Family Firm Inc. lifted its stake in Aberdeen Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) by 7.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 257,567 shares of the investment management company’s stock after acquiring an additional 16,779 shares during the quarter. Family Firm Inc.’s holdings in Aberdeen Asia-Pacific Income Fund were worth $1,257,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Claraphi Advisory Network LLC acquired a new position in Aberdeen Asia-Pacific Income Fund during the fourth quarter worth $116,000. Barry Investment Advisors LLC acquired a new position in Aberdeen Asia-Pacific Income Fund during the third quarter worth $132,000. Cetera Advisors LLC acquired a new position in Aberdeen Asia-Pacific Income Fund during the third quarter worth $142,000. Davis R M Inc. acquired a new position in Aberdeen Asia-Pacific Income Fund during the fourth quarter worth $147,000. Finally, Sigma Planning Corp increased its position in Aberdeen Asia-Pacific Income Fund by 175.7% during the third quarter. Sigma Planning Corp now owns 30,597 shares of the investment management company’s stock worth $158,000 after buying an additional 19,499 shares during the last quarter.

Shares of Aberdeen Asia-Pacific Income Fund, Inc. (FAX) opened at $4.79 on Friday. Aberdeen Asia-Pacific Income Fund, Inc. has a fifty-two week low of $4.73 and a fifty-two week high of $5.29. The stock has a market cap of $1,230.00, a PE ratio of 29.94 and a beta of 0.51.

The company also recently declared a monthly dividend, which was paid on Tuesday, January 30th. Shareholders of record on Monday, January 22nd were issued a dividend of $0.035 per share. This represents a $0.42 dividend on an annualized basis and a yield of 8.77%. The ex-dividend date was Friday, January 19th. Aberdeen Asia-Pacific Income Fund’s dividend payout ratio (DPR) is 262.50%.

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Aberdeen Asia-Pacific Income Fund Profile

Aberdeen Asia-Pacific Income Fund, Inc is a non-diversified, closed-end management investment company. The Fund’s principal investment objective is to seek current income. The Fund may also achieve incidental capital appreciation. To achieve its investment objectives, the Fund invests approximately 80% of its net assets, plus the amount of any borrowings for investment purposes, in Asian debt securities, Australian debt securities and New Zealand debt securities.

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Institutional Ownership by Quarter for Aberdeen Asia-Pacific Income Fund (NYSEAMERICAN:FAX)

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