Aberdeen Israel Fund, Inc. Announces Performance Data and Portfolio Composition
PHILADELPHIA, April 30 /PRNewswire-FirstCall/ -- Aberdeen Israel Fund, Inc. (the "Fund") (NYSE Amex: ISL), a closed-end equity fund, announced today its performance data and portfolio composition as of March 31, 2010.
The Fund's total returns for various periods through March 31, 2010 are provided below. (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees):
Period |
NAV Total Return % |
Market Price Total Return % |
|||
Cumulative |
Annualized |
Cumulative |
Annualized |
||
Since inception |
288.8 |
8.1 |
252.3 |
7.5 |
|
10-years |
75.4 |
5.8 |
101.7 |
7.3 |
|
5-years |
71.0 |
11.3 |
64.1 |
10.4 |
|
3-years |
28.2 |
8.6 |
31.9 |
9.7 |
|
1-year |
87.8 |
104.1 |
|||
On March 31, 2010, the Fund's net assets amounted to US$76.8 million and the Fund's NAV per share was $17.97.
As of March 31, 2010, the portfolio was invested as follows:
Portfolio Composition |
Percent of |
|
Financials |
27.5 |
|
Consumer, Non-Cyclical |
25.7 |
|
Basic Materials |
14.1 |
|
Communications |
11.0 |
|
Technology |
8.9 |
|
Other |
4.3 |
|
Industrials |
3.2 |
|
Consumer, Cyclical |
2.7 |
|
Cash |
2.6 |
|
The Fund's ten largest equity holdings as of March 31, 2010, representing 72.9% of net assets, were:
Stock |
Percent of |
|
Teva Pharmaceutical Industries Limited |
11.8 |
|
Bezeq The Israeli Telecommunication Corporation Limited |
10.2 |
|
Israel Chemicals Limited |
9.3 |
|
Check Point Software Technologies |
8.8 |
|
United Mizrahi Bank Limited |
8.8 |
|
Perrigo Company |
6.8 |
|
Bank Hapoalim BM |
4.6 |
|
Bank Leumi Le-Israel BM |
4.6 |
|
Harel Insurance Investments & Financial Services |
4.5 |
|
Super Sol |
3.5 |
|
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 Management Investment Services 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.
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: [email protected]
SOURCE Aberdeen Israel Fund, Inc.
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