The NAV information is provided by the Fund's accounting agent. The price is as reported by the exchange on which the Fund trades. This information is unaudited and neither Aberdeen Asset Management PLC, its wholly owned subsidiaries, the Funds, nor any other person guarantees their accuracy.
Aberdeen Asia-Pacific Income Fund, Inc. (NYSE MKT: FAX)*
The Fund’s investment objective is to seek current income. The Fund may also achieve incidental capital appreciation. The Fund will seek to achieve its investment objective through investment in Australian and Asian debt securities.
For more detailed information on the specific risks associated with this fund, please view the Important Risk Considerations tab.
Aberdeen Insights: Views from the Front Lines of Asia
View highlights of our live roundtable with Hugh Young, Aberdeen’s Managing Director and Head of Equities, and Anthony Michael, Aberdeen’s Head of Fixed Income Asia-Pacific, as they discuss their views on opportunities in the Asia region. To view the full replay, visit our Aberdeen Insights channel
Asian local currency bonds rose in February owing to renewed investor risk aversion. In the U.S., there were
concerns over lackluster economic data, looming spending cuts, and how long the Federal Reserve would continue
its bond-buying program. Eurozone growth remained fragile despite German resilience, while the Italian
government election was inconclusive as no party gained a majority.
In Asia, China imposed more curbs to cool its property sector. Fourth-quarter gross domestic product (GDP) across
most of the region. Central banks kept policy on hold amid stable inflation.
Bonds in higher-yielding markets, such as the Philippines and Indonesia, outperformed their regional peers, whereas
Hong Kong and Singapore weakened in tandem with U.S. Treasuries.
Asian currencies closed mixed against the U.S. dollar. The Indonesian rupiah was the best performer, driven by
foreign demand for Indonesian assets. But the Indian rupee lagged, as investors were disappointed by a budget that
fell short on structural reforms.
Australian bond yields fell across the curve, as weaker economic data raised the likelihood of policy easing. The
Australian dollar lost ground against the U.S. dollar. Credit markets modestly outperformed government bonds.
Tighter credit spreads for corporate issues were offset by wider interest rate swap spreads versus Commonwealth
bonds, leaving excess returns driven mostly by the relatively higher yields.
Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund’s investment return and principal value will fluctuate so that an investor’s shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund’s portfolio. There is no assurance that the Fund will achieve its investment objective. Past performance does not guarantee future results.
*Investors should consider a fund’s investment objectives, risks, charges and expenses carefully before investing. A copy of the prospectus for Aberdeen Asia-Pacific Income Fund, Inc., Aberdeen Chile Fund, Inc., Inc. and Aberdeen Global Income Fund, Inc. that contains this and other information about the fund may be obtained by calling 866-839-5205. Please read the prospectus carefully before investing. Investing in funds involves risk, including possible loss of principal.
Privacy and Cookies Policy
There can be no assurance that the Board will maintain the Fund's distribution rate at a particular level, or that the Board will continue a managed distribution policy. Additionally, distributions may include return of capital as well as net investment income and capital gains. If the Fund's investments do not generate sufficient income, the Fund may be required to liquidate a portion of its portfolio to fund these distributions. If the Fund's distributions consist of a large amount of return of capital, it may result in a deterioration of the Fund's assets.
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