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

Company Overview

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.

Key Stats

• Today's Range: $4.50 to $4.58
• 50-Day Range: $4.41 to $4.71
• 52-Week Range: $3.35 to $4.75
• Volume: 49,410 shs
• Average Volume: 61,762 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 14.13%
• Price Target: N/A
• Consensus Rating: N/A

IAF Stock Analysis - Frequently Asked Questions

How have IAF shares performed this year?

Abrdn Australia Equity Fund's stock was trading at $4.1043 on January 1st, 2025. Since then, IAF stock has increased by 10.4% and is now trading at $4.53.

Who are Abrdn Australia Equity Fund's major shareholders?

Top institutional shareholders of Abrdn Australia Equity Fund include Allspring Global Investments Holdings LLC, Cetera Investment Advisers, Wolverine Asset Management LLC and Shaker Financial Services LLC. Insiders that own company stock include Moritz A Sell and Rahn K Porter.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that Abrdn Australia Equity Fund investors own include AGNC Investment (AGNC), Rithm Capital (RITM), AT&T (T), FS KKR Capital (FSK), Annaly Capital Management (NLY), Global X Nasdaq 100 Covered Call ETF (QYLD) and Ares Dynamic Credit Allocation Fund (ARDC).

Company Calendar

• Record date for 6/30 Dividend: 5/22/2025
• Ex-Dividend for 6/30 Dividend: 5/22/2025
• Dividend Payable: 6/30/2025
• Record date for 9/30 Dividend: 8/22/2025
• Ex-Dividend for 9/30 Dividend: 8/22/2025
• Today: 9/03/2025
• Dividend Payable: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Financial Services
• Current Symbol: NYSEAMERICAN:IAF
• CIK: 779336
• Web: www.aberdeeniaf.com
• Phone: 001-612-9950-2888
• Fax: N/A
• Employees: 38,000
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): 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