In trading on Thursday, shares of Aberdeen Asia-Pacific Income Fund (Symbol: FAX) crossed above their 200 day moving average of $4.68, changing hands as high as $4.69 per share. Aberdeen Asia-Pacific Income Fund shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of FAX shares, versus its 200 day moving average:
Looking at the chart above, FAX's low point in its 52 week range is $4.23 per share, with $5.59 as the 52 week high point - that compares with a last trade of $4.68.
According to the ETF Finder at ETF Channel, FAX makes up 2.32% of the PowerShares CEF Income Composite Portfolio ETF (Symbol: PCEF) which is trading higher by about 0.4% on the day Thursday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
