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StockVS

NYSE American · Asset Management · USD

abrdn National Municipal Income Fund (VFL) Stock Analysis

abrdn National Municipal Income Fund (VFL) is a Asset Management stock listed on NYSE American and quoted in US Dollar.

VFL

$11.31

+$1.00 (+9.70%)

Last trade July 13, 2026

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Price History

Hover for the daily close. The dotted line marks the period open.

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VFL Key Statistics

As of Jul 13, 2026
Trading
Open
$11.31
Previous Close
$10.31
52-Week Range
9.38–10.50
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.77
Valuation
Market Cap
$123.76M
P/E Ratio
unprofitable
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
9.92
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.42
Financials (FY)
Revenue (FY)
−$686.99K−101.88%
Net Income (FY)
−$5.13M−116.39%
Profit marginThe share of revenue left as profit after all costs and taxes.
−41.09%
1-Year Return
+20.45%
Dividend and dates
Dividend
$0.60+5.95%
Avg Volume
35.73K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

VFL Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+10.13%
2025+7.14%
2024 (partial year)−0.09%

As of July 13, 2026.

VFL Revenue and Earnings by Fiscal Year

FY ends September
Fiscal yearRevenueNet incomeNet margin
2025−$686.99K−$5.13M746.5%
2024$36.45M$31.29M85.8%
2022−$21.45M−$26.54M123.7%
2021−$13.38M−$13.83M103.4%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025−$686.99K——−$5.13M746.5%
2024$36.45M——$31.29M85.8%
2022−$21.45M——−$26.54M123.7%
2021−$13.38M——−$13.83M103.4%

Annual figures as reported, in the company's reporting currency. As of September 30, 2025.

VFL Valuation vs Asset Management Median

Median of 561 stocks
MetricVFLAsset Management medianvs median
P/S ratio9.9210.425% below
Profit margin−41.09%24.09%65.2 pts below

Medians across 561 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

abrdn National Municipal Income Fund (VFL) is capitalised at $123.76M on the latest close. The company sits in the Financial Services sector, in the Asset Management industry.

The 52-week range on file runs from $9.38 to $10.50. VFL last closed at $11.31 on July 13, 2026. That is +$1.00 (+9.70%) against the previous close. The latest close sits 20.58% above that 52-week low.

Financial Health

In fiscal 2025, abrdn National Municipal Income Fund reported revenue of −$686.99K. Against the prior fiscal year total of $36.45M, that is a change of −101.88%. The same year closed with a net loss of $5.13M. The reported profit margin is −41.09%. That is 65.2 percentage points below the Asset Management median of 24.09%. Trailing earnings per share are −0.42.

Across the 4 fiscal years on file, revenue moves from −$13.38M in 2021 to −$686.99K in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. Measured against sales, the shares trade at 9.92 times revenue. On price-to-sales that is 4.84% below the Asset Management median of 10.42. The medians here are taken across 561 Asset Management companies that report the metric.

The reported beta is 0.77. Annualized volatility over the trailing 1 year is 14.13%. The trailing one-year price return is +20.45%. The stored price history starts on December 19, 2024, and the total return since then is +17.87%.

Growth & Income

The trailing dividend yield is 5.95%. That is 2.2 percentage points below the Asset Management median yield of 8.11%. At the indicated rate that is $0.60 a share a year.

The record holds one complete calendar year, 2025, which returned +7.14%. 2026 is still running; the price is +10.13% year to date.

Peer Comparison

abrdn National Municipal Income Fund (VFL) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
abrdn National Municipal Income Fund VFL $123.76M —
BlackRock, Inc. BLK $182.35B 26.9
Blackstone Inc. BX $162.74B 30.5
KKR & Co. Inc. KKR $99.50B 34.4

The Asset Management industry average P/E ratio is 10.3x. abrdn National Municipal Income Fund has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of July 13, 2026.

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About abrdn National Municipal Income Fund

abrdn National Municipal Income Fund is a closed-ended fixed income mutual fund launched and managed by abrdn Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal obligations, the income from which is exempt from federal income taxes. Its investments include airport revenue bonds, escrowed to maturity bonds, hospital revenue bonds, pre-refunded bonds, public power revenue bonds, school district general obligation bonds, and short term investments. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index and Lipper CE General & Insured Municipal Debt Funds (Leveraged) Average. abrdn National Municipal Income Fund was formed on February 26, 1993 and is domiciled in the United States.

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