Abrdn Australia Equity Fund Inc (IAF)
| Market Value | 111.53M |
| Revenue (ttm) | 4.64M |
| Net Income (ttm) | 4.32M |
| Shares Out | 26.62M |
| EPS (ttm) | 0.16 |
| PE Ratio | 25.84 |
| Forward PE | n/a |
| Dividend | $0.49 (11.74%) |
| Ex-Dividend Date | Nov 21, 2024 |
| Volume | 116,537 |
| Open | 4.140 |
| Previous Close | 4.160 |
| Day's Range | 4.050 - 4.190 |
| 52-Week Range | 3.950 - 4.750 |
| Beta | 1.13 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About IAF
Abrdn Australia Equity Fund Inc is a closed ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund is managed by Aberdeen Standard Investments Australia Limited. It invests in the public equity markets of Australia. The fund makes its investments in firms operating across diversified sectors. It employs fundamental analysis with a bottom-up and top-down stock picking approach with focus on factors like growth prospects, competitive positions in domestic and export markets, technology, research an... [Read more]
News
IAF: Good Run In 2024 So Far, But Gains Could Be Capped From Here
IAF has outperformed its EAFE benchmark by 800bps over the past 6 months, generating returns of over 24% in total. Recently revised inflation expectations, and the higher-for-longer rate stance is not...
iA Financial Corporation Inc. (IAFNF) Q1 2024 Earnings Call Transcript
iA Financial Corporation Inc. (OTCPK:IAFNF) Q1 2024 Earnings Conference Call May 9, 2024 11:30 AM ET Company Participants Marie-Annick Bonneau - Head, Investor Relations Denis Ricard - President & Chi...
IAF: I Like Australian Equities, But This Isn't The Fund To Invest In Them
IAF: I Like Australian Equities, But This Isn't The Fund To Invest In Them
CORRECTION: abrdn U.S. Closed-End Funds Announce Distribution Payment Details
This release provides an update to the performance tables regarding the IAF Estimated Amounts of Current Distribution per Share and Estimated Amounts of Fiscal Year to Date Cumulative Distributions pe...
IAF: Sell Australian Shares On Rallies In 2024, Australia May Still Fall Into Recession
The abrdn Australia Equity Fund Inc is a closed-end fund that invests in Australian companies listed on the Australian Stock Exchange. IAF aims to achieve long-term capital appreciation and deliver re...
iA Financial Corporation, Inc. (IAFNF) Q3 2023 Earnings Call Transcript
iA Financial Corporation, Inc. (OTCPK:IAFNF) Q3 2023 Results Conference Call November 8, 2023 10:00 AM ET Company Participants Marie-Annick Bonneau - Head of Investor Relations Denis Ricard - Presiden...
IAF: Risk/Reward Skews Negative For This Australian Fund
Australian markets remain pressured by one of the harshest monetary tightening cycles in recent decades. Sticky inflation, despite a worsening consumer backdrop, means the RBA may be forced to extend ...
IAF: Unfavorable Risk/Reward Under The Extended Australian Tightening Cycle
Despite its high expense ratio, the actively managed abrdn Australia Equity Fund continues to underperform. With persistent inflation also set to extend the monetary tightening cycle, equity valuation...
iA Financial Corporation Inc. (IAFNF) Q1 2023 Earnings Call Transcript
iA Financial Corporation Inc. (OTCPK:IAFNF) Q1 2023 Earnings Conference Call May 10, 2023 11:00 AM ET Company Participants Marie-Annick Bonneau - Head, Investor Relations Denis Ricard - President and ...
iA Financial Corporation Inc. (IAFNF) Q4 2022 Earnings Call Transcript
iA Financial Corporation Inc. (OTCPK:IAFNF) Q4 2022 Earnings Conference Call February 15, 2023 11:00 AM ET Company Participants Marie-Annick Bonneau - Head of Investor Relations Denis Ricard - Preside...
IAF: 10% Yield From A Leading Australian Equities CEF
IAF invests across Australian stocks. The fund has managed to outperform its benchmark historically while gaining momentum in recent months.
iA Financial Corporation Inc. (IAFNF) Q3 2022 Earnings Call Transcript
iA Financial Corporation Inc. (OTCPK:IAFNF) Q3 2022 Earnings Conference Call November 9, 2022 2:00 PM ET Company Participants Marie-Annick Bonneau - Head, Investor Relations Denis Ricard - President a...
Aberdeen Australia Equity Fund: Watch The Housing Market
IAF's P/E has contracted to more appealing levels of 16x vs 24x a year ago. Conditions in the Australian housing markets have begun to turn.
iA Financial Corporation Inc. (IAFNF) CEO Denis Ricard on Q2 2022 Results - Earnings Call Transcript
iA Financial Corporation Inc. (OTCPK:IAFNF) Q2 2022 Earnings Conference Call July 28, 2022 2:00 PM ET Company Participants Marie-Annick Bonneau - Head, Investor Relations Denis Ricard - President and ...
Certain abrdn U.S. Closed-end Funds Announce Name Changes
PHILADELPHIA, PA / ACCESSWIRE / June 10, 2022 / The following abrdn U.S. Closed-End Funds (collectively, the "Funds") announced today that the Funds' respective boards have approved a name change for ...
Aberdeen Australia Equity Fund: Key Themes To Consider
Consumer confidence numbers have been adversely affected by the spike in cases.
Flash Australia PMI Signals Economy In Contraction Amid Widespread Lockdowns
Delta variant outbreak hits Australian economy. Divergence in employment conditions seen between manufacturing and services.
Australia-China Trade Tensions: The Great Escape?
China-Australia trade tensions have escalated significantly in 2020-21, with Australian exports of goods having been impacted by an increasing array of trade policy actions by China. Even during 2019,...
Aberdeen Standard Investments Inc. Announces Director Appointment and Director Resignation for US Funds
PHILADELPHIA, PA / ACCESSWIRE / June 23, 2021 / Aberdeen Standard Investments Inc.: ABERDEEN ASIA-PACIFIC INCOME FUND, INC. (NYSE AMERICAN:FAX) ABERDEEN AUSTRALIA EQUITY FUND, INC.
Flash Australia PMI Price Gauges Hit New Highs As Economy Continues To Revive
Flash Australia composite PMI eases from record high but remains elevated. Jobs growth surges to survey record.
Aberdeen Australia Equity Fund, Inc. Announces Results Of Annual Meeting Of Shareholders And Changes To Board Of Directors
PHILADELPHIA, April 29, 2021 /PRNewswire/ -- Aberdeen Australia Equity Fund, Inc. (the "Fund") (NYSE American: IAF) held its Annual Meeting of Shareholders (the "Meeting") on April 29, 2021. At the Me...
Australian Economy Rebounds In Early 2021
The Australian economy has rebounded in early 2021 from the impact of the COVID-19 pandemic restrictive measures that hit domestic demand during 2020. Australian GDP growth in the fourth quarter of 20...
Australian Stock Market Set To Go On A Tear
Australian Stock Market Set To Go On A Tear