Abrdn Asia-Pacific Income Fund Inc Reports Earnings Results for the Half Year Ended April 30, 2023
July 10, 2023 at 02:11 pm EDT
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Abrdn Asia-Pacific Income Fund Inc reported earnings results for the half year ended April 30, 2023. For the half year, the company reported revenue was USD 34.78 million. Net income was USD 116.89 million.
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 
