abrdn Asian Income Fund | Research

The abrdn Asian Income Fund has introduced an enhanced dividend policy, offering a 6.25% annual payout of average NAV, delivering a notional 7.1% yield. With 16 consecutive years of dividend growth and a focus on Asia’s robust dividend potential, AAIF continues to provide competitive income and long-term opportunities for shareholders.

Yoojeong Oh, Fund Manager, abrdn Asian Income Fund, delivers the fund's full 2023 results. Highlights include positive absolute NAV growth ahead of the benchmark and a 17.5% increase in dividend to pay a fully covered dividend per share of 11.75p. This is the fund's 15th consecutive year of dividend growth. Watch here for a deeper look into the fund's performance during a challenging year.

Fund manager, Yoojeong Oh, explains that, contrary to popular belief, Asia is a rich hunting ground for dividends. The fund is well diversified with exposure to traditional yield companies such as banks and real estate, as well as having exposure to sustainable income in growth sectors such as EVs, generative AI, and renewable energies.

abrdn Asian Income Fund is positioned more defensively as the management team, lead by Yoojeong Oh, look to navigate tricky economic conditions in the region. Yoojeong explains how the trust seeks how high quality businesses where the shape of the balance sheets give management teams strong positioning and optionality through the cycle.