AICA Event
CEF Advisors AICA Event NAVigator Podcast

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abrdn Asia-Pacific Income Fund (FAX)

Taxable Bond Funds - Global Income Funds

Data as of Sept. 29, 2023
Market Price $2.45 (- $0.01)
NAV (Sept. 29, 2023) $2.93 (+ $0.01)
Fund Listed NYSE MKT
Premium / Discount -16.38% (-0.63%)
Fund Info
Inception April 24, 1986
Sponsor abrdn
Website https://www.aberdeenfa...
Phone 1-800-522-5465
Location Pennsylvania
Incorporated Maryland
Staggered Board Yes
Term Date N/A
Objective: Current income through investment in Australian and Asian debt securities.
Related Indexes
15 Major CEF Sectors Index
High Income Index
Investment Grade Bond Index
Taxable Bond & BDC Index
International Bond Index
Alternative Income Index
Capital & Leverage
Outstanding Shares 247,695,769
Total Assets (Reported: April 30, 2023) $1,163M
Estimated Total Assets $1,066M
Net Assets $726M
Market Cap $607M
Portfolio Turnover 14.00%
Total Leverage 31.93%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 3.32%
Non Lev Exp Ratio 1.35%
Rel Lev Cost 4.15%
Discount Data
Average Discount (3 Yr) -11.99%
Discount Low(3 Yr) -18.63%
Discount High(3 Yr) -2.94%
Discount Rel Range (3 Yr) 14.35%
Comp Discount -12.37
Discount St Dev (1Yr) 1.61
Z-Stat (6mo) -2.54
Z-Stat (1Yr) -1.22
Z-Stat (3Yr) -1.22
Comp Z-Stat (6mo) -1.78
Comp Z-Stat (3Yr) -0.63
Distribution Data
Market Yield 13.47%
Income Yield 7.30%
Lev Adj NAV Yield 8.54%
Distribution Frequency M
Current Distribution $0.028
Current Income $0.015
Ex-Date 9/21/23
Payable Date 9/29/23
Div Growth (3yr) 0.00%
Dividend Change -21.4% on 4/9/19
Expected Div 10/9/23
RoC (1yr) 42.17%
RoC (3yr) 53.90%
Tax Dividend Data 2022 2020 - 2022
Income 27.4% 34.4%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0.9%
RoC 72.6% 64.6%
Volume & Liquidity
Average Daily $ (K) $1,810
Avg Volume 30 day 668,183
Avg Volume 90 day 738,923
Volume Trend -9.57%
Comp Volume Trend -6.64%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Taxable Bond & BDC Index
Most Correlated Peer (Mk Pr): MMT 64.0%
NAV - Price Correlation (30 d) 94.4%
NAV - Price Correlation (90 d) 90.0%
NAV - Price Correlation (1 Yr) 93.2%
Price St Dev (1Yr) 18.7%
NAV St Dev (1Yr) 8.0%
Earnings / Share (4/30/23) $0.013
Earn Coverage 48.36%
Earnings Trend Down
UNII / Share (4/30/23) $-0.113
Rel UNII -63.37
UNII Trend Down
Bond Specific Data
Duration 6.75
Credit Rating (rbo) BBB
Investment Grade 77.80%
Non Investment Grade 22.19%
Unrated Bonds 0.00%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Taxable Bond & BDC Index

DISCLOSURES: makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

NOTES: Distribution type sourced from For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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