Aberdeen Australia Equity Fund, Inc. is a closed ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund is managed by Aberdeen Standard Investments Australia Limited. It invests in the public equity markets of Australia. The fund makes its investments in firms operating across diversified sectors. It employs fundamental analysis with a bottom-up and top-down stock picking approach with focus on factors like growth prospects, competitive positions in domestic and export markets, technology, research and development, productivity, labor and raw material costs, profit margins, return on investment, capital resources, quality of management, and government regulation to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P ASX 200 Accumulation Index. It also uses proprietary research to create its portfolio. The Aberdeen Australia Equity Fund Inc. was previously known as The First Australia Fund, Inc. Aberdeen Australia Equity Fund, Inc. was formed in September 30, 1985 and is domiciled in the United States.
Industry, Sector and Symbol
Industry Asset Management
Sub-IndustryN/A
SectorFinancial Services
CIKN/A
Phone+1-215-4055700
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
Next Earnings DateN/A
OptionableNot Optionable
Aberdeen Australia Equity Fund (NYSEAMERICAN:IAF) Frequently Asked Questions
What is Aberdeen Australia Equity Fund's stock symbol?
Aberdeen Australia Equity Fund trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "IAF."
How often does Aberdeen Australia Equity Fund pay dividends? What is the dividend yield for Aberdeen Australia Equity Fund?
Aberdeen Australia Equity Fund declared a quarterly dividend on Tuesday, March 12th. Stockholders of record on Thursday, March 21st will be given a dividend of $0.15 per share on Friday, March 29th. This represents a $0.60 annualized dividend and a dividend yield of 11.13%. The ex-dividend date of this dividend is Wednesday, March 20th. View Aberdeen Australia Equity Fund's Dividend History.
Has Aberdeen Australia Equity Fund been receiving favorable news coverage?
News coverage about IAF stock has been trending somewhat positive on Thursday, InfoTrie reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Aberdeen Australia Equity Fund earned a daily sentiment score of 0.7 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an effect on the company's share price in the near term.
Who are some of Aberdeen Australia Equity Fund's key competitors?
Some companies that are related to Aberdeen Australia Equity Fund include 1ST TR ENERGY I/SH (FIF), 3i Group (TGOPF), 8IP Emerging Companies (8EC), Aberdeen New Dawn Investment Trust (ABD), Absolute Equity Performance Fund (AEG), Ackermans & van Haaren (ACKB), Advent Claymore Convertible Sec & Inc Fd (AVK), AGF Management (AGF.B), Alcentra European Flotng Rt Incm Fd (AEFS), All Asia Asset Capital (AAA), Alliance Trust (ATST), Allianzgi Diversified Incm and Cnvrtb Fd (ACV), AllianzGI Equity & Convertible Income FD (NIE), Alpine Global Premier Properties Fund (AWP) and Amedeo Air Four Plus (AA4).
What other stocks do shareholders of Aberdeen Australia Equity Fund own?
Who are Aberdeen Australia Equity Fund's key executives?
Aberdeen Australia Equity Fund's management team includes the folowing people:
- Mr. Martin James Gilbert MA, LLB, LLD, CA, CEO, VP, Interested Director, Chairman of Aberdeen Global Income Fund Inc (Age 64)
- Mr. Hugh Young, Portfolio Mngr, Interested Director, MD of Aberdeen Asset Mgmt Asia Ltd-Mngr (Age 61)
- Mr. Christian Alexander Pittard, Pres (Age 46)
- Ms. Andrea L. Melia, Principal Accounting Officer and Treasurer (Age 50)
- Mr. Jeffrey Cotton, Chief Compliance Officer and VP of Compliance (Age 42)
Who are Aberdeen Australia Equity Fund's major shareholders?
Aberdeen Australia Equity Fund's stock is owned by a variety of of retail and institutional investors. Top institutional investors include 1607 Capital Partners LLC (0.00%), Wells Fargo & Company MN (0.00%), Morgan Stanley (0.00%) and Commonwealth Equity Services LLC (0.00%).
Which institutional investors are buying Aberdeen Australia Equity Fund stock?
IAF stock was purchased by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, 1607 Capital Partners LLC, Commonwealth Equity Services LLC and Morgan Stanley.
How do I buy shares of Aberdeen Australia Equity Fund?
Shares of IAF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Aberdeen Australia Equity Fund's stock price today?
One share of IAF stock can currently be purchased for approximately $5.3917.
What is Aberdeen Australia Equity Fund's official website?
How can I contact Aberdeen Australia Equity Fund?
Aberdeen Australia Equity Fund's mailing address is 1735 Market St Fl 32, PHILADELPHIA, PA 19103-7503, United States. The company can be reached via phone at +1-215-4055700.
MarketBeat Community Rating for Aberdeen Australia Equity Fund (NYSEAMERICAN IAF)
MarketBeat's community ratings are surveys of what our community members think about Aberdeen Australia Equity Fund and other stocks. Vote "Outperform" if you believe IAF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IAF will underperform the S&P 500 over the long term. You may vote once every thirty days.
