13th Aug 2021 17:53
Aberdeen Asian Income Fund Limited - investment firm focused on Asian equities and bonds - Reports net asset value per share as at June 30 of 257.62 pence, up from 207.57p posted a year ago. The company reports NAV total return of 6.9%, which is greater than MSCI AC Asia Pacific ex Japan Index total return of 5.8% but lags a 7.5% total return from MSCI AC Asia Pacific ex Japan High Dividend Yield Index. The first two quarterly dividends, covering the six months to the end of June total 4.5p, unchanged year-on-year.
Separately, the fund says it intends to become UK tax resident and elects to join the UK's investment trust regime in order to avail itself of double tax treaties and the related tax benefits.
Current stock price: 229.00 pence
Year-to-date change: up 0.2%
By Evelina Grecenko; [email protected]
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