Toronto Dominion Investments, Inc. - 16 Jun 2026 Form 4 Insider Report for abrdn National Municipal Income Fund (VFL)

Reporting relationship: 10%+ Owner
Issuer ticker: VFL
Reported as of: 16 Jun 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 18 Jun 2026, 21:12:10 UTC
Prior SEC filing: 08 Apr 2026
Source filing: View source filing
Reporting owner signature: /s/ Christina Petrou on behalf of TORONTO DOMINION INVESTMENTS LLC

Filing notes and source

Key filing fact

Toronto Dominion Investments, Inc. filed Form 4 for abrdn National Municipal Income Fund (VFL) on 18 Jun 2026.

Key facts

This page summarizes Toronto Dominion Investments, Inc.'s Form 4 filing for abrdn National Municipal Income Fund (VFL).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 18 Jun 2026, 21:12.

Change

Previous filing in this sequence was filed on 08 Apr 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (4)

CIK 0001344146 Primary reporting owner

Toronto Dominion Investments, Inc.

Relationship: 10%+ Owner
Address: 909 FANIN, SUITE 1950, HOUSTON
Signature: /s/ Christina Petrou on behalf of TORONTO DOMINION INVESTMENTS LLC
Signature date: 18 Jun 2026

CIK 0000744464

TORONTO DOMINION HOLDINGS USA INC

Relationship: 10%+ Owner
Address: 40 WALL STREET, NEW YORK
Signature: /s/ Christina Petrou on behalf of TORONTO DOMINION HOLDINGS (U.S.A.), INC
Signature date: 18 Jun 2026

CIK 0001710914

TD GROUP US HOLDINGS LLC

Relationship: 10%+ Owner
Address: 251 LITTLE FALLS DRIVE, WILMINGTON
Signature: /s/ Andre Ramos on behalf of TD GROUP US HOLDINGS LLC
Signature date: 18 Jun 2026

CIK 0000947263

TORONTO DOMINION BANK

Relationship: 10%+ Owner
Address: 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO, ONTARIO, CANADA
Signature: /s/ Christina Petrou on behalf of THE TORONTO-DOMINION BANK
Signature date: 18 Jun 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VFL transaction

Muni-MultiMode Preferred Shares

Other

Transaction value
Shares: -990
Change %: -100%
Price
Shares after: 0
Date: 16 Jun 2026
Ownership: Direct
Footnotes: F1, F2, F3

VFL transaction

Muni-MultiMode Preferred Shares

Other

Transaction value
Shares: -990
Change %: -100%
Price
Shares after: 0
Date: 16 Jun 2026
Ownership: Direct
Footnotes: F1, F2, F3

VFL transaction

Muni-MultiMode Preferred Shares

Other

Transaction value
Shares: -990
Change %: -100%
Price
Shares after: 0
Date: 16 Jun 2026
Ownership: Direct
Footnotes: F1, F2, F3

VFL transaction

Muni-MultiMode Preferred Shares

Other

Transaction value
Shares: -990
Change %: -100%
Price
Shares after: 0
Date: 16 Jun 2026
Ownership: Direct
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Toronto Dominion Investments, Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

The 990 preferred shares reported as disposed of in Table I represent Muni-MultiMode Preferred Shares (the "MMP Shares") that were beneficially owned by Toronto Dominion Investments LLC ("TDI"). The MMP Shares were disposed of as a result of a redemption by the Issuer for a redemption price of $100,136.68 per share (which includes a liquidation preference of $100,000.00 per share and accrued dividends of $136.68 per share). TDI is a wholly owned indirect subsidiary of The Toronto-Dominion Bank ("TD Bank").

Footnote F2

This statement is jointly filed by TD Bank, TDI, Toronto Dominion Holdings (U.S.A.), Inc. ("TDH"), and TD Group US Holdings LLC ("TD GUS"). The Shares were owned directly by TDI. Toronto Dominion Holdings (U.S.A.), Inc. ("TDH") is the sole owner of TDI and TD Group US Holdings LLC ("TD GUS") is the sole owner of TDH. TD Bank is the sole owner of TD GUS. TD Bank, TDH, and TD GUS held an indirect interest in the Shares by virtue of their ownership of TDI.

Footnote F3

Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934 or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.

SEC remarks

Exhibits Index: Exhibit 99.1 - Joint Filing Agreement Exhibit 99.2 - Joint Filer Information