Connect with us

Technology

Aberdeen Multi-Market Income Fund (MMT) Announces 22% Increase in Monthly Distribution and Adoption of a Managed Distribution Policy

Published

on

PHILADELPHIA, July 10, 2026 /PRNewswire/ — The Board of Trustees of Aberdeen Multi-Market Income Fund (NYSE: MMT) has adopted a Managed Distribution Policy (“MDP”) for the Fund at an annualized rate equal to 11.00% of MMT’s average monthly net asset value.

The increase of the MDP results in a meaningful enhancement to the shareholder distribution rate, with the Fund’s monthly distribution increased from $0.0328 per share to $0.04 per share, representing a 22% increase over the prior distribution level. This higher payout reflects the Fund’s commitment to delivering consistent, competitive cash flow to shareholders.

The distribution under the new rate will be paid on July 31, 2026, to shareholders of record as of July 23, 2026 (ex-dividend date July 23, 2026). The increased distribution rate reflects both the Fund’s income-generating capability and the Board’s ongoing consideration of shareholder distributions.

Under the MDP, the Fund will pay monthly distributions at an annual rate, set once a year, that is a percentage of the average daily net asset value for the previous month-end prior to declaration date. Distributions under the MDP are expected to be derived from current income, and may be supplemented by net realized capital gains, if any, and, to the extent necessary, a return of paid-in capital.

Important Information

Shares of closed-end funds are listed for trading on national securities exchanges and are bought and sold in the secondary market. The market price of a fund’s shares is determined by supply and demand and may be greater than (a “premium”) or less than (a “discount”) the fund’s net asset value (NAV). A fund’s investment return and principal value will fluctuate, and investors may receive more or less than their original investment upon the sale of shares. There is no assurance that a fund will achieve its investment objective. Past performance is not indicative of future results.

The trading price of a closed-end fund’s shares may be influenced by various factors, including market conditions, investor sentiment, and other external forces, and is not directly controlled by the fund, its Board of Directors, or its investment adviser. As a result, shares may trade at a premium to or discount from NAV at any given time. A premium to NAV may not be sustained, and a discount to NAV may increase or decrease over time. Investors should consider these risks when purchasing or selling closed-end fund shares.

Shareholders whose fund shares trade at a premium to NAV and who participate in the fund’s dividend reinvestment plan should be aware that distributions may be reinvested at prices above NAV, which may adversely affect investment results.

The Fund’s policy is expected to provide a steady and sustainable cash distribution to Fund shareholders that may help reduce the Fund’s current discount to NAV. There is no assurance that a Fund will achieve these results. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the distributions or the terms of the Fund’s policy.

At the end of each calendar year, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of the fund’s distributions and provide information with respect to their appropriate tax treatment for the prior calendar year. You should not draw any conclusions about any of these Funds’ investment performance from the amount of the distributions.

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.

About Aberdeen Investments

Aberdeen Investments Global is the trade name of Aberdeen’s investments business, herein referred to as “Aberdeen Investments” or “Aberdeen”. In the United States, Aberdeen Investments refers to the following affiliated, registered investment advisers: abrdn Inc., abrdn Investments Limited, and abrdn Asia Limited.

Closed-end funds are traded on the secondary market through one of the stock exchanges. A 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 net asset value (NAV) of the fund’s portfolio. There is no assurance that a Fund will achieve its investment objective. Past performance does not guarantee future results.

Aberdeen Investments is among the world’s largest asset managers, with decades of experience overseeing closed-end funds dating back to the 1980s. Closed-end funds represent a core component of Aberdeen Investments’ client franchise in both the U.S. and global markets. As of March 31, 2026, the firm had approximately $506 billion in assets under management, and Aberdeen and its affiliates managed 27 closed-end funds – 15 available in the U.S. and 12 outside the U.S. – totaling $25.6 billion in assets.

View original content to download multimedia:https://www.prnewswire.com/news-releases/aberdeen-multi-market-income-fund-mmt-announces-22-increase-in-monthly-distribution-and-adoption-of-a-managed-distribution-policy-302822908.html

SOURCE Aberdeen Multi-Market Income Fund

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

AlgoLaser Launches DIY KIT MK3: Start, Just That Simple–A Smarter Way to Laser Engrave

Published

on

By

SHENZHEN, China, July 11, 2026 /PRNewswire/ — AlgoLaser, a global leader in smart laser engraving technology, today officially launched its latest desktop laser engraver: the DIY KIT MK3. For years, complex assembly, cumbersome operation, and steep learning curves have kept many creators from exploring laser engraving. The DIY KIT MK3 eliminates these barriers. Built around the core promise to ‘Start, Just That Simple,’ it features optimized structural engineering, an intuitive AlgoOS-powered HD touchscreen, and significantly boosted laser performance. From unboxing to final creation, the DIY KIT MK3 seamlessly streamlines the entire process while delivering exceptional value.

Streamlined Assembly for Immediate Use

The DIY KIT MK3 introduces an innovative Structrix Frame, featuring precision alignment slots and cable management. Arriving 95% pre-assembled, the machine can be fully set up in just five simple steps in under 10 minutes. This completely eliminates traditional frustrations like belt tensioning, repeated alignments, and messy wiring.

Intelligent, Computer-Free Operation

Powered by the proprietary AlgoOS, the built-in HD touchscreen enables fully offline, standalone operation. It boasts smart parameter recommendations, drag-and-drop positioning, and direct image processing. Combined with over 400 ready-to-use projects and creative tools like AlgoType and AlgoSketch, the system allows beginners to start creating instantly—no computer or technical expertise required.

Enhanced Power and Speed for Higher Productivity

Equipped with new 8W, 15W, and 20W laser modules, the DIY KIT MK3 delivers up to a 60% power increase over its predecessor. Robust structural and material upgrades fully harness this power, ensuring stable, high-precision engraving at speeds up to 15,000 mm/min. Additionally, the spacious 400×400mm workspace and an efficient repetitive processing mode make intricate designs and small-batch production highly practical, empowering users to easily monetize their craft.

Modular Design for Long-Term Flexibility

The DIY KIT MK3’s modular architecture supports seamless laser module upgrades and effortless integration with accessories like rotary attachments. This flexibility adapts to diverse needs—from scaling an Etsy business to exploring family DIY projects. Furthermore, with an optional Class 1 safety enclosure and multiple built-in monitoring systems, the DIY KIT MK3 provides peace of mind, making it safe for both commercial studios and home environments.

Availability

The DIY KIT MK3 is now available for pre-order exclusively on the official website, algolaser.com. From July 11–31, customers can order during the Super Early Bird window and enjoy exclusive perks, including free gifts and bonus points. It will then launch globally on Amazon and other major platforms starting August 1.

Order now to secure early access before the worldwide launch.

About AlgoLaser

AlgoLaser is a global provider of smart laser engraving solutions, dedicated to empowering makers, educators, and everyday creators around the world. By pairing high-performance hardware with the intuitive AlgoOS operating system, AlgoLaser breaks down technical barriers to make professional-quality creation as simple as everyday printing. The company is committed to helping users of all skill levels effortlessly transform creative ideas into reality, making laser technology easier, safer, and accessible enough for every household. For more information, visit www.algolaser.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/algolaser-launches-diy-kit-mk3-start-just-that-simplea-smarter-way-to-laser-engrave-302822637.html

SOURCE AlgoLaser

Continue Reading

Technology

DRAI Health Introduces SpaceXAI-Powered Personalized Voice Interaction in heyDRAI

Published

on

By

New capability delivers more natural, adaptive, and human-centered voice-guided healthcare experiences

LOS ANGELES, July 11, 2026 /PRNewswire-PRWeb/ — DRAI Health today announced the launch of a new personalized voice interaction capability within heyDRAI, its AI-powered healthcare platform. Powered by advanced SpaceXAI technology, this innovation enables more natural, expressive, and context-aware voice-guided healthcare interactions, further advancing DRAI Health’s mission to deliver truly patient-centric digital care.

“By integrating SpaceXAI technology into heyDRAI, we are enabling a more natural, adaptive, and emotionally intelligent interface that enhances how patients interact with healthcare information.” said Gor Galstyan, CTO of DRAI Health.

The new capability transforms AI-guided consultations from static, text-based exchanges into dynamic, conversational experiences tailored to each individual user. Patients can select from a range of voice styles—such as calm and reassuring, clear and clinical, or energetic and motivational—allowing interactions to align with their personal preferences and emotional needs.

Unlike conventional text-to-speech systems that simply vocalize scripted content, heyDRAI’s SpaceXAI-powered voice interaction is designed to understand conversational context, adjust tone dynamically, and deliver responses in a more human-like manner. This creates a more engaging and intuitive experience that helps patients feel more comfortable, attentive, and connected throughout their healthcare journey.

Each user’s preferred voice profile is retained across interactions, ensuring continuity and personalization over time, while maintaining flexibility for users to modify their preferences as needed.

Technology Differentiation Through SpaceXAI Integration

The integration of SpaceXAI technology enables a new class of voice interaction that goes beyond traditional AI voice systems by incorporating:

Context-aware response generation rather than static script delivery

Adaptive tone modulation based on conversational flow and user engagement

Improved reasoning and coherence in multi-step healthcare interactions

More natural conversational pacing, reducing cognitive load for users

These capabilities are particularly important in healthcare, where clarity, empathy, and precision directly impact patient understanding and engagement.

Leadership Commentary

“Healthcare conversations are deeply personal. Our goal is to make interactions with AI feel less transactional and more human,” said Gor Galstyan, CTO of DRAI Health. “By integrating SpaceXAI technology into heyDRAI, we are enabling a more natural, adaptive, and emotionally intelligent interface that enhances how patients interact with healthcare information.”

Enhancing the Patient-Centric Healthcare Experience

The introduction of personalized voice interaction represents a significant step forward in DRAI Health’s broader vision to create a continuous, patient-centered healthcare experience spanning:

Wellness and preventive care

Symptom assessment and early intervention

Acute and chronic condition support

Post-acute recovery and ongoing monitoring

By embedding advanced voice interaction into the consultation flow, heyDRAI improves accessibility for a wide range of users, including those who prefer voice-first interaction or may have difficulty engaging with traditional text-based interfaces.

Looking Ahead

The personalized voice capability is now available within heyDRAI and will continue to evolve with additional features, including deeper personalization, multilingual support, and enhanced clinical interaction workflows.

About DRAI Health

DRAI Health is developing AI-powered healthcare technologies designed to transform how patients, providers, and health systems interact with medical information. Through platforms such as heyDRAI, the company focuses on intelligent intake, guided consultation, patient engagement, and clinical decision support.

DRAI Health’s mission is to make healthcare more accessible, personalized, and human-centered, leveraging advanced artificial intelligence combined with real-world clinical insight.

For more information, visit www.draihealth.com.

Media Contact

Kelsey Whiddon, DRAI Health, Inc., 1 818.621.1441, marketing@draihealth.com, https://www.draihealth.com/

View original content to download multimedia:https://www.prweb.com/releases/drai-health-introduces-spacexai-powered-personalized-voice-interaction-in-heydrai-302822689.html

SOURCE DRAI Health, Inc.

Continue Reading

Technology

PrimeBOT Brings Personal Robotics to the UN’s AI for Good Summit in Geneva

Published

on

By

GENEVA, July 10, 2026 /PRNewswire/ — PrimeBOT, a robotics brand, appeared at the United Nations’ AI for Good Global Summit. The summit, organized by the International Telecommunication Union (ITU) with over 50 UN agencies including UNESCO, explores how AI can serve human welfare. PrimeBOT defines a new category: the Personal Robot – robots designed for homes and daily life, not production lines, that anyone can own, program, and create with. PrimeBOT came not to showcase technical specs, but to join a global conversation on education, inclusion, and human potential.

Personal robots will reshape how AI is taught. Imagine a child learning to code by teaching a real robot to move and respond. PrimeBOT Q1 offers a developer console for young learners. Children start with block-based programming to choreograph movements, expressions, and conversational responses – turning Q1 into a companion that listens and speaks. They can then convert blocks into Python code and train AI models to recognize gestures or objects, making the entire machine learning cycle tangible. Programming becomes a conversation with a robot, not abstract syntax. PrimeBOT envisions Q1 as an AI learning companion for every family – not replacing teachers or parents, but making education hands-on and playful.

PrimeBOT’s vision is collaboration and integration – robots understanding human needs and augmenting creativity. The brand partners with youth and educational institutions globally, helping people see technology as a connector, not a divider. At the UN, PrimeBOT chose education over spectacle. In its view, technology must let the next generation grow as creators of AI, not just consumers.

PrimeBOT is in dialogue with educational and non-profit organizations across North America and Europe to explore how personal robots can support youth AI literacy. This is a patient journey – not a product announcement, but a shared exploration with educators, parents, and children. The future of personal robots is not something to be defined alone – it will be built together.

View original content to download multimedia:https://www.prnewswire.com/news-releases/primebot-brings-personal-robotics-to-the-uns-ai-for-good-summit-in-geneva-302823152.html

SOURCE PrimeBOT

Continue Reading

Trending