34,330 Shares in Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) Acquired by Landscape Capital Management L.L.C.

Posted by Lindsey Winhoffer on Apr 7th, 2025

Landscape Capital Management L.L.C. purchased a new stake in Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 34,330 shares of the investment management company’s stock, valued at approximately $505,000.

Several other institutional investors and hedge funds also recently made changes to their positions in FAX. Golden State Wealth Management LLC acquired a new position in shares of Abrdn Asia-Pacific Income Fund during the 4th quarter worth approximately $37,000. Wilmington Savings Fund Society FSB bought a new stake in Abrdn Asia-Pacific Income Fund during the third quarter worth $55,000. Calamos Advisors LLC acquired a new stake in Abrdn Asia-Pacific Income Fund in the fourth quarter valued at $162,000. Apollon Wealth Management LLC bought a new position in shares of Abrdn Asia-Pacific Income Fund in the 4th quarter valued at about $170,000. Finally, Mezzasalma Advisors LLC acquired a new position in shares of Abrdn Asia-Pacific Income Fund during the 4th quarter worth about $361,000. Institutional investors and hedge funds own 33.55% of the company’s stock.

Abrdn Asia-Pacific Income Fund Trading Down 3.9 %

FAX opened at $15.11 on Monday. The firm has a fifty day simple moving average of $15.57. Abrdn Asia-Pacific Income Fund Inc has a 1-year low of $14.56 and a 1-year high of $17.55.

Abrdn Asia-Pacific Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, March 31st. Shareholders of record on Tuesday, March 25th were given a dividend of $0.165 per share. This represents a $1.98 annualized dividend and a yield of 13.10%. The ex-dividend date was Tuesday, March 25th.

Abrdn Asia-Pacific Income Fund Profile

(Free Report)

Abrdn Asia-Pacific Income Fund Inc is a close ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets of Asia, Australia, and New Zeland.