abrdn Asia-Pacific Income Fund Inc:FAX

    Manage Alerts

    Overview

    As of 12/2/2024

     Share
    Price
    NAVPremium/
    Discount
    Current$15.89$17.45-8.94%
    52 Wk Avg$16.34$17.99-9.15%
    52 Wk High$17.55$18.72-4.45%
    52 Wk Low$14.88$17.34-13.79%
    Regular Distribution TypeManaged Distribution
    Distribution Rate12.46%
    Distribution Amount$0.1650
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s principal investment objective is to seek current income. The Fund may also achieve incidental capital appreciation.To achieve its investment objective, the Fund normally invests at least 80% of its total assets, plus the amount of any borrowings for investment purposes in “Asia-Pacific debt securities,”

    Capital Structure

    As of 12/2/2024

    Total Investment Exposure:$1,046.382M
    Total Common Assets:$720.382M
    Common Shares Outstanding:41,282,628
    Leverage

    As of 12/2/2024

    Preferred Share Assets:
    Total Debt (USD): $326.000M
    Regulatory Leverage (USD): $326.000M
    Effective Leverage (USD): $326.000M
    Effective Leverage (%): 31.15%
    Annual Expense Ratios

    As of 10/31/2024

      Per Common Share
    Management FeesN/A
    Other Expenses:N/A
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 3.33%
    Fund Management

    Fund Sponsor
    abrdn Inc.

    Portfolio Managers
    Adam McCabe, Tai Lin-Yian, Henry Loh, Kenneth Akintewe

    Basics
    Category: Fixed Income - Taxable-Global Income
    Ticker: FAX
    NAV Ticker: XFAPX
    Average Daily Volume (shares): 144,549
    Average Daily Volume (USD): $2.363M
    Inception Date: 4/24/1986
    Inception Share Price: $10.00
    Inception NAV: $9.33
    Tender Offer: No
    Term: No
    Fiscal Year End: October 31
    Third Party Links & Reports

    Distributions

    As of 12/2/2024

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 10/31/2023
    $0.5010
    Annualized Distribution Rate on NAV:
    As of 12/2/2024
    11.35%
    Total Return on NAV (12 months):
    As of 12/2/2024
    8.41%
    Avg. Portfolio Coupon:
    As of 12/2/2024
    6.66%
    Total % Portfolio Effectively Leveraged:
    As of 12/2/2024
    31.15%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 12/3/2024

    PeriodAvg Discount
    6 Month-7.25%
    1 Year-9.15%
    3 Year-12.24%
    5 Year-11.90%
    Z-Score

    As of 12/2/2024

    PeriodZStat
    3 Month-1.35
    6 Month-1.03
    1 Year0.08
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 11/30/2024
    Category: Morningstar US CEF Global Income

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD9.01%4.00%14.12%9.09%
    202316.55%10.55%15.61%11.11%
    2022-22.87%-20.25%-19.03%-15.12%
    2021-7.19%-5.89%4.27%-0.53%
    202013.98%9.01%3.54%4.23%
    201919.48%11.24%23.53%14.13%
    2018-12.70%-6.56%-6.53%-3.97%
    201714.66%11.64%12.78%10.09%
    201610.45%3.66%24.08%17.91%
    2015-10.44%-5.90%1.49%0.68%
    20143.37%2.14%4.04%3.59%
    2013-20.73%-10.45%-8.44%-1.76%
    201211.60%11.42%13.99%15.76%
    201115.20%5.81%  
    201015.75%19.35%  
    200956.13%33.07%  
    2008-18.94%-13.90%  
    2007-0.27%8.11%  
    200614.88%10.15%  
    2005-4.21%0.32%  
    20049.27%12.38%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 11/30/2024
    Category: Morningstar US CEF Global Income

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 12/2/2024
    6.66%
    Number of Holdings:
    As of 10/31/2024
    236
    Annual Portfolio Turnover:
    As of 10/31/2024
    21.00%
    Asset Allocation

    As of 10/31/2024

    Top Sectors

    As of 10/31/2024

    Sector%Portfolio
    Government (Super Sector)52.20%
    Corporate (Super Sector)45.45%
    Corporate Bond45.40%
    Government41.67%
    Government Related10.54%
    Cash Equivalents (Super Sector)2.12%
    Cash Equivalents2.12%
    Convertible0.05%
    Top Holdings

    As of 10/31/2024

    HoldingValue% Portfolio
    Indonesia (Republic of) 7%$23.49M2.08%
    Mexico (United Mexican States) 8.5%$22.21M1.97%
    Indonesia (Republic of) 8.75%$21.03M1.86%
    Philippines (Republic Of) 6.75%$20.28M1.80%
    India (Republic of) 7.4%$18.55M1.64%
    Pakistan (Islamic Republic of) 0.01%$17.71M1.57%
    Indonesia (Republic of) 6.125%$17.05M1.51%
    Hutchison Whampoa Finance (CI) Limited 7.5%$16.59M1.47%
    Indonesia (Republic of) 8.25%$16.21M1.44%
    India (Republic of) 7.26%$16.18M1.43%
    Credit Quality

    As of 10/31/2024

    Maturity Breakdown

    As of 10/31/2024

    Country Allocation

    As of 10/31/2024

    Country% Portfolio
    Indonesia - Fixed Income16.78%
    India - Fixed Income14.98%
    Others - Fixed Income14.97%
    China - Fixed Income8.36%
    Philippines - Fixed Income7.32%
    Australia - Fixed Income6.69%
    South Korea - Fixed Income5.36%
    Hong Kong - Fixed Income4.57%
    Pakistan - Fixed Income3.58%
    United Kingdom - Fixed Income2.75%
    Malaysia - Fixed Income2.09%
    Mexico - Fixed Income1.97%
    South Africa - Fixed Income1.87%
    Brazil - Fixed Income1.42%
    United States - Fixed Income1.23%
    Thailand - Fixed Income0.91%
    Japan - Fixed Income0.56%
    Canada - Fixed Income0.51%
    Singapore - Fixed Income0.49%
    France - Fixed Income0.48%
    Vietnam - Fixed Income0.31%
    Switzerland - Fixed Income0.28%
    Germany - Fixed Income0.23%
    Israel - Fixed Income0.11%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds 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. Shares of closed-end funds 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 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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