Aberdeen Asia-Pacific Income Fund, Inc. Announces Monthly Distribution, Payable on March 31, 2020
March 11, 2020 at 01:53 am IST
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Aberdeen Asia-Pacific Income Fund, Inc. announced that it will pay on March 31, 2020, a distribution of $0.0275 per share to all shareholders of record as of March 20, 2020 (ex-dividend date March 19, 2020). The Fund has reduced its monthly distribution from $0.035 per share to $0.0275 per share, commencing with the distribution payable on April 30, 2019.
abrdn Asia-Pacific Income Fund, Inc. (the Fund) is a closed-end, non-diversified investment management company. The Fund's principal investment objective is to seek current income. The Fund aims to provide monthly income by investing primarily in locally researched Asian and Australian debt securities. The Fund invests at least 80% of its assets, plus the amount of any borrowings for investment purposes in Asia-Pacific debt securities, which includes debt securities of Asia-Pacific Country issuers, including securities issued by Asia-Pacific Country governmental entities, as well as by banks, companies and other entities which are located in Asia-Pacific Countries, and debt securities issued by a wholly owned subsidiary of an entity located in an Asia-Pacific Country, provided that the debt securities are guaranteed by the parent entity located in the Asia-Pacific Country. The Fund's investment manager is abrdn Asia Limited.
ABRDN ASIA-PACIFIC INCOME FUND INC 
