NYSEAMERICAN:IAF Abrdn Australia Equity Fund (IAF) Stock Forecast, Price & News $4.16 +0.06 (+1.46%) (As of 05/26/2023 ET) Add Compare Share Share Today's Range$4.10▼$4.1750-Day Range N/A52-Week Range$3.74▼$5.78Volume67,922 shsAverage Volume55,767 shsMarket CapitalizationN/AP/E RatioN/ADividend Yield15.38%Price TargetN/A ProfileProfileChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media About Abrdn Australia Equity Fund (NYSEAMERICAN:IAF) StockAbrdn 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.Read More Receive IAF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Abrdn Australia Equity Fund and its competitors with MarketBeat's FREE daily newsletter. Email Address IAF Stock News HeadlinesMay 27, 2023 | americanbankingnews.comAbrdn Australia Equity Fund Inc (NYSEAMERICAN:IAF) Short Interest UpdateMay 27, 2023 | americanbankingnews.comShort Interest in Abrdn Australia Equity Fund Inc (NYSEAMERICAN:IAF) Expands By 6,000.0%May 28, 2023 | Stocks To Trade (Ad)Free A.I. Trade Alerts. Up to 15 opportunities a day.Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 13, 2023 | americanbankingnews.comAbrdn Australia Equity Fund Inc (IAF) To Go Ex-Dividend on May 18thMay 12, 2023 | msn.comAberdeen Australia Equity Fund (IAF) Declares $0.13 DividendApril 11, 2023 | thestreet.comabrdn Australia Equity Fund Inc.February 17, 2023 | msn.comAustralia news live: Linda Burney urges Peter Dutton to ‘stay engaged’ after Indigenous voice meetingFebruary 17, 2023 | cnbc.comAustralia to spend $5 billion on Brisbane Olympics venuesMay 28, 2023 | Stocks To Trade (Ad)Free A.I. Trade Alerts. Up to 15 opportunities a day.Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.February 10, 2023 | msn.comabrdn Australia Equity Fund declares $0.13 dividendJanuary 30, 2023 | forbes.comASX Stocks To Watch In 2023December 19, 2022 | msn.comAustralia's sovereign wealth fund buys gold, commodities as shadow of 1970s loomsNovember 22, 2022 | bloomberg.comAustralia to Fix ‘Dog’s Breakfast’ of Pension Fund DisclosureSeptember 14, 2022 | yahoo.comWhile institutions own 24% of Australian Vintage Ltd (ASX:AVG), individual investors are its largest shareholders with 56% ownershipSeptember 12, 2022 | reuters.comabrdn Australia Equity Fund IncSeptember 10, 2022 | msn.comIAF Joins 'Pitch Black' Exercise in Aus With Sukhois & C-17s | About the Multi-nation Air Warfare DrillSeptember 6, 2022 | reuters.comabrdn Australia Equity Fund, IncAugust 10, 2022 | msn.comAsset manager Abrdn set to slash a fifth of its fundsJuly 19, 2022 | uk.finance.yahoo.comAbrdn Australia Equity Fund Inc (IAF)February 9, 2022 | seekingalpha.comAberdeen Australia Equity Fund declares $0.15 dividendSeptember 14, 2021 | au.finance.yahoo.comLee Monument Comes Down in Virginia, Goes on Display in SwitzerlandAugust 7, 2021 | finanznachrichten.deAberdeen Standard Investments Inc.: CORRECTION: Aberdeen Standard Investments U.S Closed-End Funds Announce Distribution Payment DetailsAugust 5, 2021 | benzinga.comCORRECTION: Aberdeen Standard Investments U.S Closed-End Funds Announce Distribution Payment DetailsMay 11, 2021 | finance.yahoo.comAberdeen Standard Investments U.S. Closed-End Funds Announce Distribution Payment DetailsApril 29, 2021 | markets.businessinsider.comAberdeen Australia Equity Fund, Inc. Announces Results Of Annual Meeting Of Shareholders And Changes To Board Of DirectorsJanuary 20, 2021 | finance.yahoo.comAberdeen Australia Equity Fund, Inc. (IAF)January 9, 2021 | fool.comABERDEEN AUSTRALIA EQTY FD ISee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive IAF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Abrdn Australia Equity Fund and its competitors with MarketBeat's FREE daily newsletter. Email Address IAF Company Calendar Ex-Dividend for 3/31 Dividend2/17/2023Dividend Payable3/31/2023Ex-Dividend for 6/30 Dividend5/18/2023Today5/28/2023Dividend Payable6/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSEAMERICAN Industry Asset Management Sub-IndustryN/A SectorFinance Current SymbolNYSEAMERICAN:IAF CUSIPN/A CIK779336 Webwww.aberdeeniaf.com PhoneN/AFaxN/AEmployees38,000Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable BetaN/A Key ExecutivesMr. 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 TamPortfolio 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 CFAPortfolio Mang.Key Competitors3i GroupOTCMKTS:TGOPF3i GroupOTCMKTS:TGOPYabrdn Global Premier Properties FundNYSE:AWPAdvent Convertible and Income FundNYSE:AVKAllspring Multi-Sector Income FundNYSEAMERICAN:ERCView All CompetitorsInstitutional OwnershipBelpointe Asset Management LLCBought 12,009 shares on 5/16/2023Ownership: 0.000%Landscape Capital Management L.L.C.Sold 3,354 shares on 5/10/2023Ownership: 0.000%Shaker Financial Services LLCBought 26,421 shares on 5/8/2023Ownership: 0.000%Wolverine Asset Management LLCSold 137,360 shares on 5/8/2023Ownership: 0.000%DAVENPORT & Co LLCBought 8,195 shares on 4/27/2023Ownership: 0.000%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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Abrdn Australia Equity Fund Inc Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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