Aberdeen Asia-Pacific Income Fund (FAX) - NYSEMKT
  • Sep. 11, 2015, 3:08 AM
    • Asian shares are mixed and ending the week fairly calmly following a turbulent few sessions, and ahead of a data dump by China on Sunday and a Fed rate decision later next week.
    • Asset manager Kathy Lien believes it will be difficult for the Fed to act.
    • "Based on the performance of the U.S. economy alone, the Fed should raise rates but they do not operate in a vacuum," Lien says.
    • Japan -0.2%, Hong Kong flat, China -0.4%, India +0.3%.
    • ETFs: FAX, GMF, ALD, EEMA, AAIT
    | Sep. 11, 2015, 3:08 AM
  • May 18, 2015, 2:31 AM
    • Asian shares are mixed following weak U.S. industrial-production and consumer-confidence data on Friday, adding to fears that the economy is stuck in a bit of a rut.
    • Still, that's prompting speculation that the Fed will delay raising rates.
    • "The size of the decline in consumer confidence is pushing back estimates for a U.S. interest-rate hike to December," says equity strategist Shoji Hirakawa. "That’s beneficial for stock valuations."
    • Japanese shares end +0.8%, boosted by banks on positive dividend news.
    • Elsewhere, Hong Kong -1.1% after a strong session on Friday, China -0.2% and India +0.5%.
    • ETFs: FAX, GMF, ALD, EEMA, AAIT
    | May 18, 2015, 2:31 AM
  • May 15, 2015, 3:18 AM
    | May 15, 2015, 3:18 AM
  • Nov. 14, 2012, 11:31 AM

    They're getting there. Closed-end investment funds take it on the chin again, with the PIMCO High Income Fund (PHK -6.6%) leading. At $10.56, the fund no longer sports a ridiculous near-75% premium to NAV, but with NAV currently at $8.32, there remains a wide gulf.

    | Nov. 14, 2012, 11:31 AM | 10 Comments
Company Description
Aberdeen Asia-Pacific Income Fund, Inc. is a closed-end investment company. The Fund's investment objective is to seek current income through investment in Australian and Asian debt securities.
Sector: Financial
Industry: Closed-End Fund - Debt