Aberdeen Asia-Pacific Income Fund (FAX) Receiving Somewhat Positive Media Coverage, Report Finds
News articles about Aberdeen Asia-Pacific Income Fund (NYSE:FAX) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Aberdeen Asia-Pacific Income Fund earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave media stories about the investment management company an impact score of 47.2118404728646 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Aberdeen Asia-Pacific Income Fund (FAX) traded up 1.375% during mid-day trading on Friday, hitting $5.089. The stock had a trading volume of 278,048 shares. The stock’s 50-day moving average is $5.09 and its 200 day moving average is $4.98. Aberdeen Asia-Pacific Income Fund has a 12 month low of $4.56 and a 12 month high of $5.55.
The business also recently declared a monthly dividend, which will be paid on Monday, August 28th. Shareholders of record on Monday, August 21st will be given a $0.035 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 8.37%. The ex-dividend date of this dividend is Thursday, August 17th.
Aberdeen Asia-Pacific Income Fund Company Profile
Aberdeen Asia-Pacific Income Fund, Inc is a non-diversified, closed-end management investment company. The Fund’s principal investment objective is to seek current income. The Fund may also achieve incidental capital appreciation. To achieve its investment objectives, the Fund invests approximately 80% of its net assets, plus the amount of any borrowings for investment purposes, in Asian debt securities, Australian debt securities and New Zealand debt securities.
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