FAX: Fixed-Income Fund With Primary Exposure To Asia-Pacific Region [Seeking Alpha]
Aberdeen Asia-Pacific Income Fund Inc (FAX)
NASDAQ:AMEX Investor Relations:
aberdeenfax.com
Company Research
Source: Seeking Alpha
FAX's 12.77% distribution yield is enticing, yet coverage is weak—only 36% from net investment income, risking NAV erosion if capital gains fall short. The potential FCO merger is immaterial to FAX's scale, but it is also not guaranteed; FCO holders may prefer liquidation at NAV over receiving FAX shares at a discount. Portfolio risk is elevated due to heavy BBB-rated government debt and significant leverage, while expense ratios have risen, pressuring distribution sustainability. This idea was discussed in more depth with members of my private investing community, CEF/ETF Income Laboratory. Learn More » Richard Drury/DigitalVision via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist The last time we gave the abrdn Asia-Pacific Income Fund ( FAX ) a look, it was touching on the potential merger of abrdn Global Income More on my IG service At the CEF/ETF Income Laboratory , we manage closed-end fund ( CEF ) and exchange-traded fund (ETF) portfolio
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FAX
News
- Certain Aberdeen Investments U.S. Closed-End Funds Declare Distribution Dates and AmountsPR Newswire
- ABRDN GLOBAL INCOME FUND, INC. (FCO) ANNOUNCES RECORD DATE FOR SHAREHOLDER MEETING TO VOTE ON PROPOSED MERGER INTO ABRDN ASIA-PACIFIC INCOME FUND, INC. (FAX) [Yahoo! Finance]Yahoo! Finance
- ABRDN GLOBAL INCOME FUND, INC. (FCO) ANNOUNCES RECORD DATE FOR SHAREHOLDER MEETING TO VOTE ON PROPOSED MERGER INTO ABRDN ASIA-PACIFIC INCOME FUND, INC. (FAX)PR Newswire
- ABERDEEN INVESTMENTS U.S. CLOSED-END FUNDS ANNOUNCE DISTRIBUTION PAYMENT DETAILSPR Newswire
FAX
Sec Filings
- 1/14/26 - Form N-CEN
- 1/14/26 - Form SCHEDULE
- 1/8/26 - Form N-CSR
- FAX's page on the SEC website