PHILADELPHIA, March 23, 2018 /PRNewswire/ -- Aberdeen
Israel Fund, Inc. (the "Fund") (NYSE American: ISL), a
closed-end equity fund, announced today its performance data and
portfolio composition as of February 28,
2018.
The Fund's total returns for various periods through
February 28, 2018 are provided
below. (All figures are based on distributions reinvested at
the dividend reinvestment price and are stated
net-of-fees):
|
Cumulative as of
02/28/18
|
Annualized as of
02/28/18
|
|
1
Month
|
3
Month
|
YTD
|
1
Year
|
3
Years
|
5
Years
|
10
Years
|
Since
Inception
|
NAV
|
-5.1
|
1.5
|
-1.1
|
12.5
|
6.9
|
9.1
|
6.1
|
7.5
|
Market
Price
|
-4.5
|
3.4
|
6.0
|
24.2
|
9.9
|
10.5
|
4.3
|
7.1
|
TA-125
|
-5.1
|
3.0
|
-0.3
|
12.7
|
5.2
|
5.9
|
3.3
|
n/a¹
|
On February 28, 2018, the Fund's
net assets amounted to US$86.7
million and the Fund's NAV per share was US$21.97.
As of February 28, 2018, the
portfolio was invested as follows:
Portfolio
Composition
|
Percent of
Net Assets
|
Information
Technology
|
29.2
|
Financials
|
19.6
|
Materials
|
12.8
|
Health
Care
|
12.5
|
Consumer
Staples
|
7.0
|
Industrials
|
5.6
|
Telecommunications
|
4.9
|
Real
Estate
|
4.7
|
Consumer
Discretionary
|
2.4
|
Cash
|
1.3
|
The Fund's ten largest equity holdings as of February 28, 2018, representing 66.6% of net
assets, were:
Stock
|
Percent
of
Net
Assets
|
Check Point Software
Technologies
|
11.2
|
Frutarom
Industries
|
10.0
|
Nice Systems
Ltd.
|
8.4
|
Perrigo
|
6.5
|
Teva Pharmaceutical
Industries
|
5.8
|
Elbit Systems
Ltd.
|
5.6
|
Amdocs
Ltd.
|
4.8
|
Bank Leumi
Le-Israel
|
4.8
|
Bezeq Israeli
Telecommunication
|
4.7
|
Bank
Hapoalim
|
4.7
|
Important Information
Aberdeen Asset Management Inc.
(the "Administrator") has prepared this report based on information
sources believed to be accurate and reliable. However, the
figures are unaudited and neither the Fund, the Administrator,
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. The Investment Adviser and the Administrator are
each a subsidiary of Aberdeen Asset Management PLC ("Aberdeen
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's portfolio. 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@aberdeenstandard.com
¹ There is no since inception figure for the
TA-125 Index because the inception date of the index is
January 1, 1999.
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SOURCE Aberdeen Israel Fund, Inc.