Aberdeen Short Duration High Yield Municipal Fund (formerly Aberdeen High Yield Managed Duration Municipal Fund) — new fund registration

Aberdeen Funds registered fund series on Form 485APOS, filed 2020-10-19. Featured series: Aberdeen Short Duration High Yield Municipal Fund (formerly Aberdeen High Yield Managed Duration Municipal Fund).

Registration

Registrant / trust: Aberdeen Funds
CIK: 0001413594
Form: 485APOS
Filed: 2020-10-19
State of incorporation: DE
Accession: 0001104659-20-116041
Reported net assets: $29.1M

Series & classes (2)

Series	Class	Ticker	New
Aberdeen Short Duration High Yield Municipal Fund (formerly Aberdeen High Yield Managed Duration Municipal Fund)	Class A	AAHMX	—
Aberdeen Short Duration High Yield Municipal Fund (formerly Aberdeen High Yield Managed Duration Municipal Fund)	Institutional Class	AHYMX	—

Fees (from the effective prospectus)

12b-1 fee: 0.25%
Gross expense ratio: 1.27%
Management fee: 0.55%
Net expense ratio: 0.92%
Other expenses: 0.47%

Investment objective

The abrdn Short Duration High Yield Municipal Fund (the Short Duration High Yield Municipal Fund or the Fund) seeks a high level of current income exempt from federal income tax.

Advisers

abrdn Inc. (Advisor)