Aberdeen Asia-Pacific Income Fund: Still Over-Distributing, But Worth A Look

About: Aberdeen Asia-Pacific Income Fund (FAX), Includes: AGG, EMB, GIM, IGOV, JGH
by: Maks F. S.
This article is exclusive for subscribers.
Maks F. S.
Registered investment advisor, portfolio strategy, mutual funds, closed-end funds

FAX is a closed-end fund sponsored by Aberdeen Standard Investments, seeking a level income with incidental capital appreciation.

The fund currently yields a 7.89% managed distribution and is trading at a discount of 13.84% to its Net Asset Value.

In-depth update of the fund since our initial article on 9/25/2017.

Note: This article was first published for subscribers of my marketplace service. It is not available to you in its complete form.

While it has never been a huge sponsor, one of the companies that