Karpus Management Inc. purchased a new position in shares of Aberdeen Indonesia Fund Inc (NYSEAMERICAN:IF) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 484,001 shares of the company’s stock, valued at approximately $3,755,000. Karpus Management Inc. owned about 5.23% of Aberdeen Indonesia Fund at the end of the most recent quarter.
Aberdeen Indonesia Fund Inc (IF) remained flat at $$7.60 during trading on Friday. The company’s stock had a trading volume of 2,675 shares, compared to its average volume of 15,579. Aberdeen Indonesia Fund Inc has a 12 month low of $5.97 and a 12 month high of $8.05.
In other Aberdeen Indonesia Fund news, major shareholder City Of London Investment Grou sold 9,400 shares of the business’s stock in a transaction that occurred on Thursday, October 5th. The stock was sold at an average price of $8.01, for a total transaction of $75,294.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Aberdeen Indonesia Fund Company Profile
Aberdeen Indonesia Fund, Inc (the Fund) is a non-diversified closed-end, management investment company. The Fund’s primary investment objective is long-term capital appreciation with income as a secondary objective, which the Fund seeks to achieve by investing primarily in Indonesian equity and debt securities.
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