abrdn Asia-Pacific Income Fund (NYSEAMERICAN:FAX) Sets New 12-Month Low – Here’s What Happened

Posted by Francis Steltz on Jun 11th, 2026

abrdn Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $14.18 and last traded at $14.1790, with a volume of 98745 shares. The stock had previously closed at $14.25.

abrdn Asia-Pacific Income Fund Price Performance

The business has a 50-day moving average of $14.74 and a 200-day moving average of $15.19.

abrdn Asia-Pacific Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd will be given a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, June 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 13.8%.

Institutional Trading of abrdn Asia-Pacific Income Fund

A number of large investors have recently made changes to their positions in FAX. Evergreen Capital Management LLC raised its stake in abrdn Asia-Pacific Income Fund by 3.8% during the 4th quarter. Evergreen Capital Management LLC now owns 896,662 shares of the investment management company’s stock valued at $13,900,000 after acquiring an additional 33,158 shares during the last quarter. Royal Bank of Canada raised its stake in abrdn Asia-Pacific Income Fund by 8.0% during the 1st quarter. Royal Bank of Canada now owns 701,399 shares of the investment management company’s stock valued at $10,114,000 after acquiring an additional 51,803 shares during the last quarter. EP Wealth Advisors LLC purchased a new stake in abrdn Asia-Pacific Income Fund during the 4th quarter valued at approximately $8,659,000. Invesco Ltd. raised its stake in abrdn Asia-Pacific Income Fund by 20.5% during the 4th quarter. Invesco Ltd. now owns 493,021 shares of the investment management company’s stock valued at $7,563,000 after acquiring an additional 83,892 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in abrdn Asia-Pacific Income Fund by 3.7% during the 1st quarter. Cetera Investment Advisers now owns 241,711 shares of the investment management company’s stock valued at $3,485,000 after acquiring an additional 8,650 shares during the last quarter. 33.55% of the stock is owned by institutional investors and hedge funds.

abrdn Asia-Pacific Income Fund Company Profile

(Get Free Report)

The abrdn Asia-Pacific Income Fund is a closed-end management investment company listed on the NYSE American under the ticker FAX. The fund seeks to provide total return by focusing primarily on current income and secondarily on capital appreciation through a diversified portfolio of Asia-Pacific securities.

Its investment portfolio is concentrated in dividend-paying equity securities of companies domiciled or operating in the Asia-Pacific region, excluding Japan. The fund may invest in common stocks, real estate investment trusts (REITs), depositary receipts, convertible securities and derivatives.