PFG Investments LLC Increases Stock Holdings in Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX)

PFG Investments LLC boosted its stake in Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAXFree Report) by 2.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 54,815 shares of the investment management company’s stock after acquiring an additional 1,137 shares during the period. PFG Investments LLC’s holdings in Abrdn Asia-Pacific Income Fund were worth $807,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in FAX. Sanctuary Advisors LLC bought a new stake in shares of Abrdn Asia-Pacific Income Fund during the 2nd quarter valued at $142,000. Shaker Financial Services LLC bought a new stake in shares of Abrdn Asia-Pacific Income Fund during the 3rd quarter valued at $516,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Abrdn Asia-Pacific Income Fund by 34.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 38,592 shares of the investment management company’s stock valued at $103,000 after buying an additional 9,885 shares in the last quarter. Creekside Partners bought a new stake in shares of Abrdn Asia-Pacific Income Fund during the 2nd quarter valued at $154,000. Finally, Benjamin Edwards Inc. bought a new stake in shares of Abrdn Asia-Pacific Income Fund during the 3rd quarter valued at $1,398,000. Institutional investors own 33.55% of the company’s stock.

Abrdn Asia-Pacific Income Fund Stock Down 0.3 %

Shares of FAX stock opened at $15.42 on Wednesday. Abrdn Asia-Pacific Income Fund Inc has a 12 month low of $14.56 and a 12 month high of $17.55.

Abrdn Asia-Pacific Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 24th will be given a $0.165 dividend. This represents a $1.98 annualized dividend and a dividend yield of 12.84%. The ex-dividend date of this dividend is Friday, January 24th.

Abrdn Asia-Pacific Income Fund Company Profile

(Free Report)

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.

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

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