Aberdeen Global Premier Properties Fund Announces Payment Of Monthly Distribution

PHILADELPHIA, May 31, 2018 /PRNewswire/ -- Aberdeen Global Premier Properties Fund (NYSE: AWP) (the "Fund"), a closed-end fund, today announced that it paid on May 31, 2018, a distribution of US $0.05 per share to all shareholders of record as of May 23, 2018. 

This is the first distribution being made to shareholders since the transition, on May 4, 2018, of the investment advisory agreement from Alpine Woods Capital Investors, LLC to Aberdeen Asset Managers Limited.  The Fund changed its name from Alpine Global Premier Properties Fund to Aberdeen Global Premier Properties Fund effective May 7, 2018 and continues to trade on the NYSE under the symbol "AWP".

Commencing with the June 2018 distribution, the record date and payable date for the Fund will change. Each monthly distribution will be declared on the seventh business day and will be payable on or around the last business day of the month, with the exception of the December distribution, which will be declared on the seventh business day of December and will be payable in January.

Your Fund's distribution policy is to provide investors with a stable monthly distribution out of current income, supplemented by realized capital gains and, to the extent necessary, paid-in capital (the "Distribution Policy").

Under U.S. tax rules applicable to the Fund, the amount and character of distributable income for each fiscal year can be finally determined only as of the end of the Fund's fiscal year. However, under Section 19 of the Investment Company Act of 1940, as amended (the "1940 Act") and related Rules, the Fund may be required to indicate to shareholders the source of certain distributions to shareholders.

The following table sets forth the estimated amounts of the sources of the distribution for purposes of Section 19 of the 1940 Act and the Rules adopted thereunder. The table has been computed based on generally accepted accounting principles.  The table includes estimated amounts and percentages for this distribution and for the cumulative distributions paid relating to fiscal year to date (11/01/2017 - 04/30/2018), from the following sources: net investment income; net realized short-term capital gains; net realized long-term capital gains; and return of capital.  The estimated composition of the distributions may vary from month to month because the estimated composition may be impacted by future income, expenses and realized gains and losses on securities and currencies.

The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."

Shareholders should not draw any conclusions about the Fund's investment performance from the amount of the Fund's current distributions.

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The final determination of the source of all distributions in 2018 will be made after year-end. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of the fiscal year and may be subject to change based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Circular 230 disclosure:  To ensure compliance with requirements imposed by the U.S. Treasury, we inform you that any U.S. tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.

Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the NAV of the fund's portfolio. There is no assurance that the Fund will achieve its investment objective. Past performance does not guarantee future results.

If you wish to receive this information electronically, please contact [email protected]

aberdeenawp.com

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SOURCE Aberdeen Global Premier Properties Fund