Added to YB: 2025-05-09
Pitch date: 2025-05-08
FAP.TO [neutral]
abrdn Asia-Pacific Income Fund VCC
+2.86%
current return
Author Info
Liquidation stocks is focused on liquidation and wind downs of listed stocks. I cover USA, Canada, UK, Europe, Australia, NZL, Japan, Hong Kong and other countries. Sign up for the newsletter.
Company Info
ABRDN Asia-Pacific Income Fund VCC is a close ended fixed income mutual fund launched by Aberdeen Standard Investments (Asia) Limited.
Market Cap
CAD 96.2M
Pitch Price
CAD 2.79
Price Target
3.14 (+9%)
Dividend
7.27%
EV/EBITDA
N/A
P/E
7.30
EV/Sales
6.43
Sector
Capital Markets
Category
special_situation
Liquidations: Watchlist - Potential Liquidations - abrdn Asia-Pacific Income Fund VCC
FAP.TO (liquidation watchlist): Activist-pressured Asia-Pacific bond fund with 17% Almitas & 13% Saba ownership. 50% of units sought redemption in March '24 when 10% redemption cap was removed. Board signaled 2026 wind-up likely if large redemptions continue. Currently trading below $3.14 NAV.
Read full article (1 min)