Abrdn Asia-Pacific Income Fund Inc logo

Abrdn Asia-Pacific Income Fund Inc (XFAPX)

Market Closed
7 Aug, 20:00
NASDAQ NASDAQ
$
15. 20
+0.04
+0.2639%
After Hours
$
15. 19
-0.01 -0.0658%
- Market Cap
0.34% Div Yield
0 Volume
$ 15.16
Previous Close
Add Transaction
Day Range
15.2 15.2
Year Range
14.89 17.06
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Summary

XFAPX closed Friday higher at $15.2, an increase of 0.2639% from Thursday's close, completing a monthly increase of 0.9967% or $0.15. Over the past 12 months, XFAPX stock lost -7.3736%.
XFAPX pays dividends to its shareholders, with the most recent payment made on Jun 28, 2019. The next estimated payment will be in 28 Jul 2019 on Jul 28, 2019 for a total of $0.078.
The stock of the company had never split.
The company's stock is traded on one exchange.

XFAPX Chart

Abrdn Asia-Pacific Income Fund Inc (XFAPX) FAQ

What is the stock price today?

The current price is $15.20.

On which exchange is it traded?

Abrdn Asia-Pacific Income Fund Inc is listed on NASDAQ.

What is its stock symbol?

The ticker symbol is XFAPX.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0.34%.

What is its market cap?

As of today, no market cap data is available.

Has Abrdn Asia-Pacific Income Fund Inc ever had a stock split?

No, there has never been a stock split.

Abrdn Asia-Pacific Income Fund Inc Profile

NASDAQ Exchange
Singapore Country

Overview

The abrdn Asia-Pacific Income Fund, Inc. is a distinguished closed-end mutual fund that concentrates on fixed income investments within the Asia-Pacific region. This fund is launched and managed by abrdn, a company previously known as Aberdeen Standard Investments. As of its establishment in 1986 and being domiciled in the United States, the fund has a clear mission to seek current income while also aiming for incidental capital appreciation as a secondary goal. It strategically aims to achieve its objectives by allocating at least 80% of its assets into a diversified portfolio of debt securities. These securities are notably issued by a variety of entities including governments, banks, corporations, and others situated within Asia, Australia, and New Zealand. The fund’s approach allows for a broad exposure to the fixed income markets of these regions, navigating through a variety of credit qualities and maturities. The strategic focus of the abrdn Asia-Pacific Income Fund makes it a unique and vital player in the global asset management domain, providing investors with opportunities to access income-generating assets across both dynamic developing economies and mature markets within the Asia-Pacific area.

Products and Services

The abrdn Asia-Pacific Income Fund, Inc. offers a singular yet significant product focused on leveraging the dynamic fixed income opportunities across the Asia-Pacific region. The fund’s offerings can be summarized as follows:

  • Diversified Portfolio of Debt Securities: Central to the fund’s investment strategy is its commitment to invest a minimum of 80% of its assets into a wide array of debt securities. These include bonds and other debt instruments issued by various distinct entities, such as government bodies, financial institutions, and corporations found within the diverse markets of Asia, Australia, and New Zealand. The selection encompasses a broad spectrum of credit qualities and maturities, aiming to cater to a comprehensive investment objective focused on income generation and, to a lesser extent, capital appreciation.
  • Access to Asia-Pacific Fixed Income Markets: By tapping into a variety of debt securities across the region, the fund offers its investors a unique opportunity to partake in the growth and income potential of both emerging and established economies in the Asia-Pacific area. The strategic investment approach aims to provide investors with regular income, making it a practical choice for those looking to diversify their income sources with international fixed income investments. The fund positions itself as a bridge for investors aiming to benefit from the economic dynamics of the Asia-Pacific region, encapsulating both the risk and reward profiles characteristic of diverse and growing markets.

Contact Information

Address: 7 Straits View
Phone: 65 63952700