Aberdeen Asia-Pacific Income:FAX


    As of 3/16/2018

    52 Wk Avg$5.00$5.48-8.74%
    52 Wk High$5.29$5.66-4.68%
    52 Wk Low$4.72$5.29-11.44%
    Regular Distribution TypeIncome Only
    Distribution Rate8.80%
    Distribution Amount$0.0350
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks current income with incidental capital appreciation through investment in Australian and Asian debt securities.

    Capital Structure

    As of 3/16/2018

    Total Net Assets:$1,909.765M
    Total Common Assets:$1,334.765M
    Common Shares Outstanding:252,130,824

    As of 4/28/2017

    Preferred Share Assets: $50.000M
    Type of Preferred: Mandatory Redemption Preferred share
    Total Debt (USD): $525.000M
    Structural Leverage (USD): $575.000M
    Structural Leverage (%): 29.46%
    Effective Leverage (USD): $575.000M
    Effective Leverage (%): 29.46%
    Annual Expense Ratios

    As of 10/31/2017

      Per Common Share
    Management Fees0.76%
    Other Expenses:0.38%
    Baseline Expense: 1.14%
    Interest Expense:1.12%
    Total: 2.26%

    Fund Management

    Fund Sponsor
    Aberdeen Asset Management Asia Limited

    Portfolio Managers
    Kenneth Akintewe (30 Jun 2013) / Thu Ha Chow (31 Oct 2012) / Victor Rodriguez (22 Jan 2014)

    Category: Non-US/Other-Global Income
    Ticker: FAX
    NAV Ticker: XFAPX
    Average Daily Volume (shares): 586,000
    Average Daily Volume (USD): $2.917M
    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


    As of 3/16/2018

    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 10/31/2017
    Annualized Distribution Rate on NAV:
    As of 3/16/2018
    Total Return on NAV (12 months):
    As of 3/16/2018
    Avg. UNII Per Share:
    As of 10/31/2017
    Total % Portfolio Effectively Leveraged:
    As of 3/16/2018

    Pricing Information

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

    As of 3/16/2018

    PeriodAvg Discount
    6 Month-9.11%
    1 Year-8.74%
    3 Year-11.92%
    5 Year-10.64%

    As of 3/16/2018

    3 Month1.20
    6 Month-0.40
    1 Year-0.70
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 3/16/2018
    Category: Global Income Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    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 3/16/2018
    Category: Global Income Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Maturity:
    As of 6/30/2017
    7.30 yrs
    Number of Holdings:
    As of 10/31/2017
    Annual Portfolio Turnover:
    As of 10/31/2017
    Asset Allocation

    As of 7/29/2016 reported by Fund Sponsor

    Top Sectors

    As of 7/29/2016 reported by Fund Sponsor

    Debt - Foreign Govt 49.16%
    Debt - Foreign Corp 46.45%
    Net Current Assets 2.86%
    Debt - Short 1.53%
    Top Holdings

    As of 10/31/2017 reported by Fund Sponsor

    HoldingValue% Portfolio
    State Street Institutional U.S. Governme 0.94 31 Dec 2030$50.05M2.57%
    Australia(Cmnwlth) 3.25% 3.25 21 Jun 2039$49.11M2.53%
    Australia(Cmnwlth) 3.75% 3.75 21 Apr 2037$42.39M2.18%
    Queensland Tsy Cp 6.25% 6.25 14 Jun 2019$38.60M1.99%
    Australia(Cmnwlth) 5.5% 5.50 21 Apr 2023$37.27M1.92%
    Queensland Tsy Cp 6% 6.00 21 Feb 2018$37.10M1.91%
    New Sth Wales Tsy 6% 6.00 01 Feb 2018$35.58M1.83%
    Australia(Cmnwlth) 2.75% 2.75 21 Nov 2028$35.46M1.82%
    Indonesia(Rep Of) 8.75%$28.19M1.45%
    Australia(Cmnwlth) 3.25% 3.25 21 Apr 2025$27.88M1.43%
    Indonesia(Rep Of) 7% 7.00 15 May 2022$26.81M1.38%
    Credit Quality

    As of 6/30/2017 reported by Fund Sponsor

    Maturity Breakdown

    As of 6/30/2017 reported by Fund Sponsor

    Country Allocation

    As of 6/30/2017 reported by Fund Sponsor

    Country% Portfolio
    Australia 28.10%
    India 13.30%
    China 11.40%
    Indonesia 11.00%
    Hong Kong 5.20%
    South Korea 4.70%
    Malaysia 4.10%
    Other Countries 3.90%
    Philippines 2.90%
    USA 2.70%
    Thailand 2.60%
    Germany 2.50%
    Singapore 2.30%
    UK 1.30%
    Sri Lanka 1.20%
    United Arab Emirates 0.90%
    Kuwait 0.80%
    Norway 0.40%
    Netherlands 0.30%
    Japan 0.30%
    Mongolia 0.10%

    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.


    Distribution type sourced from Morningstar. 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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