Aberdeen Australia Equity Fund, Inc. Announces Performance Data And Portfolio Composition PR Newswire PHILADELPHIA, June 11, 2013 PHILADELPHIA, June 11, 2013 /PRNewswire/ --Aberdeen Australia Equity Fund, Inc. (the "Fund") (NYSE MKT: IAF), a closed-end equity fund, announced today its performance data and portfolio composition as of April 30, 2013. (Logo: http://photos.prnewswire.com/prnh/20121106/NE07292LOGO ) The Fund's total returns for various periods through April 30, 2013 are provided below. (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees): Cumulative as of Annualized as of 04/30/13 04/30/13 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Since Years Inception NAV 1.9 2.6 6.5 16.4 7.5 3.1 14.2 8.7 Market -4.7 2.3 5.8 7.9 6.9 2.7 16.5 8.8 Price S&P/ASX 4.1 7.2 13.0 23.3 11.3 5.1 16.0 12.3 200 The Fund's returns, which are denominated in U.S. dollars, are affected by the performance of the U.S. dollar against the Australian dollar. On April 30, 2013, the Fund's net assets amounted to US$238.0 million and the Fund's NAV per share was $10.54. As of April 30, 2013, the portfolio was invested as follows: Percent of Portfolio Composition Net Assets Financials 38.3 Materials 22.1 Consumer Staples 9.2 Utilities 8.3 Health Care 5.4 Energy 4.1 Telecommunications 3.6 Information Technology 3.2 Consumer Discretionary 2.9 Other Assets in Excess of Liabilities 2.9 The Fund's ten largest equity holdings as of April 30, 2013, representing 61.2% of total assets, were: Percent of Stock Total Assets BHP Billiton PLC 9.9 Australia & New Zealand Banking Group Ltd. 7.6 Rio Tinto PLC 6.9 Commonwealth Bank of Australia 6.7 QBE Insurance Group Ltd. 6.0 Woolworths Ltd. 5.5 AMP Ltd. 4.9 Westfield Group 4.7 Westpac Banking Corporation 4.6 SP AusNet 4.4 Important Information Aberdeen Asset Management Inc., the Fund's Administrator, has prepared this report based on information sources believed to be accurate and reliable. However, the figures are unaudited and neither the Fund, the Administrator, Aberdeen Asset Management Asia Limited (the Investment Manager), Aberdeen Asset Management Limited (the Investment Adviser), nor any other person guarantees their accuracy. Investors should seek their own professional advice and should consider the investment objectives, risks, charges and expenses before acting on this information. Aberdeen is a U.S. registered service mark of Aberdeen Asset Management PLC. Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that the Fund will achieve its investment objective. Total return figures with distributions reinvested at the dividend reinvestment price are stated net-of-fees and represents past performance. Past performance is not indicative of future results, current performance may be higher or lower. Holdings are subject to change and are provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities shown. Inception date December 12, 1985. If you wish to receive this information electronically, please contact: InvestorRelations@aberdeen-asset.com SOURCE Aberdeen Australia Equity Fund, Inc. Website: http://www.aberdeeniaf.com Contact: Aberdeen Asset Management Inc., Investor Relations, 866-839-5205, InvestorRelations@aberdeen-asset.com
Aberdeen Australia Equity Fund, Inc. Announces Performance Data And Portfolio Composition
Press spacebar to pause and continue. Press esc to stop.