abrdn National Municipal Income Fund (VFL)

Jul 13, 2026 - VFL was delisted (reason: reorganized into MFM)

10.31

-0.06 (-0.58%)

Inactive · Last trade price on Jul 10, 2026

VFL Financials Overview

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	12.51	12.48	8.02	15.2	4.88	3.71
Revenue Growth	53.62%	55.69%	-47.25%	211.44%	31.66%	-6.96%
Gross Profit	12.51	12.48	8.02	15.2	4.88	3.71
Operating Income	11.04	10.99	6.96	8.66	3.87	3.04
Net Income	2.93	-5.13	20.86	-26.54	-13.83	7.67
Earnings Per Share	0.24	-0.42	-	-2.16	-0.66	1.69
EPS Growth	-41.77%	-	-	-	-	-

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Investments	0	0	0.01	0	3.22	0
Total Debt	99	99	99	99	135	30
Net Cash (Debt)	-99	-99	-98.99	-99	-131.78	-30
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-8.06	-8.06	-	-8.06	-6.29	-6.62

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Cash Flow	7.73	7.12	4.17	145.44	9.77	0.14
Free Cash Flow	7.73	7.12	4.17	145.44	9.77	0.14
Free Cash Flow Growth	71.46%	70.89%	-97.14%	1388.52%	6875.29%	-97.46%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	88.27%	88.03%	86.84%	56.99%	79.22%	82.01%
Pretax Margin	23.41%	-41.09%	260.20%	-174.66%	-283.49%	207.08%
Profit Margin	23.41%	-41.09%	260.20%	-174.66%	-283.49%	207.08%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 27, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Dividend Per Share	0.600	0.600	0.323	0.540	0.631	0.510
Dividend Per Share Growth	5.76%	85.57%	-40.12%	-14.42%	23.72%	-6.85%
Dividend Yield	5.82%	6.13%	3.22%	6.04%	6.24%	5.09%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 27, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
PE Ratio	43.22	-	6.58	-	-	7.74
PS Ratio	10.12	10.09	17.11	8.62	54.33	16.03