| Business Summary | | Aberdeen
Asia-Pacific
Prime
Income
Fund,
Inc.,
formerly
known
as
The
First
Australia
Prime
Income
Fund,
Inc.,
was
incorporated
as
a
closed-end,
non-diversified
management
investment
company.
The
Fund's
investment
objective
is
current
income
through
investment
primarily
in
Australian
debt
securities.
The
Fund
has
agreements
with
EquitiLink
International
Management
Limited
(the
Investment
Manager),
EquitiLink
Australia
Limited
(the
Investment
Adviser)
and
Prudential
Investments
Fund
Management
LLC
(the
Administrator). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Aberdeen
Asia-Pacific
Prime
Income
Fund,
Inc.,
is
a
closed-end,
non-diversified
management
investment
company.
The
portfolio
consists
primarily
of
Australian
government
and
semi-government
securities.
For
the
six
months
ended
4/30/01,
investment
income
totaled
$82.5
million.
Net
investment
income
totaled
$72.7
million.
Net
increase
in
net
assets
from
operations
applicable
to
Common
totaled
$40.7
million.
Net
asset
value
per
share
totaled
$4.67
as
of
4/30/01. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Laurence Freedman, 56 | Chairman
and VP | Brian Sherman, 56 | Pres | Ouma Sananikome-Fletcher, 41 | Assistant
VP and CIO | David Manor, 59 | Treasurer | Barry Sechos, 38 | Assistant
Treasurer |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|