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Name

As of 04/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

abrdn Australia Equity Fund, Inc.

XIAFX | Fund

$4.65

$130 M

0.00%

1.55%

Vitals

YTD Return

-6.8%

1 yr return

-7.7%

3 Yr Avg Return

-9.9%

5 Yr Avg Return

-3.7%

Net Assets

$130 M

Holdings in Top 10

55.8%

52 WEEK LOW AND HIGH

$4.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.55%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 23.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Closed-end mutual fund

Name

As of 04/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

abrdn Australia Equity Fund, Inc.

XIAFX | Fund

$4.65

$130 M

0.00%

1.55%

XIAFX - Profile

Distributions

  • YTD Total Return -6.8%
  • 3 Yr Annualized Total Return -9.9%
  • 5 Yr Annualized Total Return -3.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.76%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    abrdn Australia Equity Fund, Inc.
  • Fund Family Name
    abrdn Inc.
  • Inception Date
    Sep 26, 2001
  • Shares Outstanding
    23916588
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Natalie Tam

Fund Description

XIAFX - Performance

Return Ranking - Trailing

Period XIAFX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.8% -9.6% 19.5% 90.24%
1 Yr -7.7% -18.2% 60.2% 90.24%
3 Yr -9.9%* -31.6% 21.1% 87.80%
5 Yr -3.7%* -19.9% 14.6% 88.61%
10 Yr -1.1%* -10.1% 10.6% 81.97%

* Annualized

Return Ranking - Calendar

Period XIAFX Return Category Return Low Category Return High Rank in Category (%)
2023 1.4% -15.1% 61.2% 73.17%
2022 -20.8% -84.3% 99.1% 62.20%
2021 3.0% -29.9% 283.0% 75.00%
2020 2.9% -50.2% 41.8% 43.04%
2019 12.5% -19.5% 46.8% 59.49%

Total Return Ranking - Trailing

Period XIAFX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.8% -9.6% 19.5% 90.24%
1 Yr -7.7% -18.2% 60.2% 90.24%
3 Yr -9.9%* -31.6% 21.1% 87.80%
5 Yr -3.7%* -19.9% 14.6% 88.61%
10 Yr -1.1%* -10.1% 10.6% 81.97%

* Annualized

Total Return Ranking - Calendar

Period XIAFX Return Category Return Low Category Return High Rank in Category (%)
2023 1.4% -12.6% 64.7% 85.37%
2022 -20.8% -83.7% 105.8% 67.07%
2021 3.0% -27.5% 283.0% 81.25%
2020 2.9% -50.2% 43.0% 55.70%
2019 18.2% -17.8% 50.2% 58.23%

NAV & Total Return History

XIAFX - Holdings

Concentration Analysis

XIAFX Category Low Category High XIAFX % Rank
Net Assets 130 M 2.92 M 7.08 B 48.78%
Number of Holdings 37 7 873 78.05%
Net Assets in Top 10 80.9 M 1.34 M 2.87 B 50.00%
Weighting of Top 10 55.79% 10.1% 145.4% 64.63%

Top 10 Holdings

  1. BHP Group Ltd 11.02%
  2. BHP Group Ltd 11.02%
  3. BHP Group Ltd 11.02%
  4. BHP Group Ltd 11.02%
  5. BHP Group Ltd 11.02%
  6. BHP Group Ltd 11.02%
  7. BHP Group Ltd 11.02%
  8. BHP Group Ltd 11.02%
  9. BHP Group Ltd 11.02%
  10. BHP Group Ltd 11.02%

Asset Allocation

Weighting Return Low Return High XIAFX % Rank
Stocks 		99.95% 49.47% 102.46% 8.54%
Cash 		0.05% 0.00% 45.53% 89.02%
Preferred Stocks 		0.00% 0.00% 29.20% 84.15%
Other 		0.00% -7.90% 31.19% 75.61%
Convertible Bonds 		0.00% 0.00% 0.30% 78.05%
Bonds 		0.00% 0.00% 14.24% 80.49%

Stock Sector Breakdown

Weighting Return Low Return High XIAFX % Rank
Financial Services 		29.36% 0.00% 64.45% 41.98%
Basic Materials 		22.97% 0.00% 50.50% 11.11%
Healthcare 		11.84% 0.00% 37.68% 19.75%
Consumer Defense 		8.22% 0.00% 28.14% 30.86%
Real Estate 		6.57% 0.00% 30.80% 24.69%
Energy 		5.56% 0.00% 40.11% 38.27%
Consumer Cyclical 		5.03% 0.00% 24.14% 69.14%
Communication Services 		4.88% 0.00% 23.24% 49.38%
Technology 		2.79% 0.00% 39.90% 53.09%
Industrials 		1.84% 0.00% 39.81% 92.59%
Utilities 		0.95% 0.00% 29.58% 66.67%

Stock Geographic Breakdown

Weighting Return Low Return High XIAFX % Rank
Non US 		97.52% 0.00% 100.20% 63.41%
US 		2.43% 0.00% 102.46% 24.39%

XIAFX - Expenses

Operational Fees

XIAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.55% 0.01% 4.41% 14.81%
Management Fee 1.10% 0.00% 1.10% 100.00%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.08% 0.08% 0.15% 28.57%

Sales Fees

XIAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

XIAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

XIAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 23.00% 4.00% 217.50% 69.86%

XIAFX - Distributions

Dividend Yield Analysis

XIAFX Category Low Category High XIAFX % Rank
Dividend Yield 0.00% 0.00% 6.76% 95.12%

Dividend Distribution Analysis

XIAFX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly SemiAnnual

Net Income Ratio Analysis

XIAFX Category Low Category High XIAFX % Rank
Net Income Ratio 1.76% -4.11% 4.93% 54.88%

Capital Gain Distribution Analysis

XIAFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

XIAFX - Fund Manager Analysis

Managers

Natalie Tam

Start Date

Tenure

Tenure Rank

Dec 31, 2005

16.42

16.4%

Natalie Tam is a Senior Investment Manager on the Australian Equities Team. Natalie joined Aberdeen in 2005 from Deutsche Bank, where she worked as an equity research analyst. She was earlier an intern at Coca Cola Amatil (business development), Rothschild (corporate finance) and Promina Group (management accounting). Natalie holds a Bachelor of Commerce from the University of New South Wales where she was awarded a UNSW co-op program scholarship in accounting & finance. She is a CFA® charterholder. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Hugh Young

Start Date

Tenure

Tenure Rank

Dec 31, 2005

16.42

16.4%

Hugh Young is the Chairman for the abrdn business in Asia. He was previously the Head of Asia Pacific for Aberdeen Standard Investments, a main board director and Head of Investments for Aberdeen Asset Management (before its merger with Standard Life plc). Hugh joined the company in 1985 to manage Asian equities from London, having started his investment career in 1980. He founded the company's regional headquarters in Singapore in 1992. Hugh is a director of a number of group subsidiary companies and group-managed investment trusts and funds. Hugh graduated with a BA (Hons) in Politics from Exeter University.

Michelle Lopez

Start Date

Tenure

Tenure Rank

Dec 31, 2009

12.42

12.4%

Michelle is a Senior Investment Manager on the Australian Equities Team. Michelle joined Aberdeen in 2004 from KPMG – Corporate Finance where she worked as an intern. Previously, Michelle worked for Watson Wyatt as a Quant Analyst. Michelle holds a BA in Applied Finance and Commerce (Marketing) from Macquarie University, Sydney and is a CFA® charterholder. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Camille Simeon

Start Date

Tenure

Tenure Rank

Oct 31, 2021

0.58

0.6%

Camille Simeon is an Assistant Investment Manager on the Australian Equities Team. Camille joined Aberdeen in April 2008. Previously, Camille worked at Citi Australia, where she was a Vice President, Institutional Equity Research Sales. Camille has also worked at Foster Stockbroking, BNP Paribas and Burdett Buckeridge Young. Camille holds a Bachelor of Business from University of Technology, Sydney and Post Graduate Diploma in Applied Financial Analysis from the Securities Institute of Australia.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 31.8 8.72 10.64

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