CEF Weekly Review: Reverse Splits Are Never A Good Sign [Seeking Alpha]
abrdn Asia-Pacific Income Fund, Inc. (FAX)
NASDAQ:AMEX Investor Relations:
aberdeenfax.com
Company Research
Source: Seeking Alpha
Follow Summary We review the CEF market valuation and performance through the fourth week of August and highlight recent market action. CEFs had a strong week, with most sectors finishing in the green, supported by lower Treasury yields. PIMCO Muni CEF coverage has increased - an expected outcome of its ARPS retirement. However, the size of the boost looks overdone. Nuveen's NRK shareholders did not approve Karpus' proposed nominees, JPI hiked its distribution to match JPC, and FAX is doing a 1:6 reverse stock split. I do much more than just articles at Systematic Income: Members get access to model portfolios, regular updates, a chat room, and more. Learn More » Adam Smigielski Welcome to another installment of our CEF Market Weekly Review, where we discuss closed-end fund ("CEF") market activity from both the bottom-up - highlighting individual fund news and events - as well as the top-down - providing an overview of the broader market. We also try to provide some h
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High impacting abrdn Asia-Pacific Income Fund, Inc. news events
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FAX
News
- FAX: Modest Rebound In Performance But Still An Avoid [Seeking Alpha]Seeking Alpha
- abrdn Asia-Pacific Income Fund, Inc. (FAX) Announces Issuance Of Series B Mandatory Redeemable Preferred Shares [Yahoo! Finance]Yahoo! Finance
- KBRA Assigns a Rating to Series B Mandatory Redeemable Preferred Shares and Affirms Ratings of the Senior Notes Issued by abrdn Asia-Pacific Income Fund, Inc. (FAX)Business Wire
- abrdn Asia-Pacific Income Fund, Inc. (FAX) Announces Issuance Of Series B Mandatory Redeemable Preferred SharesAccesswire
FAX
Sec Filings
- 11/7/24 - Form SC
- 10/3/24 - Form 8-K
- 10/3/24 - Form 3
- FAX's page on the SEC website