November 18, 2016 - By Marguerite Chambers · 0 Comments
Aberdeen Indonesia Fund Inc (NYSEMKT:IF) institutional sentiment decreased to 0.78 in 2016 Q2. Its down -0.51, from 1.29 in 2016Q1. The ratio dived, as 9 funds increased and opened new positions, while 7 cut down and sold their equity positions in Aberdeen Indonesia Fund Inc. The funds in our partner’s database now have: 4.51 million shares, down from 4.52 million shares in 2016Q1. Also, the number of funds holding Aberdeen Indonesia Fund Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 4 Increased: 5 New Position: 4.
Aberdeen Indonesia Fund, Inc. is a non-diversified closed-end, management investment company. The company has a market cap of $60.03 million. The Fund’s primary investment objective is long-term capital appreciation with income as a secondary objective, which the Fund seeks to achieve by investing primarily in Indonesian equity and debt securities. It currently has negative earnings. The Firm invests in a range of sectors, including banks, beverages, construction materials, distributors, diversified telecommunication services, gas utilities, machinery, food and staples retailing, food products, metals and mining, pharmaceuticals, specialty retail, tobacco, and textiles, apparel and luxury goods.
The stock decreased 0.24% or $0.01 on November 17, hitting $6.29. Aberdeen Indonesia Fund Inc (NYSEMKT:IF) has risen 0.64% since April 18, 2016 and is uptrending. It has underperformed by 3.79% the S&P500.
City Of London Investment Management Co Ltd holds 1.59% of its portfolio in Aberdeen Indonesia Fund Inc for 3.26 million shares. Gramercy Funds Management Llc owns 144,613 shares or 0.38% of their US portfolio. Moreover, 1607 Capital Partners Llc has 0.32% invested in the company for 760,270 shares. The Texas-based Doliver Capital Advisors Inc. has invested 0.1% in the stock. Thomas J. Herzfeld Advisors Inc., a Florida-based fund reported 15,937 shares.#img1#
More important recent Aberdeen Indonesia Fund Inc (NYSEMKT:IF) news were published by: Prnewswire.com which released: “Aberdeen Indonesia Fund, Inc. Announces Dividend” on September 12, 2016, also Prnewswire.com published article titled: “Aberdeen Indonesia Fund, Inc. Announces Performance Data And Portfolio Composition”, Prnewswire.com published: “Top Rated Aberdeen Asia-Pacific Income Fund, Inc. Featured in Morningstar Report” on August 23, 2012. More interesting news about Aberdeen Indonesia Fund Inc (NYSEMKT:IF) was released by: Marketwatch.com and their article: “Global investors key into Indonesia, Philippines” with publication date: September 25, 2012.
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By Marguerite Chambers