Abrdn Asia-Pacific Income Fund Inc

abrdn Asia-Pacific Income Fund, Inc. (FAX) Announces New Managed Distribution Policy and Declares Monthly Distribution

The Board of abrdn Asia-Pacific Income Fund (NYSE American: FAX) approved a managed distribution policy under which the Fund will pay monthly distributions at an annualized rate of 12% of its average NAV per share during the prior month. As a result, the distribution payable September 30, 2026 (record and ex-dividend date September 22, 2026) steps down from $0.1650 to $0.15 per share — roughly a 9% reduction — though future amounts may rise or fall with NAV. The Board frames the NAV-based policy as a disciplined framework that reduces the risk of distributions exceeding long-term earnings capacity; payouts will be supported primarily by net investment income, supplemented by realized gains and, if needed, non-taxable return of capital.

•1mo ago

abrdn Asia-Pacific Income Fund, Inc. (FAX) Announces Closing and Reorganization of abrdn Global Income Fund, Inc. (FCO)

abrdn Asia-Pacific Income Fund (FAX) completed the reorganization of abrdn Global Income Fund (FCO) into itself on May 15, 2026. FCO shareholders received 0.176821 shares of FAX for every share of FCO held, based on the respective NAVs of $15.51 for FAX and $2.74 for FCO. The investment objective, strategies, and policies of the acquiring fund remain unchanged following the transaction.

•5mo ago