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 announced a quarterly dividend on Thursday, December 12th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.14 per share on Friday, January 10th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 11.09%. The ex-dividend date is Monday, December 30th. View Aberdeen Australia Equity Fund's Dividend History.
Has Aberdeen Australia Equity Fund been receiving favorable news coverage?
News articles about IAF stock have been trending positive this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. 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 news sentiment score of 3.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Aberdeen Australia Equity Fund.
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), Ackermans & van Haaren (ACKB), Advent Claymore Convertible Sec & Inc Fd (AVK), Allianzgi Diversified Incm and Cnvrtb Fd (ACV), AllianzGI Equity & Convertible Income FD (NIE), Alpine Global Premier Properties Fund (AWP), Alternative Invest Ordinary Units FP (AIQ), Amedeo Resources (AMED), Apollo Senior Floating Rate Fund (AFT), Azimut (AZIHF), Bankinter (BKT), Barings Global Short Duratin Hgh Yld Fnd (BGH), BlackRock Core Bond Trust (BHK) and BlackRock Enhanced Capital and Income Fd (CII).
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 institutional and retail investors. Top institutional shareholders include City of London Investment Management Co. Ltd. (0.00%), First Allied Advisory Services Inc. (0.00%), Geode Capital Management LLC (0.00%), Landscape Capital Management L.L.C. (0.00%), UBS Group AG (0.00%) and Bank of America Corp DE (0.00%).
Which institutional investors are selling Aberdeen Australia Equity Fund stock?
IAF stock was sold by a variety of institutional investors in the last quarter, including Geode Capital Management LLC, Bank of America Corp DE and UBS Group AG.
Which institutional investors are buying Aberdeen Australia Equity Fund stock?
IAF stock was acquired by a variety of institutional investors in the last quarter, including City of London Investment Management Co. Ltd., First Allied Advisory Services Inc. and Landscape Capital Management L.L.C..
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, Robinhood, 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 $5.05.
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)
| Community Ranking: | | 3.0 out of 5 ( ) |
| Outperform Votes: | | 44 (Thanks for Voting!) |
| Underperform Votes: | | 30 (Thanks for Voting!) |
| Total Votes: | | 74 |
