Media headlines about Aberdeen Asia-Pacific Income Fund (NYSE:FAX) have trended somewhat positive on Saturday, according to Accern. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Aberdeen Asia-Pacific Income Fund earned a news impact score of 0.15 on Accern’s scale. Accern also gave media stories about the investment management company an impact score of 46.2189246903025 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Aberdeen Asia-Pacific Income Fund (FAX) traded up 0.29% during midday trading on Friday, hitting $5.20. The stock had a trading volume of 294,697 shares. Aberdeen Asia-Pacific Income Fund has a 1-year low of $4.56 and a 1-year high of $5.29. The firm has a 50-day moving average price of $5.15 and a 200-day moving average price of $5.03.

The firm also recently announced a monthly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 22nd will be issued a dividend of $0.035 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 8.08%. The ex-dividend date of this dividend is Thursday, September 21st.

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In other news, major shareholder Voya Financial, Inc. purchased 24,000,000 shares of Aberdeen Asia-Pacific Income Fund stock in a transaction that occurred on Thursday, August 10th. The stock was acquired at an average cost of $24,000,000.00 per share, for a total transaction of $576,000,000,000,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

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.

Insider Buying and Selling by Quarter for Aberdeen Asia-Pacific Income Fund (NYSE:FAX)

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