We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Abrdn Asian Income Fund Limited | LSE:AAIF | London | Ordinary Share | GB00B0P6J834 | ORD NPV |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 216.00 | 0.00 | 00:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 215.00 | 216.00 | ||||
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Mgmt Invt Offices, Open-end | 16.3M | 8.74M | 0.0538 | 39.96 | 351.07M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 216.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 19/3/2025 | 17:10 | UK RNS | abrdn Asian Income Fund Limited Transaction in Own Shares |
| 19/3/2025 | 13:11 | UK RNS | abrdn Asian Income Fund Limited Net Asset Value(s) |
| 18/3/2025 | 17:15 | UK RNS | abrdn Asian Income Fund Limited Transaction in Own Shares |
| 18/3/2025 | 12:14 | UK RNS | abrdn Asian Income Fund Limited Net Asset Value(s) |
| 17/3/2025 | 14:41 | UK RNS | abrdn Asian Income Fund Limited Gearing disclosure |
| 17/3/2025 | 12:25 | UK RNS | abrdn Asian Income Fund Limited Net Asset Value(s) |
| 14/3/2025 | 17:19 | UK RNS | abrdn Asian Income Fund Limited Transaction in Own Shares |
| 14/3/2025 | 12:44 | UK RNS | abrdn Asian Income Fund Limited Net Asset Value(s) |
| 13/3/2025 | 12:21 | UK RNS | abrdn Asian Income Fund Limited Net Asset Value(s) |
| 12/3/2025 | 17:11 | UK RNS | abrdn Asian Income Fund Limited Transaction in Own Shares |
Abrdn Asian Income (AAIF) Share Charts1 Year Abrdn Asian Income Chart |
|
1 Month Abrdn Asian Income Chart |
Intraday Abrdn Asian Income Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 10/3/2025 | 13:12 | Aberdeen Asian Income Fund | 372 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2025-03-19 17:10:32 | 216.00 | 22,252 | 48,064.32 | O |
| 2025-03-19 16:55:42 | 214.30 | 13,500 | 28,930.70 | O |
| 2025-03-19 16:35:27 | 216.00 | 160 | 345.60 | UT |
| 2025-03-19 16:29:51 | 215.00 | 390 | 838.50 | AT |
| 2025-03-19 15:47:18 | 216.00 | 380,000 | 820,800.00 | O |
| Top Posts |
|---|
Posted at 16/1/2025 15:20 by nk104 Personally I don't like this. The attraction of AAIF was the predictable yield.If it moves to a fixed amount of assets per quarter is it sustainable or will it end up eating its own tail? I suspect the latter. |
Posted at 16/1/2025 14:36 by aurelius5 The USP of income ITs is their ability to use reserves to provide steady income in bear markets. When they transition to this model they destroy their key advantage. Why continue to invest in AAIF when an open-ended fund or a much cheaper ETF is now likely to do a similar job? |
Posted at 16/1/2025 08:48 by davebowler abrdn Asian Income Fund (AAIF.LN) has announced an enhanced dividend policy, the introduction of a continuation vote and its final dividend declaration. In detail: An enhanced annual dividend policy of 6.25% of average net asset value ("NAV"), equating to a notional dividend yield of 7.1% based on share price (applies from the start of the 2025 financial year);Introduction of a continuation vote every three years; andA dividend for the fourth quarter of 2024 of 6.78 pence per Ordinary share, resulting in a full year dividend of 14.43 pence per share, an increase of 22.8% compared to the previous year.  |
Posted at 14/11/2024 13:03 by davebowler htTPs://www.abrdn.co |
Posted at 24/10/2024 10:33 by davebowler Fund managers’ reportMarket and portfolio review Asian markets posted decent returns in September, supported by the start of the US Federal Reserve’s (Fed) policy easing cycle but with most of the gains occurring in the last few trading days of the month, largely driven by a sharp rally in China. The Fed cut its policy rates on 18 September, opening a window for the People’s Bank of China (PBOC) to implement a more aggressive and coordinated monetary policy combination, including rate cuts and lending facilities for equity purchases and buybacks. This was reinforced by a Politburo meeting on 26 September following which we saw a loosening of housing policies. Stocks in Thailand also outperformed the region as the government initiated some economic stimulus policies. In India, the market was flat and underperformed despite the World Bank raising its full-year GDP forecast for the country. Taiwan also ended the month flat while the Korean market was one of the few across the region to remain in negative territory, continuing its volatile trend this year. In corporate news from our holdings, China’s Autohome announced that it has decided to pursue a US$200 million (£150 million) share repurchase programme over the next 12 months. Together with annual dividends, it brings Autohome’s annual shareholder return up to a decent 13.7%. In terms of portfolio activity in September, we initiated a new position in China Construction Bank (CCB) the second-largest state-owned enterprise (SOE) bank in China, with a strong and stable retail deposit base and low funding costs. Its retail book is heavily weighted to lower-risk mortgages with some skew towards infrastructure loans. Within state-owned banks, CCB has its advantages in retail deposit and mortgages. Along with prudent management, CCB continues to stand out as a relatively better player. Conversely, we exited our holding in Auckland International Airport in view of better opportunities elsewhere. Outlook As we head into the final months of 2024, we’ve seen stocks across Asia rebound on the back of the Fed’s rate cut and China’s fresh stimulus. The question now is whether the Chinese authorities follow through with fiscal measures aimed at boosting the demand side and reviving consumer sentiment and consumption. Other key areas of focus would include rising geopolitical risks in the Middle East, where Iran’s missile strike has increased the risk of a broader escalation, with direct conflict between Iran and Israel now more likely. Oil prices have spiked in response to the fragile and rapidly evolving situation, and we are monitoring developments closely. In the US, it remains a tight race between Donald Trump and Kamala Harris in the run-up to the 5 November presidential election, with the outcome bringing implications around trade, tariffs and foreign policy to Asia. Returning to Asia, India continues to be a bright spot given the positive macro backdrop. Valuations remain full, but we continue to see opportunities from a selective bottom-up approach in high quality companies benefitting from structural tailwinds. We are also positive about the longer-term outlook of the technology sector, albeit sentiment across the tech supply chain has weakened because of concerns about the risk of a US recession and weakness in the smartphone and PC segments. Longer term, we see structural growth in generative artificial intelligence (AI), which might mean multi-year structural demand for data centre content and infrastructure upgrades, boding well for the advanced semiconductor sector. We continue to believe that Asia remains home to some of the highest quality and most dynamic companies in the world. The region continues to offer rich pickings, underpinned by long-term structural growth trends such as the rising middle classes, rapid adoption of emerging technologies and continued urbanisation, enabling bottom-up stock pickers like us to deliver sustainable returns over the long term. We have continued to tighten the quality characteristics of our portfolio, introducing and adding to names with greater near-term earnings visibility and steady cash flow generation, while actively reducing and exiting names where earnings are less visible. More broadly, we maintain our conviction in our holdings and their ability to navigate the various crosswinds buffeting markets, given their quality and fundamentals, which we believe will deliver good dividends for shareholders over the long run. |
Posted at 23/9/2024 09:12 by davebowler Fund managers’ reportMarket and portfolio review Asian equities closed flat in August in sterling terms following a volatile start to the month. Global markets fell sharply following the US Federal Reserve’s decision to keep rates unchanged, triggering recession concerns, and an unwinding of yen carry trades after the Bank of Japan’s rate increase and a sharp rise in the yen. Subsequently, however, markets rebounded thanks to more reassuring economic news in the US and growing hopes of a soft landing for its economy, while most Asian currencies rose against the US dollar. Across the region, Southeast Asia outpaced North Asia and India. Indonesia, one of the most rate-sensitive stock markets in Asia, was boosted by rising expectations of Fed policy easing, while Thai stocks rose on better-thanexpected GDP growth. In North Asia, stocks in Hong Kong outperformed their peers in mainland China, as more resilient earnings lifted internet names and high-yielding stocks drew interest. The gains in mainland China were more modest following mixed economic data. Meanwhile, the market in Korea was a key laggard as memory stocks were weighed down partially by concerns over Nvidia’s revenue guidance. Indian stocks also underperformed on the back of soft quarterly earnings and GDP growth that reached its lowest in five quarters. There were positive reports from a number of our holdings in August, especially in the financial sector. Hong Kong-based insurer AIA announced positive interim figures which showed the business remains strong, with good momentum in its key Chinese market. The company set itself a new operating profit after tax target over three years and the interim dividend was raised by 5% with a further US$2 billion (£1.53 billion) allocated to its share buyback scheme. Second-quarter results from Singapore banking group DBS were again easily the best out of the country’s three main banks. The performance was driven by a stable net interest margin, strong fees and resilient asset quality. The dividend was maintained and the outlook for the group was positive with expectations of mid-to-high single digit full-year profit growth. CEO Piyush Gupta announced that he will be retiring and DBS’ head of institutional banking, Tan Su Shan, will take over. She’s already proven to be competent, and we don’t anticipate any significant change in strategy in the short term. Meanwhile in Australia, both Commonwealth Bank of Australia (CBA) and National Australia Bank (NAB) posted decent results. For CBA, the main positives were less pressure on profit margins and good growth in the balance sheet. NAB saw similar underlying trends with strong loan growth and an improving net interest margin. Also in Australia, mining giant BHP reported better-than-expected free cashflow for the year to June and announced an unchanged final dividend. Elsewhere, Chinese internet group Tencent reported second-quarter growth in online gaming revenue along with net profits which comfortably beat expectations. The latter was mainly due to a higher share of profits from associates, which is likely to include PDD, and lower taxes. Second-quarter net profit at Taiwan-based electronics manufacturer Accton Technology was ahead of consensus. The gross profit margin was slightly lower than expected but is forecast to improve in the second half of the year In terms of portfolio activity in August, we exited our holding in Keppel Infrastructure Trust in view of better opportunities elsewhere. Outlook September has historically been a difficult month for markets, and the first few days have borne that out. Technology stocks have turned volatile again, after a sharp drop in Nvidia’s share price and renewed concerns over AI-related stock valuations. Geopolitics simmer in the background, as it appears a dead heat for Donald Trump and Kamala Harris heading into the US presidential elections in November. At the same time, US rate cut expectations are rising, which is likely to support investor appetite in Asia as the US-Asia yield differential narrows. Market sentiment is likely to remain volatile over the short term against a still-uncertain backdrop, and we have continued to tighten the quality characteristics of our portfolio, introducing and adding to names with greater near-term earnings visibility and steady cash flow generation, while actively reducing and exiting names where earnings are less visible. More broadly, we maintain our conviction in our holdings and their ability to navigate the various crosswinds buffeting markets, given their quality and fundamentals, which we believe will deliver good dividends for shareholders over the long run. |
Posted at 14/5/2024 12:26 by essentialinvestor Dave, what I like about AAIF is the more significant NAV discount v SOI (similar portfolios) plus a nice and growing dividend.The cherry on top is their current large NAV accretive buy backs. |
Posted at 13/5/2024 15:06 by davebowler AASC is also giving a divi of 2.25% plus at 96p pays out in one year 100p and also gives the holder the right to convert into ord. AAS shares at 293p.The AAS share price is only 3% below that level currently, at 284p, and trades about 14% below its NAV of 332p. |
Posted at 10/5/2024 13:52 by essentialinvestor AAIF ooks outstanding value v SOI atm?. |
Posted at 17/1/2024 12:25 by gateside With the dividend increase and the fall in the share price today, AAIF now yields 6% |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
