Abrdn Asia-Pacific Income Fund Inc (FAX)
Abrdn Asia-Pacific Income Fund Inc operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Philadelphia, PA, US. The stock last traded at $14.55, down 0.55% on the session, giving a market capitalisation of $600.7M. On trailing twelve-month figures it carries a trailing P/E of 14.42, a net margin of 82.0%. Its beta of 0.54 implies it has historically moved less than the broad market.
The Abrdn Asia-Pacific Income Fund Inc operates as a closed-end fixed-income mutual fund, primarily overseen by Aberdeen Standard Investments (Asia) Limited. It also benefits from joint management responsibilities shared with Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund strategically allocates capital within the debt markets of Asia, Australia, and New Zealand. Its portfolio predominantly consists of debt instruments issued by a diverse range of entities, including governmental bodies, banks, corporations, and other organizations. This investment vehicle was inaugurated on March 14, 1986, and is officially domiciled in the United States.
Abrdn Asia-Pacific Income Fund Inc is most often compared with the following Financial Services names: