Abrdn Emerging Markets Dividend Active ETF Q1 2026 Commentary

The Fund rose by 3.19% over the quarter, finishing ahead of the benchmark's fall of 0.10%. In Brazil, state-owned oil producer Petrobras and independent junior oil producer Prio were buoyed by rising oil prices following supply disruptions in the Middle East. HDFC Bank was the top stock detractor over the quarter, weighed down by market concerns that slowing deposit growth could limit the rate of loan growth.