Aberdeen Australia Equity Fund Inc

The Fund’s principal investment objective is long-term capital appreciation through investment primarily in equity securities of Australian companies listed on the Australian Stock Exchange Limited (“ASX”). The Fund’s secondary investment objective is current income.

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.

IAF: Good Run In 2024 So Far, But Gains Could Be Capped From Here

iA Financial Corporation Inc. (OTCPK:IAFNF) Q1 2024 Earnings Conference Call May 9, 2024 11:30 AM ET Company Participants Marie-Annick Bonneau - Head, Investor Relations Denis Ricard - President & Chief Executive Officer Eric Jobin - Chief Financial Officer & Chief Actuary Stephan Bourbonnais - Executive Vice-President, Wealth Management. Conference Call Participants Meny Grauman - Scotiabank Doug Young - Desjardins Capital Markets Gabriel Dechaine - National Bank Tom MacKinnon - BMO Capital Paul Holden - CIBC Mario Mendonca - TD Securities Darko Mihelic - RBC Capital Markets Operator Good morning, ladies and gentlemen, and welcome to the Industrial Alliance Insurance and Financial Services, Inc. 2024 First Quarter Results Conference Call.

iA Financial Corporation Inc. (IAFNF) Q1 2024 Earnings Call Transcript

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

Aberdeen Income Credit Strategies Fund

Alpine Global Dynamic Dividend Fund

Alpine Total Dynamic Dividend Fund

Aberdeen Standard Global Infr Inc Fd

Alpine Global Premier Properties Fund

Aberdeen Asia-Pacific Income Fund Inc

Aberdeen Global Income Fund

India Fund Inc

Aberdeen Japan Equity Fund Inc

abrdn World Healthcare Fund 

Delaware Investments

This release provides an update to the performance tables regarding the IAF Estimated Amounts of Current Distribution per Share and Estimated Amounts of Fiscal Year to Date Cumulative Distributions per Share PHILADELPHIA, PA / ACCESSWIRE / February 13, 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),(NYSE American:THW),(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 February 29, 2024 to all shareholders of record as of February 22, 2024 (ex-dividend date February 21, 2024). These dates apply to the Funds listed below with the exception of 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).

CORRECTION: abrdn U.S. Closed-End Funds Announce Distribution Payment Details

The abrdn Australia Equity Fund Inc is a closed-end fund that invests in Australian companies listed on the Australian Stock Exchange. IAF aims to achieve long-term capital appreciation and deliver regular income through dividends received on its portfolio of stocks. The fund has returned a positive return of approximately 7% since last year, but risks remain due to the economic backdrop, high valuations, and political and taxation moves in Australia.

IAF: Sell Australian Shares On Rallies In 2024, Australia May Still Fall Into Recession

iA Financial Corporation, Inc. (OTCPK:IAFNF) Q3 2023 Results Conference Call November 8, 2023 10:00 AM ET Company Participants Marie-Annick Bonneau - Head of Investor Relations Denis Ricard - President and Chief Executive Officer Eric Jobin - Chief Actuary and Chief Financial Officer Alain Bergeron - Chief Investment Officer Stephan Bourbonnais - Wealth Management operations Renee Laflamme - Individual Insurance and Annuities Pierre Miron - Chief Growth Officer Sean O'Brien - Group Businesses Mike Stickney - Chief Growth Officer of U.S. Operation and Co-Head of Acquisitions Conference Call Participants Meny Grauman - Scotiabank Doug Young - Desjardins Gabriel Dechaine - National Bank Tom MacKinnon - BMO Lemar Persaud - Cormark Paul Holden - CIBC Mario Mendonca - TD Securities Darko Mihelic - RBC Capital Operator Good morning, ladies and gentlemen, and welcome to iA Financial Corporation 2023 Third Quarter Results Conference Call. At this time, all lines are in a listen-only mode.

iA Financial Corporation, Inc. (IAFNF) Q3 2023 Earnings Call Transcript

Australian markets remain pressured by one of the harshest monetary tightening cycles in recent decades. Sticky inflation, despite a worsening consumer backdrop, means the RBA may be forced to extend its cycle of rate hikes. Equities in the region, despite offering great income, aren't cheap, and investing via a pricey active fund like IAF will likely be detrimental to returns.

IAF: Risk/Reward Skews Negative For This Australian Fund

Despite its high expense ratio, the actively managed abrdn Australia Equity Fund continues to underperform. With persistent inflation also set to extend the monetary tightening cycle, equity valuations could come under pressure. At current valuations, IAF's large-cap portfolio isn't cheap either and will be vulnerable to an expectation reset.

IAF: Unfavorable Risk/Reward Under The Extended Australian Tightening Cycle

iA Financial Corporation Inc. (OTCPK:IAFNF) Q1 2023 Earnings Conference Call May 10, 2023 11:00 AM ET Company Participants Marie-Annick Bonneau - Head, Investor Relations Denis Ricard - President and Chief Executive Officer Jacques Potvin - Chief Actuary and Chief Financial Officer Mike Stickney - Chief Growth Officer Alain Bergeron - Chief Investment Officer Conference Call Participants Gabriel Dechaine - National Bank Financial Meny Grauman - Scotiabank Scott Chan - Canaccord Genuity Tom MacKinnon - BMO Capital Markets Doug Young - Desjardins Capital Markets Paul Holden - CIBC World Markets Lemar Persaud - Cormark Securities Darko Mihelic - RBC Capital Markets Operator Greetings, and welcome to the Industrial Alliance First Quarter Earnings Results 2023 Conference Call. [Operator Instructions] As a reminder, this conference is being recorded on Wednesday, May 10, 2023.

iA Financial Corporation Inc. (IAFNF) Q1 2023 Earnings Call Transcript

BlackRock Science and Technology Trust II

Herzfeld Caribbean Basin Fund Inc

Duff & Phelps Global Utility Income Fund Inc

Ellsworth Growth and Income Fund

Stone Harbor Emerging Markets Total Income Fund

Eagle Point Income Company Inc

Eaton Vance National Municipal Opportunities Trust

Gabelli Equity Trust

Gabelli Convertible and Income Securities Fund

Gabelli Multimedia Trust

Gabelli Utility Trust

CBRE Global Real Estate Income Fund

Virtus AllianzGI Convertible & Income Fund

Oxford Lane Capital

Pimco Municipal Income Fund

Cushing MLP & Infrastructure Total Return Fund

Franklin Templeton Emerging Markets Income Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

YieldShares High Income ETF

Three out of 22 CEF sectors positive on price and 5 out of 22 sectors positive on NAV last week. Delaware/Abrdn mergers are closed.

Weekly Closed-End Fund Roundup: March 12, 2023

Apollo Tactical Income Fund, Inc.

Ares Dynamic Credit Allocation Fund

John Hancock Financial Opportunities Fund

Delaware Investments Dividend and Income Fund

Delaware Enhanced Global Dividend & Income Fund

Eagle Point Credit

Virtus Stone Harbor Emerging Markets Income Fund 

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Advantaged Bond & Opportunity Stategies Fund

Ivy High Income Opportunities Fund

Nuveen Core Equity Alpha Fund

KKR Income Opportunities Fund

Macquarie Global Infrastructure Total Return Fund Inc

MainStay MacKay DefinedTerm Municipal Opportunities Fund

Neuberger Berman Intermediate Municipal Fund Inc

Neuberger Berman California Intermediate Municipal Fund Inc

Nuveen Dynamic Municipal Opportunities Fund

0 out of 22 closed-end fund sectors positive on price and 3 out of 22 sectors positive on NAV last week. KIO rights offering results.

Weekly Closed-End Fund Roundup: February 19, 2023

iA Financial Corporation Inc. (OTCPK:IAFNF) Q4 2022 Earnings Conference Call February 15, 2023 11:00 AM ET Company Participants Marie-Annick Bonneau - Head of Investor Relations Denis Ricard - President and CEO Mike Stickney - Chief Growth Officer Jacques Potvin - Chief Actuary and CFO Conference Call Participants Meny Grauman - Scotiabank Gabriel Dechaine - National Bank Financial Doug Young - Desjardins Capital Markets Tom MacKinnon - BMO Capital Markets Scott Chan - Canaccord Genuity Paul Holden - CIBC World Markets Lemar Persaud - Cormark Securities Mario Mendonca - TD Securities Darko Mihelic - RBC Capital Markets Operator Greetings, and welcome to the Industrial Alliance Fourth Quarter Earnings Results Conference Call. During the presentation, all participants will be in a listen-only mode.

iA Financial Corporation Inc. (IAFNF) Q4 2022 Earnings Call Transcript

IAF invests across Australian stocks. The fund has managed to outperform its benchmark historically while gaining momentum in recent months.

IAF: 10% Yield From A Leading Australian Equities CEF

iA Financial Corporation Inc. (OTCPK:IAFNF) Q3 2022 Earnings Conference Call November 9, 2022 2:00 PM ET Company Participants Marie-Annick Bonneau - Head, Investor Relations Denis Ricard - President and Chief Executive Officer Jacques Potvin - Chief Actuary and Chief Financial Officer Michael Stickney - Chief Growth Officer Alain Bergeron - Chief Investment Officer Renee Laflamme - In-charge of Individual Insurance and Savings Sean O'Brien - Mutual Fund Business and Wealth Management Distribution Affiliates Eric Jobin - Group Businesses Conference Call Participants Doug Young - Desjardin Capital Markets Gabriel Dechaine - National Bank Financial Scott Chan - Canaccord Genuity Tom MacKinnon - BMO Capital Markets Mario Mendonca - TD Securities Paul Holden - CIBC World Markets Operator Greetings, and welcome to the Industrial Alliance Third Quarter Earnings Results Conference Call. [Operator Instructions].

iA Financial Corporation Inc. (IAFNF) Q3 2022 Earnings Call Transcript

IAF's P/E has contracted to more appealing levels of 16x vs 24x a year ago. Conditions in the Australian housing markets have begun to turn.

Aberdeen Australia Equity Fund: Watch The Housing Market

iA Financial Corporation Inc. (OTCPK:IAFNF) Q2 2022 Earnings Conference Call July 28, 2022 2:00 PM ET Company Participants Marie-Annick Bonneau - Head, Investor Relations Denis Ricard - President and Chief Executive Officer Jacques Potvin - Chief Actuary and Chief Financial Officer Mike Stickney - Chief Growth Officer Alain Bergeron - Chief Investment Officer Sean O'Brien - Executive Vice President, Wealth Management Conference Call Participants Meny Grauman - Scotiabank Tom MacKinnon - BMO Capital Markets Scott Chan - Canaccord Genuity Doug Young - Desjardin Capital Markets Paul Holden - CIBC World Markets Lemar Persaud - Cormark Securities Gabriel Dechaine - National Bank Financial Darko Mihelic - RBC Capital Markets Operator Greetings and welcome to the Industrial Alliance Second Quarter Earnings Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded on Thursday, July 28, 2022.

iA Financial Corporation Inc. (IAFNF) CEO Denis Ricard on Q2 2022 Results - Earnings Call Transcript

Aberdeen Emerging Markets Equity Income Fund Inc

PHILADELPHIA, PA / ACCESSWIRE / June 10, 2022 / The following abrdn U.S. Closed-End Funds (collectively, the "Funds") announced today that the Funds' respective boards have approved a name change for each of the Funds, to be effective June 30, 2022, as set forth below. The Funds' ticker symbols and CUSIPs are not changing.

Certain abrdn U.S. Closed-end Funds Announce Name Changes

Consumer confidence numbers have been adversely affected by the spike in cases.

Aberdeen Australia Equity Fund: Key Themes To Consider

iShares MSCI Australia ETF

Franklin FTSE Australia ETF

Delta variant outbreak hits Australian economy. Divergence in employment conditions seen between manufacturing and services.

Flash Australia PMI Signals Economy In Contraction Amid Widespread Lockdowns

ProShares UltraShort Australian Dollar

VelocityShares Daily 4x Long USD vs AUD ETN

Invesco CurrencyShares Australian Dollar Trust

Citigroup Glbl Underlying Tracker 2017-15.12.32 (Exp.08.12.32) on VS Dly 4XL AUDvsUSD Series N

China-Australia trade tensions have escalated significantly in 2020-21, with Australian exports of goods having been impacted by an increasing array of trade policy actions by China. Even during 2019, there had been some temporary disruptions of Australian coal shipments to certain Chinese ports, with long delays in permission to unload Australian coal cargoes at Chinese ports.

Australia-China Trade Tensions: The Great Escape?

PHILADELPHIA, PA / ACCESSWIRE / June 23, 2021 / Aberdeen Standard Investments Inc.: ABERDEEN ASIA-PACIFIC INCOME FUND, INC. (NYSE AMERICAN:FAX) ABERDEEN AUSTRALIA EQUITY FUND, INC.

Aberdeen Standard Investments Inc. Announces Director Appointment and Director Resignation for US Funds

Flash Australia composite PMI eases from record high but remains elevated. Jobs growth surges to survey record.

Flash Australia PMI Price Gauges Hit New Highs As Economy Continues To Revive

PHILADELPHIA, April 29, 2021 /PRNewswire/ -- Aberdeen Australia Equity Fund, Inc. (the "Fund") (NYSE American: IAF) held its Annual Meeting of Shareholders (the "Meeting") on April 29, 2021. At the Meeting, shareholders of the Fund voted to re-elect one Class III Director to the Board of Directors and to approve the continuation of the term of three Directors under the Fund's Corporate Governance Policies.

Aberdeen Australia Equity Fund, Inc. Announces Results Of Annual Meeting Of Shareholders And Changes To Board Of Directors

The Australian economy has rebounded in early 2021 from the impact of the COVID-19 pandemic restrictive measures that hit domestic demand during 2020. Australian GDP growth in the fourth quarter of 2020 rose by 3.1% quarter-on-quarter, the second consecutive quarter of positive growth after Australia entered a recession in the first half of 2020 with two consecutive quarters of negative growth.

Australian Economy Rebounds In Early 2021

Australian Stock Market Set To Go On A Tear

News for Aberdeen Australia Equity Fund Inc ETF (IAF)