Ladenburg Thalmann Financial Services Inc. boosted its holdings in Aberdeen Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) by 5.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 322,188 shares of the investment management company’s stock after buying an additional 17,644 shares during the quarter. Ladenburg Thalmann Financial Services Inc. owned approximately 0.13% of Aberdeen Asia-Pacific Income Fund worth $1,662,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in FAX. Bronfman E.L. Rothschild L.P. boosted its stake in shares of Aberdeen Asia-Pacific Income Fund by 1,440.6% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 20,105 shares of the investment management company’s stock valued at $101,000 after purchasing an additional 18,800 shares in the last quarter. Brookstone Capital Management boosted its stake in shares of Aberdeen Asia-Pacific Income Fund by 4.4% during the second quarter. Brookstone Capital Management now owns 23,750 shares of the investment management company’s stock valued at $119,000 after purchasing an additional 1,000 shares in the last quarter. Barry Investment Advisors LLC acquired a new stake in shares of Aberdeen Asia-Pacific Income Fund during the third quarter valued at about $132,000. MML Investors Services LLC boosted its stake in shares of Aberdeen Asia-Pacific Income Fund by 13.7% during the second quarter. MML Investors Services LLC now owns 30,359 shares of the investment management company’s stock valued at $152,000 after purchasing an additional 3,661 shares in the last quarter. Finally, Sigma Planning Corp raised its position in shares of Aberdeen Asia-Pacific Income Fund by 175.7% during the third quarter. Sigma Planning Corp now owns 30,597 shares of the investment management company’s stock worth $158,000 after acquiring an additional 19,499 shares during the last quarter.

Shares of Aberdeen Asia-Pacific Income Fund, Inc. (NYSEAMERICAN FAX) traded up $0.02 on Monday, hitting $4.86. The stock had a trading volume of 915,600 shares, compared to its average volume of 619,102. Aberdeen Asia-Pacific Income Fund, Inc. has a 52 week low of $4.56 and a 52 week high of $5.29.

The business also recently disclosed a monthly dividend, which will be paid on Monday, January 8th. Stockholders of record on Friday, December 29th will be given a dividend of $0.035 per share. The ex-dividend date is Thursday, December 28th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 8.64%. Aberdeen Asia-Pacific Income Fund’s dividend payout ratio (DPR) is 221.05%.

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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.

Institutional Ownership by Quarter for Aberdeen Asia-Pacific Income Fund (NYSEAMERICAN:FAX)

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