NPORT-EX 2 NPORT_1956_5671770826.htm

 

Statement of Investments

 

July 31, 2021 (unaudited)

Aberdeen Australia Equity Fund, Inc.

 

Shares  Description  Industry and Percentage
of Net Assets		  Value
(US$)		 
           
LONG-TERM INVESTMENTS—104.4%     
COMMON STOCKS—104.4%     
AUSTRALIA—89.0%        
40,000  Afterpay Ltd. (a)  Information Technology Services— 1.9%  $2,843,294 
88,800  Altium Ltd.  Software— 1.5%   2,217,786 
180,800  Aristocrat Leisure Ltd.  Hotels, Restaurants & Leisure— 3.8%   5,540,650 
87,300  ASX Ltd.  Capital Markets— 3.4%   4,945,508 
1,180,100  AusNet Services  Electric Utilities— 1.1%   1,578,242 
276,500  Australia & New Zealand Banking Group Ltd.  Banks— 3.8%   5,629,146 
1,943,200  Beach Energy Ltd.  Oil, Gas & Consumable Fuels— 1.2%   1,709,283 
412,900  BHP Group PLC  Metals & Mining— 9.1%   13,368,189 
162,900  Charter Hall Group  Equity Real Estate Investment Trusts (REIT)— 1.3%   1,946,629 
29,200  Cochlear Ltd.  Health Care— 3.6%   5,282,832 
185,500  Commonwealth Bank of Australia  Banks— 9.2%   13,598,646 
54,400  CSL Ltd.  Biotechnology— 7.9%   11,581,248 
154,800  Endeavour Group Ltd. (a)  Food & Staples Retailing— 0.5%   753,168 
375,300  Goodman Group, REIT  Equity Real Estate Investment Trusts (REIT)— 4.2%   6,242,050 
466,100  Insurance Australia Group Ltd.  Insurance— 1.1%   1,662,184 
56,500  James Hardie Industries PLC  Construction Materials— 1.3%   1,906,228 
47,800  Macquarie Group Ltd.  Capital Markets— 3.8%   5,519,391 
836,200  Medibank Pvt Ltd.  Insurance— 1.4%   2,039,394 
1,414,000  Mirvac Group, REIT  Equity Real Estate Investment Trusts (REIT)— 2.0%   2,967,846 
463,600  National Australia Bank Ltd.  Banks— 6.0%   8,840,732 
127,400  Newcrest Mining Ltd.  Metals & Mining— 1.7%   2,462,329 
325,500  Northern Star Resources Ltd.  Metals & Mining— 1.6%   2,425,355 
217,400  OZ Minerals Ltd.  Metals & Mining— 2.5%   3,685,766 
24,000  Pro Medicus Ltd.  Health Care Technology— 0.7%   1,025,933 
535,700  Sydney Airport (a)  Transportation Infrastructure— 2.1%   3,082,511 
1,792,000  Telstra Corp. Ltd.  Diversified Telecommunication Services— 3.4%   4,991,479 
102,800  Wesfarmers Ltd.  Multiline Retail— 3.2%   4,634,907 
84,300  Westpac Banking Corp.  Banks— 1.0%   1,514,234 
176,400  Woodside Petroleum Ltd.  Oil, Gas & Consumable Fuels— 1.9%   2,833,683 
144,100  Woolworths Group Ltd.  Food & Staples Retailing— 2.8%   4,122,156 
          130,950,799 

 

See accompanying Notes to Portfolio of Investments.

 

 

Statement of Investments (concluded)

 

July 31, 2021 (unaudited)

Aberdeen Australia Equity Fund, Inc.

 

NEW ZEALAND—10.3%        
490,400  Auckland International Airport Ltd. (a)  Transportation Infrastructure— 1.7%  $2,447,065 
120,100  Fisher & Paykel Healthcare Corp. Ltd.  Health Care— 1.8%   2,647,028 
333,900  Mercury NZ Ltd. (a)  Electric Utilities— 1.0%   1,563,308 
442,200  Spark New Zealand Ltd. (a)  Diversified Telecommunication Services— 1.0%   1,456,553 
68,300  Xero Ltd. (a)  Software— 4.8%   7,086,282 
          15,200,236 
UNITED KINGDOM—2.7%        
45,700  Rio Tinto PLC - London Listing  Metals & Mining— 2.7%   3,881,776 
UNITED STATES—2.4%        
133,800  ResMed, Inc.  Health Care— 2.4%   3,570,482 
Total Long-Term Investments—104.4% (cost $116,510,142)   153,603,293 
      
Shares  Description  Value
(US$)		 
        
SHORT-TERM INVESTMENT—0.0%        
28,292  State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.03%(b)   28,292 
Total Short-Term Investment—0.0% (cost $28,292)   28,292 
Total Investments—104.4% (cost $116,538,434)   153,631,585 
Liabilities in Excess of Other Assets—(4.4)%   (6,496,800)
Net Assets—100.0%  $147,134,785 

 

(a) Non-income producing security.
(b) Registered investment company advised by State Street Global Advisors. The rate shown is the 7 day yield as of July 31, 2021.
 
PLC Public Limited Company
REIT Real Estate Investment Trust

 

See accompanying Notes to Portfolio of Investments.

 

 

Notes to Portfolio of Investments (unaudited)

July 31, 2021

 

 

Summary of Significant Accounting Policies 

 

a. Security Valuation:

 

The Fund values its securities at current market value or fair value, consistent with regulatory requirements. "Fair value" is defined in the Fund's Valuation and Liquidity Procedures as the price that could be received to sell an asset or paid to transfer a liability in an orderly transaction between willing market participants without a compulsion to transact at the measurement date.

 

Equity securities that are traded on an exchange are valued at the last quoted sale price on the principal exchange on which the security is traded at the “Valuation Time” subject to application, when appropriate, of the valuation factors described in the paragraph below. The Valuation Time is as of the close of regular trading on the New York Stock Exchange ("NYSE") (usually 4:00 p.m. Eastern Time). In the absence of a sale price, the security is valued at the mean of the bid/ask price quoted at the close on the principal exchange on which the security is traded. Securities traded on NASDAQ are valued at the NASDAQ official closing price. Closed-end funds and exchange-traded funds ("ETFs") are valued at the market price of the security at the Valuation Time. A security using any of these pricing methodologies is determined to be a Level 1 investment.

 

Foreign equity securities that are traded on foreign exchanges that close prior to 4:00 p.m. Eastern time are valued by applying valuation factors to the last sale price or the mean price as noted above. Valuation factors are provided by an independent pricing service provider. These valuation factors are used when pricing a Fund’s portfolio holdings to estimate market movements between the time foreign markets close and the time a Fund values such foreign securities. These valuation factors are based on inputs such as depositary receipts, indices, futures, sector indices/ETFs, exchange rates, and local exchange opening and closing prices of each security.

 

Short-term investments are comprised of cash and cash equivalents invested in short-term investment funds which are redeemable daily. The Fund sweeps available cash into the State Street Institutional U.S. Government Money Market Fund, which has elected to qualify as a “government money market fund” pursuant to Rule 2a-7 under the 1940 Act and has an objective, which is not guaranteed, to maintain a $1.00 per share NAV. Generally, these investment types are categorized as Level 1 investments.

 

In the event that a security’s market quotations are not readily available or are deemed unreliable (for reasons other than because the foreign exchange on which it trades closes before the Valuation Time), the security is valued at fair value as determined by the Fund's Pricing Committee, taking into account the relevant factors and surrounding circumstances using valuation policies and procedures approved by the Board. A security that has been fair valued by the Fund's Pricing Committee may be classified as Level 2 or Level 3 depending on the nature of the inputs.

 

Aberdeen Australia Equity Fund, Inc.