The abrdn National Municipal Income Fund (VFL) has removed a non-fundamental policy limiting investments in high-yield municipal securities to 20%, effective June 1, 2026. This change allows VFL to increase its high-yield exposure in stages, targeting approximately 30% initially and 30-50% over time, to potentially enhance diversification, earnings, and distributions, despite an expected increase in credit risk. The Board believes this broader mandate will better serve shareholders and improve long-term, risk-adjusted returns.

The abrdn National Municipal Income Fund (VFL) announced the adjournment of its Special Meeting of Shareholders to May 6, 2026, at 11:00 am ET. This adjournment is to gather additional proxies for a proposed reorganization with MFS Municipal Income Trust (MFM). The Board of Trustees unanimously recommends shareholders vote in favor of the reorganization.

The abrdn National Municipal Income Fund (NYSE: VFL) has removed its investment policy restricting high-yield municipal securities to 20% of its portfolio, effective June 1, 2026. This change allows the fund to target an initial 30% allocation to high-yield bonds, potentially increasing to 50% over time. The move aims to increase diversification and shareholder earnings, though it introduces higher credit risk.

abrdn National Municipal Income Fund (VFL) has announced the removal of a non-fundamental investment policy that previously restricted its investments in high-yield municipal securities to a maximum of 20% of its portfolio, effective June 1, 2026. This change aims to expand diversification, potentially increase earnings and distributions, and improve long-term, risk-adjusted returns for shareholders, despite a modest increase in credit risk. The fund expects to initially increase its exposure to high-yield securities to approximately 30% and potentially up to 50% over time, depending on market conditions.

Lockheed Martin Space has secured an $850.41 million contract modification for the TRIDENT II (D5) Life Extension 2 program, reinforcing its role in the U.S. Navy's strategic capabilities. The company, the world's largest defense contractor, has a GF Score™ of 89/100, indicating strong long-term potential despite a premium P/E ratio and recent insider selling activity. Investors should consider these factors when evaluating LMT.

Duke Energy is seeking approval from North Carolina regulators to raise electricity prices to recover over $800 million in higher fuel and power purchase costs from an extreme winter cold snap. If approved, monthly bills for Duke Energy Carolinas and Duke Energy Progress customers would increase by approximately $6.90 and $7.88, respectively, starting June 1. The company proposes spreading the recovery over 19 months to lessen the immediate financial impact on customers.

Virco MFG Executive Vice President Douglas A. Virtue recently purchased 16,027 shares of the company's common stock in two transactions totaling $97,517. These purchases, made on April 14 and April 15, 2026, increased his direct ownership to 877,866 shares and align with an InvestingPro Tip about aggressive management share buybacks. The company, currently trading at $6.09, is considered undervalued by InvestingPro Fair Value analysis, despite a recent revenue and earnings decline attributed to the absence of non-recurring disaster recovery orders from the previous fiscal year.

A federal jury in Manhattan has found that Live Nation and its subsidiary Ticketmaster hold a harmful, anticompetitive monopoly over major concert venues in the U.S. This decision marks a significant loss for the entertainment giant in a lawsuit brought by dozens of U.S. states and the District of Columbia. The verdict could result in hundreds of millions of dollars in penalties and potentially require the divestiture of some Live Nation entities, as the jury found Ticketmaster overcharged consumers.

MGM Resorts International's stock increased by 4.4% to $38.36, and GuruFocus's GF Value™ indicates it is 22.9% undervalued with an intrinsic value of $49.74. The company holds a strong GF Score™ of 84/100, driven by high scores in Growth, Valuation, and Momentum, despite a lower Financial Strength rating. Significant insider buying activity, totaling $37.2 million in the last three months, reinforces confidence in the company's future.

John Laughter, Executive Vice President & Chief of Operations at Delta Air Lines Inc (DAL), sold 15,000 shares of the company on April 14, 2026. This transaction continues a trend of insider selling at Delta, with no insider buys and 24 sells over the past year. With a trading price of $71.61 and a GF Value of $53.22, the stock appears to be significantly overvalued.