Aberdeen Asia-Pacific Income Fund, Inc. (FAX) Shares Sold by Private Harbour Investment Management & Counsel LLC

Private Harbour Investment Management & Counsel LLC cut its stake in shares of Aberdeen Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) by 28.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,950 shares of the investment management company’s stock after selling 13,000 shares during the quarter. Private Harbour Investment Management & Counsel LLC’s holdings in Aberdeen Asia-Pacific Income Fund were worth $139,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in FAX. Private Ocean LLC purchased a new position in shares of Aberdeen Asia-Pacific Income Fund during the first quarter worth approximately $39,000. Van Hulzen Asset Management LLC purchased a new position in shares of Aberdeen Asia-Pacific Income Fund during the first quarter worth approximately $42,000. Old Port Advisors purchased a new position in shares of Aberdeen Asia-Pacific Income Fund during the fourth quarter worth approximately $47,000. Stratos Wealth Partners LTD. purchased a new position in shares of Aberdeen Asia-Pacific Income Fund during the fourth quarter worth approximately $46,000. Finally, Allred Capital Management LLC purchased a new position in shares of Aberdeen Asia-Pacific Income Fund during the fourth quarter worth approximately $49,000.

Shares of NYSEAMERICAN FAX opened at $4.14 on Friday. Aberdeen Asia-Pacific Income Fund, Inc. has a 52 week low of $3.82 and a 52 week high of $4.53.

The company also recently announced a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 22nd will be paid a $0.0275 dividend. This represents a $0.33 annualized dividend and a dividend yield of 7.97%. The ex-dividend date is Tuesday, May 21st.

In other news, VP Paul Lukaszewski bought 7,800 shares of the firm’s stock in a transaction that occurred on Tuesday, April 30th. The shares were bought at an average cost of $4.10 per share, with a total value of $31,980.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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Aberdeen Asia-Pacific Income Fund Company Profile

Aberdeen Asia-Pacific Income Fund, Inc is a close ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets of Asia, Australia, and New Zeland.

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Institutional Ownership by Quarter for Aberdeen Asia-Pacific Income Fund (NYSEAMERICAN:FAX)

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