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abrdn Asia-Pacific Income Fund VCC T.FAP

Alternate Symbol(s):  ABAKF

abrdn Asia-Pacific Income Fund VCC is a Singapore-based closed-end investment company. The investment objective of the Company is to obtain current income and achieve incidental capital appreciation from investment in long-term debt securities. The Company seeks to obtain these objectives primarily from investment in long-term debt securities. The Company also invests up to 100% of its total assets in Asia-Pacific debt securities. The Company’s investment portfolio is present in countries which include India, Indonesia, China, Australia, Malaysia, Pakistan, United Kingdom, Mexico, Ukraine, Thailand, United Arab Emirates, Uruguay, Egypt, Bahrain, South Africa, Nigeria, Brazil, Philippines, Mongolia, Kuwait, United States and Oman, among others. The investment manager of the Company is abrdn Asia Limited.


TSX:FAP - Post by User

Post by Daninvestoron May 10, 2019 10:58pm
298 Views
Post# 29737001

Distribution drop from 3.25 to 2.25 cents

Distribution drop from 3.25 to 2.25 cents Wow... I'm still holding a fair amount of Aberdeen Asia Pacific and the monthly payment does help a lot.  A drop of 1.0 cent per month is going to hurt for sure.  It wasn't that long (it seems) that the disribution was 4.0 cents/ per share; then dropped to 3.25 cents; now down to 2.25 cents. 

Let's hope that it doesn't drop any further for a long time. 

It will be interesting to see during the next number of trading days if a lot of investors decide to bail out of this stock. GLTA
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