FAX: Modest Rebound In Performance But Still An Avoid [Seeking Alpha]
abrdn Asia-Pacific Income Fund, Inc. (FAX)
NASDAQ:AMEX Investor Relations:
aberdeenfax.com
Company Research
Source: Seeking Alpha
Play 9min Summary The abrdn Asia-Pacific Income Fund Inc saw a share price jump due to a 1-for-6 reverse stock split, not improved performance. FAX's recent returns have been modest, benefiting from easing global interest rates, but the long-term sustainability of its distribution remains a question. I recommend investors avoid FAX and consider North American investment-grade bonds for safer and more reliable yields. imaginima It has been a while since I last analyzed the abrdn Asia-Pacific Income Fund Inc ( NYSE: FAX ), so I was quite surprised when I recently came across the ticker and the share price had jumped to almost $17 / share. From This article was written by Macrotips Trading 5.31K Follower s Follow Author of the Macro Trends & Inflection Points Newsletter. I spent 5 years as a co-founder and hedge fund CIO / manager. Before that, I was a hedge fund analyst/portfolio manager at a leading Canadian alternative asset manager. I write articles as part o
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FAX
News
- 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
- CEF Weekly Review: Reverse Splits Are Never A Good Sign [Seeking Alpha]Seeking Alpha
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