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Stock impact report

FAX: Not As Attractive As It Was, But Don't Ignore It [Seeking Alpha]

Aberdeen Asia-Pacific Income Fund Inc (FAX) 
NASDAQ:AMEX Investor Relations: aberdeenfax.com
Company Research Source: Seeking Alpha
FAX's distribution is partly return of capital, offering tax advantages, but recent periods show the fund failed to fully cover payouts from investment income. The fund's diversified portfolio, strong exposure to foreign currency bonds, and limited U.S. exposure provide potential gains if the dollar weakens. Currently trading at a 6.29% discount to NAV, FAX is attractive versus peers but less so than its historical average; investors should monitor NAV stability. Looking for a helping hand in the market? Members of Energy Profits in Dividends get exclusive ideas and guidance to navigate any climate. Learn More » Richard Drury/DigitalVision via Getty Images The abrdn Asia-Pacific Income Fund Inc ( NYSE: FAX ) is a rather interesting closed-end fund, or CEF, that many investors may wish to consider purchasing as a potential source of income. This fund has historically been one of More on my IG service At Energy Profits in Dividends, we seek to generate a 7%+ income yield Show less Read more
Impact Snapshot
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Event day
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Time And Velocity Analysis
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