Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
The latest announcement is out from Australian Foundation Investment Co. Ltd. ( (AU:AFI) ).
AFIC reported an increase in its net tangible asset backing per share at 30 April 2026, with before-tax NTA rising to $7.69 and after-tax NTA to $6.51, supported by strong contributions from holdings such as Macquarie Group and BHP. The portfolio benefited from gains in Financials, Information Technology and Resources during a volatile month for the S&P/ASX 200, while weakness in Healthcare weighed on performance, and the top 25 holdings now account for 80.8% of portfolio value, underscoring AFIC’s concentrated exposure to major Australian blue chips across banks, materials and industrials.
More about Australian Foundation Investment Co. Ltd.
Australian Foundation Investment Company (AFIC) is a listed investment company focused on a diversified portfolio of primarily ASX-listed Australian equities, benchmarked against the S&P/ASX 200 Accumulation Index. With a $9.6 billion portfolio, it targets long-term capital growth and a growing stream of fully franked dividends through a low-cost, bottom-up investment strategy for medium to long-term investors.
Average Trading Volume: 708,653
Technical Sentiment Signal: Hold
For an in-depth examination of AFI stock, go to TipRanks’ Overview page.