FAX Stock Recent News

Aberdeen Asia-Pacific Income Fund, Inc. primarily invests in Asian bonds to fund its high distribution yield. The FAX closed-end fund currently pays a $0.275/month distribution for a 12.0% forward yield.

FAX pays monthly dividends and generates an annual yield in the range of 7 to 10 percent. Average yield during the past 5 years was close to 10 percent. FAX's portfolio is comparatively less risky, due to its diversification, lower volatility, and investing in growing, large, less risky, and credible economies.

FAX is a closed-end fund focused on emerging markets' fixed income. The vehicle is down -25% YTD, but more worryingly exposes a deeply negative decade-long total return.