S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
66,000% upside on tiny biotech? (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and GOP rush to complete debt ceiling deal, shore up support to prevent default
66,000% upside on tiny biotech? (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
66,000% upside on tiny biotech? (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
66,000% upside on tiny biotech? (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and GOP rush to complete debt ceiling deal, shore up support to prevent default
66,000% upside on tiny biotech? (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
66,000% upside on tiny biotech? (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
66,000% upside on tiny biotech? (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and GOP rush to complete debt ceiling deal, shore up support to prevent default
66,000% upside on tiny biotech? (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
66,000% upside on tiny biotech? (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
66,000% upside on tiny biotech? (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and GOP rush to complete debt ceiling deal, shore up support to prevent default
66,000% upside on tiny biotech? (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
66,000% upside on tiny biotech? (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
NYSEAMERICAN:IAF

Abrdn Australia Equity Fund (IAF) Stock Forecast, Price & News

$4.16
+0.06 (+1.46%)
(As of 05/26/2023 ET)
Compare
Today's Range
$4.10
▼
$4.17
50-Day Range
N/A
52-Week Range
$3.74
▼
$5.78
Volume
67,922 shs
Average Volume
55,767 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
15.38%
Price Target
N/A
ProfileChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

IAF stock logo

About Abrdn Australia Equity Fund (NYSEAMERICAN:IAF) Stock

Abrdn 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. Abrdn Australia Equity Fund Inc was formed in September 30, 1985 and is domiciled in the United States.

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IAF Stock News Headlines

May 27, 2023 | americanbankingnews.com
Abrdn Australia Equity Fund Inc (NYSEAMERICAN:IAF) Short Interest Update
May 27, 2023 | americanbankingnews.com
Short Interest in Abrdn Australia Equity Fund Inc (NYSEAMERICAN:IAF) Expands By 6,000.0%
May 28, 2023 | Stocks To Trade (Ad)
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May 13, 2023 | americanbankingnews.com
Abrdn Australia Equity Fund Inc (IAF) To Go Ex-Dividend on May 18th
May 12, 2023 | msn.com
Aberdeen Australia Equity Fund (IAF) Declares $0.13 Dividend
April 11, 2023 | thestreet.com
abrdn Australia Equity Fund Inc.
February 17, 2023 | msn.com
Australia news live: Linda Burney urges Peter Dutton to ‘stay engaged’ after Indigenous voice meeting
February 17, 2023 | cnbc.com
Australia to spend $5 billion on Brisbane Olympics venues
May 28, 2023 | Stocks To Trade (Ad)
Free A.I. Trade Alerts. Up to 15 opportunities a day.
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February 10, 2023 | msn.com
abrdn Australia Equity Fund declares $0.13 dividend
January 30, 2023 | forbes.com
ASX Stocks To Watch In 2023
December 19, 2022 | msn.com
Australia's sovereign wealth fund buys gold, commodities as shadow of 1970s looms
November 22, 2022 | bloomberg.com
Australia to Fix ‘Dog’s Breakfast’ of Pension Fund Disclosure
September 14, 2022 | yahoo.com
While institutions own 24% of Australian Vintage Ltd (ASX:AVG), individual investors are its largest shareholders with 56% ownership
September 12, 2022 | reuters.com
abrdn Australia Equity Fund Inc
September 10, 2022 | msn.com
IAF Joins 'Pitch Black' Exercise in Aus With Sukhois & C-17s | About the Multi-nation Air Warfare Drill
September 6, 2022 | reuters.com
abrdn Australia Equity Fund, Inc
August 10, 2022 | msn.com
Asset manager Abrdn set to slash a fifth of its funds
July 19, 2022 | uk.finance.yahoo.com
Abrdn Australia Equity Fund Inc (IAF)
February 9, 2022 | seekingalpha.com
Aberdeen Australia Equity Fund declares $0.15 dividend
September 14, 2021 | au.finance.yahoo.com
Lee Monument Comes Down in Virginia, Goes on Display in Switzerland
August 7, 2021 | finanznachrichten.de
Aberdeen Standard Investments Inc.: CORRECTION: Aberdeen Standard Investments U.S Closed-End Funds Announce Distribution Payment Details
August 5, 2021 | benzinga.com
CORRECTION: Aberdeen Standard Investments U.S Closed-End Funds Announce Distribution Payment Details
May 11, 2021 | finance.yahoo.com
Aberdeen Standard Investments U.S. Closed-End Funds Announce Distribution Payment Details
April 29, 2021 | markets.businessinsider.com
Aberdeen Australia Equity Fund, Inc. Announces Results Of Annual Meeting Of Shareholders And Changes To Board Of Directors
January 20, 2021 | finance.yahoo.com
Aberdeen Australia Equity Fund, Inc. (IAF)
January 9, 2021 | fool.com
ABERDEEN AUSTRALIA EQTY FD I
See More Headlines
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IAF Company Calendar

Ex-Dividend for 3/31 Dividend
2/17/2023
Dividend Payable
3/31/2023
Ex-Dividend for 6/30 Dividend
5/18/2023
Today
5/28/2023
Dividend Payable
6/30/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSEAMERICAN
Industry
Asset Management
Sub-Industry
N/A
Sector
Finance
Current Symbol
NYSEAMERICAN:IAF
CUSIP
N/A
CIK
779336
Web
www.aberdeeniaf.com
Phone
N/A
Fax
N/A
Employees
38,000
Year Founded
N/A

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
N/A
Quick Ratio
N/A

Sales & Book Value

Annual Sales
N/A
Price / Sales
N/A
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
N/A
Price / Book
N/A

Miscellaneous

Outstanding Shares
N/A
Free Float
N/A
Market Cap
N/A
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Martin James Gilbert C.A. (Age 67)
    CA, L.L.B., LLB, LLD, M.A., MA, MA LLB LLD C, CEO, VP, Interested Director, Chairman of Aberdeen Global Income Fund Inc
  • Ms. Natalie Tam
    Portfolio Mang.
  • Mr. Augustine Mark Daniels Bsc Econ (Age 67)
    Portfolio Mang.
  • Ms. Alison Briggs (Age 49)
    VP, VP - Aberdeen Global Income Fund Inc and VP - Aberdeen Asia-Pacific Income Fund
  • Ms. Michelle Lopez CFA
    Portfolio Mang.

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













IAF Stock - Frequently Asked Questions

How have IAF shares performed in 2023?

Abrdn Australia Equity Fund's stock was trading at $4.65 at the beginning of the year. Since then, IAF shares have decreased by 10.5% and is now trading at $4.16.
View the best growth stocks for 2023 here.

Are investors shorting Abrdn Australia Equity Fund?

Abrdn Australia Equity Fund saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 6,100 shares, an increase of 6,000.0% from the April 30th total of 100 shares. Based on an average trading volume of 47,300 shares, the days-to-cover ratio is presently 0.1 days.
View Abrdn Australia Equity Fund's Short Interest.

How often does Abrdn Australia Equity Fund pay dividends? What is the dividend yield for Abrdn Australia Equity Fund?

Abrdn Australia Equity Fund declared a quarterly dividend on Thursday, May 11th. Investors of record on Friday, May 19th will be given a dividend of $0.13 per share on Friday, June 30th. This represents a $0.52 dividend on an annualized basis and a yield of 12.50%. The ex-dividend date of this dividend is Thursday, May 18th.
Read our dividend analysis for IAF.

Is Abrdn Australia Equity Fund a good dividend stock?

Abrdn Australia Equity Fund (NYSEAMERICAN:IAF) pays an annual dividend of $0.64 per share and currently has a dividend yield of 0.12%.
Read our dividend analysis for IAF.

What other stocks do shareholders of Abrdn Australia Equity Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Abrdn Australia Equity Fund investors own include AbbVie (ABBV), General Motors (GM), Main Street Capital (MAIN), Pfizer (PFE), AT&T (T), Walgreens Boots Alliance (WBA), Apple Hospitality REIT (APLE), Franklin Resources (BEN) and Bank of Nova Scotia (BNS).

What is Abrdn Australia Equity Fund's stock symbol?

Abrdn Australia Equity Fund trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "IAF."

Who are Abrdn Australia Equity Fund's major shareholders?

Abrdn Australia Equity Fund's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.00%), DAVENPORT & Co LLC (0.00%), Shaker Financial Services LLC (0.00%), Belpointe Asset Management LLC (0.00%), Landscape Capital Management L.L.C. (0.00%) and Cyndeo Wealth Partners LLC (0.00%). Insiders that own company stock include Radhika Ajmera and Stephen Bird.
View institutional ownership trends.

How do I buy shares of Abrdn Australia Equity Fund?

Shares of IAF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Abrdn Australia Equity Fund's stock price today?

One share of IAF stock can currently be purchased for approximately $4.16.

How many employees does Abrdn Australia Equity Fund have?

The company employs 38,000 workers across the globe.

This page (NYSEAMERICAN:IAF) was last updated on 5/28/2023 by MarketBeat.com Staff

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