Please find below the links to our monthly reports that include: the latest fund managers' commentaries on their portfolios, performance summaries, up-to-date largest holdings, geographical breakdowns (where applicable), sector allocations and current gearing levels for the investment trusts managed by abrdn.Access the reports >Asia Pacific EquitiesAsian markets retreated in April, with the benchmark MSCI AC Asia Pacific Ex Japan Index returning 3.29% in sterling (GBP) terms.Global EquitiesGlobal equities rose as investors took comfort in corporate results announcements. Stocks ended higher in the US, Europe, Japan and the UK. Indian EquitiesIndian equities extended their positive run in April, sharply outperforming the broader Asia-Pacific region and emerging markets.Japanese EquitiesThe MSCI Japan Index returned 2.69%, while the MSCI Japan Small Cap Index rose by 3.04% (total returns in yen terms).Multi-AssetIn the public markets, listed equities produced a small positive return over the month.North American EquitiesUS equities, for the large part, ended higher in US dollar terms over the month.Real EstateAccording to the MSCI Monthly Index, total returns for March (the latest data available) were 0.7%, up from Februarys -0.3%. UK Equities UK equities made progress as fears about the resilience of the global banking system faded and indicators suggested the British economy may be less fragile than anticipated.Reports
| abrdn Asia Focus plc | Monthly Report | Website | |
| abrdn Asian Income Fund Limited | Monthly Report | Website | |
| abrdn China Investment Company Limited | Monthly Report | Website | |
| abrdn Diversified Income and Growth plc | Monthly Report | Website | |
| abrdn Equity Income Trust plc | Monthly Report | Website | |
| abrdn European Logistics Income plc | Quarterly Report | Website | |
| abrdn Japan Investment Trust plc | Monthly Report | Website | |
| abrdn Latin American Income Fund Limited | Monthly Report | Website | |
| abrdn New Dawn Investment Trust plc | Monthly Report | Website | |
| abrdn New India Investment Trust plc | Monthly Report | Website | |
| abrdn Private Equity Opportunities Trust plc | Monthly Report | Website | |
| abrdn Property Income Trust Limited | Quarterly Report | Website | |
| abrdn Smaller Companies Income Trust plc | Monthly Report | Website | |
| abrdn UK Smaller Companies Growth Trust plc | Monthly Report | Website | |
| Asia Dragon Trust plc | Monthly Report | Website | |
| Dunedin Income Growth Investment Trust PLC | Monthly Report | Website | |
| Murray Income Trust PLC | Monthly Report | Website | |
| Murray International Trust PLC | Monthly Report | Website | |
| Shires Income PLC | Monthly Report | Website | |
| The North American Income Trust plc | Monthly Report | Website | |
| UK Commercial Property REIT | Quarterly Report | Website |
The North American Income Trust panel discussion: Manager Fran Radano leads a panel discussion about the likelihood of a recession and the impact it will have on US markets. Watch here.
Murray International Trust manager update: Samantha Fitzpatrick provides a short update on the Trust's recent performance and key portfolio changes, as well as looking in more detail at some of the Trusts holdings including Asur. Watch here.
abrdn Equity Income Trust manager update: Thomas Moore provides an update on the Trust's current positioning and discusses key portfolio changes in this short video. Watch here.
For regular, timely updates on all of our investment companies, please follow us on Twitter and LinkedIn. Important informationInvestment involves risk. The value of investments, and the income from them, can go down as well as up and an investor may get back less than the amount invested. Past performance is not a guide to future results.
Kind regards, abrdn Investment Trusts
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abrdn Investments Limited is registered in Scotland (SC108419) at Queen's Terrace, Aberdeen, Scotland, AB10 1XL. Authorised and regulated in the UK by the Financial Conduct Authority.