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    Abrdn Australia Equity Fund Inc (IAF)

    Price:

    12.81 USD

    ( + 0.01 USD)

    Your position:

    0 USD

    ACTION PANEL
    CREATE A NOTE
    ABOUT
    Symbol
    IAF
    Name
    Abrdn Australia Equity Fund Inc
    Industry
    Asset Management
    Sector
    Financial Services
    Price
    12.810
    Market Cap
    118.228M
    Enterprise value
    127.476M
    Currency
    USD
    Ceo
    Martin James Gilbert
    Full Time Employees
    Ipo Date
    1985-12-16
    City
    Sydney
    Address
    Level 10

    Check the

    KEY TAKEAWAYS

    ASK OUR AI ABOUT THE COMPANY (REGISTER FOR EARLY ACCESS)
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    SIMILAR COMPANIES STI SCORE

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    State Street Corporation

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    10

    Symbol
    STT
    Market Cap
    35.629B
    Industry
    Asset Management
    Sector
    Financial Services

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    FS Credit Opportunities Corp.

    VALUE SCORE:

    13

    Symbol
    FSCO
    Market Cap
    1.235B
    Industry
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    Sector
    Financial Services

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    ClearBridge Energy Midstream Opportunity Fund Inc

    VALUE SCORE:

    15

    Symbol
    EMO
    Market Cap
    810.054M
    Industry
    Asset Management
    Sector
    Financial Services
    FUNDAMENTALS
    P/E
    7.505
    P/S
    15.157
    P/B
    0.907
    Debt/Equity
    0.074
    EV/FCF
    0
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    16.133
    Earnings yield
    0.133
    Debt/assets
    0.068
    FUNDAMENTALS
    Net debt/ebidta
    0.529
    Interest coverage
    0
    Research And Developement To Revenue
    0
    Intangile to total assets
    0
    Capex to operating cash flow
    0
    Capex to revenue
    0
    Capex to depreciation
    0
    Return on tangible assets
    0.112
    Debt to market cap
    0.081
    Piotroski Score
    4.000
    FUNDAMENTALS
    PEG
    -0.139
    P/CF
    0
    P/FCF
    0
    RoA %
    11.237
    RoIC %
    10.267
    Gross Profit Margin %
    44.152
    Quick Ratio
    283.410
    Current Ratio
    283.410
    Net Profit Margin %
    201.957
    Net-Net
    -0.801
    FUNDAMENTALS PER SHARE
    FCF per share
    0
    Revenue per share
    0.845
    Net income per share
    1.707
    Operating cash flow per share
    0
    Free cash flow per share
    0
    Cash per share
    0.253
    Book value per share
    14.122
    Tangible book value per share
    14.122
    Shareholders equity per share
    14.122
    Interest debt per share
    1.040
    TECHNICAL
    52 weeks high
    14.150
    52 weeks low
    10.050
    Current trading session High
    12.900
    Current trading session Low
    12.780
    DIVIDEND
    Dividend yield
    11.4%
    Payout ratio
    0.00%
    Years of div. Increase
    0
    Years of div.
    39.000
    Q-shift
    0
    Dividend per share
    1.460
    SIMILAR COMPANIES
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0.058377896%
    Payout Ratio
    0%
    P/E
    10.225
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0.062460568%
    Payout Ratio
    138.3374%
    P/E
    32.130
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0.14016172%
    Payout Ratio
    113.39794%
    P/E
    8.114
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0.08888401%
    Payout Ratio
    115.43032%
    P/E
    14.132
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.06838368%
    Payout Ratio
    68.69437699999999%
    P/E
    10.245
    DESCRIPTION

    Abrdn Australia Equity Fund Inc is a closed ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund is managed by Aberdeen Standard Investments Australia Limited. It invests in the public equity markets of Australia. The fund makes its investments in firms operating across diversified sectors. It employs fundamental analysis with a bottom-up and top-down stock picking approach with focus on factors like growth prospects, competitive positions in domestic and export markets, technology, research and development, productivity, labor and raw material costs, profit margins, return on investment, capital resources, quality of management, and government regulation to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P ASX 200 Accumulation Index. It also uses proprietary research to create its portfolio. The Aberdeen Australia Equity Fund Inc. was previously known as The First Australia Fund, Inc. Abrdn Australia Equity Fund Inc was formed in September 30, 1985 and is domiciled in the United States.

    NEWS
    https://images.financialmodelingprep.com/news/iaf-can-accomplish-similar-with-passive-ewa-20251124.jpg
    IAF: Can Accomplish Similar With Passive EWA

    seekingalpha.com

    2025-11-24 02:53:55

    abrdn Australia Equity offers exposure to Australian markets, with a focus on financials and basic materials, but charges a high expense ratio. IAF's portfolio closely resembles passive ETFs like EWA, making its nearly 2% fees hard to justify versus EWA's 0.5% expense ratio. Australian ETFs benefit from exposure to gold and copper, and stable banking margins amid uncertain rate path downwards.

    https://images.financialmodelingprep.com/news/aberdeen-investments-us-closedend-funds-announce-distribution-payment-details-20251111.jpg
    ABERDEEN INVESTMENTS U.S. CLOSED-END FUNDS ANNOUNCE DISTRIBUTION PAYMENT DETAILS

    prnewswire.com

    2025-11-11 16:17:00

    PHILADELPHIA , Nov. 11, 2025 /PRNewswire/ -- The following Aberdeen Investments U.S. Closed-End Funds (NYSE: ACP, AGD, AOD, ASGI, AWP, HQH, HQL, IFN, THQ, THW and NYSE American: FAX, FCO, IAF, VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on November 28, 2025 to all shareholders of record as of November 21, 2025 (ex-dividend date November 21, 2025). These dates apply to the Funds listed below with the exception of the abrdn Healthcare Investors (HQH), the abrdn Life Sciences Investors (HQL), the abrdn Australia Equity Fund, Inc. (IAF) and the India Fund, Inc. (IFN) which will pay on January 12, 2026, to all shareholders of record as of November 21, 2025 (ex-dividend date November 21, 2025).

    https://images.financialmodelingprep.com/news/abrdn-australia-equity-fund-inc-announces-details-of-upcoming-20251008.jpg
    ABRDN AUSTRALIA EQUITY FUND, INC. ANNOUNCES DETAILS OF UPCOMING 1-FOR-3 REVERSE STOCK SPLIT

    prnewswire.com

    2025-10-08 16:17:00

    PHILADELPHIA , Oct. 8, 2025 /PRNewswire/ -- abrdn Australia Equity Fund, Inc.  (NYSE American: IAF) (the "Fund"), a closed-end fund, announced today that the Fund's Board of Directors approved a 1-for-3 reverse stock split of the Fund's common stock. The Fund anticipates completing a 1-for-3 reverse stock split prior to the open of trading on the New York Stock Exchange (the "NYSE") on October 23, 2025.

    https://images.financialmodelingprep.com/news/aberdeen-investments-us-closedend-funds-announce-distribution-payment-details-20250930.jpg
    ABERDEEN INVESTMENTS U.S. CLOSED-END FUNDS ANNOUNCE DISTRIBUTION PAYMENT DETAILS

    prnewswire.com

    2025-09-30 17:10:00

    PHILADELPHIA , Sept. 30, 2025 /PRNewswire/ -- The Aberdeen Investments U.S. Closed-End Funds (NYSE: ASGI, HQH, HQL, IFN, THQ), (NYSE American: IAF)  (the "Funds" or individually the "Fund"), today announced that the Funds paid the distributions noted in the table below on September 30, 2025, on a per share basis to all shareholders of record as of September 23, 2025 (ex-dividend date September 23, 2025).

    https://images.financialmodelingprep.com/news/aberdeen-us-closedend-funds-announce-distribution-payment-details-20250331.jpg
    Aberdeen U.S. Closed-End Funds Announce Distribution Payment Details

    accessnewswire.com

    2025-03-31 16:27:00

    PHILADELPHIA, PA / ACCESS Newswire / March 31, 2025 / The Aberdeen U.S. Closed-End Funds (NYSE:ASGI, HQH, HQL, IFN, JEQ, THQ), (NYSE American:IAF) (the "Funds" or individually the "Fund"), today announced that the Funds paid the distributions noted in the table below on March 31, 2025, on a per share basis to all shareholders of record as of March 25, 2025 (ex-dividend date March 25, 2025). These dates apply to the Funds listed below with the exception of abrdn Healthcare Investors (HQH), abrdn Life Sciences Investors (HQL), abrdn Australia Equity Fund, Inc. (IAF), the India Fund Inc. (IFN) and abrdn Japan Equity Fund, Inc. (JEQ) which paid on March 31, 2025, to all shareholders of record as of February 21, 2025 (ex-dividend date February 21, 2025).

    https://images.financialmodelingprep.com/news/abrdn-us-closedend-funds-announce-distribution-payment-details-20250110.jpg
    abrdn U.S. Closed-End Funds Announce Distribution Payment Details

    accesswire.com

    2025-01-10 16:17:00

    PHILADELPHIA, PA / ACCESSWIRE / January 10, 2025 / The abrdn U.S. Closed-End Funds (NYSE:ASGI, HQH, HQL, IFN, JEQ, THQ)(NYSE American:IAF) (the "Funds" or individually the "Fund"), today announced that the Funds paid the distributions noted in the table below on January 10, 2025, on a per share basis to all shareholders of record as of December 30, 2024 (ex-dividend date December 30, 2024). These dates apply to the Funds listed below with the exception of abrdn Healthcare Investors (HQH), abrdn Life Sciences Investors (HQL), abrdn Australia Equity Fund, Inc. (IAF), the India Fund Inc. (IFN) and abrdn Japan Equity Fund, Inc. (JEQ) which paid on January 10, 2025, to all shareholders of record as of November 21, 2024 (ex-dividend date November 21, 2024).

    https://images.financialmodelingprep.com/news/iaf-riskreward-looks-better-but-limited-incentive-otherwise-20250102.jpg
    IAF: Risk-Reward Looks Better, But Limited Incentive Otherwise

    seekingalpha.com

    2025-01-02 19:52:13

    The abrdn Australia Equity Fund's performance over the last 7 months has been quite lackluster and in contrast to the performance in the preceding 6 months. Australia's macroeconomic backdrop looks troubling with the recent weakness in the Aussie dollar prompting another spanner in the works. The fund's current discount to NAV is attractive by historical standards at -10.66%, but we have concerns over the fund's lack of distribution growth.

    https://images.financialmodelingprep.com/news/abrdn-us-closedend-funds-announce-distribution-payment-details-20240930.jpg
    abrdn U.S. Closed-End Funds Announce Distribution Payment Details

    accesswire.com

    2024-09-30 16:17:00

    PHILADELPHIA, PA / ACCESSWIRE / September 30, 2024 / The abrdn U.S. Closed-End Funds (NYSE:ASGI, HQH, HQL, IFN, JEQ, THQ)(NYSE American:IAF), (the "Funds" or individually the "Fund"), today announced that the Funds paid the distributions noted in the table below on September 30, 2024, on a per share basis to all shareholders of record as of September 23, 2024 (ex-dividend date September 23, 2024). These dates apply to the Funds listed below with the exception of abrdn Healthcare Investors (HQH), abrdn Life Sciences Investors (HQL), abrdn Australia Equity Fund, Inc. (IAF), the India Fund Inc. (IFN) and abrdn Japan Equity Fund, Inc. (JEQ) which paid on September 30, 2024, to all shareholders of record as of August 23, 2024 (ex-dividend date August 23, 2024), and the abrdn Global Infrastructure Income Fund (ASGI) which paid on September 30, 2024, to all shareholders of record as of September 20, 2024 (ex-dividend date September 20, 2024).

    https://images.financialmodelingprep.com/news/midair-refuel-precision-strikes-how-israeli-air-force-hit-20240826.jpg
    Mid-Air Refuel, Precision Strikes: How Israeli Air Force Hit Hezbollah

    ndtv.com

    2024-08-26 04:04:33

    The Israeli Air Force (IAF) on Sunday conducted a series of precision strikes on Hezbollah targets in Lebanon, thwarting what Israeli officials described as a large-scale attack...

    https://images.financialmodelingprep.com/news/abrdn-us-closedend-funds-announce-distribution-payment-details-20240809.jpg
    abrdn U.S. Closed-End Funds Announce Distribution Payment Details

    accesswire.com

    2024-08-09 16:17:00

    PHILADELPHIA, PA / ACCESSWIRE / August 9, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP)(NYSE:ASGI)(NYSE:AWP)(NYSE:HQH)(NYSE:HQL)(NYSE:IFN)(NYSE:JEQ)(NYSE:THQ)(NYSE:THW)(NYSE American:FAX)(NYSE American:FCO)(NYSE American:IAF)(NYSE American:VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on August 30, 2024 to all shareholders of record as of August 23, 2024 (ex-dividend date August 23, 2024). These dates apply to the Funds listed below with the exception of the abrdn Healthcare Investors (HQH), the abrdn Life Sciences Investors (HQL), the abrdn Australia Equity Fund, Inc. (IAF), the India Fund, Inc. (IFN) and the abrdn Japan Equity Fund, Inc. (JEQ) which will pay on September 30, 2024, to all shareholders of record as of August 23, 2024 (ex-dividend date August 23, 2024).

    https://images.financialmodelingprep.com/news/abrdn-us-closedend-funds-announce-results-of-annual-meeting-20240516.jpg
    abrdn U.S. Closed-End Funds Announce Results of Annual Meeting of Shareholders

    accesswire.com

    2024-05-16 19:35:00

    PHILADELPHIA, PA / ACCESSWIRE / May 16, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP),(NYSE:AGD),(NYSE:AOD),(NYSE:ASGI),(NYSE:AWP),(NYSE:IFN),(NYSE:JEQ) and (NYSE American:FAX),(NYSE American:FCO),(NYSE American:IAF) and (NYSE American:AEF) announced they each held their Annual Meeting of Shareholders (the "Meetings") on May 16, 2024. At the Meetings, shareholders of the respective Funds voted on the proposals set forth below: abrdn Asia-Pacific Income Fund, Inc. ("FAX") As of the record date, April 1, 2024, FAX had outstanding 247,695,769 shares of common stock.

    https://images.financialmodelingprep.com/news/iaf-good-run-in-2024-so-far-but-gains-20240516.jpg
    IAF: Good Run In 2024 So Far, But Gains Could Be Capped From Here

    seekingalpha.com

    2024-05-16 18:01:39

    IAF has outperformed its EAFE benchmark by 800bps over the past 6 months, generating returns of over 24% in total. Recently revised inflation expectations, and the higher-for-longer rate stance is not likely to reflect well on household finances and Australian banks which dominate IAF. Valuations of IAF are now pricey, and it has now reached a price terrain which previously served as resistance.

    https://images.financialmodelingprep.com/news/abrdn-us-closedend-funds-announce-distribution-payment-details-20240509.jpg
    abrdn U.S. Closed-End Funds Announce Distribution Payment Details

    accesswire.com

    2024-05-09 16:17:00

    PHILADELPHIA, PA / ACCESSWIRE / May 9, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP, AGD, AOD, AWP, JEQ, THQ, THW)(NYSE American:AEF, FAX, FCO, IAF, VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on May 31, 2024 to all shareholders of record as of May 23, 2024 (ex-dividend date May 22, 2024). These dates apply to the Funds listed below with the exception of the abrdn Australia Equity Fund, Inc. (IAF) and the abrdn Japan Equity Fund, Inc. (JEQ) which will pay on June 28, 2024, to all shareholders of record as of May 23, 2024 (ex-dividend date May 22, 2024).

    https://images.financialmodelingprep.com/news/abrdn-us-closedend-funds-announce-distribution-payment-details-20240328.jpg
    abrdn U.S. Closed-End Funds Announce Distribution Payment Details

    accesswire.com

    2024-03-28 16:17:00

    PHILADELPHIA, PA / ACCESSWIRE / March 28, 2024 / The abrdn U.S. Closed-End Funds (NYSE:ASGI, HQH, HQL, IFN, JEQ, THQ, THW) (NYSE American:IAF), (the "Funds" or individually the "Fund"), today announced that the Funds paid the distributions noted in the table below on March 28, 2024, on a per share basis to all shareholders of record as of March 21, 2024 (ex-dividend date March 20, 2024). These dates apply to the Funds listed below with the exception of abrdn Healthcare Investors (HQH), abrdn Life Sciences Investors (HQL), the abrdn Australia Equity Fund, Inc. (IAF), the India Fund, Inc. (IFN) and the abrdn Japan Equity Fund, Inc. (JEQ) which will pay on March 28, 2024, to all shareholders of record as of February 22, 2024 (ex-dividend date February 21, 2024).

    https://images.financialmodelingprep.com/news/iaf-i-like-australian-equities-but-this-isnt-the-20240226.jpg
    IAF: I Like Australian Equities, But This Isn't The Fund To Invest In Them

    seekingalpha.com

    2024-02-26 16:15:49

    IAF: I Like Australian Equities, But This Isn't The Fund To Invest In Them