Aberdeen Israel Fund, Inc. Announces Performance Data And Portfolio Composition

18 Nov, 2015, 16:01 ET from Aberdeen Israel Fund, Inc.

PHILADELPHIA, Nov. 18, 2015 /PRNewswire/ -- Aberdeen Israel Fund, Inc. (the "Fund") (NYSE MKT: ISL), a closed-end equity fund, announced today its performance data and portfolio composition as of October 31, 2015.

The Fund's total returns for various periods through October 31, 2015 are provided below.  (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees):    

 


Cumulative as of
10/31/15

Annualized as of 10/31/15


1
Month

3
Month

YTD

1
Year

3
Years

5
Years

10
Years

Since
Inception

NAV

5.2

-6.5

9.0

10.9

14.6

6.3

8.5

7.6

Market Price

6.5

-6.6

8.0

8.9

14.5

5.1

8.1

6.8

TA-100

6.7

-9.4

6.7

4.3

8.5

1.8

7.9

n/a¹

 

On October 31, 2015, the Fund's net assets amounted to US$85.0 million and the Fund's NAV per share was US$21.06.

¹ There is no since inception figure for the TA-100 Index because the inception date of the index is January 1, 1999.  

As of October 31, 2015, the portfolio was invested as follows:

 

Portfolio Composition

Percent of 
Net Assets

Information Technology

25.1

Health Care

22.0

Financials

17.5

Consumer Staples

10.9

Materials

10.3

Telecommunications

5.2

Industrials

4.6

Consumer Discretionary

3.0

Cash

1.4

 

The Fund's ten largest equity holdings as of October 31, 2015, representing 73.0% of net assets, were:

 

Stock

Percent of

Net Assets

Check Point Software Technologies

12.8

Teva Pharmaceutical Industries

11.6

Perrigo

10.3

Frutarom Industries

8.3

Osem Investments

5.5

Bezeq Israeli Telecommunication

5.5

Rami Levy

5.2

Elbit Systems Ltd.

4.6

Mizrahi Tefahot Bank

4.6

Nice Systems Ltd.

4.6

 

Important Information
Aberdeen Asset Management Inc. has prepared this report based on information sources believed to be accurate and reliable.  However, the figures are unaudited and neither the Fund, Aberdeen Asset Managers Limited (the Investment Adviser), nor any other person guarantees their accuracy.  Investors should seek their own professional advice and should consider the investment objectives, risks, charges and expenses before acting on this information. Aberdeen is a U.S. registered service mark of Aberdeen Asset Management PLC.

Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the Fund. There is no assurance that the Fund will achieve its investment objective.

Total return figures with distributions reinvested at the dividend reinvestment price are stated net-of-fees and represents past performance.  Past performance is not indicative of future results, current performance may be higher or lower.  Holdings are subject to change and are provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities shown.  Inception date October 29, 1992.

If you wish to receive this information electronically, please contact: InvestorRelations@aberdeen-asset.com

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SOURCE Aberdeen Israel Fund, Inc.



RELATED LINKS

http://www.aberdeenisl.com