PHILADELPHIA, Aug. 23, 2012 /PRNewswire/ -- Aberdeen
Asia-Pacific Income Fund, Inc. (NYSE MKT: FAX) was featured in
Morningstar's most recent closed-end fund weekly newsletter, which
noted that it is one of only five closed-end funds with a Gold
rating*, out of a universe of 106 rated U.S. closed-end funds.
In bestowing the Gold rating on FAX, Morningstar research
analyst, Steven Pikelny, writes,
"FAX is the only closed-end fund that provides investors with an
avenue to the difficult-to-reach debt markets of developing Asian
nations as well as Australia."
Morningstar notes, "Aberdeen portfolio managers don't just
conduct regional and sector research by sitting at a
computer...managers visit target countries to meet with central
bankers, finance minister, and corporate managers."
The full Morningstar weekly article and Aberdeen Asia-Pacific
Income Fund's Morningstar Research Report are available using these
links:
Read Morningstar Weekly Article at Morningstar.com
Read Morningstar's Research Report with Gold Rating for Aberdeen
Asia-Pacific Income Fund
More than two decades of experience in Asia
"Aberdeen now has over two decades of on-the-ground
experience in Asia," says
Anthony Michael, head of
Asia-Pacific fixed income desk for
Aberdeen. "As investors around the world look to the growth
potential and attractive yields of the Asian sovereign bond
markets, a first-hand perspective and local research is
particularly important to keeping close tabs on the region's
fast-growing economies, and their social and political
developments."
*The Analyst Rating is based on the fund analyst's conviction in
the fund's ability to outperform its peer group and / or relevant
benchmark on a risk-adjusted basis over the long-term. If a
fund receives a positive rating of Gold, Silver, or Bronze, it
means Morningstar analysts think highly of the fund and expect it
to outperform over a full market cycle of at least five
years. The Analyst Rating is not a market call, and it is not
meant to replace investors' due diligence process. It cannot
assess whether a fund is the right fit for a particular portfolio
and risk tolerance. It is intended to supplement investors'
and advisors' own work on funds and, along with written analysis,
provide forward-looking perspective into a fund's abilities.
The Leader in Emerging Market Closed-End
Funds
Aberdeen directly manages 11 U.S. exchange-listed closed-end
funds and one Canadian investment
company:
- Aberdeen Asia-Pacific Income Fund, Inc. (NYSE MKT: FAX)**
- Aberdeen Asia-Pacific Income Investment Company Limited (TSX:
FAP)
- Aberdeen Australia Equity Fund, Inc. (NYSE MKT: IAF)
- Aberdeen Chile Fund, Inc. (NYSE MKT: CH )**
- Aberdeen Emerging Markets Telecommunications and Infrastructure
Fund, Inc. (NYSE MKT: ETF )
- Aberdeen Global Income Fund, Inc. (NYSE MKT: FCO)**
- Aberdeen Indonesia Fund, Inc. (NYSE MKT: IF )
- Aberdeen Israel Fund, Inc. (NYSE MKT: ISL )
- Aberdeen Latin America Equity Fund, Inc. (NYSE MKT: LAQ)
- The Asia Tigers Fund, Inc. (NYSE: GRR)
- The India Fund, Inc. (NYSE: IFN)
- The Singapore Fund, Inc. (NYSE: SGF)
In addition, Aberdeen serves as investment sub-advisor to two
other U.S. exchange-listed closed-end funds managed by First
Trust:
- First Trust /Aberdeen Global Opportunity Income Fund, Inc.
(NYSE MKT: FAM)
- First Trust /Aberdeen Emerging Opportunity Fund, Inc. (NYSE
MKT: FEO)
Additional information about the Funds is available by
contacting the Funds at 800.522.5465 or by visiting the Funds' web
site at www.aberdeen-asset.us/cef
About Aberdeen Asset Management
Aberdeen Asset Management PLC, the parent company of Aberdeen
Asset Management Inc., is an independently-run asset manager listed
on the London Stock Exchange since 1991, and operating from 32
offices in 23 countries (the "Aberdeen Group"). The Aberdeen Group
invests on behalf of institutional and private clients, primarily
in equities, fixed income, alternative investment strategies and
property. The Aberdeen Group manages nearly US$290 billion of assets for both institutions
and private individuals as of June 30,
2012.
In the United States, Aberdeen
Asset Management (AAM) is the marketing name for the following
affiliated, registered investment advisers: Aberdeen Asset
Management Inc., Aberdeen Asset Managers Ltd, Aberdeen Asset
Management Ltd and Aberdeen Asset Management Asia Ltd, each of
which is wholly owned by Aberdeen Asset Management PLC. "Aberdeen"
is a U.S. registered service mark of Aberdeen Asset Management
PLC.
**Investors should consider a fund's investment objectives,
risks, charges and expenses carefully before investing. A copy of
the prospectus for Aberdeen Asia-Pacific Income Fund,
Inc., Aberdeen Chile Fund, Inc. and Aberdeen
Global Income Fund, Inc. that contains this and other
information about the funds may be obtained by calling
866-839-5205. Please read the prospectus carefully before
investing. Investing in funds involves risk, including possible
loss of principal.
Closed-end funds generally have a one-time initial public
offering and then are subsequently traded on the secondary market
through one of the stock exchanges. The 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 a fund will achieve its investment objective. Past performance
does not guarantee future results. Closed end funds that specialize
in single country international investments may carry additional
risks.
The above is for information purposes only and should not be
considered as an offer, or solicitation, to deal in any of the
investments mentioned herein. AAMI does not warrant the accuracy,
adequacy or completeness of the information and materials contained
in this document and expressly disclaims liability for errors or
omissions in such information and materials.
Inclusion of the Morningstar Analyst Rating™ for
funds within this press release should not be viewed as an
endorsement or recommendation of this or any mutual fund by
Morningstar. Morningstar Analyst Ratings are subject to change
without notice and are not intended to be the sole factor in an
investor's decision-making process.
SOURCE Aberdeen Asset Management
