Business Summary: abrdn Emerging Markets ex-China Fund, Inc. (the Fund), formerly abrdn Emerging Markets Equity Income Fund, Inc., is a non-diversified, closed-end management investment company. The Fund seeks to provide both current income and long-term capital appreciation. Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in emerging markets (excluding China) equity securities. An emerging market (excluding China) country is any country included within the MSCI Emerging Markets ex-China Index or determined to be eligible for inclusion in the MSCI Emerging Markets ex-China Index. The Fund may invest in securities of any market capitalization. The Fund will not invest 25% or more of its total assets in the securities of companies in the same industry, although the Fund may invest in United States government securities without regard to this limitation. The Fund's investment adviser is abrdn Investments Limited.
Financial Summary: BRIEF: For the six months ended 30 June 2025, abrdn Emerging Markets Ex-China Fund Inc revenues decreased 28% to $3.8M. Net income increased from $18M to $40.5M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income reflects Realized G/L on Investments Securities increase from $9.8M (expense) to $13.5M (income).