# EDGAR Filing Document

**Accession Number:** 0001413594
**File Stem:** 0001410368-25-042518
**Filing Date:** 2025-12
**Character Count:** 13247
**Document Hash:** edbc63ea7ff946b36725ae9a789c4529
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-042518.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0001410368-25-042518

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**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:** 251601099

**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:** 2025-10-31

**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:** $34469008.63

**Total Liabilities:** $54535.15

**Net Assets:** $34414473.48

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000199217 | 3.84%                | 1.90%                | -0.91%               |
| Class ID C000199218 | 3.90%                | 1.93%                | -0.90%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $41096.99                | $1252591.73                                |
| Month 2  | $138786.51               | $349520.28                                 |
| Month 3  | $-100849.96              | $-228705.20                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AvalonBay Communities Inc       | AvalonBay Communities Inc                                  | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               |  | US        |      4717 | NS      | $820380.64    | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group Inc      | Brixmor Property Group Inc                                 | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               |  | US        |     23014 | NS      | $602046.24    | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust           | Camden Property Trust                                      | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               |  | US        |      5138 | NS      | $511128.24    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties Inc          | Cousins Properties Inc                                     | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               |  | US        |      9766 | NS      | $253232.38    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                       | CubeSmart                                                  | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               |  | US        |     14815 | NS      | $558081.05    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Curbline Properties Corp        | Curbline Properties Corp                                   | CUSIP: 23128Q101<br>LEI: 529900PGR41LH0I81I15 | Long             | EC               |  | US        |     22980 | NS      | $529918.80    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc        | Digital Realty Trust Inc                                   | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               |  | US        |     11030 | NS      | $1879622.30   | 5.46%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR Properties                  | EPR Properties                                             | CUSIP: 26884U109<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EC               |  | US        |     12990 | NS      | $636769.80    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                     | Equinix Inc                                                | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               |  | US        |      2583 | NS      | $2185243.83   | 6.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust Inc        | Essex Property Trust Inc                                   | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               |  | US        |      3053 | NS      | $768653.81    | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| American Healthcare REIT Inc    | American Healthcare REIT Inc                               | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               |  | US        |     35461 | NS      | $1607092.52   | 4.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts Inc       | Host Hotels & Resorts Inc                                  | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               |  | US        |     25519 | NS      | $408814.38    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudson Pacific Properties Inc   | Hudson Pacific Properties Inc                              | CUSIP: 444097109<br>LEI: N/A                  | Long             | EC               |  | US        |    112053 | NS      | $273409.32    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| InvenTrust Properties Corp      | InvenTrust Properties Corp                                 | CUSIP: 46124J201<br>LEI: 5493006BQYSOBYVUFA03 | Long             | EC               |  | US        |     19095 | NS      | $523203.00    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain Inc               | Iron Mountain Inc                                          | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               |  | US        |      8035 | NS      | $827203.25    | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Kilroy Realty Corp              | Kilroy Realty Corp                                         | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               |  | US        |     16457 | NS      | $695308.25    | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NNN REIT Inc                    | NNN REIT Inc                                               | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               |  | US        |     27141 | NS      | $1098124.86   | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Omega Healthcare Investors Inc  | Omega Healthcare Investors Inc                             | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               |  | US        |     25061 | NS      | $1053313.83   | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                    | Prologis Inc                                               | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               |  | US        |     27636 | NS      | $3429351.24   | 9.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                  | Public Storage                                             | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               |  | US        |      4854 | NS      | $1352130.24   | 3.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp              | Realty Income Corp                                         | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               |  | US        |     27760 | NS      | $1609524.80   | 4.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp            | Regency Centers Corp                                       | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               |  | US        |     14468 | NS      | $997568.60    | 2.90%             |  |  |  | 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        |    448888 | NS      | $448887.97    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc        | Simon Property Group Inc                                   | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               |  | US        |     13748 | NS      | $2416348.48   | 7.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Smartstop Self Storage REIT Inc | Smartstop Self Storage REIT Inc                            | CUSIP: 83192D402<br>LEI: 549300EC266625K12S42 | Long             | EC               |  | US        |     18521 | NS      | $636196.35    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities Inc             | Sun Communities Inc                                        | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               |  | US        |      4341 | NS      | $549570.60    | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc                      | Ventas Inc                                                 | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               |  | US        |     32652 | NS      | $2409391.08   | 7.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust            | Vornado Realty Trust                                       | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               |  | US        |     10659 | NS      | $404402.46    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                   | Welltower Inc                                              | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               |  | US        |     27210 | NS      | $4926098.40   | 14.31%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** abrdn Funds

**Signature:** Michael Marsico

**Name of Signer:** Michael Marsico

**Title:** Treasurer