IFN
India FundIFN
IFN
About: India Fund Inc is an asset management company. The fund's investment objective is long-term capital appreciation, which it seeks to achieve by investing primarily in the equity securities of Indian companies. The company's portfolio is non-diversified closed-end management investment company across various sectors such as financials, consumer staples, information technology, materials, healthcare, consumer discretionary, industrials, telecommunication services, utilities and others. Geographically, all the business activity functions through the market of United States.
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
167% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 12
83% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 12
13% more funds holding
Funds holding: 77 [Q2] → 87 (+10) [Q3]
3% less capital invested
Capital invested by funds: $118M [Q2] → $114M (-$4M) [Q3]
5.16% less ownership
Funds ownership: 21.21% [Q2] → 16.05% (-5.16%) [Q3]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for IFN.
Financial journalist opinion
Positive
Seeking Alpha
4 weeks ago
5 Best CEFs This Month For 8.5% Yield (November 2024)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
Positive
Seeking Alpha
1 month ago
5 Best CEFs This Month For 9.5% Yield (October 2024)
For income investors, closed-end funds, or CEFs, remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. CEFs are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
Positive
Seeking Alpha
2 months ago
India Fund: This 10% Yielder Is Still Worth A Look
The abrdn-managed India Fund has undergone some changes. But remains a fund well-equipped to navigate turbulence. Patient investors get paid very well to sit and wait.
Positive
Seeking Alpha
2 months ago
5 Best CEFs This Month For 9% Plus Yield (September 2024)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
Positive
Seeking Alpha
4 months ago
India Fund: A Most Interesting Large-Cap India Play
Don't be fooled by the India Fund's headline underperformance. The case to own IFN long-term is as compelling as it's ever been. In the meantime, investors get paid very well to sit and wait.
Neutral
Accesswire
4 months ago
abrdn U.S. Closed-End Funds Announce Distribution Payment Details
PHILADELPHIA, PA / ACCESSWIRE / August 9, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP)(NYSE:ASGI)(NYSE:AWP)(NYSE:HQH)(NYSE:HQL)(NYSE:IFN)(NYSE:JEQ)(NYSE:THQ)(NYSE:THW)(NYSE American:FAX)(NYSE American:FCO)(NYSE American:IAF)(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 August 30, 2024 to all shareholders of record as of August 23, 2024 (ex-dividend date August 23, 2024). These dates apply to the Funds listed below with the exception of the abrdn Healthcare Investors (HQH), the abrdn Life Sciences Investors (HQL), the abrdn Australia Equity Fund, Inc. (IAF), the India Fund, Inc. (IFN) and the abrdn Japan Equity Fund, Inc. (JEQ) which will pay on September 30, 2024, to all shareholders of record as of August 23, 2024 (ex-dividend date August 23, 2024).
Positive
Seeking Alpha
4 months ago
IFN: India Looks Promising, But This May Not Be The Most Ideal CEF
India's ongoing ascendance in the global landscape is supported by a stable political regime, a prudent central bank, a fast-growing economy, and a young and aspirational middle-class. Whilst there are a plethora of ETFs offering pure-play exposure to Indian equities, IFN is only one out of two CEFs that focuses on India. We gauged the relative structures, the distributions, sector exposure, risk-adjusted return track records, discount to NAVs, valuations, and long-term earnings, and feel that IFN comes up short.
Positive
Seeking Alpha
4 months ago
5 Best CEFs This Month For Nearly 9% Yield (July 2024)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
Neutral
Accesswire
5 months ago
The India Fund Inc. Announces Payment of Distribution
PHILADELPHIA, PA / ACCESSWIRE / July 5, 2024 / The India Fund, Inc. ("IFN") (the "Fund"), today announced that the Fund paid the distribution noted in the table below on July 5, 2024, on a per share basis to all shareholders of record as of May 30, 2024 (ex-dividend date May 30, 2024). Ticker Exchange Fund Amount IFN NYSE The India Fund, Inc. $0.4500 The Fund has adopted a distribution policy to provide investors with a stable distribution out of current income, supplemented by realized capital gains and, to the extent necessary, paid-in capital.
Positive
Seeking Alpha
6 months ago
CEF Report | May 2024 | Activism Is Heating Up
Taxable bond CEF space value shrinking as discounts tighten. Opportunities exist, especially following activists. Focus on top-down assessment, cheap sectors, and specific funds like Cohen & Steers Select Preferred and Income.
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