PHILADELPHIA, April 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 March 31,
2018.
The Fund's total returns for various periods through
March 31, 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
03/31/18
|
Annualized as of
03/31/18
|
|
1 Month
|
3 Month
|
YTD
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Since
Inception
|
NAV
|
-3.6
|
-4.6
|
-4.6
|
8.2
|
3.7
|
7.9
|
6.0
|
7.3
|
Market
Price
|
-3.9
|
1.8
|
1.8
|
15.7
|
6.5
|
8.9
|
3.9
|
6.9
|
TA-125
|
-4.8
|
-5.0
|
-5.0
|
8.3
|
1.6
|
4.3
|
3.6
|
n/a¹
|
On March 31, 2018, the Fund's net
assets amounted to US$83.6 million
and the Fund's NAV per share was US$21.19.
As of March 31, 2018, the
portfolio was invested as follows:
Portfolio
Composition
|
Percent
of
Net Assets
|
Information
Technology
|
29.3
|
Financials
|
20.2
|
Health
Care
|
12.8
|
Materials
|
12.5
|
Consumer
Staples
|
6.3
|
Industrials
|
5.4
|
Telecommunications
|
4.7
|
Real
Estate
|
4.4
|
Consumer
Discretionary
|
1.2
|
Cash
|
3.3
|
The Fund's ten largest equity holdings as of March 31, 2018, representing 65.0% of net assets,
were:
Stock
|
Percent
of
Net
Assets
|
Check Point Software
Technologies
|
11.2
|
Frutarom
Industries
|
10.4
|
Nice Systems
Ltd.
|
8.8
|
Perrigo
|
8.0
|
Teva Pharmaceutical
Industries
|
6.7
|
Azrieli
Group
|
4.0
|
Mizrahi Tefahot
Bank
|
4.0
|
Amdocs
Ltd.
|
4.0
|
Bank Leumi
Le-Israel
|
3.9
|
Strauss
Group
|
3.9
|
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.