FAX: With The China Stress Behind Us, Asian Debt Looks Attractive [Seeking Alpha]
abrdn Asia-Pacific Income Fund, Inc. (FAX)
NASDAQ:AMEX Investor Relations:
aberdeenfax.com
Company Research
Source: Seeking Alpha
Despite its stated distribution yield of 12%, investors are actually receiving a true yield of roughly 7% due to the return of capital. With China's economy improving and the expectation of a weaker dollar in 2025, FAX is an attractive cyclical play. FAX is trading with a wide -13% discount to net asset value, towards the bottom of its historic range. Thesis We last wrote an article regarding the abrdn Asia-Pacific Income Fund ( NYSE: FAX ) closed-end fund roughly two years back, article entitled ' FAX: Just Get Out And Don't Look Back '. The CEF experienced a massive -15% drawdown after our Recommended For You
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FAX
Sec Filings
- 4/12/24 - Form 3
- 4/8/24 - Form DEF
- 3/25/24 - Form NPORT-P
- FAX's page on the SEC website