Abrdn Asia-Pacific Income Fund VCC (TSE:FAP)
TSX:FAP
Top Page
Abrdn Asia-Pacific Income Fund VCC
(TSX:FAP)
Select Model
Select Model
Rating:59Neutral
Price Target:
C$3.00
▲(7.14% Upside)
Action:ReiteratedDate:03/17/26
The score is driven primarily by moderate financial performance (healthy leverage and cash generation but volatile results) and weak technical momentum (below key moving averages with negative MACD). Valuation is mixed: a high dividend yield supports the score, while a negative P/E limits confidence in earnings-based valuation.
Positive Factors
Balance Sheet Resilience
Moderate, stable leverage and sizable equity provide a durable financial cushion against portfolio drawdowns. For an income fund this supports the ability to weather market stress without forced asset sales, preserves liquidity for distributions, and sustains long-term financial flexibility.
Negative Factors
Revenue & Earnings Volatility
Large recent revenue decline signals material volatility in the fund's reported income base, making distributable income and NAV less predictable. For an income vehicle, persistent swings in revenue can force dividend cuts or more frequent portfolio turnover to stabilize payouts.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance Sheet Resilience
Moderate, stable leverage and sizable equity provide a durable financial cushion against portfolio drawdowns. For an income fund this supports the ability to weather market stress without forced asset sales, preserves liquidity for distributions, and sustains long-term financial flexibility.
Read all positive factors
Abrdn Asia-Pacific Income Fund VCC (FAP) vs. iShares MSCI Canada ETF (EWC)
Market Cap
N/A
Dividend Yield7.29%
Average Volume (3M)74.06K
Price to Earnings (P/E)18.6
Beta (1Y)0.15
Revenue Growth-77.10%
EPS Growth-53.55%
CountryCA
EmployeesN/A
SectorFinancial
Sector Strength70
IndustryAsset Management - Income
Share Statistics
EPS (TTM)N/A
Shares Outstanding33,295,277
10 Day Avg. Volume42,594
30 Day Avg. Volume74,057
Financial Highlights & Ratios
PEG Ratio-0.32
Price to Book (P/B)0.94
Price to Sales (P/S)11.81
P/FCF Ratio3.76
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Abrdn Asia-Pacific Income Fund VCC Business Overview & Revenue Model
Company Description
abrdn Asia-Pacific Income Fund VCC. The firm’s objective is to obtain current income and achieve incidental capital appreciation from investment in long-term debt securities. The company was founded on 15 April 1986 and headquartered in Singapore....
How the Company Makes Money
Abrdn Asia-Pacific Income Fund VCC (FAP) generally makes money for its shareholders through investment returns generated by its underlying portfolio rather than by selling operating products or services. Its distributable income and net asset valu...
Abrdn Asia-Pacific Income Fund VCC Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
70
Positive
Cash Flow
66
Positive
| Breakdown | Oct 2025 | Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 8.52M | 20.58M | 7.63M | -21.39M | -6.97M |
| Gross Profit | 8.52M | 16.91M | 20.54M | -22.95M | -6.97M |
| EBITDA | 0.00 | 15.30M | 6.17M | -23.01M | 0.00 |
| Net Income | 5.40M | 15.30M | 20.66M | -25.09M | -7.18M |
Balance Sheet | |||||
| Total Assets | 154.23M | 176.57M | 187.36M | 188.55M | 261.94M |
| Cash, Cash Equivalents and Short-Term Investments | 4.68M | 3.88M | 9.37M | 1.35M | 14.64M |
| Total Debt | 45.68M | 53.11M | 54.97M | 56.74M | 74.12M |
| Total Liabilities | 47.58M | 55.95M | 60.77M | 58.89M | 77.60M |
| Stockholders Equity | 106.64M | 120.62M | 126.59M | 129.67M | 184.34M |
Cash Flow | |||||
| Free Cash Flow | 26.74M | 23.14M | 30.04M | 39.73M | 11.78M |
| Operating Cash Flow | 26.74M | 23.14M | 30.04M | 39.73M | 11.78M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | -27.20M | -23.35M | -26.94M | -52.85M | -4.15M |
Abrdn Asia-Pacific Income Fund VCC Technical Analysis
Negative
2.80
Price Trends
2.71
Negative
2.75
Negative
2.77
Negative
Market Momentum
-0.02
Positive
36.48
Neutral
16.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FAP, the sentiment is Negative. The current price of 2.8 is above the 20-day moving average (MA) of 2.67, above the 50-day MA of 2.71, and above the 200-day MA of 2.77, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 36.48 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:FAP.
Abrdn Asia-Pacific Income Fund VCC Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ― | 2.10 | 31.56% | 7.79% | -14.09% | 224.31% | |
72 Outperform | ― | 6.38 | 14.47% | 12.97% | 79.03% | -26.89% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
60 Neutral | ― | 3.80 | 12.76% | 2.31% | -54.55% | 13.99% | |
59 Neutral | ― | 18.64 | 4.72% | 7.29% | -77.10% | -53.55% | |
54 Neutral | ― | 3.81 | 61.60% | 16.43% | -0.82% | 149.20% |
* Financial Sector Average
TSE:FAP
Abrdn Asia-Pacific Income Fund VCC
2.63
-0.07
-2.70%
TSE:BGI.UN
Brookfield Global Infrastructure Securities Income Fund
7.29
2.45
50.62%
TSE:CGI
Canadian General Inv
46.16
10.78
30.46%
TSE:LFE
Canadian Life Companies Split Corp. Class A
6.89
1.73
33.48%
TSE:PGI.UN
PIMCO Global Income Opportunities Fund Trust Units
7.07
0.24
3.47%
TSE:UNC
United Corporations
13.50
2.80
26.11%
Abrdn Asia-Pacific Income Fund VCC Corporate Events
DividendsFinancial Disclosures
Abrdn Asia-Pacific Income Fund VCC Maintains Stable Monthly Payout for March
Positive
Mar 10, 2026
Abrdn Asia-Pacific Income Fund VCC has declared a monthly cash distribution of CAD 1.75 cents per share, payable on March 31, 2026, to shareholders of record on March 24, 2026, continuing its board policy of maintaining stable monthly payouts. For...
Executive/Board ChangesShareholder Meetings
abrdn Asia-Pacific Income Fund Shareholders Back All AGM Resolutions
Positive
Mar 7, 2026
abrdn Asia-Pacific Income Fund VCC reported that shareholders approved all resolutions at its March 6 Annual General Meeting in Singapore, including setting the board at three members and re-electing Radhika Ajmera, William J. Braithwaite, and Hen...
DividendsFinancial Disclosures
abrdn Asia-Pacific Income Fund VCC Declares Monthly Distribution and Details Source of Payouts
Positive
Feb 10, 2026
abrdn Asia-Pacific Income Fund VCC has declared a monthly distribution of CAD 1.75 cents per share, payable on February 27, 2026 to shareholders of record on February 20, 2026, and has delivered total distributions of CAD 21.0 cents per ordinary s...
Dividends
abrdn Asia-Pacific Income Fund VCC Declares January Monthly Distribution
Positive
Jan 13, 2026
abrdn Asia-Pacific Income Fund VCC has declared a monthly distribution of CAD 1.75 cents per share, payable on January 30, 2026, to shareholders of record as of January 23, 2026, continuing its board’s policy of maintaining stable monthly pa...
Business Operations and Strategy
abrdn Asia-Pacific Income Fund VCC Skips 2026 Cash Redemption as Discount Trigger Not Met
Neutral
Jan 2, 2026
abrdn Asia-Pacific Income Fund VCC will not conduct a voluntary cash redemption of shares in 2026 because the fund’s average trading discount of 9.08% to net asset value over the 12 months ended December 31, 2025, did not exceed the 12% thre...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.