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abrdn Australia Equity Fund, Inc.
mutual fund
XIAFX
Payout Change
Suspended
Price as of:
$4.91
-0.08
-1.6%
primary theme
Small Regions Equity
share class
XIAFX (Mutual Fund)
abrdn Australia Equity Fund, Inc.
Payout Change
Suspended
Price as of:
$4.91
-0.08
-1.6%
primary theme
Small Regions Equity
share class
XIAFX (Mutual Fund)
abrdn Australia Equity Fund, Inc.
Payout Change
Suspended
Price as of:
$4.91
-0.08
-1.6%
primary theme
Small Regions Equity
share class
Name
As of 12/12/2024Price
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
Vitals
YTD Return
-1.6%
1 yr return
3.4%
3 Yr Avg Return
-6.6%
5 Yr Avg Return
-3.7%
Net Assets
$130 M
Holdings in Top 10
55.8%
52 WEEK LOW AND HIGH
$5.0
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 12/12/2024Price
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
XIAFX - Profile
Distributions
- YTD Total Return -1.6%
- 3 Yr Annualized Total Return -6.6%
- 5 Yr Annualized Total Return -3.7%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.76%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal Nameabrdn Australia Equity Fund, Inc.
-
Fund Family Nameabrdn Inc.
-
Inception DateSep 26, 2001
-
Shares Outstanding23916588
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerNatalie Tam
Fund Description
XIAFX - Performance
Return Ranking - Trailing
| Period | XIAFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.6% | -47.9% | 32.8% | 77.78% |
| 1 Yr | 3.4% | -30.0% | 51.1% | 60.49% |
| 3 Yr | -6.6%* | -40.2% | 27.7% | 87.65% |
| 5 Yr | -3.7%* | -19.1% | 12.9% | 88.46% |
| 10 Yr | 0.9%* | -6.7% | 11.0% | 77.78% |
* Annualized
Return Ranking - Calendar
| Period | XIAFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 1.4% | -15.1% | 61.2% | 72.84% |
| 2022 | -20.8% | -84.3% | 99.1% | 61.73% |
| 2021 | 3.0% | -29.9% | 283.0% | 74.68% |
| 2020 | 2.9% | -50.2% | 41.8% | 43.59% |
| 2019 | 12.5% | -19.5% | 46.8% | 58.97% |
Total Return Ranking - Trailing
| Period | XIAFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.6% | -47.9% | 32.8% | 77.78% |
| 1 Yr | 3.4% | -30.0% | 51.1% | 60.49% |
| 3 Yr | -6.6%* | -40.2% | 27.7% | 87.65% |
| 5 Yr | -3.7%* | -19.1% | 12.9% | 88.46% |
| 10 Yr | 0.9%* | -6.7% | 11.0% | 77.78% |
* Annualized
Total Return Ranking - Calendar
| Period | XIAFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 1.4% | -12.6% | 64.7% | 85.19% |
| 2022 | -20.8% | -83.7% | 105.8% | 66.67% |
| 2021 | 3.0% | -27.5% | 283.0% | 81.01% |
| 2020 | 2.9% | -50.2% | 43.0% | 55.13% |
| 2019 | 18.2% | -17.8% | 50.2% | 57.69% |
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 | 49.38% |
| Number of Holdings | 37 | 13 | 873 | 80.25% |
| Net Assets in Top 10 | 80.9 M | 1.66 M | 2.8 B | 50.62% |
| Weighting of Top 10 | 55.79% | 10.1% | 94.8% | 55.56% |
Top 10 Holdings
- BHP Group Ltd 11.02%
- BHP Group Ltd 11.02%
- BHP Group Ltd 11.02%
- BHP Group Ltd 11.02%
- BHP Group Ltd 11.02%
- BHP Group Ltd 11.02%
- BHP Group Ltd 11.02%
- BHP Group Ltd 11.02%
- BHP Group Ltd 11.02%
- BHP Group Ltd 11.02%
Asset Allocation
| Weighting | Return Low | Return High | XIAFX % Rank | |
|---|---|---|---|---|
| Stocks | 99.95% | 49.47% | 100.26% | 4.94% |
| Cash | 0.05% | 0.00% | 19.34% | 96.30% |
| Preferred Stocks | 0.00% | 0.00% | 26.41% | 74.07% |
| Other | 0.00% | -7.90% | 31.19% | 81.48% |
| Convertible Bonds | 0.00% | 0.00% | 0.30% | 70.37% |
| Bonds | 0.00% | 0.00% | 2.39% | 72.84% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | XIAFX % Rank | |
|---|---|---|---|---|
| Financial Services | 29.36% | 0.00% | 64.45% | 42.50% |
| Basic Materials | 22.97% | 0.00% | 50.50% | 11.25% |
| Healthcare | 11.84% | 0.00% | 37.68% | 18.75% |
| Consumer Defense | 8.22% | 0.00% | 28.14% | 31.25% |
| Real Estate | 6.57% | 0.00% | 30.80% | 25.00% |
| Energy | 5.56% | 0.00% | 40.11% | 38.75% |
| Consumer Cyclical | 5.03% | 0.00% | 24.14% | 68.75% |
| Communication Services | 4.88% | 0.00% | 23.24% | 48.75% |
| Technology | 2.79% | 0.00% | 39.90% | 52.50% |
| Industrials | 1.84% | 0.00% | 39.81% | 92.50% |
| Utilities | 0.95% | 0.00% | 29.58% | 66.25% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | XIAFX % Rank | |
|---|---|---|---|---|
| Non US | 97.52% | 0.00% | 100.17% | 65.43% |
| US | 2.43% | 0.00% | 65.92% | 23.46% |
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% | 15.00% |
| 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% | 69.44% |
XIAFX - Distributions
Dividend Yield Analysis
| XIAFX | Category Low | Category High | XIAFX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 6.29% | 97.53% |
Dividend Distribution Analysis
| XIAFX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| XIAFX | Category Low | Category High | XIAFX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.76% | -4.11% | 4.93% | 54.32% |
Capital Gain Distribution Analysis
| XIAFX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jun 20, 2019 | $0.140 | OrdinaryDividend |
| Mar 20, 2019 | $0.150 | OrdinaryDividend |
| Dec 28, 2018 | $0.150 | OrdinaryDividend |
| Sep 21, 2018 | $0.160 | OrdinaryDividend |
| Jun 20, 2018 | $0.160 | OrdinaryDividend |
| Mar 16, 2018 | $0.160 | OrdinaryDividend |
| Dec 28, 2017 | $0.160 | OrdinaryDividend |
| Sep 21, 2017 | $0.160 | OrdinaryDividend |
| Jun 16, 2017 | $0.160 | OrdinaryDividend |
| Mar 16, 2017 | $0.160 | OrdinaryDividend |
| Dec 28, 2016 | $0.160 | OrdinaryDividend |
| Sep 19, 2016 | $0.160 | OrdinaryDividend |
| Jun 16, 2016 | $0.160 | OrdinaryDividend |
| Mar 16, 2016 | $0.170 | OrdinaryDividend |
| Dec 29, 2015 | $0.180 | OrdinaryDividend |
| Sep 17, 2015 | $0.190 | OrdinaryDividend |
| Jun 18, 2015 | $0.200 | OrdinaryDividend |
| Mar 19, 2015 | $0.210 | OrdinaryDividend |
| Dec 29, 2014 | $0.220 | OrdinaryDividend |
| Sep 18, 2014 | $0.220 | OrdinaryDividend |
| Jun 19, 2014 | $0.220 | OrdinaryDividend |
| Mar 20, 2014 | $0.230 | OrdinaryDividend |
| Nov 14, 2013 | $0.250 | OrdinaryDividend |
| Sep 26, 2013 | $0.250 | OrdinaryDividend |
| Jun 26, 2013 | $0.260 | OrdinaryDividend |
| Mar 26, 2013 | $0.250 | OrdinaryDividend |
| Dec 27, 2012 | $0.250 | OrdinaryDividend |
| Sep 26, 2012 | $0.250 | OrdinaryDividend |
| Jun 27, 2012 | $0.260 | OrdinaryDividend |
| Mar 28, 2012 | $0.280 | OrdinaryDividend |
| Dec 28, 2011 | $0.290 | OrdinaryDividend |
| Sep 28, 2011 | $0.290 | OrdinaryDividend |
| Jun 28, 2011 | $0.290 | OrdinaryDividend |
| Mar 29, 2011 | $0.280 | OrdinaryDividend |
| Dec 28, 2010 | $0.280 | OrdinaryDividend |
| Sep 28, 2010 | $0.270 | OrdinaryDividend |
| Jun 28, 2010 | $0.270 | OrdinaryDividend |
| Mar 29, 2010 | $0.250 | OrdinaryDividend |
| Dec 29, 2009 | $0.220 | OrdinaryDividend |
| Sep 28, 2009 | $0.200 | OrdinaryDividend |
| Jun 26, 2009 | $0.230 | OrdinaryDividend |
| Mar 27, 2009 | $0.280 | OrdinaryDividend |
| Dec 29, 2008 | $0.330 | OrdinaryDividend |
| Sep 26, 2008 | $0.400 | OrdinaryDividend |
| Jun 26, 2008 | $0.410 | OrdinaryDividend |
| Mar 27, 2008 | $0.410 | OrdinaryDividend |
| Dec 27, 2007 | $0.400 | OrdinaryDividend |
| Dec 27, 2007 | $0.220 | CapitalGainLongTerm |
| Sep 26, 2007 | $0.360 | OrdinaryDividend |
| Jun 27, 2007 | $0.340 | OrdinaryDividend |
| Mar 28, 2007 | $0.330 | OrdinaryDividend |
| Dec 27, 2006 | $0.160 | CapitalGainLongTerm |
| Nov 30, 2006 | $0.320 | OrdinaryDividend |
| Sep 27, 2006 | $0.320 | OrdinaryDividend |
| Jun 28, 2006 | $0.310 | OrdinaryDividend |
| Mar 29, 2006 | $0.300 | OrdinaryDividend |
| Dec 28, 2005 | $0.010 | OrdinaryDividend |
| Dec 28, 2005 | $0.160 | ExtraDividend |
| Dec 28, 2005 | $0.280 | CapitalGainLongTerm |
| Sep 28, 2005 | $0.280 | OrdinaryDividend |
| Jun 28, 2005 | $0.260 | OrdinaryDividend |
| Mar 29, 2005 | $0.260 | OrdinaryDividend |
| Dec 29, 2004 | $0.250 | OrdinaryDividend |
| Sep 28, 2004 | $0.240 | OrdinaryDividend |
| Jun 28, 2004 | $0.230 | OrdinaryDividend |
| Mar 29, 2004 | $0.220 | OrdinaryDividend |
| Dec 29, 2003 | $0.065 | OrdinaryDividend |
| Dec 29, 2003 | $0.025 | CapitalGainLongTerm |
| Sep 26, 2003 | $0.025 | OrdinaryDividend |
| Jun 26, 2003 | $0.025 | OrdinaryDividend |
| Mar 27, 2003 | $0.025 | OrdinaryDividend |
| Dec 27, 2002 | $0.025 | OrdinaryDividend |
| Dec 27, 2002 | $0.070 | CapitalGainLongTerm |
| Sep 26, 2002 | $0.025 | OrdinaryDividend |
| Jun 26, 2002 | $0.025 | OrdinaryDividend |
| Mar 26, 2002 | $0.025 | OrdinaryDividend |
| Dec 27, 2001 | $0.148 | OrdinaryDividend |
| Sep 26, 2001 | $0.153 | OrdinaryDividend |
| Jun 27, 2001 | $0.163 | OrdinaryDividend |
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 |
