Abrdn Australia Equity Fund Inc (IAF:NYSEMKT) closed at $12.51 on October 23, 2026, down 0.32% on the day. The stock trades 14.0% below its 52-week high of $14.54 and 6.4% above its 52-week low of $11.76. Abrdn Australia Equity Fund Inc is part of the Miscellaneous sector.
In 252 trading sessions since October 23, 2025, IAF closed higher on 121 days (48%). Its best day was April 30, 2026 (+3.94%) and its worst was March 20, 2026 (-3.94%). It never moved 10% or more in a single session.
Aberdeen Australia Equity Fund, Inc. is a closed ended equity mutual fund launched and managed by Aberdeen Asset Management Asia Limited. The fund is managed by Aberdeen Asset Management Limited. It invests in the public equity markets of Australia. The fund makes its investments in firms operating across diversified sectors. It employs fundamental analysis with a bottom-up and top-down stock picking approach with focus on factors like growth prospects, competitive positions in domestic and export markets, technology, research and development, productivity, labor and raw material costs, profit margins, return on investment, capital resources, quality of management, and government regulation to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P ASX 200 Accumulation Index. It also uses proprietary research to create its portfolio. The Aberdeen Australia Equity Fund Inc. was previously known as The First Australia Fund, Inc. Aberdeen Australia Equity Fund, Inc. was formed in September 30, 1985 and is domiciled in the United States.
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Based on end-of-day data. For information only, not investment advice.