PF-53221 (08/21)
Page 1 of 2
PF-53221 (08/21)
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Exhibit 2
Resolutions adopted by the members
of the Board of Trustees of abrdn Funds (the “Funds”) (including a majority of those who are not “interested persons”
of the Funds as defined in the 1940 Act) on March 12, 2025
Review of Fidelity Bond
RESOLVED
, that the Funds shall
be named as an insured under a joint insured bond (the “Fidelity Bond”) with the other funds in the abrdn Fund complex, covering
the officers and the other employees of the Funds from time to time, containing such provisions as may be required by the rules promulgated
under the 1940 Act; and it is further
RESOLVED
, that the proposed form
and amount of the Fidelity Bond be, and the same hereby are, approved by the Board, including a majority of the Independent Trustees,
based on such factors including, but not limited to the amount of the Fidelity Bond, the expected value of the assets of the Fund to which
any person covered under the Fidelity Bond may have access, the estimated amount of the premium for such Fidelity Bond, the type and terms
of the arrangements made for the custody and safekeeping of the Funds’ assets, and the nature of the securities in the Funds’
portfolio; and it is further
RESOLVED
, that the share of the
premium to be allocated to the Funds be, and hereby is, approved by the Board, including a majority of the Independent Trustees, after
having given due consideration to, among other things, the number of other parties insured under the Fidelity Bond, the nature of the
business activities of those other parties, the amount of the Fidelity Bond, the amount of the premium for such Fidelity Bond, the ratable
allocation of the premium among the parties named as insureds, and the extent to which the share of the premium allocated to the Funds
under the Fidelity Bond is less than the premium that the Funds would have had to pay had it maintained a comparable single insured bond;
and it is further
RESOLVED
, that the officers of
the Funds be, and each of them hereby is, authorized and empowered to obtain the Fidelity Bond and pay the premium thereof; and it is
further
RESOLVED
, that an agreement among
certain funds in the abrdn Fund complex (including the Funds) providing that in the event that any recovery is received under the Fidelity
Bond as a result of a loss sustained by the Funds and also by any other named insured, the Funds shall receive an equitable and proportionate
share of the recovery, but in no event less than the amount it would have received had it provided and maintained a single insured bond
with the minimum coverage required by paragraph (d)(1) of Rule 17g-1 is approved with such changes as the officers of the Fund
with the advice of Fund counsel may determine to be necessary or desirable and proper, the execution of said joint fidelity bond agreement
by such officers to be conclusive evidence of such determination; and it is further
RESOLVED
, that the proper officers
of the Funds are authorized and empowered to take such action with respect to obtaining additional fidelity bond coverage as they deem
it necessary or appropriate pursuant to Rule 17g-1 under the 1940 Act; and it is further
RESOLVED
, that the Secretary
of the Funds, or her designee, be, and hereby is, designated as the party responsible for making the necessary filings and giving of notices
with respect to the Fidelity Bond required by paragraph (g) of Rule 17g-1 under the 1940 Act; and it is further
RESOLVED
, that the officers of
the Funds be, and each of them hereby is, authorized and empowered to execute and deliver all instruments, certificates, agreements, or
other documents and to do and perform any and all other acts and things that any such officer shall determine to be necessary, appropriate
or desirable for the implementation of the foregoing resolutions or to effect or accomplish the intent of the foregoing resolutions, any
such determination to be conclusively evidenced by the execution and delivery by any officer of any such instrument, certificate or other
document or the doing or performing by any officer of any such act or thing.
Resolutions adopted by the members
of the Board of Trustees of each of abrdn Income Credit Strategies Fund, abrdn Total Dynamic Dividend Fund, abrdn Global Dynamic Dividend
Fund, abrdn Global Premier Properties Fund, abrdn Global Infrastructure Income Fund, abrdn National Municipal Income Fund, abrdn Healthcare
Investors, abrdn Life Sciences Investors, abrdn Healthcare Opportunities Fund, abrdn World Healthcare Fund (collectively, the “Funds”
and each a “Fund”) (including a majority of those who are not “interested persons” of the Funds as defined in
the 1940 Act) at meetings held on March 10-12, 2025
Review of Fidelity Bond
RESOLVED
, that the Fund shall
be named as an insured under a joint insured bond (the “Fidelity Bond”) with the other funds in the abrdn Fund complex, covering
the officers and the other employees of the Fund from time to time, containing such provisions as may be required by the rules promulgated
under the 1940 Act; and it is further
RESOLVED
, that the proposed form
and amount of the Fidelity Bond be, and the same hereby are, approved by the Board, including a majority of the Independent Trustees,
based on such factors including, but not limited to the amount of the Fidelity Bond, the expected value of the assets of the Fund to which
any person covered under the Fidelity Bond may have access, the estimated amount of the premium for such Fidelity Bond, the type and terms
of the arrangements made for the custody and safekeeping of the Fund’s assets, and the nature of the securities in the Fund’s
portfolio; and it is further
RESOLVED
, that the share of the
premium to be allocated to the Fund be, and hereby is, approved by the Board, including a majority of the Independent Trustees, after
having given due consideration to, among other things, the number of other parties insured under the Fidelity Bond, the nature of the
business activities of those other parties, the amount of the Fidelity Bond, the amount of the premium for such Fidelity Bond, the ratable
allocation of the premium among the parties named as insureds, and the extent to which the share of the premium allocated to the Fund
under the Fidelity Bond is less than the premium that the Fund would have had to pay had it maintained a comparable single insured bond;
and it is further
RESOLVED
, that the officers of
the Fund be, and each of them hereby is, authorized and empowered to obtain the Fidelity Bond and pay the premium thereof; and it is further
RESOLVED
, that an agreement among
certain funds in the abrdn Fund complex (including the Fund) providing that in the event that any recovery is received under the Fidelity
Bond as a result of a loss sustained by the Fund and also by any other named insured, the Fund shall receive an equitable and proportionate
share of the recovery, but in no event less than the amount it would have received had it provided and maintained a single insured bond
with the minimum coverage required by paragraph (d)(1) of Rule 17g-1 is approved with such changes as the officers of the Fund
with the advice of Fund counsel may determine to be necessary or desirable and proper, the execution of said joint fidelity bond agreement
by such officers to be conclusive evidence of such determination; and it is further
RESOLVED
, that the proper officers
of the Fund are authorized and empowered to take such action with respect to obtaining additional fidelity bond coverage as they deem
it necessary or appropriate pursuant to Rule 17g-1 under the 1940 Act; and it is further
RESOLVED
, that the Secretary
of the Fund, or her designee, be, and hereby is, designated as the party responsible for making the necessary filings and giving of notices
with respect to the Fidelity Bond required by paragraph (g) of Rule 17g-1 under the 1940 Act; and it is further
RESOLVED
, that the officers of
the Fund be, and each of them hereby is, authorized and empowered to execute and deliver all instruments, certificates, agreements, or
other documents and to do and perform any and all other acts and things that any such officer shall determine to be necessary, appropriate
or desirable for the implementation of the foregoing resolutions or to effect or accomplish the intent of the foregoing resolutions, any
such determination to be conclusively evidenced by the execution and delivery by any officer of any such instrument, certificate or other
document or the doing or performing by any officer of any such act or thing.
Resolutions adopted by the members
of the Board of Directors of each of The India Fund, Inc., abrdn Japan Equity Fund, Inc., abrdn Emerging Markets Equity ex-China
Fund, Inc., abrdn Asia-Pacific Income Fund, Inc., abrdn Australia Equity Fund, Inc. and abrdn Global Income Fund (collectively,
the “Funds” and each a “Fund”) (including a majority of those who are not “interested persons” of
the Funds as defined in the 1940 Act) at meetings held on March 11-12, 2025
Review of Fidelity Bond
RESOLVED
, that the Fund shall
be named as an insured under a joint insured bond (the “Fidelity Bond”) with the other funds in the abrdn Fund complex, covering
the officers and the other employees of the Fund from time to time, containing such provisions as may be required by the rules promulgated
under the 1940 Act; and it is further
RESOLVED
, that the proposed form
and amount of the Fidelity Bond be, and the same hereby are, approved by the Board, including a majority of the Independent Directors,
based on such factors including, but not limited to the amount of the Fidelity Bond, the expected value of the assets of the Fund to which
any person covered under the Fidelity Bond may have access, the estimated amount of the premium for such Fidelity Bond, the type and terms
of the arrangements made for the custody and safekeeping of the Fund’s assets, and the nature of the securities in the Fund’s
portfolio; and it is further
RESOLVED
, that the share of the
premium to be allocated to the Fund be, and hereby is, approved by the Board, including a majority of the Independent Directors, after
having given due consideration to, among other things, the number of other parties insured under the Fidelity Bond, the nature of the
business activities of those other parties, the amount of the Fidelity Bond, the amount of the premium for such Fidelity Bond, the ratable
allocation of the premium among the parties named as insureds, and the extent to which the share of the premium allocated to the Fund
under the Fidelity Bond is less than the premium that the Fund would have had to pay had it maintained a comparable single insured bond;
and it is further
RESOLVED
, that the officers of
the Fund be, and each of them hereby is, authorized and empowered to obtain the Fidelity Bond and pay the premium thereof; and it is further
RESOLVED
, that an agreement among
certain funds in the abrdn Fund complex (including the Fund) providing that in the event that any recovery is received under the Fidelity
Bond as a result of a loss sustained by the Fund and also by any other named insured, the Fund shall receive an equitable and proportionate
share of the recovery, but in no event less than the amount it would have received had it provided and maintained a single insured bond
with the minimum coverage required by paragraph (d)(1) of Rule 17g-1 is approved with such changes as the officers of the Fund
with the advice of Fund counsel may determine to be necessary or desirable and proper, the execution of said joint fidelity bond agreement
by such officers to be conclusive evidence of such determination; and it is further
RESOLVED
, that the proper officers
of the Fund are authorized and empowered to take such action with respect to obtaining additional fidelity bond coverage as they deem
it necessary or appropriate pursuant to Rule 17g-1 under the 1940 Act; and it is further
RESOLVED
, that the Secretary
of the Fund, or her designee, be, and hereby is, designated as the party responsible for making the necessary filings and giving of notices
with respect to the Fidelity Bond required by paragraph (g) of Rule 17g-1 under the 1940 Act; and it is further
RESOLVED
, that the officers of
the Fund be, and each of them hereby is, authorized and empowered to execute and deliver all instruments, certificates, agreements, or
other documents and to do and perform any and all other acts and things that any such officer shall determine to be necessary, appropriate
or desirable for the implementation of the foregoing resolutions or to effect or accomplish the intent of the foregoing resolutions, any
such determination to be conclusively evidenced by the execution and delivery by any officer of any such instrument, certificate or other
document or the doing or performing by any officer of any such act or thing.
