Half-year Financial Report

Summary by AI ^BETAClose X

Aberdeen Asian Income Fund Limited reported a strong first half of 2026, with a share price total return of 30.9% and a dividend yield of 6.3%, outperforming its benchmark index. The fund's net asset value total return was 28.0%, driven by strong performance in information technology, particularly AI-related stocks in Taiwan and South Korea, though offset by weaker consumer and financial holdings in China. Revenue earnings per share increased to 12.36p from 8.75p in the prior year's comparable period. The company's net gearing increased to 7.6% from 4.7%, and the discount to net asset value narrowed to 5.7% from 7.6%.

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Companies

Aberdeen Asian Income Fund Limited (AAIF)

UK 100

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Dividend yield ^AC		Earnings per Ordinary share - basic (revenue)
As at 30 June 2026	6.3%	Six months ended 30 June 2026	12.36p
As at 31 December 2025	6.2%	Year ended 31 December 2025	14.73p

Net asset value total return ^AB		Ordinary share price total return ^AB
Six months ended 30 June 2026	28.0%	Six months ended 30 June 2026	30.9%
Year ended 31 December 2025	22.2%	Year ended 31 December 2025	30.0%

MSCI AC Asia Pacific ex Japan Index total return (currency adjusted) ^B		Net gearing ^A
Six months ended 30 June 2026	25.7%	As at 30 June 2026	7.6%
Year ended 31 December 2025	21.3%	As at 31 December 2025	4.7%

Discount to net asset value per Ordinary share^A		Ongoing charges^A
As at 30 June 2026	5.7%	Forecast year ending 31 December 2026	0.85%
As at 31 December 2025	7.6%	As at 31 December 2025	0.92%

^A Alternative Performance Measure.
^B Total return represents the capital return plus dividends reinvested.
^C The Company's dividend policy is to set the dividend at 1.5625% per quarter of the Company's net asset value ("NAV"), equating to approximately 6.25% of NAV per annum. The dividend is calculated using the Company's NAV on the last business day of the preceding financial quarter (i.e. the end of March, June, September and December). The second quarterly interim dividend of 5.55p per share is based on 1.5625% of the Company's NAV of 355.08p per share as at 30 June 2026. The annualised share price dividend yield of 6.3% assumes that the remaining dividends for the year will be unchanged, although the actual rates will depend on the NAVs at the relevant quarter ends.

	Six months	1 year	3 year	5 year
Performance (total return) to 30 June 2026	% return	% return	% return	% return
Share price (Ordinary) ^A	30.9	60.1	102.4	93.6
Net asset value ^A	28.0	53.1	84.5	77.8
MSCI AC Asia Pacific ex Japan Index (currency adjusted)	25.7	45.9	78.7	51.0
^A Considered to be an Alternative Performance Measure.

		Valuation	Total assets
Company	Country	£'000	%
Taiwan Semiconductor Manufacturing Company	Taiwan	73,620	13.5
Samsung Electronics^B	South Korea	64,593	11.8
SK Hynix	South Korea	39,015	7.1
Tencent Holdings	Hong Kong	19,024	3.5
MediaTek	Taiwan	17,670	3.2
PICC Property and Casualty 'H'	China	15,420	2.8
HDFC Bank^C	India	14,644	2.7
Region Group	Australia	13,677	2.5
Rio Tinto^D	Australia	11,469	2.1
Sino-American Silicon Products	Taiwan	11,448	2.1
Top ten investments		280,580	51.3
Quanta Computer	Taiwan	10,827	2.0
Dien May Xanh^E	Vietnam	9,952	1.8
Hon Hai Precision Industry	Taiwan	9,350	1.7
DBS Group	Singapore	8,751	1.6
China Resources Mixc Lifestyle Services	China	8,622	1.6
Alibaba	China	8,328	1.5
BHP Group	Australia	8,229	1.5
NetEase	Hong Kong	8,018	1.5
Contemporary Amperex Technology 'A'	China	7,979	1.5
IndiGrid Infrastructure Trust	India	7,813	1.4
Top twenty investments		368,449	67.4
Midea Group^F	China	7,553	1.4
Power Grid Corp of India	India	7,121	1.3
Samsung Fire & Marine Insurance	South Korea	6,962	1.3
Grand Process Technology	Taiwan	6,945	1.3
NTT	Singapore	6,796	1.2
Taiwan Union Technology	Taiwan	6,675	1.2
Ping An Insurance	China	6,543	1.2
SCB X (Alien)	Thailand	6,491	1.2
Aristocrat Leisure	Australia	6,002	1.1
Yutong	China	5,903	1.1
Top thirty investments		435,440	79.7
China Merchants Bank^G	China	5,825	1.1
ANZ Group Holdings	Australia	5,479	1.0
China Construction Bank	China	5,356	1.0
Accton Technology	Taiwan	5,311	1.0
Amcor CDI	Australia	5,087	0.9
Hang Lung Properties	Hong Kong	4,957	0.9
Santos	Australia	4,642	0.8
HD Korea Shipbuilding & Offshore Engineering	South Korea	4,484	0.8
DB Insurance	South Korea	4,456	0.8
Fuyao Glass Industry 'A'	China	4,444	0.8
Top forty investments		485,481	88.8
Shinhan Financial	South Korea	4,203	0.8
Commonwealth Bank of Australia	Australia	4,056	0.7
Hyuandai Motor Group	South Korea	3,792	0.7
Ventia	Australia	3,742	0.7
ASE Technology	Taiwan	3,474	0.7
Bank Mandiri	Indonesia	3,443	0.6
Kweichow Moutai 'A'	China	3,408	0.6
Capitaland India Trust	Singapore	3,374	0.6
SITC International Holdings	Hong Kong	3,331	0.6
PTT Exploration & Production (Alien)	Thailand	3,264	0.6
Top fifty investments		521,568	95.4
Medibank Private	Australia	3,263	0.6
Infosys	India	3,240	0.6
ICICI Prudential Asset	India	3,029	0.6
Insurance Australia	Australia	2,786	0.5
Tingyi^H	Hong Kong	2,733	0.4
Shenzhou International Group	Hong Kong	2,177	0.4
Bank Rakyat Indonesia Persero	Indonesia	1,575	0.3
Total value of investments		540,371	98.8
Net current assets^I		6,314	1.2
Total assets^A		546,685	100.0
^A Net assets excluding borrowings.
^B Comprises Preference and Ordinary shares, split £36,118,000 and £28,475,000 respectively.
^C Comprises American Depositary and Indian share holdings, split £10,036,000 and £4,608,000 respectively.
^D Incorporated in and listing held in United Kingdom.
^E Dien May Xanh is pending issuance, trading is expected to commence August 2026.
^F Comprises A and H shares, split £4,392,000 and £3,161,000 respectively.
^G Comprises H and A shares, split £4,687,000 and £1,138,000 respectively.
^H Incorporated in and listing held in Cayman Islands.
^I Excludes revolving credit facility of £40,657,000.

	Six months ended			Six months ended
	30 June 2026			30 June 2025
	(unaudited)			(unaudited)
	Revenue	Capital	Total	Revenue	Capital	Total
	£'000	£'000	£'000	£'000	£'000	£'000
Investment income
Dividend income	20,802	-	20,802	15,217	-	15,217
Interest Income	129	-	129	142	-	142
Stock lending income	-	-	-	3	-	3
Total revenue	20,931	-	20,931	15,362	-	15,362
Gains/(losses) on investments held at fair value through profit or loss	-	96,996	96,996	-	(7,679)	(7,679)
Net currency (losses)/gains	-	(1,510)	(1,510)	-	1,180	1,180
	20,931	95,486	116,417	15,362	(6,499)	8,863
Expenses
Investment management fee	(581)	(871)	(1,452)	(481)	(622)	(1,103)
Other operating expenses	(570)	-	(570)	(572)	-	(572)
Total operating expenses	(1,151)	(871)	(2,022)	(1,053)	(622)	(1,675)
Profit/(loss) before finance costs and tax	19,780	94,615	114,395	14,309	(7,121)	7,188

Finance costs	(306)	(459)	(765)	(346)	(519)	(865)
Profit/(loss) before tax	19,474	94,156	113,630	13,963	(7,640)	6,323

Tax expense	(1,860)	21	(1,839)	(1,127)	508	(619)
Profit/(loss) for the period	17,614	94,177	111,791	12,836	(7,132)	5,704

Earnings per Ordinary share (pence) (note 3)	12.36	66.08	78.44	8.75	(4.86)	3.89

The Company does not have any income or expense that is not included in profit/(loss) for the period, and therefore the "Profit/(loss) for the period" is also the "Total comprehensive income for the period".

The total columns of this statement represent the Condensed Statement of Comprehensive Income of the Company, prepared in accordance with IFRS. The revenue and capital columns are supplementary to this and are prepared under guidance published by the Association of Investment Companies. All items in the above statement derive from continuing operations.

All of the profit/(loss) and total comprehensive income is attributable to the equity holders of Aberdeen Asian Income Fund Limited. There are no non-controlling interests.

	Year ended
	31 December 2025
	(audited)
	Revenue	Capital	Total
	£'000	£'000	£'000
Investment income
Dividend income	25,722	-	25,722
Interest Income	264	-	264
Stock lending income	3	-	3
Total revenue	25,989	-	25,989
Gains/(losses) on investments held at fair value through profit or loss	-	54,231	54,231
Net currency (losses)/gains	-	122	122
	25,989	54,353	80,342
Expenses
Investment management fee	(1,015)	(1,324)	(2,339)
Other operating expenses	(1,124)	-	(1,124)
Total operating expenses	(2,139)	(1,324)	(3,463)
Profit/(loss) before finance costs and tax	23,850	53,029	76,879

Finance costs	(665)	(998)	(1,663)
Profit/(loss) before tax	23,185	52,031	75,216

Tax expense	(1,804)	552	(1,252)
Profit/(loss) for the period	21,381	52,583	73,964

Earnings per Ordinary share (pence) (note 3)	14.73	36.22	50.95

		As at	As at	As at
		30 June 2026	30 June 2025	31 December 2025
		(unaudited)	(unaudited)	(audited)
	Notes	£'000	£'000	£'000
Non-current assets
Investments held at fair value through profit or loss		540,371	377,718	424,667
Current assets
Cash and cash equivalents		11,970	6,667	8,531
Other receivables		7,316	3,556	13,212
		19,286	10,223	21,743
Creditors: amounts falling due within one year
Bank loans	6	(40,657)	(31,091)	(31,400)
Other payables		(12,972)	(606)	(8,046)
		(53,629)	(31,697)	(39,446)
Net current liabilities		(34,343)	(21,474)	(17,703)
Total assets less current liabilities		506,028	356,244	406,964

Creditors: amounts falling due after more than one year
Deferred tax liability on Indian capital gains		-	(657)	-
		-	(657)	-
Net assets		506,028	355,587	406,964

Stated capital and reserves
Stated capital	7	194,933	194,933	194,933
Capital redemption reserve		1,560	1,560	1,560
Capital reserve		296,770	148,041	202,593
Revenue reserve		12,765	11,053	7,878
Equity shareholders' funds		506,028	355,587	406,964

Net asset value per Ordinary share (pence)	4	355.07	245.99	285.56

Six months ended 30 June 2026 (unaudited)
		Capital
	Stated	redemption	Capital	Revenue
	capital	reserve	reserve	reserve	Total
	£'000	£'000	£'000	£'000	£'000
Opening balance	194,933	1,560	202,593	7,878	406,964
Profit for the period	-	-	94,177	17,614	111,791
Dividends paid (note 5)	-	-	-	(12,727)	(12,727)
Balance at 30 June 2026	194,933	1,560	296,770	12,765	506,028


Six months ended 30 June 2025 (unaudited)
		Capital
	Stated	redemption	Capital	Revenue
	capital	reserve	reserve	reserve	Total
	£'000	£'000	£'000	£'000	£'000
Opening balance	194,933	1,560	167,722	13,680	377,895
Buyback of Ordinary shares for treasury	-	-	(12,549)	-	(12,549)
Profit for the period	-	-	(7,132)	12,836	5,704
Dividends paid (note 5)	-	-	-	(15,463)	(15,463)
Balance at 30 June 2025	194,933	1,560	148,041	11,053	355,587


Year ended 31 December 2025 (audited)
		Capital
	Stated	redemption	Capital	Revenue
	capital	reserve	reserve	reserve	Total
	£'000	£'000	£'000	£'000	£'000
Opening balance	194,933	1,560	167,722	13,680	377,895
Buyback of Ordinary shares for treasury	-	-	(17,712)	-	(17,712)
Profit for the period	-	-	52,583	21,381	73,964
Dividends paid (note 5)	-	-	-	(27,183)	(27,183)
Balance at 31 December 2025	194,933	1,560	202,593	7,878	406,964

The stated capital in accordance with Companies (Jersey) Law 1991 Article 39A is £260,822,000 (30 June 2025 - £260,822,000; 31 December 2025 - £260,822,000). These amounts include proceeds arising from the issue of shares by the Company, but exclude the cost of shares purchased for cancellation or treasury by the Company.

	Six months ended	Six months ended	Year ended
	30 June 2026	30 June 2025	31 December 2025
	(unaudited)	(unaudited)	(audited)
	£'000	£'000	£'000
Cash flows from operating activities
Dividend income received	18,052	14,571	25,042
Interest income received	-	143	290
Investment management fee paid	(1,337)	(1,118)	(2,308)
Other cash expenses	(366)	(462)	(2,280)
Cash generated from operations	16,349	13,134	20,744
Interest paid	(677)	(954)	(2,638)
Overseas taxation paid	(1,831)	(1,085)	(1,755)
Net cash inflows from operating activities	13,841	11,095	16,351

Cash flows from investing activities
Purchases of investments	(537,986)	(288,908)	(667,261)
Sales of investments	532,699	303,893	694,902
Capital gains tax on sales	21	(566)	23
Net cash (outflow)/inflow from investing activities	(5,266)	14,419	27,664

Cash flows from financing activities
Purchase of own shares for treasury	-	(12,549)	(17,712)
Dividends paid	(12,727)	(15,463)	(27,183)
Drawdown of loan	9,127	-	-
Costs associated with loan	(26)	(29)	(60)
Net cash outflow from financing activities	(3,626)	(28,041)	(44,955)
Net decrease/(increase) in cash and cash equivalents	4,949	(2,527)	(940)
Cash and cash equivalents at the start of the period	8,531	9,349	9,349
Foreign exchange	(1,510)	(155)	122
Cash and cash equivalents at the end of the period	11,970	6,667	8,531

1.	Accounting policies - basis of preparation
	The Annual Report is prepared in accordance with International Financial Reporting Standards (IFRS), as issued by the International Accounting Standards Board (IASB), and interpretations issued by the International Financial Reporting Interpretations Committee of the IASB (IFRIC). The condensed Half Yearly Report has been prepared in accordance with International Accounting Standards (IAS) 34 - 'Interim Financial Reporting' and should be read in conjunction with the Annual Report for the year ended 31 December 2025.
	The financial statements have been prepared on a going concern basis. In accordance with the Financial Reporting Council's guidance on 'Going Concern and Liquidity Risk' the Directors have undertaken a review of the Company's assets and liabilities. The Company's assets primarily consist of a diverse portfolio of listed equity shares which, in most circumstances, are realisable within a very short timescale.
	The condensed interim financial statements have been prepared using the same accounting policies as the preceding annual financial statements.
	During the period the following standards, amendments to standards and new interpretations became effective. The adoption of these standards and amendments did not have a material impact on the financial statements:

	Annual Improvements 2023-24 - Minor amendments to IFRS 1, 7, 9, 10, and IAS 7 (effective 1 January 2026)
	IFRS 7 and 9 Amendments - Classification and Measurement of Financial Instruments (effective 1 January 2026)
	IFRS 7 and 9 Amendments - Contracts Referencing Nature-dependent Electricity (effective 1 January 2026)
	IA SORP - 2025 Revision (effective 1 January 2026)

	Future amendments to accounting standards and interpretations
	Standards Issued but not yet effective
	IFRS 18 - Presentation and Disclosure in Financial Statements (effective 1 January 2027)
	IFRS 21 Amendments - Translation to a Hyperinflationary Presentation Currency (effective 1 January 2027)

3.	Earnings per Ordinary share
		Six months ended	Six months ended	Year ended
		30 June 2026	30 June 2025	31 December 2025
		(unaudited)	(unaudited)	(audited)
		p	p	p
	Revenue return	12.36	8.75	14.73
	Capital return	66.08	(4.86)	36.22
	Total return	78.44	3.89	50.95

	The figures above are based on the following:

		Six months ended	Six months ended	Year ended
		30 June 2026	30 June 2025	31 December 2025
		(unaudited)	(unaudited)	(audited)
		£'000	£'000	£'000
	Revenue return	17,614	12,836	21,381
	Capital return	94,177	(7,132)	52,583
	Total return	111,791	5,704	73,964

	Weighted average number of Ordinary shares in issue	142,515,862	146,695,527	145,160,512

4.	Net asset value per share
	Ordinary shares. The basic net asset value per Ordinary share and the net asset values attributable to Ordinary shareholders at the period end calculated in accordance with the Articles of Association were as follows:

		As at	As at	As at
		30 June 2026	30 June 2025	31 December 2025
		(unaudited)	(unaudited)	(audited)
	Attributable net assets (£'000)	506,028	355,587	406,964
	Number of Ordinary shares in issue (excluding shares in issue held in treasury)	142,515,862	144,550,952	142,515,862
	Net asset value per Ordinary share (p)	355.07	245.99	285.56

5.	Dividends on equity shares
		Six months ended	Six months ended	Year ended
		30 June 2026	30 June 2025	31 December 2025
		(unaudited)	(unaudited)	(audited)
		£'000	£'000	£'000
	Amounts recognised as distributions to equity holders in the period:
	Second interim dividend 2025 - 3.84p per Ordinary share	-	-	5,549
	Third interim dividend 2025 - 4.29p per Ordinary share	-	-	6,172
	Fourth interim dividend for 2025 - 4.46p per Ordinary share (2024 - 6.78p)	6,356	10,149	10,148
	First interim dividend for 2026 - 4.47p per Ordinary share (2025 - 3.65p)	6,371	5,314	5,314
		12,727	15,463	27,183

	A second interim dividend of 5.55p for the year to 31 December 2026 will be paid on 21 August 2026 to shareholders on the register on 24 July 2026. The ex-dividend date was 23 July 2026.

6.	Bank loans
	On 26 February 2026, the Company entered into a £50 million evergreen facility with Bank of Nova Scotia, London Branch. Under the terms of the revolving credit facility, the Company has the option to increase the level of the commitment from £50 million to £70 million at any time, subject to the Lender's credit approval.
	At the period end approximately GBP 17.8 million, USD 8.85 million, HKD 95.0 million and HKD 73.5 million, equivalent to £40.7 million was drawn down from the facility. The interest rates attributed to the GBP, USD, HKD and HKD loans at the period end were 4.66%, 4.55%, 3.75% and 3.76% respectively.

7.	Stated capital
	The Company has issued 194,933,389 Ordinary shares of no par value, which are fully paid (30 June 2025 - 194,933,389 ; 31 December 2025 - 194,933,389).
	There were no buybacks by the Company during this period (30 June 2025 - 5,755,540 shares were bought back to treasury at a cost of £12,549,000 ; 31 December 2025 - 7,790,630 shares were bought back for holding in treasury at a cost of £17,712,000). As at 30 June 2026 52,417,527 (30 June 2025 - 50,382,437; 31 December 2025 - 52,417,527) Ordinary shares were held in treasury.

8.	Related party disclosures
	There have been no transactions with related parties during the period which have materially affected the financial position or the performance of the Company.

9.	Fair value hierarchy
	IFRS 13 'Fair Value Measurement' requires an entity to classify fair value measurements using a fair value hierarchy that reflects the significance of the inputs used in making measurements. The fair value hierarchy has the following levels:
	Level 1: quoted prices (unadjusted) in active markets for identical assets or liabilities;
	Level 2: inputs other than quoted prices included within Level 1 that are observable for the assets or liability, either directly (i.e. as prices) or indirectly (i.e. derived from prices); and
	Level 3: inputs for the asset or liability that are not based on observable market data (unobservable inputs).
	The financial assets and liabilities measured at fair value in the Condensed Balance Sheet are grouped into the fair value hierarchy as follows:

		Level 1	Level 2		Level 3		Total
	At 30 June 2026 (unaudited)	£'000	£'000		£'000		£'000
	Financial assets at fair value through profit or loss
	Quoted equities	530,419	-		-		530,419
	Unquoted equities	-	-		9,952		9,952
	Total assets	530,419	-		9,952		540,371

		Level 1	Level 2		Level 3		Total
	At 30 June 2025 (unaudited)	£'000	£'000		£'000		£'000
	Financial assets at fair value through profit or loss
	Quoted equities	377,718	-		-		377,718
	Total assets	377,718	-		-		377,718

		Level 1	Level 2		Level 3		Total
	At 31 December 2025 (audited)	£'000	£'000		£'000		£'000
	Financial assets at fair value through profit or loss
	Quoted equities	424,667	-		-		424,667
	Total assets	424,667	-		-		424,667

		Six months ended		Six months ended		Year ended
		30 June 2026		30 June 2025		31 December 2025
	Level 3 Financial assets at fair value through profit or loss	£'000		£'000		£'000
	Opening fair value	-		-		-
	Purchases	9,952		-		-
	Disposals	-		-		-
	Total gains or losses included in losses on investments in the Statement of Comprehensive Income:
	- assets disposed of during the period	-		-		-
	- assets held at the end of the period end	-		-		-
	Closing balance	9,952		-		-

	The Investment Manager reviews and approves fair value decisions and pricing models. Where a price is unavailable or the price provided is not thought to be a fair reflection of the current market value of the asset, the Investment Manager, at its discretion, may permit some other method of valuation to be used if it considers that it better reflects fair value and is in accordance with accounting practice. The Investment Manager is responsible for determining or approving these unquoted prices, which are regularly reported to the Board of Directors. The investment included within level 3 in the current period (30 June 2025 and 31 December 2025 - N/A), Dien May Xanh, is a manually priced security which has been valued by the Investment Manager at its best estimate of fair value. The Dien May Xanh holding has been valued using the Initial Public Offering price until it is listed on the Ho Chi Minh City Stock Exchange in August 2026.

10.	Half Yearly Financial Report
	The financial information for the six months ended 30 June 2026 and 30 June 2025 has not been audited.

Alternative performance measures are numerical measures of the Company's current, historical or future performance, financial position or cash flows, other than financial measures defined or specified in the applicable financial framework. The Company's applicable financial framework includes IFRS and the AIC SORP. The Directors assess the Company's performance against a range of criteria which are viewed as particularly relevant for closed-end investment companies.

Discount to net asset value per Ordinary share
The discount is the amount by which the share price is lower than the net asset value per share, expressed as a percentage of the net asset value.

		30 June 2026	31 December 2025
NAV per Ordinary share (p)	a	355.07	285.56
Share price (p)	b	335.00	264.00
Discount	(a-b)/a	5.7%	7.6%

Dividend yield
The yield for 30 June 2026 is calculated based on the prospective annual dividend for 2026 per Ordinary share in accordance with the Board's stated target divided by the share price, expressed as a percentage. The yield for 31 December 2025 is calculated based on the annual dividend for 2025 per Ordinary share divided by the share price, expressed as a percentage.

		30 June 2026	31 December 2025
Annual dividend per Ordinary share	a	21.12p	16.24p
Share price	b	335.00p	264.00p
Dividend yield	a/b	6.3%	6.2%

Net gearing
Net gearing measures the total borrowings less cash and cash equivalents dividend by shareholders' funds, expressed as a percentage. Under AIC reporting guidance cash and cash equivalents includes amounts due to and from brokers at the period end as well as cash and cash equivalents.

		30 June 2026	31 December 2025
Borrowings (£'000)	a	40,657	31,400
Cash (£'000)	b	11,970	8,531
Amounts due to brokers (£'000)	c	12,130	7,301
Amounts due from brokers (£'000)	d	2,546	11,138
Shareholders' funds (£'000)	e	506,028	406,964
Net gearing	(a-b+c-d)/e	7.6%	4.7%

Ongoing charges ratio
The ongoing charges ratio has been calculated in accordance with guidance issued by the AIC as the total of investment management fees and administrative expenses and expressed as a percentage of the average published daily net asset values with debt at fair value throughout the year. The ratio for 30 June 2026 is based on forecast ongoing charges for the year ending 31 December 2026.

		30 June 2026	31 December 2025
Investment management fees (£'000)		3,045	2,339
Administrative expenses (£'000)		1,092	1,124
Less: non-recurring charges ^A (£'000)		(49)	(54)
Ongoing charges (£'000)		4,088	3,409
Average net assets (£'000)		481,422	372,177
Ongoing charges ratio		0.85%	0.92%
^A Professional services comprising advisory and legal fees considered unlikely to recur.

Total return
NAV and share price total returns show how the NAV and share price have performed over a period of time in percentage terms, taking into account both capital returns and dividends paid to shareholders. Share price and NAV total returns are monitored against open-ended and closed-ended competitors, and the Reference Index, respectively.

			Share
Six months ended 30 June 2026		NAV	Price
Opening at 1 January 2026	a	285.56p	264.00p
Closing at 30 June 2026	b	355.07p	335.00p
Price movements	c=(b/a)-1	24.3%	26.9%
Dividend reinvestment ^A	d	3.7%	4.0%
Total return	c+d	28.0%	30.9%

			Share
Year ended 31 December 2025		NAV	Price
Opening at 1 January 2025	a	251.42p	220.00p
Closing at 31 December 2025	b	285.56p	264.00p
Price movements	c=(b/a)-1	13.6%	20.0%
Dividend reinvestment ^A	d	8.6%	10.0%
Total return	c+d	22.2%	30.0%
^A NAV total return involves investing the net dividend in the NAV of the Company with debt at fair value on the date on which that dividend goes ex-dividend. Share price total return involves reinvesting the net dividend in the share price of the Company on the date on which that dividend goes ex-dividend.

Half-year Financial Report

Summary by AI BETAClose X

Aberdeen Asian Income Fund Limited

Companies

UK 100

Latest directors dealings

Summary by AI ^BETAClose X