{"success":true,"data":{"pressRelease":{"id":"178823","rtpr_id":"nPn3w54kCa-20261023","ticker":"MMT","exchange":"NYSE","all_tickers":["MMT"],"title":"Aberdeen Multi-Market Income Fund (MMT) Announces Upcoming 1-for-4 Reverse Stock Split","author":"PR Newswire","published_at":"2026-10-23T20:17:00.402Z","article_body":"Aberdeen Multi-Market Income Fund (MMT) Announces Upcoming 1-for-4 Reverse Stock Split\nPR Newswire\n\nPHILADELPHIA, Oct. 23, 2026\n\nPHILADELPHIA, Oct. 23, 2026 /PRNewswire/ -- The Board of Trustees of Aberdeen\nMulti-Market Income Fund\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805277-1&h=3541927880&u=https%3A%2F%2Fwww.aberdeeninvestments.com%2Fen-us%2Finvestor%2Ffunds%2Fview-all-funds%2Faberdeen-multi-market-income-fund-us5527371083%3Ftab%3DfundFactsTab%26subTab%3DwhyInvestTab&a=Aberdeen+Multi-Market+Income+Fund)\n(NYSE: MMT) has approved a 1-for-4 reverse stock split of the Fund's issued\nand outstanding common shares, effective prior to the opening of trading on\nNovember 9, 2026.\n\nThe Board approved the reverse stock split to increase the Fund's per-share\nmarket price. The Board believes a higher share price may reduce certain\ntrading and administrative frictions associated with lower-priced securities,\nincrease the Fund's suitability for certain investment platforms and\nintermediary programs, and better align the Fund's share price with industry\ntrading conventions.\n\nThe aggregate value of a shareholder's investment is not expected to change\nsolely as a result of the reverse stock split, although the market value of\nFund shares will continue to fluctuate based on market conditions.\n\nUnder the terms of the transaction, every four common shares will be\nconsolidated into one common share. No fractional shares will be issued;\nfractional share entitlements will be aggregated and sold, with the net\nproceeds distributed to affected shareholders. The transaction will apply\nequally to all shareholders and will not affect any shareholder's\nproportionate ownership interest, other than minor adjustments resulting from\nthe treatment of fractional shares.\n\nFollowing the transaction, the Fund's common shares will continue to trade on\nthe New York Stock Exchange under the symbol MMT. A new CUSIP number will be\nassigned to the Fund.\n Transaction Details\n Ticker                                   MMT (unchanged)\n Reverse Split Ratio                      1-for-4\n Effective / Split-Adjusted Trading Date  November 9, 2026, prior to the opening of trading\n Old CUSIP                                552737108\n New CUSIP                                552737207\n\nThe reverse stock split will not alter the Fund's managed distribution policy.\nThe Fund will continue to pay monthly distributions at an annualized rate\nequal to 11.00% of the Fund's average daily net asset value for the previous\nmonth-end prior to the declaration date. The percentage of net asset value\nused to determine distributions will remain unchanged following the reverse\nstock split. However, because fewer shares will be outstanding following the\nreverse stock split, the distribution paid on a per-share basis is expected to\nincrease proportionately, while the overall distribution rate remains\nunchanged.\n\nShareholders holding shares through a brokerage account will generally have\ntheir holdings adjusted automatically. Shareholders holding physical share\ncertificates or those with questions regarding their account should contact\nthe Fund's transfer agent, Computershare Trust Company, N.A. Please refer to\nthe contact details at the end of this release.\n\nImportant Information\n\nShares of closed-end funds are listed for trading on national securities\nexchanges and are bought and sold in the secondary market. The market price of\na fund's shares is determined by supply and demand and may be greater than (a\n\"premium\") or less than (a \"discount\") the fund's net asset value (NAV). A\nfund's investment return and principal value will fluctuate, and investors may\nreceive more or less than their original investment upon the sale of shares.\nThere is no assurance that a fund will achieve its investment objective. Past\nperformance is not indicative of future results.\n\nThe trading price of a closed-end fund's shares may be influenced by various\nfactors, including market conditions, investor sentiment, and other external\nforces, and is not directly controlled by the fund, its Board of Trustees, or\nits investment adviser. As a result, shares may trade at a premium to or\ndiscount from NAV at any given time. A premium to NAV may not be sustained,\nand a discount to NAV may increase or decrease over time. Investors should\nconsider these risks when purchasing or selling closed-end fund shares.\n\nShareholders whose fund shares trade at a premium to NAV and who participate\nin the fund's dividend reinvestment plan should be aware that distributions\nmay be reinvested at prices above NAV, which may adversely affect investment\nresults.\n\nAbout Aberdeen Investments\n\nAberdeen Investments Global is the trade name of Aberdeen's investments\nbusiness, herein referred to as \"Aberdeen Investments\" or \"Aberdeen\". In the\nUnited States, Aberdeen Investments refers to the following affiliated,\nregistered investment advisers: abrdn Inc., abrdn Investments Limited, and\nabrdn Asia Limited.\n\nAberdeen Investments is among the world's largest asset managers, with decades\nof experience overseeing closed-end funds dating back to the 1980s. As of June\n30, 2026, the firm had approximately $527 billion in assets under\nmanagement. Closed-end funds represent a core component of Aberdeen\nInvestments' client franchise in both the U.S. and global markets. Aberdeen\nand its affiliates currently manage 28 closed-end funds – 17 available in\nthe U.S. and 11 outside the U.S. – totaling $28.3 billion in assets as of\nJune 30, 2026.\n\nFor Shareholders Holding Shares Directly with the Fund (Non-Brokerage\nAccounts):\nComputershare Trust Company, N.A.\n1-800-647-0584\nInvestor Center\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805277-1&h=1261661319&u=https%3A%2F%2Fic4.computershare.com%2F%3Fcc%3DUS%26lang%3Den&a=Investor+Center)\n\nFor Shareholders Holding Shares Through a Brokerage Account:\nPlease contact your financial advisor, broker, or the brokerage firm through\nwhich your shares are held.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/aberdeen-multi-market-income-fund-mmt-announces-upcoming-1-for-4-reverse-stock-split-302918223.html\n(https://www.prnewswire.com/news-releases/aberdeen-multi-market-income-fund-mmt-announces-upcoming-1-for-4-reverse-stock-split-302918223.html)\n\nSOURCE Aberdeen Multi-Market Income Fund\n\n\n\nFor More Information Contact: Aberdeen Investments U.S. Closed-End Funds, Investor Relations, 1-800-522-5465, investor.relations@aberdeenplc.com, Aberdeen Multi-Market Income Fund | Aberdeen\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS689193/Aberdeen-Investments-Logo.jpg?id=OA3036601\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn3w54kCa-20261023","title":"Aberdeen Multi-Market Income Fund (MMT) Announces Upcoming 1-for-4 Reverse Stock Split","author":"PR Newswire","ticker":"MMT","created":"2026-10-23T20:17:00.402Z","tickers":["MMT"],"exchange":"NYSE","article_body":"Aberdeen Multi-Market Income Fund (MMT) Announces Upcoming 1-for-4 Reverse Stock Split\nPR Newswire\n\nPHILADELPHIA, Oct. 23, 2026\n\nPHILADELPHIA, Oct. 23, 2026 /PRNewswire/ -- The Board of Trustees of Aberdeen\nMulti-Market Income Fund\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805277-1&h=3541927880&u=https%3A%2F%2Fwww.aberdeeninvestments.com%2Fen-us%2Finvestor%2Ffunds%2Fview-all-funds%2Faberdeen-multi-market-income-fund-us5527371083%3Ftab%3DfundFactsTab%26subTab%3DwhyInvestTab&a=Aberdeen+Multi-Market+Income+Fund)\n(NYSE: MMT) has approved a 1-for-4 reverse stock split of the Fund's issued\nand outstanding common shares, effective prior to the opening of trading on\nNovember 9, 2026.\n\nThe Board approved the reverse stock split to increase the Fund's per-share\nmarket price. The Board believes a higher share price may reduce certain\ntrading and administrative frictions associated with lower-priced securities,\nincrease the Fund's suitability for certain investment platforms and\nintermediary programs, and better align the Fund's share price with industry\ntrading conventions.\n\nThe aggregate value of a shareholder's investment is not expected to change\nsolely as a result of the reverse stock split, although the market value of\nFund shares will continue to fluctuate based on market conditions.\n\nUnder the terms of the transaction, every four common shares will be\nconsolidated into one common share. No fractional shares will be issued;\nfractional share entitlements will be aggregated and sold, with the net\nproceeds distributed to affected shareholders. The transaction will apply\nequally to all shareholders and will not affect any shareholder's\nproportionate ownership interest, other than minor adjustments resulting from\nthe treatment of fractional shares.\n\nFollowing the transaction, the Fund's common shares will continue to trade on\nthe New York Stock Exchange under the symbol MMT. A new CUSIP number will be\nassigned to the Fund.\n Transaction Details\n Ticker                                   MMT (unchanged)\n Reverse Split Ratio                      1-for-4\n Effective / Split-Adjusted Trading Date  November 9, 2026, prior to the opening of trading\n Old CUSIP                                552737108\n New CUSIP                                552737207\n\nThe reverse stock split will not alter the Fund's managed distribution policy.\nThe Fund will continue to pay monthly distributions at an annualized rate\nequal to 11.00% of the Fund's average daily net asset value for the previous\nmonth-end prior to the declaration date. The percentage of net asset value\nused to determine distributions will remain unchanged following the reverse\nstock split. However, because fewer shares will be outstanding following the\nreverse stock split, the distribution paid on a per-share basis is expected to\nincrease proportionately, while the overall distribution rate remains\nunchanged.\n\nShareholders holding shares through a brokerage account will generally have\ntheir holdings adjusted automatically. Shareholders holding physical share\ncertificates or those with questions regarding their account should contact\nthe Fund's transfer agent, Computershare Trust Company, N.A. Please refer to\nthe contact details at the end of this release.\n\nImportant Information\n\nShares of closed-end funds are listed for trading on national securities\nexchanges and are bought and sold in the secondary market. The market price of\na fund's shares is determined by supply and demand and may be greater than (a\n\"premium\") or less than (a \"discount\") the fund's net asset value (NAV). A\nfund's investment return and principal value will fluctuate, and investors may\nreceive more or less than their original investment upon the sale of shares.\nThere is no assurance that a fund will achieve its investment objective. Past\nperformance is not indicative of future results.\n\nThe trading price of a closed-end fund's shares may be influenced by various\nfactors, including market conditions, investor sentiment, and other external\nforces, and is not directly controlled by the fund, its Board of Trustees, or\nits investment adviser. As a result, shares may trade at a premium to or\ndiscount from NAV at any given time. A premium to NAV may not be sustained,\nand a discount to NAV may increase or decrease over time. Investors should\nconsider these risks when purchasing or selling closed-end fund shares.\n\nShareholders whose fund shares trade at a premium to NAV and who participate\nin the fund's dividend reinvestment plan should be aware that distributions\nmay be reinvested at prices above NAV, which may adversely affect investment\nresults.\n\nAbout Aberdeen Investments\n\nAberdeen Investments Global is the trade name of Aberdeen's investments\nbusiness, herein referred to as \"Aberdeen Investments\" or \"Aberdeen\". In the\nUnited States, Aberdeen Investments refers to the following affiliated,\nregistered investment advisers: abrdn Inc., abrdn Investments Limited, and\nabrdn Asia Limited.\n\nAberdeen Investments is among the world's largest asset managers, with decades\nof experience overseeing closed-end funds dating back to the 1980s. As of June\n30, 2026, the firm had approximately $527 billion in assets under\nmanagement. Closed-end funds represent a core component of Aberdeen\nInvestments' client franchise in both the U.S. and global markets. Aberdeen\nand its affiliates currently manage 28 closed-end funds – 17 available in\nthe U.S. and 11 outside the U.S. – totaling $28.3 billion in assets as of\nJune 30, 2026.\n\nFor Shareholders Holding Shares Directly with the Fund (Non-Brokerage\nAccounts):\nComputershare Trust Company, N.A.\n1-800-647-0584\nInvestor Center\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805277-1&h=1261661319&u=https%3A%2F%2Fic4.computershare.com%2F%3Fcc%3DUS%26lang%3Den&a=Investor+Center)\n\nFor Shareholders Holding Shares Through a Brokerage Account:\nPlease contact your financial advisor, broker, or the brokerage firm through\nwhich your shares are held.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/aberdeen-multi-market-income-fund-mmt-announces-upcoming-1-for-4-reverse-stock-split-302918223.html\n(https://www.prnewswire.com/news-releases/aberdeen-multi-market-income-fund-mmt-announces-upcoming-1-for-4-reverse-stock-split-302918223.html)\n\nSOURCE Aberdeen Multi-Market Income Fund\n\n\n\nFor More Information Contact: Aberdeen Investments U.S. Closed-End Funds, Investor Relations, 1-800-522-5465, investor.relations@aberdeenplc.com, Aberdeen Multi-Market Income Fund | Aberdeen\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS689193/Aberdeen-Investments-Logo.jpg?id=OA3036601\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-10-23T20:17:00.469100722Z","server_sent_at_ms":1792786620469},"received_at":"2026-10-23T20:17:00.528Z","source_url":"https://www.prnewswire.com/news-releases/aberdeen-multi-market-income-fund-mmt-announces-upcoming-1-for-4-reverse-stock-split-302918223.html"},"analysis":{"id":"166727","press_release_id":"178823","analysis_json":{"industry":{"label":"Capital Markets","sector":"Financials"},"redFlags":["reverse split (1-for-4) often signals persistently depressed share price","closed-end fund split does not address discount-to-NAV economics"],"eventType":"reverse_split","narrative":"Aberdeen Multi-Market Income Fund's Board approved a 1-for-4 reverse stock split effective before the open on November 9, 2026, to lift the fund's per-share market price.\n\nEvery four shares will consolidate into one with no fractional shares issued, and the ticker stays MMT under a new CUSIP (552737207).\n\nThe managed distribution policy is unchanged at an 11.00% annualized rate of NAV, though per-share distributions will rise proportionately on the reduced share count. While presented as reducing trading frictions, reverse splits typically signal a depressed share price.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"MMT consolidates 4:1 effective Nov 9 -- per-share price up mechanically, distribution rate unchanged at 11% of NAV."},"keyFigures":{"customDimensions":{"new_cusip":"552737207","old_cusip":"552737108","effective_date":"November 9, 2026","distribution_rate":"11.00% of average daily NAV (unchanged)","reverse_split_ratio":"1-for-4"}},"quotedText":"The Board approved the reverse stock split to increase the Fund's per-share market price.","namedEntities":{"people":[],"products":[],"companies":[{"name":"Aberdeen Multi-Market Income Fund","ticker":"MMT","relationship":"filer"},{"name":"Aberdeen Investments","relationship":"investment adviser"},{"name":"Computershare Trust Company, N.A.","relationship":"transfer agent"}],"dollarAmounts":[{"amount":"$527 billion","context":"Aberdeen Investments AUM as of June 30, 2026"},{"amount":"$28.3 billion","context":"Aberdeen closed-end fund assets as of June 30, 2026"}]},"materialImpact":{"score":3,"reasoning":"1-for-4 reverse split consolidates shares to lift per-share price; mechanically neutral on value but per guardrails signals share-price weakness / listing-risk dynamics. Ratio below 1:10 threshold keeps it at 3 rather than 4."},"tickerRelevance":{"others":[],"primary":"MMT"},"globalImportance":18,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap closed-end fund","eventGravity":"reverse-split-1:4","issuerAuthored":true,"distributionPolicyChange":false}},"event_type":"reverse_split","event_type_secondary":null,"sentiment":"bearish","material_impact_score":3,"narrative":"Aberdeen Multi-Market Income Fund's Board approved a 1-for-4 reverse stock split effective before the open on November 9, 2026, to lift the fund's per-share market price.\n\nEvery four shares will consolidate into one with no fractional shares issued, and the ticker stays MMT under a new CUSIP (552737207).\n\nThe managed distribution policy is unchanged at an 11.00% annualized rate of NAV, though per-share distributions will rise proportionately on the reduced share count. While presented as reducing trading frictions, reverse splits typically signal a depressed share price.","key_figures":{"customDimensions":{"new_cusip":"552737207","old_cusip":"552737108","effective_date":"November 9, 2026","distribution_rate":"11.00% of average daily NAV (unchanged)","reverse_split_ratio":"1-for-4"}},"named_entities":{"people":[],"products":[],"companies":[{"name":"Aberdeen Multi-Market Income Fund","ticker":"MMT","relationship":"filer"},{"name":"Aberdeen Investments","relationship":"investment adviser"},{"name":"Computershare Trust Company, N.A.","relationship":"transfer agent"}],"dollarAmounts":[{"amount":"$527 billion","context":"Aberdeen Investments AUM as of June 30, 2026"},{"amount":"$28.3 billion","context":"Aberdeen closed-end fund assets as of June 30, 2026"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-23T20:17:06.037Z","global_importance":18,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap closed-end fund","eventGravity":"reverse-split-1:4","issuerAuthored":true,"distributionPolicyChange":false}},"durationMs":5505,"modelName":"glm-5.3-flashx"}}