbsp;&nbsp;**HONG KONG—1.1%** |
| &nbsp;&nbsp;**Financials—1.1%** | &nbsp;&nbsp;**Financials—1.1%** | &nbsp;&nbsp;**Financials—1.1%** | &nbsp;&nbsp;**Financials—1.1%** |
| &nbsp;&nbsp;Hong Kong Exchanges & Clearing Ltd. |  | &nbsp;&nbsp;&nbsp;&nbsp;62500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3445692 |

---

---

| | | |
|:---|:---|:---|
| | &nbsp;&nbsp;**Shares or<br> Principal<br> Amount** | **Value** |
| &nbsp;&nbsp;**INDIA—0.5%** | &nbsp;&nbsp;**INDIA—0.5%** | &nbsp;&nbsp;**INDIA—0.5%** |
| &nbsp;&nbsp;**Utilities—0.5%** | &nbsp;&nbsp;**Utilities—0.5%** | &nbsp;&nbsp;**Utilities—0.5%** |
| &nbsp;&nbsp;NTPC Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;366000 | &nbsp;&nbsp;$1410519 |
| &nbsp;&nbsp;**ISRAEL—0.6%** | &nbsp;&nbsp;**ISRAEL—0.6%** | &nbsp;&nbsp;**ISRAEL—0.6%** |
| &nbsp;&nbsp;**Energy—0.6%** | &nbsp;&nbsp;**Energy—0.6%** | &nbsp;&nbsp;**Energy—0.6%** |
| &nbsp;&nbsp;Energean PLC | &nbsp;&nbsp;&nbsp;&nbsp;158600 | &nbsp;&nbsp;&nbsp;&nbsp; 1839248 |
| &nbsp;&nbsp;**JAPAN—1.4%** | &nbsp;&nbsp;**JAPAN—1.4%** | &nbsp;&nbsp;**JAPAN—1.4%** |
| &nbsp;&nbsp;**Financials—1.4%** | &nbsp;&nbsp;**Financials—1.4%** | &nbsp;&nbsp;**Financials—1.4%** |
| &nbsp;&nbsp;Mitsubishi UFJ Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;241000 | &nbsp;&nbsp;&nbsp;&nbsp; 4364595 |
| &nbsp;&nbsp;**NETHERLANDS—6.4%** | &nbsp;&nbsp;**NETHERLANDS—6.4%** | &nbsp;&nbsp;**NETHERLANDS—6.4%** |
| &nbsp;&nbsp;**Communication Services—0.9%** | &nbsp;&nbsp;**Communication Services—0.9%** | &nbsp;&nbsp;**Communication Services—0.9%** |
| &nbsp;&nbsp;Universal Music Group N.V. | &nbsp;&nbsp;&nbsp;&nbsp;111000 | &nbsp;&nbsp;&nbsp;&nbsp; 2721447 |
| &nbsp;&nbsp;**Financials—1.6%** | &nbsp;&nbsp;**Financials—1.6%** | &nbsp;&nbsp;**Financials—1.6%** |
| &nbsp;&nbsp;ING Groep NV | &nbsp;&nbsp;&nbsp;&nbsp;168000 | &nbsp;&nbsp;&nbsp;&nbsp; 4954470 |
| &nbsp;&nbsp;**Information Technology—3.9%** | &nbsp;&nbsp;**Information Technology—3.9%** | &nbsp;&nbsp;**Information Technology—3.9%** |
| &nbsp;&nbsp;ASML Holding NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3800 | &nbsp;&nbsp;&nbsp;&nbsp; 5448840 |
| &nbsp;&nbsp;BE Semiconductor Industries NV | &nbsp;&nbsp;&nbsp;&nbsp;15800 | &nbsp;&nbsp;&nbsp;&nbsp; 3075364 |
| &nbsp;&nbsp;NXP Semiconductors NV | &nbsp;&nbsp;&nbsp;&nbsp;13900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3143346 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11667550 |
| &nbsp;&nbsp;**Total Netherlands** |  | &nbsp;&nbsp;&nbsp;&nbsp;**19343467** |
| &nbsp;&nbsp;**TAIWAN—4.0%** | &nbsp;&nbsp;**TAIWAN—4.0%** | &nbsp;&nbsp;**TAIWAN—4.0%** |
| &nbsp;&nbsp;**Information Technology—4.0%** | &nbsp;&nbsp;**Information Technology—4.0%** | &nbsp;&nbsp;**Information Technology—4.0%** |
| &nbsp;&nbsp;Hon Hai Precision Industry Co. Ltd. | &nbsp;&nbsp;453400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3134091 |
| &nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co. Ltd. | &nbsp;&nbsp;&nbsp;165000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9123824 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12257915 |
| &nbsp;&nbsp;**UNITED KINGDOM—4.7%** | &nbsp;&nbsp;**UNITED KINGDOM—4.7%** | &nbsp;&nbsp;**UNITED KINGDOM—4.7%** |
| &nbsp;&nbsp;**Consumer Discretionary—0.9%** | &nbsp;&nbsp;**Consumer Discretionary—0.9%** | &nbsp;&nbsp;**Consumer Discretionary—0.9%** |
| &nbsp;&nbsp;Taylor Wimpey PLC | 1821000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2662230 |
| &nbsp;&nbsp;**Financials—0.9%** | &nbsp;&nbsp;**Financials—0.9%** | &nbsp;&nbsp;**Financials—0.9%** |
| &nbsp;&nbsp;London Stock Exchange Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;24800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2766243 |
| &nbsp;&nbsp;**Health Care—1.5%** | &nbsp;&nbsp;**Health Care—1.5%** | &nbsp;&nbsp;**Health Care—1.5%** |
| &nbsp;&nbsp;AstraZeneca PLC, ADR<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;48400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4490068 |
| &nbsp;&nbsp;**Industrials—0.8%** | &nbsp;&nbsp;**Industrials—0.8%** | &nbsp;&nbsp;**Industrials—0.8%** |
| &nbsp;&nbsp;BAE Systems PLC | &nbsp;&nbsp;&nbsp;&nbsp;84300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2288487 |
| &nbsp;&nbsp;**Real Estate—0.6%** | &nbsp;&nbsp;**Real Estate—0.6%** | &nbsp;&nbsp;**Real Estate—0.6%** |
| &nbsp;&nbsp;UNITE Group PLC, REIT | &nbsp;&nbsp;244400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1900793 |
| &nbsp;&nbsp;**Total United Kingdom** |  | &nbsp;&nbsp;&nbsp;&nbsp;**14107821** |
| &nbsp;&nbsp;**UNITED STATES—60.4%** | &nbsp;&nbsp;**UNITED STATES—60.4%** | &nbsp;&nbsp;**UNITED STATES—60.4%** |
| &nbsp;&nbsp;**Communication Services—4.9%** | &nbsp;&nbsp;**Communication Services—4.9%** | &nbsp;&nbsp;**Communication Services—4.9%** |
| &nbsp;&nbsp;Alphabet, Inc., Class C<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;31800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10765254 |
| &nbsp;&nbsp;Array Digital Infrastructure, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;87300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4206987 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14972241 |
| &nbsp;&nbsp;**Consumer Discretionary—5.1%** | &nbsp;&nbsp;**Consumer Discretionary—5.1%** | &nbsp;&nbsp;**Consumer Discretionary—5.1%** |
| &nbsp;&nbsp;Lowe's Cos., Inc.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;15600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4166136 |
| &nbsp;&nbsp;Meritage Homes Corp. | &nbsp;&nbsp;&nbsp;&nbsp;38000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2641380 |
| &nbsp;&nbsp;NIKE, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp;45900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2837079 |
| &nbsp;&nbsp;TJX Cos., Inc.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;24500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3670345 |
| &nbsp;&nbsp;Wyndham Hotels & Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;28800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2096352 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15411292 |
| &nbsp;&nbsp;**Consumer Staples—5.7%** | &nbsp;&nbsp;**Consumer Staples—5.7%** | &nbsp;&nbsp;**Consumer Staples—5.7%** |
| &nbsp;&nbsp;Coca-Cola Co.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;45700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3418817 |
| &nbsp;&nbsp;Keurig Dr. Pepper, Inc. | &nbsp;&nbsp;&nbsp;100500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2757720 |

---

See accompanying Notes to Portfolio of Investments.

------

### Portfolio of Investments (unaudited) (continued)<br> As of January 31, 2026

#### abrdn Global Dynamic Dividend Fund

------

---

| | | |
|:---|:---|:---|
| | &nbsp;&nbsp;**Shares or<br> Principal<br> Amount** | **Value** |
| &nbsp;&nbsp;**COMMON STOCKS (continued)** | &nbsp;&nbsp;**COMMON STOCKS (continued)** |  |
| &nbsp;&nbsp;**UNITED STATES (continued)** | &nbsp;&nbsp;**UNITED STATES (continued)** | &nbsp;&nbsp;**UNITED STATES (continued)** |
| &nbsp;&nbsp;**Consumer Staples (continued)** | &nbsp;&nbsp;**Consumer Staples (continued)** | &nbsp;&nbsp;**Consumer Staples (continued)** |
| &nbsp;&nbsp;Mondelez International, Inc., Class A<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;52200 | &nbsp;&nbsp;$3052134 |
| &nbsp;&nbsp;Nestle SA | &nbsp;&nbsp;&nbsp;&nbsp;32510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3102316 |
| &nbsp;&nbsp;Primo Brands Corp. | &nbsp;&nbsp;&nbsp;&nbsp;94700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1793618 |
| &nbsp;&nbsp;Target Corp.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;29300 | &nbsp;&nbsp;&nbsp;&nbsp; 3090271 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17214876 |
| &nbsp;&nbsp;**Energy—2.8%** | &nbsp;&nbsp;**Energy—2.8%** | &nbsp;&nbsp;**Energy—2.8%** |
| &nbsp;&nbsp;ONEOK, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;39300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3112167 |
| &nbsp;&nbsp;SLB Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;30500 | &nbsp;&nbsp;&nbsp;&nbsp; 1475590 |
| &nbsp;&nbsp;Williams Cos., Inc.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;57600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3874176 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8461933 |
| &nbsp;&nbsp;**Financials—8.0%** | &nbsp;&nbsp;**Financials—8.0%** | &nbsp;&nbsp;**Financials—8.0%** |
| &nbsp;&nbsp;Bank of America Corp.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;70100 | &nbsp;&nbsp;&nbsp;&nbsp; 3729320 |
| &nbsp;&nbsp;Blackstone, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;22200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3161724 |
| &nbsp;&nbsp;CME Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;11900 | &nbsp;&nbsp;&nbsp;&nbsp; 3439814 |
| &nbsp;&nbsp;Fidelity National Information Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;42600 | &nbsp;&nbsp;&nbsp;&nbsp; 2353650 |
| &nbsp;&nbsp;Goldman Sachs Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4022263 |
| &nbsp;&nbsp;JPMorgan Chase & Co. | &nbsp;&nbsp;&nbsp;&nbsp;14300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4374227 |
| &nbsp;&nbsp;MetLife, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;39700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3131536 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24212534 |
| &nbsp;&nbsp;**Health Care—7.3%** | &nbsp;&nbsp;**Health Care—7.3%** | &nbsp;&nbsp;**Health Care—7.3%** |
| &nbsp;&nbsp;AbbVie, Inc.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;15712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3503933 |
| &nbsp;&nbsp;Becton Dickinson & Co. | &nbsp;&nbsp;&nbsp;&nbsp;14600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2970808 |
| &nbsp;&nbsp;CVS Health Corp. | &nbsp;&nbsp;&nbsp;&nbsp;32200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2399544 |
| &nbsp;&nbsp;Medtronic PLC<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;31100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3202056 |
| &nbsp;&nbsp;Merck & Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;31400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3462478 |
| &nbsp;&nbsp;Roche Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3501495 |
| &nbsp;&nbsp;Sanofi SA | &nbsp;&nbsp;&nbsp;&nbsp;31600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2980627 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22020941 |
| &nbsp;&nbsp;**Industrials—7.4%** | &nbsp;&nbsp;**Industrials—7.4%** | &nbsp;&nbsp;**Industrials—7.4%** |
| &nbsp;&nbsp;FedEx Corp.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;10600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3415850 |
| &nbsp;&nbsp;Ferrovial SE | &nbsp;&nbsp;&nbsp;&nbsp;43847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2961647 |
| &nbsp;&nbsp;Honeywell International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;17507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3983193 |
| &nbsp;&nbsp;Lockheed Martin Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2410036 |
| &nbsp;&nbsp;Norfolk Southern Corp. | &nbsp;&nbsp;&nbsp;&nbsp;11600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3378384 |
| &nbsp;&nbsp;Schneider Electric SE | &nbsp;&nbsp;&nbsp;&nbsp;11400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3268401 |
| &nbsp;&nbsp;Waste Management, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;13900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3089136 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22506647 |
| &nbsp;&nbsp;**Information Technology—13.6%** | &nbsp;&nbsp;**Information Technology—13.6%** | &nbsp;&nbsp;**Information Technology—13.6%** |
| &nbsp;&nbsp;Accenture PLC, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2610036 |
| &nbsp;&nbsp;Amdocs Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;31200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2556528 |
| &nbsp;&nbsp;Analog Devices, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2269424 |
| &nbsp;&nbsp;Apple, Inc.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;35300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9159644 |
| &nbsp;&nbsp;Broadcom, Inc.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;27400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9077620 |
| &nbsp;&nbsp;Cisco Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;55900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4378088 |
| &nbsp;&nbsp;Microsoft Corp.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;20800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8950032 |
| &nbsp;&nbsp;Oracle Corp. | &nbsp;&nbsp;&nbsp;&nbsp;14500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2386410 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41387782 |
| &nbsp;&nbsp;**Materials—1.3%** | &nbsp;&nbsp;**Materials—1.3%** | &nbsp;&nbsp;**Materials—1.3%** |
| &nbsp;&nbsp;Linde PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3838548 |

---

---

| | | |
|:---|:---|:---|
| | &nbsp;&nbsp;**Shares or<br> Principal<br> Amount** | **Value** |
| &nbsp;&nbsp;**Real Estate—1.6%** | &nbsp;&nbsp;**Real Estate—1.6%** | &nbsp;&nbsp;**Real Estate—1.6%** |
| &nbsp;&nbsp;American Tower Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp;14800 | &nbsp;&nbsp;$2653344 |
| &nbsp;&nbsp;Gaming & Leisure Properties, Inc., REIT<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;52391 | &nbsp;&nbsp;&nbsp;&nbsp; 2344497 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4997841 |
| &nbsp;&nbsp;**Utilities—2.7%** | &nbsp;&nbsp;**Utilities—2.7%** | &nbsp;&nbsp;**Utilities—2.7%** |
| &nbsp;&nbsp;CMS Energy Corp.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;36700 | &nbsp;&nbsp;&nbsp;&nbsp; 2623683 |
| &nbsp;&nbsp;FirstEnergy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;57800 | &nbsp;&nbsp;&nbsp;&nbsp; 2736252 |
| &nbsp;&nbsp;NextEra Energy, Inc.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;32700 | &nbsp;&nbsp;&nbsp;&nbsp; 2874330 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8234265 |
| &nbsp;&nbsp;**Total United States** |  | &nbsp;&nbsp;**183258900** |
| &nbsp;&nbsp;**Total Common Stocks** |  | &nbsp;&nbsp;**288455203** |
| &nbsp;&nbsp;**CORPORATE BONDS—0.0%** | &nbsp;&nbsp;**CORPORATE BONDS—0.0%** |  |
| &nbsp;&nbsp;**UNITED STATES—0.0%** | &nbsp;&nbsp;**UNITED STATES—0.0%** | &nbsp;&nbsp;**UNITED STATES—0.0%** |
| &nbsp;&nbsp;**Diversified Financial Services —0.0%** |  |  |
| &nbsp;&nbsp;Fixed Income Pass-Through Trust, 0.00%, 01/15/2087<sup>(c)(d)(e)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp; – |
| &nbsp;&nbsp;**Total Corporate Bonds** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**–** |
| &nbsp;&nbsp;**PREFERRED STOCKS—2.5%** | &nbsp;&nbsp;**PREFERRED STOCKS—2.5%** |  |
| &nbsp;&nbsp;**SOUTH KOREA—2.5%** | &nbsp;&nbsp;**SOUTH KOREA—2.5%** | &nbsp;&nbsp;**SOUTH KOREA—2.5%** |
| &nbsp;&nbsp;**Information Technology—2.5%** | &nbsp;&nbsp;**Information Technology—2.5%** | &nbsp;&nbsp;**Information Technology—2.5%** |
| &nbsp;&nbsp;Samsung Electronics Co. Ltd.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;95300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7719398 |
| &nbsp;&nbsp;**Total Preferred Stocks** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7719398** |
| &nbsp;&nbsp;**SHORT-TERM INVESTMENT—1.3%** | &nbsp;&nbsp;**SHORT-TERM INVESTMENT—1.3%** |  |
| &nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund, Premier Class, 3.65%<sup>(f)</sup> | 3917923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3917923 |
| &nbsp;&nbsp;**Total Short-Term Investment** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3917923** |
| &nbsp;&nbsp;**Total Investments<br> (Cost $224,189,174)—98.9%** | &nbsp;&nbsp;**Total Investments<br> (Cost $224,189,174)—98.9%** | &nbsp;&nbsp;&nbsp;**300092524** |
| &nbsp;&nbsp;Long Term Debt Securities—(0.0%) | &nbsp;&nbsp;Long Term Debt Securities—(0.0%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44) |
| &nbsp;&nbsp;Other Assets in Excess of Liabilities—1.1% | &nbsp;&nbsp;Other Assets in Excess of Liabilities—1.1% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3199417 |
| &nbsp;&nbsp;**Net Assets—100.0%** | &nbsp;&nbsp;**Net Assets—100.0%** | &nbsp;&nbsp;**$303291897** |

---

---

| | |
|:---|:---|
| (a) | China A Shares. These shares are issued in local currency, traded in the local stock markets and are held through either a Qualified Foreign Institutional Investor (QFII) license or the Shanghai or Shenzhen Hong-Kong Stock Connect program. |
| (b) | All or a portion of the security has been designated as collateral for the line of credit. |
| (c) | Denotes a security issued under Regulation S or Rule 144A. |
| (d) | The maturity date presented for these instruments represents the next call/put date. |
| (e) | Level 3 security. See Note 1(a) of the accompanying Notes to Portfolio of Investments. |
| (f) | Registered investment company advised by State Street Investment Management. The rate shown is the 7 day yield as of January 31, 2026. |
|  | Amounts listed as "–" are $0 or round to $0. |

---

See accompanying Notes to Portfolio of Investments.

------

### Portfolio of Investments (unaudited) (concluded)<br> As of January 31, 2026

#### abrdn Global Dynamic Dividend Fund

------

---

| | |
|:---|:---|
| ADR | American Depositary Receipt |
| EUR | Euro Currency |
| PLC | Public Limited Company |
| REIT | Real Estate Investment Trust |
| USD | U.S. Dollar |

---

As of January 31, 2026, the Fund held the following forward foreign currency contracts:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Sale Contracts<br> Settlement Date** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Currency<br> Purchased** | &nbsp;&nbsp;**Amount<br> Purchased** | &nbsp;&nbsp;**Currency<br> Sold** | &nbsp;&nbsp;**Amount<br> Sold** | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Unrealized<br> Appreciation/<br> (Depreciation)** |
| &nbsp;&nbsp;**United States Dollar/Euro** | &nbsp;&nbsp;**United States Dollar/Euro** | &nbsp;&nbsp;**United States Dollar/Euro** |  |  |  |  |  |
| &nbsp;&nbsp;04/15/2026 | &nbsp;&nbsp;Citibank N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;22810475 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;19400000 | &nbsp;&nbsp;$23072638 | &nbsp;&nbsp;$(262163) |

---

See accompanying Notes to Portfolio of Investments.

------

Notes to Portfolio of Investments <br> January 31, 2026 (unaudited)

------

1. Summary of Significant Accounting Policies

a. Security Valuation:

The Fund values its securities at fair value, consistent with regulatory requirements. "Fair value" is defined in the Fund's Valuation and Liquidity Procedures as the price that could be received to sell an asset or paid to transfer a liability in an orderly transaction between willing market participants without a compulsion to transact at the measurement date, also referred to as market value. Pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended (the "1940 Act"), the Board of Trustees (the "Board") designated abrdn Investments Limited (the "Adviser") as the valuation designee ("Valuation Designee") for the Fund to perform the fair value determinations relating to Fund investments for which market quotations are not readily available or deemed unreliable.

Equity securities that are traded on an exchange are valued at the last quoted sale price or the official close price on the principal exchange on which the security is traded at the "Valuation Time" subject to application, when appropriate, of the valuation factors described in the paragraph below. Under normal circumstances, the Valuation Time is as of the close of regular trading on the New York Stock Exchange ("NYSE") (usually 4:00 p.m. Eastern Time). In the absence of a sale price, the security is valued at the mean of the bid/ask price quoted at the close on the principal exchange on which the security is traded. Securities traded on NASDAQ are valued at the NASDAQ official closing price.

Foreign equity securities that are traded on foreign exchanges that close prior to the Valuation Time are valued by applying valuation factors to the last sale price or the mean price as noted above. Valuation factors are provided by an independent pricing service provider. These valuation factors are used when pricing the Fund's portfolio holdings to estimate market movements between the time foreign markets close and the time the Fund values such foreign securities. These valuation factors are based on inputs such as depositary receipts, indices, futures, sector indices/ETFs, exchange rates, and local exchange opening and closing prices of each security. When prices with the application of valuation factors are utilized, the value assigned to the foreign securities may not be the same as quoted or published prices of the securities on their primary markets. A security that applies a valuation factor is generally determined to be a Level 2 investment because the exchange-traded price has been adjusted. Valuation factors are not utilized if the independent pricing service provider is unable to provide a valuation factor or if the valuation factor falls below a predetermined threshold; in such case, the security is determined to be a Level 1 investment.

Short-term investments are comprised of cash and cash equivalents invested in short-term investment funds which are redeemable daily. The Fund sweeps available cash into the State Street Institutional U.S. Government Money Market Fund, which has elected to qualify as a "government money market fund" pursuant to Rule 2a-7 under the 1940 Act, and has an objective, which is not guaranteed, to maintain a $1.00 per share NAV. Generally, these investment types are categorized as Level 1 investments.

Derivative instruments are valued at fair value. Exchange-traded futures are generally Level 1 investments and centrally cleared swaps and forwards are generally Level 2 investments. Forward foreign currency contracts are generally valued based on the bid price of the forward rates and the current spot rate. Forward exchange rate quotations are available for scheduled settlement dates, such as 1-, 3-, 6-, 9- and 12-month periods. An interpolated valuation is derived based on the actual settlement dates of the forward contracts held. Futures contracts are valued at the settlement price or at the last bid price if no settlement price is available. Swap agreements are generally valued by an approved pricing agent based on the terms of the swap agreement (including future cash flows). When market quotations or exchange rates are not readily available, or if the Adviser concludes that such market quotations do not accurately reflect fair value, the fair value of the Fund's assets are determined in good faith in accordance with the Valuation Procedures.

In the event that a security's market quotations are not readily available or are deemed unreliable (for reasons other than because the foreign exchange on which it trades closes before the Valuation Time), the security is valued at fair value as determined by the Valuation Designee, taking into account the relevant factors and surrounding circumstances using valuation policies and procedures approved by the Board. A security that has been fair valued by the Valuation Designee may be classified as Level 2 or Level 3 depending on the nature of the inputs.

In accordance with the authoritative guidance on fair value measurements and disclosures under U.S. GAAP, the Fund discloses the fair value of its investments using a three-level hierarchy that classifies the inputs to valuation techniques used to measure the fair value. The hierarchy assigns Level 1, the highest level, measurements to valuations based upon unadjusted quoted prices in active markets for identical assets, Level 2 measurements to valuations based upon other significant observable inputs, including adjusted quoted prices in active markets for similar assets, and Level 3, the lowest level, measurements to valuations based upon unobservable inputs that are significant to the valuation. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk, for example, the risk inherent in a particular valuation technique used to measure fair value including a pricing model and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability, which are based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity's own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. A financial instrument's level within the fair value hierarchy is based upon the lowest level of any input that is significant to the fair value measurement.

**4** 

------

Notes to Portfolio of Investments (concluded)<br> January 31, 2026 (unaudited)

------

Open-end mutual funds are valued at the respective net asset value ("NAV") as reported by such company. The prospectuses for the registered open-end management investment companies in which a Fund invests explain the circumstances under which those companies will use fair value pricing and the effects of using fair value pricing. Closed-end funds and exchange-traded funds ("ETFs") are valued at the market price of the security at the Valuation Time (defined below). A security using any of these pricing methodologies is generally determined to be a Level 1 investment.

The three-level hierarchy of inputs is summarized below:

Level 1 - quoted prices (unadjusted) in active markets for identical investments;

Level 2 - other significant observable inputs (including valuation factors, quoted prices for similar securities, interest rates, prepayment speeds, and credit risk, etc.); or

Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments).

**5**

## 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 Global Dynamic Dividend Fund

- **b. Investment Company Act file number:** 811-21901

- **c. CIK number of Registrant:** 0001362481

- **d. LEI of Registrant:** 2549008871AD4OJQWG76

- **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 Global Dynamic Dividend Fund

- **c. LEI of Series:** 2549008871AD4OJQWG76

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**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:** $303094047.59

**Total Liabilities:** $603309.64

**Net Assets:** $302490737.95

**Cash Not Reported:** $13.91

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 1.20%                | 1.08%                | 7.41%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2385545.57              | $1887923.76                                |
| Month 2  | $5267841.38              | $-3266595.96                               |
| Month 3  | $4160740.62              | $5727259.68                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AbbVie Inc                                                | AbbVie Inc                                                 | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     15712 | NS      | $3503933.12   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                              | Alphabet Inc                                               | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     31800 | NS      | $10765254.00  | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| BAE Systems PLC                                           | BAE Systems PLC                                            | CUSIP: 000000000<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |     84300 | NS      | $2288486.95   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| American Tower Corp                                       | American Tower Corp                                        | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               |  | US        |     14800 | NS      | $2653344.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                                        | Analog Devices Inc                                         | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |      7300 | NS      | $2269424.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                                 | Apple Inc                                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     35300 | NS      | $9159644.00   | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                                           | AstraZeneca PLC                                            | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     48400 | NS      | $4490068.00   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                                      | Bank of America Corp                                       | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     70100 | NS      | $3729320.00   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITE Group PLC/The                                       | UNITE Group PLC/The                                        | CUSIP: 000000000<br>LEI: 213800BBUUWVDH9YI827 | Long             | EC               |  | GB        |    244400 | NS      | $1900792.43   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Becton Dickinson & Co                                     | Becton Dickinson & Co                                      | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |     14600 | NS      | $2970808.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Wimpey PLC                                         | Taylor Wimpey PLC                                          | CUSIP: 000000000<br>LEI: 21380089BTRXTD8S3R66 | Long             | EC               | CORP              | GB        |   1821000 | NS      | $2662230.15   | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Blackstone Inc                                            | Blackstone Inc                                             | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |     22200 | NS      | $3161724.00   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                              | Broadcom Inc                                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     27400 | NS      | $9077620.00   | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                                             | CME Group Inc                                              | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     11900 | NS      | $3439814.00   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                                           | CMS Energy Corp                                            | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     36700 | NS      | $2623683.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                                           | CVS Health Corp                                            | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     32200 | NS      | $2399544.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                                         | Cisco Systems Inc                                          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     55900 | NS      | $4378088.00   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                                          | Coca-Cola Co/The                                           | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     45700 | NS      | $3418817.00   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                               | PURCHASED USD / SOLD EUR                                   | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $-262162.63   | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| FedEx Corp                                                | FedEx Corp                                                 | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |     10600 | NS      | $3415850.00   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information Services Inc                | Fidelity National Information Services Inc                 | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |     42600 | NS      | $2353650.00   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp                                          | FirstEnergy Corp                                           | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |     57800 | NS      | $2736252.00   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| FIPT 07-B JPM CLASS B                                     | Fixed Income Pass-Through Trust 2007-C                     | CUSIP: 33832QAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $0.01         | 0.00%             | 2087-01-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Gaming and Leisure Properties Inc                         | Gaming and Leisure Properties Inc                          | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               |  | US        |     52391 | NS      | $2344497.25   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The                               | Goldman Sachs Group Inc/The                                | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      4300 | NS      | $4022263.00   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Veolia Environnement SA                                   | Veolia Environnement SA                                    | CUSIP: 000000000<br>LEI: 969500LENY69X51OOT31 | Long             | EC               | CORP              | FR        |     82200 | NS      | $3083087.98   | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE                       | LVMH Moet Hennessy Louis Vuitton SE                        | CUSIP: 000000000<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |      3100 | NS      | $2000753.24   | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Honeywell International Inc                               | Honeywell International Inc                                | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     17507 | NS      | $3983192.64   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                                       | JPMorgan Chase & Co                                        | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     14300 | NS      | $4374227.00   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Pernod Ricard SA                                          | Pernod Ricard SA                                           | CUSIP: 000000000<br>LEI: 52990097YFPX9J0H5D87 | Long             | EC               | CORP              | FR        |     20500 | NS      | $1833041.11   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| RWE AG                                                    | RWE AG                                                     | CUSIP: 000000000<br>LEI: 529900GB7KCA94ACC940 | Long             | EC               | CORP              | DE        |     55800 | NS      | $3543515.13   | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Schneider Electric SE                                     | Schneider Electric SE                                      | CUSIP: 000000000<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |     11400 | NS      | $3268400.92   | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                                      | Keurig Dr Pepper Inc                                       | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |    100500 | NS      | $2757720.00   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen  | CUSIP: 000000000<br>LEI: 529900MUF4C20K50JS49 | Long             | EC               | CORP              | DE        |      4100 | NS      | $2484913.12   | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                                      | Lockheed Martin Corp                                       | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      3800 | NS      | $2410036.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                                            | Lowe's Cos Inc                                             | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     15600 | NS      | $4166136.00   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi SA                                                 | Sanofi SA                                                  | CUSIP: 000000000<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |     31600 | NS      | $2980627.05   | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Telekom AG                                       | Deutsche Telekom AG                                        | CUSIP: 000000000<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |     87400 | NS      | $2932991.35   | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                            | Merck & Co Inc                                             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     31400 | NS      | $3462478.00   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritage Homes Corp                                       | Meritage Homes Corp                                        | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |     38000 | NS      | $2641380.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc                                               | MetLife Inc                                                | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |     39700 | NS      | $3131536.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                            | Microsoft Corp                                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     20800 | NS      | $8950032.00   | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Teleperformance SE                                        | Teleperformance SE                                         | CUSIP: 000000000<br>LEI: 9695004GI61FHFFNRG61 | Long             | EC               | CORP              | FR        |     29300 | NS      | $1892644.31   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Mondelez International Inc                                | Mondelez International Inc                                 | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     52200 | NS      | $3052134.00   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Kong Exchanges & Clearing Ltd                        | Hong Kong Exchanges & Clearing Ltd                         | CUSIP: 000000000<br>LEI: 213800YTVSXYQN17BW16 | Long             | EC               | CORP              | HK        |     62500 | NS      | $3445692.11   | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group Inc                        | Mitsubishi UFJ Financial Group Inc                         | CUSIP: 000000000<br>LEI: 353800V2V8PUY9TK3E06 | Long             | EC               | CORP              | JP        |    241000 | NS      | $4364595.35   | 1.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Hon Hai Precision Industry Co Ltd                         | Hon Hai Precision Industry Co Ltd                          | CUSIP: 000000000<br>LEI: 30030004CM3GSZXX7O56 | Long             | EC               | CORP              | TW        |    453400 | NS      | $3134090.89   | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| NextEra Energy Inc                                        | NextEra Energy Inc                                         | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     32700 | NS      | $2874330.00   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                                                  | NIKE Inc                                                   | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     45900 | NS      | $2837079.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corp                                     | Norfolk Southern Corp                                      | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |     11600 | NS      | $3378384.00   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd                                | Samsung Electronics Co Ltd                                 | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EP               | CORP              | KR        |     95300 | NS      | $7719397.66   | 2.55%             |  |  |  | No            |                  2 | On Loan: No      |
| ONEOK Inc                                                 | ONEOK Inc                                                  | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     39300 | NS      | $3112167.00   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                                               | Oracle Corp                                                | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     14500 | NS      | $2386410.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd                 | Taiwan Semiconductor Manufacturing Co Ltd                  | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    165000 | NS      | $9123824.03   | 3.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                                          | Roche Holding AG                                           | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |      7700 | NS      | $3501494.64   | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Nestle SA                                                 | Nestle SA                                                  | CUSIP: 000000000<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |     32510 | NS      | $3102315.94   | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Primo Brands Corp                                         | Primo Brands Corp                                          | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Long             | EC               | CORP              | US        |     94700 | NS      | $1793618.00   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto PLC                                             | Rio Tinto PLC                                              | CUSIP: 767204100<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |     45400 | NS      | $4132762.00   | 1.37%             |  |  |  | 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        |   3917923 | NS      | $3917923.28   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd                                                   | SLB Ltd                                                    | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |     30500 | NS      | $1475590.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                                           | TJX Cos Inc/The                                            | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     24500 | NS      | $3670345.00   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp                                               | Target Corp                                                | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     29300 | NS      | $3090271.00   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Array Digital Infrastructure Inc                          | Array Digital Infrastructure Inc                           | CUSIP: 911684108<br>LEI: 549300B164AZXESI6E03 | Long             | EC               | CORP              | US        |     87300 | NS      | $4206987.00   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc                                      | Waste Management Inc                                       | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     13900 | NS      | $3089136.00   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The                                      | Williams Cos Inc/The                                       | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     57600 | NS      | $3874176.00   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Wyndham Hotels & Resorts Inc                              | Wyndham Hotels & Resorts Inc                               | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |     28800 | NS      | $2096352.00   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                                           | ASML Holding NV                                            | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |      3800 | NS      | $5448839.79   | 1.80%             |  |  |  | No            |                  2 | On Loan: No      |
| BE Semiconductor Industries NV                            | BE Semiconductor Industries NV                             | CUSIP: 000000000<br>LEI: 7245007A1YFLI2GNYX06 | Long             | EC               | CORP              | NL        |     15800 | NS      | $3075364.29   | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Ferrovial SE                                              | Ferrovial SE                                               | CUSIP: 000000000<br>LEI: 72450022R2ZFL41Y6I04 | Long             | EC               | CORP              | NL        |     43847 | NS      | $2961647.23   | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| NTPC Ltd                                                  | NTPC Ltd                                                   | CUSIP: 000000000<br>LEI: 335800Q4TRGJXNLVMB81 | Long             | EC               | CORP              | IN        |    366000 | NS      | $1410519.46   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Engie SA                                                  | Engie SA                                                   | CUSIP: 000000000<br>LEI: LAXUQCHT4FH58LRZDY46 | Long             | EC               | CORP              | FR        |    109900 | NS      | $3281219.11   | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| London Stock Exchange Group PLC                           | London Stock Exchange Group PLC                            | CUSIP: 000000000<br>LEI: 213800QAUUUP6I445N30 | Long             | EC               | CORP              | GB        |     24800 | NS      | $2766243.22   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Danone SA                                                 | Danone SA                                                  | CUSIP: 000000000<br>LEI: 969500KMUQ2B6CBAF162 | Long             | EC               | CORP              | FR        |     32200 | NS      | $2523188.15   | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Pandora A/S                                               | Pandora A/S                                                | CUSIP: 000000000<br>LEI: 5299007OWYZ6I1E46843 | Long             | EC               | CORP              | DK        |     12600 | NS      | $1019889.76   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Energean PLC                                              | Energean PLC                                               | CUSIP: 000000000<br>LEI: 549300RVMKU0CYUZBB05 | Long             | EC               | CORP              | GB        |    158600 | NS      | $1839247.57   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Contemporary Amperex Technology Co Ltd                    | Contemporary Amperex Technology Co Ltd                     | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |     59283 | NS      | $2991246.47   | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                                      | Tencent Holdings Ltd                                       | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |     71100 | NS      | $5464874.00   | 1.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Universal Music Group NV                                  | Universal Music Group NV                                   | CUSIP: 000000000<br>LEI: 724500GJBUL3D9TW9Y18 | Long             | EC               | CORP              | NL        |    111000 | NS      | $2721446.84   | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Novo Nordisk A/S                                          | Novo Nordisk A/S                                           | CUSIP: 000000000<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |     41300 | NS      | $2452361.84   | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Tryg A/S                                                  | Tryg A/S                                                   | CUSIP: 000000000<br>LEI: 213800ZRS8AC4LSTCE39 | Long             | EC               | CORP              | DK        |    109800 | NS      | $2668470.22   | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Rumo SA                                                   | Rumo SA                                                    | CUSIP: 000000000<br>LEI: 254900TXQFP7CJCGYM66 | Long             | EC               | CORP              | BR        |   1119300 | NS      | $3139208.21   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ING Groep NV                                              | ING Groep NV                                               | CUSIP: 000000000<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EC               | CORP              | NL        |    168000 | NS      | $4954470.51   | 1.64%             |  |  |  | No            |                  2 | On Loan: No      |
| TotalEnergies SE                                          | TotalEnergies SE                                           | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |     41200 | NS      | $2982880.00   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Ltd                                                | Amdocs Ltd                                                 | CUSIP: 000000000<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               | CORP              | GG        |     31200 | NS      | $2556528.00   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                             | Accenture PLC                                              | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |      9900 | NS      | $2610036.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                                 | Linde PLC                                                  | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |      8400 | NS      | $3838548.00   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                                             | Medtronic PLC                                              | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     31100 | NS      | $3202056.00   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                                     | NXP Semiconductors NV                                      | CUSIP: 000000000<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |     13900 | NS      | $3143346.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-03

**Name of Applicant:** abrdn Global Dynamic Dividend Fund

**Signature:** Sharon Ferrari

**Name of Signer:** Sharon Ferrari

**Title:** Assistant Treasurer