Abrdn Australia Equity Fund Inc

IAF
$13.45 (+ $0.21 + 1.59%)
Last updated: 2026-08-22 04:23 UTC
IAF Metrics
Exchange
🇺🇸 NYSE XASE
NYSE Mkt LLCUnited StatesAmerica/New_York
SectorFinancial Services
IndustryAsset Management
ISINUS0030111118
CUSIP003011111
Market Price13.45
Dividend Yield 10.71%
Dividend Growth
1Y -0.68%
3Y -4.86%
5Y -2.80%
10Y -6.92%
Annual Dividend 1.46
Latest Payout ($)0.36
Latest Payout Date2026-06-30
Dividend FrequencyQuarterly
P/E Ratio7.5
EPS1.89
Market Cap$121.3M
Book Value14.12
Price to Book0.93
Beta1.13
52w High14.54
52w Low11.76
Next Earnings DateN/A

Abrdn Australia Equity Fund Inc trades under ticker IAF on NYSE as a stock. Use this page to review stock price, share price, dividends, and price history. The page also shows Financial Services exposure. Identifiers: ISIN US0030111118, CUSIP 003011111. Also searched as Abrdn Australia Equity Fund.

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About the Company
Abrdn Australia Equity Fund Inc is a closed ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund is managed by Aberdeen Standard Investments Australia 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. Abrdn Australia Equity Fund Inc was formed in September 30, 1985 and is domiciled in the United States.
Price History