abrdn Asia-Pacific Income Fund, Inc. $FAX Shares Purchased by Easterly Investment Partners LLC

Easterly Investment Partners LLC increased its holdings in shares of abrdn Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) by 161.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 81,739 shares of the investment management company’s stock after acquiring an additional 50,500 shares during the period. Easterly Investment Partners LLC’s holdings in abrdn Asia-Pacific Income Fund were worth $1,301,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of FAX. Golden State Wealth Management LLC grew its holdings in abrdn Asia-Pacific Income Fund by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 5,000 shares of the investment management company’s stock valued at $78,000 after purchasing an additional 2,500 shares during the last quarter. Leigh Baldwin & CO. LLC acquired a new stake in abrdn Asia-Pacific Income Fund in the first quarter valued at $160,000. Jane Street Group LLC acquired a new stake in abrdn Asia-Pacific Income Fund in the first quarter valued at $170,000. Clear Creek Financial Management LLC acquired a new stake in abrdn Asia-Pacific Income Fund in the first quarter valued at $197,000. Finally, Apollon Wealth Management LLC grew its holdings in abrdn Asia-Pacific Income Fund by 24.0% in the first quarter. Apollon Wealth Management LLC now owns 14,295 shares of the investment management company’s stock valued at $224,000 after purchasing an additional 2,768 shares during the last quarter. Institutional investors and hedge funds own 33.55% of the company’s stock.

abrdn Asia-Pacific Income Fund Price Performance

abrdn Asia-Pacific Income Fund stock opened at $15.25 on Friday. abrdn Asia-Pacific Income Fund, Inc. has a fifty-two week low of $13.99 and a fifty-two week high of $17.02. The stock’s fifty day moving average is $16.26 and its two-hundred day moving average is $15.86.

abrdn Asia-Pacific Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Friday, October 24th will be issued a $0.165 dividend. The ex-dividend date of this dividend is Friday, October 24th. This represents a c) annualized dividend and a yield of 13.0%.

About abrdn Asia-Pacific Income Fund

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.