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# Aberdeen Asia-Pacific Income Fund, Inc. (NYSE MKT: FAX)
  (EDT)
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Daily Data

At close Apr 22, 2014

NAV$6.77
Market Price$6.27
Premium/(Discount)-7.39%

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.

 
 

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Aberdeen Asia-Pacific Income Fund, Inc. (NYSE MKT: FAX)*

Investment Objective

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 Asia-Pacific Income Fund, Inc. Webcast Update

In this webcast update, Adam McCabe covers the Aberdeen Asia-Pacific Income Fund, Inc. and speaks to the structural factors that have impacted markets. Adam also speaks to recent fund performance, where he and the team are finding fixed income opportunities and provides an outlook on the region.

Important Information

 
 
 

Fund Managers’ Monthly Report

February 2014

  • Stabilizing sentiment in the broader emerging world benefited Asian fixed income markets, which posted modest gains in February. The economic outlook remained mixed, as manufacturing data in China and the U.S. disappointed but Europe showed incremental improvement. Political tensions flared between Russia and the West over its intervention in Ukraine. In the U.S., Janet Yellen’s first Congressional testimony as Federal Reserve chief indicated her comfort with a steady pace of tapering of US$10 billion a month.
  • In Asia, there were concerns over a tightening of bank loans to China’s property sector. Separately, central bank efforts to weaken the yuan and stamp out speculation caused the currency to fall by more than 1% against the U.S. dollar.
  • Indonesia’s local currency bonds and its currency, the rupiah, outperformed their regional peers owing to robust domestic and foreign demand. The country posted positive trade data, while solid exports underpinned fourthquarter gross domestic product growth. Thai bonds were bolstered by expectations of interest rate cuts. Meanwhile, high-yield sovereigns led the gains in Asian credit markets. It was a quiet month for new issues, led by mainly Chinese property developers and Korean quasi-sovereigns.
  • Australian bond yields ended the month unchanged, as economic data remained mixed. Retail sales rose and business confidence improved, whereas employment and investment deteriorated. The central bank left the cash rate on hold and was generally perceived as no longer having a monetary policy easing bias. Australian government bonds lagged all other market segments.
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