Abrdn Australia Equity Fund Inc (IAF)

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Abrdn Australia Equity Fund Inc (IAF) is up 4.3% since the beginning of the year. IAF is currently trading at $13 per share. Investors who bought $1,000 worth of IAF shares 5 years ago would now be looking at an investment worth $1,127.

Abrdn Australia Equity Fund Inc (IAF) has returned 4.34% so far this year and 9.28% over the past 12 months. Over the last ten years, IAF has returned 8.57% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Feb 25, 1988, IAF's average daily return is +0.04%, while the average monthly return is +0.73%. At this rate, an investment would double in approximately 7.9 years.

Historically, 55% of months were positive and 45% were negative. The best month was Jan 1990 with a return of +42.9%, while the worst month was Aug 1998 at -25.5%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 7 months.

On a daily basis, IAF closed higher 45% of trading days. The best single day was Oct 13, 2008 with a return of +28.0%, while the worst single day was Sep 29, 2008 at -15.4%.

Abrdn Australia Equity Fund Inc has an annualized alpha of 1.25%, beta of 0.80, and R2 of 0.26 versus S&P 500 Index. Calculated based on daily prices since February 26, 1988.

• This fund participated in 101.59% of S&P 500 Index downside but only 86.32% of its upside - more exposed to losses than it benefited from rallies.
• R2 of 0.26 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

IAF has an expense ratio of 0.02%, which is considered low.

IAF ranks 6 for risk / return — in the bottom 6% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Abrdn Australia Equity Fund Inc (IAF) and compare them to S&P 500 Index.

Abrdn Australia Equity Fund Inc provided a 11.43% dividend yield over the last twelve months, with an annual payout of $1.46 per share.

The table displays the monthly dividend distributions for Abrdn Australia Equity Fund Inc. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Abrdn Australia Equity Fund Inc. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Abrdn Australia Equity Fund Inc was 67.68%, occurring on Nov 20, 2008. Recovery took 492 trading sessions.

The current Abrdn Australia Equity Fund Inc drawdown is 6.90%.

The chart below shows the rolling one-month volatility.