ABRDN AUSTRALIA EQUITY FUND (IAF) Stock Price, Forecast & Analysis

Can you describe the business of ABRDN AUSTRALIA EQUITY FUND?

abrdn Australia Equity Fund, Inc is a US-based company operating in industry. The company is headquartered in Philadelphia, Pennsylvania. abrdn Australia Equity Fund, Inc. (Fund) is a non-diversified, closed-end management investment company. The Fund's principal investment objective is long-term capital appreciation through investment primarily in equity securities of Australian companies listed on the Australian Stock Exchange Limited (ASX). Its secondary objective is current income, which is expected to be derived primarily from dividends and interest on Australian corporate and governmental securities. The Fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities, consisting of common stock, preferred stock and convertible stock, of Australian companies. The company invests in various sectors, such as financials, materials, healthcare, utilities, energy, real estate, consumer discretionary, industrials, information technology, and communication services. The Fund’s investment manager is abrdn Asia Limited.

What is the stock price of ABRDN AUSTRALIA EQUITY FUND today?

The current stock price of IAF is 12.66 USD. The price increased by 1.12% in the last trading session.

What is the ChartMill technical and fundamental rating of IAF stock?

IAF has a ChartMill Technical rating of 0 out of 10.You can find more details on the Technical Analysis and Fundamental Analysis tabs.