abrdn Asia-Pacific Income Fund, Inc. is a closed-end investment company listed on the NYSE American under the symbol FAX. The fund seeks to provide current income and, secondarily, capital appreciation by investing primarily in fixed-income securities issued by governments, government-related entities and companies in the Asia-Pacific region.
The fund’s portfolio may include sovereign and corporate bonds, notes and other debt instruments denominated in local or foreign currencies. Its investment exposure can span developed and emerging markets across Asia and the Pacific, including countries such as Australia, China, India, Indonesia, South Korea, Malaysia, New Zealand, the Philippines, Singapore and Thailand. The fund may also use currency and other investment-management strategies to manage portfolio exposure.
abrdn Asia-Pacific Income Fund was established in 1986 and is managed by abrdn, a global investment company. As a closed-end fund, it raises a fixed amount of capital and its shares trade on an exchange, while the portfolio is managed in accordance with the fund’s investment objective and policies.
AI Generated. May Contain Errors.
Free FAX Stock Alerts