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ALL
Market cap
$326262348
EPS
--
P/E ratio
32.8
Price to sales
56.23
Dividend yield
11.866%
Beta
1.149131
Previous close
$12.80
Today's open
$12.84
Day's range
$12.78 - $12.94
52 week range
$10.05 - $14.15
CEO
--
Employees
--
Headquarters
,
Exchange
NYSE American
Shares outstanding
--
Issue type
Common Stock
Finance
Asset Management Services
IAF: Can Accomplish Similar With Passive EWA
abrdn Australia Equity offers exposure to Australian markets, with a focus on financials and basic materials, but charges a high expense ratio. IAF's portfolio closely resembles passive ETFs like EWA, making its nearly 2% fees hard to justify versus EWA's 0.5% expense ratio. Australian ETFs benefit from exposure to gold and copper, and stable banking margins amid uncertain rate path downwards.
Seeking Alpha • Nov 24, 2025

ABRDN AUSTRALIA EQUITY FUND, INC. ANNOUNCES DETAILS OF UPCOMING 1-FOR-3 REVERSE STOCK SPLIT
PHILADELPHIA , Oct. 8, 2025 /PRNewswire/ -- abrdn Australia Equity Fund, Inc. (NYSE American: IAF) (the "Fund"), a closed-end fund, announced today that the Fund's Board of Directors approved a 1-for-3 reverse stock split of the Fund's common stock. The Fund anticipates completing a 1-for-3 reverse stock split prior to the open of trading on the New York Stock Exchange (the "NYSE") on October 23, 2025.
PRNewsWire • Oct 8, 2025

IAF: Sell Australian Shares By May And Go Away, Avoid 'The Most Expensive Bank Ever'
abrdn Australia Equity Fund Inc faces challenges due to high fees and a lack of significant deviation from the ASX200 index. Australian shares, particularly bank stocks, are overvalued with limited EPS growth, making IAF's high expense ratio difficult to justify. The current 10% discount to NAV is modest and unlikely to contract due to the fund's high costs and index-hugging strategy.
Seeking Alpha • Apr 24, 2025

Aberdeen U.S. Closed-End Funds Announce Distribution Payment Details
PHILADELPHIA, PA / ACCESS Newswire / March 31, 2025 / The Aberdeen U.S. Closed-End Funds (NYSE:ASGI, HQH, HQL, IFN, JEQ, THQ), (NYSE American:IAF) (the "Funds" or individually the "Fund"), today announced that the Funds paid the distributions noted in the table below on March 31, 2025, on a per share basis to all shareholders of record as of March 25, 2025 (ex-dividend date March 25, 2025). These dates apply to the Funds listed below with the exception of abrdn Healthcare Investors (HQH), abrdn Life Sciences Investors (HQL), abrdn Australia Equity Fund, Inc. (IAF), the India Fund Inc. (IFN) and abrdn Japan Equity Fund, Inc. (JEQ) which paid on March 31, 2025, to all shareholders of record as of February 21, 2025 (ex-dividend date February 21, 2025).
Accesswire • Mar 31, 2025

IAF: Risk-Reward Looks Better, But Limited Incentive Otherwise
The abrdn Australia Equity Fund's performance over the last 7 months has been quite lackluster and in contrast to the performance in the preceding 6 months. Australia's macroeconomic backdrop looks troubling with the recent weakness in the Aussie dollar prompting another spanner in the works. The fund's current discount to NAV is attractive by historical standards at -10.66%, but we have concerns over the fund's lack of distribution growth.
Seeking Alpha • Jan 3, 2025

IAF: Good Run In 2024 So Far, But Gains Could Be Capped From Here
IAF has outperformed its EAFE benchmark by 800bps over the past 6 months, generating returns of over 24% in total. Recently revised inflation expectations, and the higher-for-longer rate stance is not likely to reflect well on household finances and Australian banks which dominate IAF. Valuations of IAF are now pricey, and it has now reached a price terrain which previously served as resistance.
Seeking Alpha • May 16, 2024

iA Financial Corporation Inc. (IAFNF) Q1 2024 Earnings Call Transcript
iA Financial Corporation Inc. (OTCPK:IAFNF) Q1 2024 Earnings Conference Call May 9, 2024 11:30 AM ET Company Participants Marie-Annick Bonneau - Head, Investor Relations Denis Ricard - President & Chief Executive Officer Eric Jobin - Chief Financial Officer & Chief Actuary Stephan Bourbonnais - Executive Vice-President, Wealth Management. Conference Call Participants Meny Grauman - Scotiabank Doug Young - Desjardins Capital Markets Gabriel Dechaine - National Bank Tom MacKinnon - BMO Capital Paul Holden - CIBC Mario Mendonca - TD Securities Darko Mihelic - RBC Capital Markets Operator Good morning, ladies and gentlemen, and welcome to the Industrial Alliance Insurance and Financial Services, Inc. 2024 First Quarter Results Conference Call.
Seeking Alpha • May 10, 2024

IAF: I Like Australian Equities, But This Isn't The Fund To Invest In Them
IAF: I Like Australian Equities, But This Isn't The Fund To Invest In Them
Seeking Alpha • Feb 26, 2024

CORRECTION: abrdn U.S. Closed-End Funds Announce Distribution Payment Details
This release provides an update to the performance tables regarding the IAF Estimated Amounts of Current Distribution per Share and Estimated Amounts of Fiscal Year to Date Cumulative Distributions per Share PHILADELPHIA, PA / ACCESSWIRE / February 13, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP),(NYSE:AGD),(NYSE:AOD),(NYSE:ASGI),(NYSE:AWP),(NYSE:IFN),(NYSE:JEQ) and (NYSE American:FAX),(NYSE American:FCO),(NYSE American:IAF),(NYSE American:THW),(NYSE American:VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on February 29, 2024 to all shareholders of record as of February 22, 2024 (ex-dividend date February 21, 2024). These dates apply to the Funds listed below with the exception of the abrdn Australia Equity Fund, Inc. (IAF), the India Fund, Inc. (IFN) and the abrdn Japan Equity Fund, Inc. (JEQ) which will pay on March 28, 2024, to all shareholders of record as of February 22, 2024 (ex-dividend date February 21, 2024).
Accesswire • Feb 14, 2024

IAF: Sell Australian Shares On Rallies In 2024, Australia May Still Fall Into Recession
The abrdn Australia Equity Fund Inc is a closed-end fund that invests in Australian companies listed on the Australian Stock Exchange. IAF aims to achieve long-term capital appreciation and deliver regular income through dividends received on its portfolio of stocks. The fund has returned a positive return of approximately 7% since last year, but risks remain due to the economic backdrop, high valuations, and political and taxation moves in Australia.
Seeking Alpha • Feb 5, 2024

¹ Disclosures

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