FAX
Price:
$15.23
Market Cap:
$628.73M
Abrdn Asia-Pacific Income Fund Inc is a close ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets of Asia, Australia, and New Zeland. It primarily invests in debt securities issued by governmental entities, banks, companies, and other entities. Abrdn Asia-Pacific Income Fund Inc was formed on March 14, 1986 and is domiciled in the United States.
Industry
Asset Management - Income
IPO Date
1986-04-17
Stock Exchange
NYSE
Ticker
FAX
According to Abrdn Asia-Pacific Income Fund Inc’s latest financial reports and current stock price. The company's current ROE is 7.47%. This represents a change of 217.22% compared to the average of 2.35% of the last 4 quarters.
The mean historical ROE of Abrdn Asia-Pacific Income Fund Inc over the last ten years is -0.70%. The current 7.47% ROE has changed -1165.81% with respect to the historical average. Over the past ten years (40 quarters), FAX's ROE was at its highest in in the April 2019 quarter at 20.84%. The ROE was at its lowest in in the October 2022 quarter at -22.63%.
Average
-0.70%
Median
2.57%
Minimum
-42.17%
Maximum
15.28%
Discovering the peaks and valleys of Abrdn Asia-Pacific Income Fund Inc ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 39.68%
Maximum Annual ROE = 15.28%
Minimum Annual Increase = -3096.34%
Minimum Annual ROE = -42.17%
| Year | ROE | Change |
|---|---|---|
| 2024 | 15.28% | 39.68% |
| 2023 | 10.94% | -125.93% |
| 2022 | -42.17% | -3096.34% |
| 2021 | 1.41% | -36.26% |
| 2020 | 2.21% | -83.56% |
| 2019 | 13.43% | -243.18% |
| 2018 | -9.38% | -419.74% |
| 2017 | 2.93% | -68.50% |
| 2016 | 9.31% | -184.99% |
| 2015 | -10.96% | -867.02% |
The current ROE of Abrdn Asia-Pacific Income Fund Inc (FAX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-5.32%
5-year avg
-2.47%
10-year avg
-0.70%
Abrdn Asia-Pacific Income Fund Inc’s ROE is greater than RiverPark Strategic Income Fund Retail Class (0%), less than BlackRock Multi-Sector Income Trust (8.59%), less than BlackRock Enhanced Global Dividend Trust (9.72%), less than Western Asset Emerging Markets Debt Fund Inc. (12.95%), less than Brookfield Real Assets Income Fund Inc. (9.54%), less than Thornburg Income Builder Opportunities Trust (20.24%), less than BlackRock Limited Duration Income Trust (12.35%), less than Invesco Senior Income Trust (6.67%), less than Invesco Value Municipal Income Trust (3.41%), less than Invesco Municipal Opportunity Trust (3.24%),
| Company | ROE | Market cap |
|---|---|---|
| 0% | $618.83M | |
| 8.59% | $581.30M | |
| 9.72% | $649.41M | |
| 12.95% | $623.65M | |
| 9.54% | $728.81M | |
| 20.24% | $638.11M | |
| 12.35% | $532.54M | |
| 6.67% | $506.35M | |
| 3.41% | $591.18M | |
| 3.24% | $648.10M |
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