PHILADELPHIA, Nov. 4, 2011 /PRNewswire/ -- Aberdeen Israel
Fund, Inc. (the "Fund") (NYSE AMEX: ISL), a closed-end equity fund,
announced today its performance data and portfolio composition as
of September 30, 2011.
The Fund's total returns for various periods through
September 30, 2011 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
(October 1992)
|
247.2
|
6.8
|
204.6
|
6.1
|
|
|
10-years
|
136.7
|
9.0
|
155.6
|
9.8
|
|
|
5-years
|
30.8
|
5.5
|
27.5
|
5.0
|
|
|
3-years
|
23.5
|
7.3
|
40.5
|
12.0
|
|
|
1-year
|
-10.2
|
-12.0
|
|
|
|
|
|
|
|
|
On September 30, 2011, the Fund's
net assets amounted to US$67.2
million and the Fund's NAV per share was $15.72.
As of September 30, 2011, the
portfolio was invested as follows:
|
|
|
Portfolio
Composition
|
Percent
of
Net
Assets
|
|
|
Materials
|
22.6
|
|
|
Consumer
Discretionary
|
14.5
|
|
|
Financials
|
13.9
|
|
|
Information
Technology
|
12.7
|
|
|
Health Care
|
9.6
|
|
|
Telecommunications
Services
|
9.3
|
|
|
Consumer Staples
|
6.9
|
|
|
Industrials
|
4.9
|
|
|
Other
|
3.3
|
|
|
Cash
|
2.3
|
|
|
|
|
|
The Fund's ten largest equity holdings as of September 30, 2011, representing 72.9% of net
assets, were:
|
|
|
Stock
|
Percent
of
Net
Assets
|
|
|
Check Point Software
Technologies Ltd.
|
13.5
|
|
|
Perrigo Company
|
9.5
|
|
|
Israel Chemicals
Limited
|
9.1
|
|
|
United Mizrahi Bank
Ltd.
|
9.0
|
|
|
Teva Pharmaceutical Industries
Ltd.
|
8.1
|
|
|
Bezeq Israeli Telecommunication
Corporation Ltd.
|
7.4
|
|
|
Bank Leumi Le-Israel
|
4.9
|
|
|
Super Sol
|
4.2
|
|
|
Frutarom Industries
Ltd.
|
3.9
|
|
|
Azrieli Group
|
3.3
|
|
|
|
|
|
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.
Closed-end funds have a one-time initial public offering and
then are subsequently traded on the secondary market through one of
the stock exchanges. The 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 a fund will achieve
its investment objective. Past performance does not guarantee
future results.
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
SOURCE Aberdeen Israel Fund, Inc.