# EDGAR Filing Document

**Accession Number:** 0001413594
**File Stem:** 0001410368-26-067187
**Filing Date:** 2026-6
**Character Count:** 20536
**Document Hash:** 78e85c5f679596ea9c4bd9c517f05f72
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-067187.hdr.sgml**: 20260626

**ACCESSION NUMBER**: 0001410368-26-067187

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260626

**DATE AS OF CHANGE**: 20260626

**PERIOD START**: 20261031

**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:** 261126348

**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 International Small Cap Active ETF (Series ID: S000093583)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000261971 | abrdn International Small Cap Active ETF |  |

## 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 International Small Cap Active ETF

- **b. EDGAR series identifier (if any):** S000093583

- **c. LEI of Series:** 2138009WU9KXXQ123H53

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

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

- **b. Date as of which information is reported:** 2026-04-30

**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:** $84761002.82

**Total Liabilities:** $101715.89

**Net Assets:** $84659286.93

**Cash Not Reported:** $23091.22

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000261971 | 3.31%                | -9.71%               | 12.26%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1108252.88              | $1540900.00                                |
| Month 2  | $178640.49               | $-8429658.34                               |
| Month 3  | $1302709.31              | $7832532.74                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Nova Ltd                               | Nova Ltd                                                     | CUSIP: 000000000<br>LEI: 529900B2DSWE5V3SC292 | Long             | EC               | CORP              | IL        |      4234 | NS      | $2118820.62   | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI India Small-Cap ETF       | iShares MSCI India Small-Cap ETF                             | CUSIP: 46429B614<br>LEI: 549300ZTQ7NM17G19H49 | Long             | EC               | RF                | US        |     67461 | NS      | $4513140.90   | 5.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Regional SAB de CV                     | Regional SAB de CV                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |    290608 | NS      | $2439852.84   | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Fleury SA                              | Fleury SA                                                    | CUSIP: 000000000<br>LEI: 5299006BQZO91LA76784 | Long             | EC               | CORP              | BR        |    257957 | NS      | $837664.80    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaztransport Et Technigaz SA           | Gaztransport Et Technigaz SA                                 | CUSIP: 000000000<br>LEI: 969500BVOHVZUUFWDT54 | Long             | EC               | CORP              | FR        |     12048 | NS      | $2927007.21   | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Fagron                                 | Fagron                                                       | CUSIP: 000000000<br>LEI: 549300TRKRUFK2RRG779 | Long             | EC               | CORP              | BE        |     61220 | NS      | $1724420.01   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Imdex Ltd                              | Imdex Ltd                                                    | CUSIP: 000000000<br>LEI: 529900H31NX5KRKXB865 | Long             | EC               | CORP              | AU        |    449052 | NS      | $1296413.22   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| AddTech AB                             | AddTech AB                                                   | CUSIP: 000000000<br>LEI: 549300QZ5U2IDRHPWL60 | Long             | EC               | CORP              | SE        |     63464 | NS      | $2291722.14   | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemring Group PLC                     | Chemring Group PLC                                           | CUSIP: 000000000<br>LEI: 213800U9A54VQJ5P2J41 | Long             | EC               | CORP              | GB        |    117876 | NS      | $837286.61    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Rational AG                            | Rational AG                                                  | CUSIP: 000000000<br>LEI: 529900K139N6UFJ1A758 | Long             | EC               | CORP              | DE        |       819 | NS      | $599320.10    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| ICG PLC                                | ICG PLC                                                      | CUSIP: 000000000<br>LEI: 549300OGASR5WRKJ8R68 | Long             | EC               | CORP              | GB        |     42123 | NS      | $1040337.32   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| HD Hyundai Marine Solution Co Ltd      | HD Hyundai Marine Solution Co Ltd                            | CUSIP: 000000000<br>LEI: 988400NV4TGR7O3GJM74 | Long             | EC               | CORP              | KR        |     13065 | NS      | $2338698.42   | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Pan African Resources PLC              | Pan African Resources PLC                                    | CUSIP: 000000000<br>LEI: 213800EAXURCXMX6RL85 | Long             | EC               | CORP              | GB        |    920724 | NS      | $1749013.39   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Borregaard ASA                         | Borregaard ASA                                               | CUSIP: 000000000<br>LEI: 5967007LIEEXZXGYXC05 | Long             | EC               | CORP              | NO        |     74465 | NS      | $1224914.57   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Gamma Communications PLC               | Gamma Communications PLC                                     | CUSIP: 000000000<br>LEI: 213800LAQZXPRIZUEH50 | Long             | EC               | CORP              | GB        |    101184 | NS      | $1245233.09   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Cury Construtora e Incorporadora SA    | Cury Construtora e Incorporadora SA                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    157985 | NS      | $959051.07    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Elite Material Co Ltd                  | Elite Material Co Ltd                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     24000 | NS      | $3442692.80   | 4.07%             |  |  |  | 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        |     49126 | NS      | $49125.57     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Chroma ATE Inc                         | Chroma ATE Inc                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     39000 | NS      | $2609477.82   | 3.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Dino Polska SA                         | Dino Polska SA                                               | CUSIP: 000000000<br>LEI: 259400H4L81SMPRTW956 | Long             | EC               | CORP              | PL        |     92059 | NS      | $814227.42    | 0.96%             |  |  |  | Yes           |                  1 | On Loan: No      |
| CIE Automotive SA                      | CIE Automotive SA                                            | CUSIP: 000000000<br>LEI: 95980020140005381252 | Long             | EC               | CORP              | ES        |     50341 | NS      | $1713398.27   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SHO-BOND Holdings Co Ltd               | SHO-BOND Holdings Co Ltd                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     54600 | NS      | $462105.97    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| ALS Ltd                                | ALS Ltd                                                      | CUSIP: 000000000<br>LEI: 549300RYCQ8DMIO2J661 | Long             | EC               | CORP              | AU        |    186543 | NS      | $2857939.46   | 3.38%             |  |  |  | No            |                  1 | On Loan: No      |
| CTS Eventim AG & Co KGaA               | CTS Eventim AG & Co KGaA                                     | CUSIP: 000000000<br>LEI: 529900FDHSN08UBJII80 | Long             | EC               | CORP              | DE        |     21060 | NS      | $1387863.05   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Avon Technologies PLC                  | Avon Technologies PLC                                        | CUSIP: 000000000<br>LEI: 213800JM1AN62REBWA71 | Long             | EC               | CORP              | GB        |     30812 | NS      | $722828.73    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| RENK Group AG                          | RENK Group AG                                                | CUSIP: 000000000<br>LEI: 894500H8CNSZ53EI6K63 | Long             | EC               | CORP              | DE        |     11267 | NS      | $713672.89    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Games Workshop Group PLC               | Games Workshop Group PLC                                     | CUSIP: 000000000<br>LEI: 213800RP9QJQYGWHNT41 | Long             | EC               | CORP              | GB        |     11406 | NS      | $3024986.63   | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Hill & Smith PLC                       | Hill & Smith PLC                                             | CUSIP: 000000000<br>LEI: 2138003A3ISGQZBOWI83 | Long             | EC               | CORP              | GB        |     51272 | NS      | $1793046.84   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Jungheinrich AG                        | Jungheinrich AG                                              | CUSIP: 000000000<br>LEI: 529900PHZORTU6FSXE73 | Long             | EP               | CORP              | DE        |     61347 | NS      | $1846077.11   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Chenbro Micom Co Ltd                   | Chenbro Micom Co Ltd                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     87000 | NS      | $3102778.96   | 3.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Elevator Service Holdings Co Ltd | Japan Elevator Service Holdings Co Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    317400 | NS      | $3231679.60   | 3.82%             |  |  |  | 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        |   3112375 | NS      | $3112374.58   | 3.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Makalot Industrial Co Ltd              | Makalot Industrial Co Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    193720 | NS      | $1293117.45   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Tatton Asset Management PLC            | Tatton Asset Management PLC                                  | CUSIP: 000000000<br>LEI: 213800G2F8I1N7HTVP88 | Long             | EC               | CORP              | GB        |    120588 | NS      | $1014076.74   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventia Services Group Pty Ltd          | Ventia Services Group Pty Ltd                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    386183 | NS      | $1473572.36   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| FinecoBank Banca Fineco SpA            | FinecoBank Banca Fineco SpA                                  | CUSIP: 000000000<br>LEI: 549300L7YCATGO57ZE10 | Long             | EC               | CORP              | IT        |     48733 | NS      | $1205680.51   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                               | Fabrinet                                                     | CUSIP: 000000000<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | KY        |      3828 | NS      | $2616323.16   | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Nihon M&A Center Holdings Inc          | Nihon M&A Center Holdings Inc                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    319600 | NS      | $1336132.35   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Diploma PLC                            | Diploma PLC                                                  | CUSIP: 000000000<br>LEI: 2138008OGI7VYG8FGR19 | Long             | EC               | CORP              | GB        |     44142 | NS      | $4168595.26   | 4.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanghai Conant Optical Co Ltd         | Shanghai Conant Optical Co Ltd                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    206200 | NS      | $1241017.30   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Asics Corp                             | Asics Corp                                                   | CUSIP: 000000000<br>LEI: 3538002LJMRZ83SU0B85 | Long             | EC               | CORP              | JP        |    118300 | NS      | $3349018.56   | 3.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Interparfums SA                        | Interparfums SA                                              | CUSIP: 000000000<br>LEI: 969500SARWF33OPQED48 | Long             | EC               | CORP              | FR        |     20635 | NS      | $572035.33    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Brunello Cucinelli SpA                 | Brunello Cucinelli SpA                                       | CUSIP: 000000000<br>LEI: 5493003CX2RZ0FOBH256 | Long             | EC               | CORP              | IT        |      8197 | NS      | $796184.84    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| FPT Corp                               | FPT Corp                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | VN        |    553606 | NS      | $1585932.57   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Zenkoku Hosho Co Ltd                   | Zenkoku Hosho Co Ltd                                         | CUSIP: 000000000<br>LEI: 353800VOQEKTSCSL9O03 | Long             | EC               | CORP              | JP        |     97200 | NS      | $1958217.88   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| BayCurrent Inc                         | BayCurrent Inc                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     30300 | NS      | $979323.56    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinbon Electronics Co Ltd              | Sinbon Electronics Co Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    119000 | NS      | $1064763.53   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Ringkjoebing Landbobank A/S            | Ringkjoebing Landbobank A/S                                  | CUSIP: 000000000<br>LEI: 2138002M5U5K4OUMVV62 | Long             | EC               | CORP              | DK        |      3111 | NS      | $777365.23    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-27

**Name of Applicant:** abrdn Funds

**Signature:** Michael Marsico

**Name of Signer:** Michael Marsico

**Title:** Treasurer