abrdn Emerging Markets ex-China Fund
Sponsor: abrdn · Inception Sep 26, 1989 · Pays quarterly
Market priceShare price
$8.63
-0.35% ($-0.03)
NAVAsset value per share
$9.46
as of Oct 15, 2026 · Nasdaq NAV symbol
Premium / discountPrice vs. assets
8.77% discount *
Indicative: latest price vs latest reported NAV
Distribution rate (price)Payout rate
12.05%
regular, annualised · on NAV 10.99%
Expense ratioAnnual cost
Not reported
no tagged fee table
LeverageBorrowing
Not reported
senior securities not tagged
Quote status: Market closed — last regular-session price · last trade Oct 16, 2026, 4:00 PM EDT (exchange time, ET) · retrieved Oct 16, 2026, 10:40 PM EDTRegular-session prices; extended-hours quotes are not displayed.
Full portfolio as filed on SEC Form N-PORT for the month ending Jun 30, 2026, filed Aug 28, 2026. 72 positions; weights are percent of net assets as reported. Weights sum to 100.0% — leverage, cash, derivatives and short positions mean totals need not equal 100%. This is a historical report, not a live portfolio.
Top 10 holdings
| # | Security | Type | Country | Weight | Value (USD) |
|---|---|---|---|---|---|
| 1 | Chroma ATE Inc | Equity | Taiwan | 3.24% | $14.9M |
| 2 | Delta Electronics Inc | Equity | Taiwan | 2.72% | $12.6M |
| 3 | ASE Technology Holding Co Ltd | Equity | Taiwan | 2.68% | $12.3M |
| 4 | HDFC Bank Ltd | Equity | India | 2.48% | $11.4M |
| 5 | Grupo Mexico SAB de CV | Equity | Mexico | 2.42% | $11.2M |
| 6 | MediaTek Inc | Equity | Taiwan | 2.36% | $10.9M |
| 7 | Taiwan Semiconductor Manufacturing Co Ltd | Equity | Taiwan | 18.17% | $83.8M |
| 8 | Samsung Electronics Co Ltd | Preferred | South Korea | 10.97% | $50.6M |
| 9 | SK hynix Inc | Equity | South Korea | 10.55% | $48.6M |
| 10 | Accton Technology Corp | Equity | Taiwan | 1.99% | $9.2M |
Asset class
| Asset class | % net assets | Value |
|---|---|---|
| Equity (common) | 86.90% | $401M |
| Equity (preferred) | 12.19% | $56.2M |
| Short-term investment vehicle | 0.91% | $4.2M |
Country (top 12)
| Country (top 12) | % net assets | Value |
|---|---|---|
| Mexico | 4.40% | $20.3M |
| Taiwan | 31.90% | $147M |
| Brazil | 3.76% | $17.3M |
| South Korea | 29.09% | $134M |
| South Africa | 2.59% | $11.9M |
| United Arab Emirates | 2.32% | $10.7M |
| Kazakhstan | 2.21% | $10.2M |
| India | 12.77% | $58.9M |
| Saudi Arabia | 1.91% | $8.8M |
| Greece | 1.59% | $7.3M |
| Indonesia | 1.57% | $7.2M |
| United States | 1.44% | $6.6M |
Region
| Region | % net assets | Value |
|---|---|---|
| Latin America | 8.16% | $37.6M |
| Asia ex-Japan | 75.47% | $348M |
| Middle East | 4.24% | $19.5M |
| Emerging Europe | 4.06% | $18.7M |
| Africa | 2.59% | $11.9M |
| Developed Europe | 2.03% | $9.3M |
| Offshore domiciles | 1.63% | $7.5M |
| United States | 1.44% | $6.6M |
| Canada | 0.39% | $1.8M |
Issuer type
| Issuer type | % net assets | Value |
|---|---|---|
| Corporate | 99.09% | $457M |
| Registered fund | 0.91% | $4.2M |
Fair-value level
| Fair-value level | % net assets | Value |
|---|---|---|
| Level 2 | 85.20% | $393M |
| Level 1 | 14.79% | $68.2M |
| Level 3 | 0.01% | $30.8K |
Level 3 = valued with unobservable inputs (typically private or illiquid).
Long / short
| Long / short | % net assets | Value |
|---|---|---|
| Long | 100.00% | $461M |
All allocation percentages use net assets as the denominator (N-PORT convention). A position's share of invested assets may differ from its share of the whole fund including cash and leverage.
All 72 positions
| Security | Identifier | Type | Issuer | Country | Balance | Units | Value (USD) | Weight | FV level |
|---|---|---|---|---|---|---|---|---|---|
| Chroma ATE Inc | TW0002360005 | Equity | CORP | Taiwan | 215,000 | shares | $14.9M | 3.24% | 2 |
| Delta Electronics Inc | TW0002308004 | Equity | CORP | Taiwan | 200,000 | shares | $12.6M | 2.72% | 2 |
| ASE Technology Holding Co Ltd | TW0003711008 | Equity | CORP | Taiwan | 553,000 | shares | $12.3M | 2.68% | 2 |
| HDFC Bank Ltd | INE040A01034 | Equity | CORP | India | 1,350,944 | shares | $11.4M | 2.48% | 2 |
| Grupo Mexico SAB de CV | MXP370841019 | Equity | CORP | Mexico | 986,849 | shares | $11.2M | 2.42% | 1 |
| MediaTek Inc | TW0002454006 | Equity | CORP | Taiwan | 80,000 | shares | $10.9M | 2.36% | 2 |
| Taiwan Semiconductor Manufacturing Co Ltd | TW0002330008 | Equity | CORP | Taiwan | 1,062,000 | shares | $83.8M | 18.17% | 2 |
| Samsung Electronics Co Ltd | KR7005931001 | Preferred | CORP | South Korea | 358,571 | shares | $50.6M | 10.97% | 2 |
| SK hynix Inc | KR7000660001 | Equity | CORP | South Korea | 27,568 | shares | $48.6M | 10.55% | 2 |
| Accton Technology Corp | TW0002345006 | Equity | CORP | Taiwan | 115,000 | shares | $9.2M | 1.99% | 2 |
| Samsung C&T Corp | KR7028260008 | Equity | CORP | South Korea | 25,016 | shares | $7.7M | 1.68% | 2 |
| NAC Kazatomprom JSCrestricted | 63253R201 | Equity | CORP | Kazakhstan | 104,639 | shares | $7.2M | 1.56% | 1 |
| Al Rajhi Bank | SA0007879113 | Equity | CORP | Saudi Arabia | 377,814 | shares | $6.6M | 1.44% | 2 |
| PRIO SA/Brazil | BRPRIOACNOR1 | Equity | CORP | Brazil | 637,255 | shares | $6.4M | 1.40% | 1 |
| Shinhan Financial Group Co Ltd | KR7055550008 | Equity | CORP | South Korea | 93,962 | shares | $5.9M | 1.28% | 2 |
| HD Hyundai Electric Co Ltd | KR7267260008 | Equity | CORP | South Korea | 9,173 | shares | $5.9M | 1.28% | 2 |
| Bharti Airtel Ltd | INE397D01024 | Equity | CORP | India | 286,690 | shares | $5.6M | 1.22% | 2 |
| Itausa SA | BRITSAACNPR7 | Preferred | CORP | Brazil | 2,168,107 | shares | $5.6M | 1.22% | 1 |
| Samsung E&A Co Ltd | KR7028050003 | Equity | CORP | South Korea | 169,210 | shares | $5.3M | 1.14% | 2 |
| Multiplan Empreendimentos Imobiliarios SA | BRMULTACNOR5 | Equity | CORP | Brazil | 929,643 | shares | $5.3M | 1.14% | 1 |
| Cholamandalam Investment and Finance Co Ltd | INE121A01024 | Equity | CORP | India | 267,253 | shares | $5.1M | 1.10% | 2 |
| National Bank of Greece SA | GRS003003035 | Equity | CORP | Greece | 291,279 | shares | $5M | 1.09% | 2 |
| Abu Dhabi Islamic Bank PJSC | AEA000801018 | Equity | CORP | United Arab Emirates | 891,206 | shares | $5M | 1.09% | 2 |
| HD Korea Shipbuilding & Offshore Engineering Co Ltd | KR7009540006 | Equity | CORP | South Korea | 20,993 | shares | $4.8M | 1.04% | 2 |
| NU Holdings Ltd/Cayman Islands | KYG6683N1034 | Equity | CORP | Cayman Islands | 356,197 | shares | $4.8M | 1.03% | 1 |
| SBI Life Insurance Co Ltdrestricted | INE123W01016 | Equity | CORP | India | 236,879 | shares | $4.4M | 0.97% | 2 |
| Indian Hotels Co Ltd/The | INE053A01029 | Equity | CORP | India | 577,728 | shares | $4.4M | 0.95% | 2 |
| Mahindra & Mahindra Ltd | INE101A01026 | Equity | CORP | India | 131,784 | shares | $4.3M | 0.93% | 2 |
| State Street Global Advisors | 857492706 | Short-term inv. | RF | United States | 4,216,638 | shares | $4.2M | 0.91% | 1 |
| Rio Tinto PLC | GB0007188757 | Equity | CORP | United Kingdom | 43,566 | shares | $4.1M | 0.89% | 2 |
| Bank Negara Indonesia Persero Tbk PT | ID1000096605 | Equity | CORP | Indonesia | 23,052,100 | shares | $4.1M | 0.89% | 2 |
| Larsen & Toubro Ltd | INE018A01030 | Equity | CORP | India | 87,675 | shares | $3.8M | 0.83% | 2 |
| Grupo Aeroportuario del Centro Norte SAB de CV | 400501102 | Equity | CORP | Mexico | 32,763 | shares | $3.7M | 0.80% | 1 |
| ITC Ltd | INE154A01025 | Equity | CORP | India | 1,193,041 | shares | $3.6M | 0.79% | 2 |
| Torrent Pharmaceuticals Ltd | INE685A01028 | Equity | CORP | India | 70,854 | shares | $3.5M | 0.75% | 2 |
| Gold Fields Ltd | ZAE000018123 | Equity | CORP | South Africa | 98,514 | shares | $3.3M | 0.72% | 2 |
| Naspers Ltd | ZAE000351946 | Equity | CORP | South Africa | 65,572 | shares | $3.3M | 0.71% | 2 |
| Telkom Indonesia Persero Tbk PT | ID1000129000 | Equity | CORP | Indonesia | 23,633,500 | shares | $3.1M | 0.68% | 2 |
| Grupo Financiero Banorte SAB de CV | MXP370711014 | Equity | CORP | Mexico | 294,742 | shares | $3.1M | 0.68% | 1 |
| Aldar Properties PJSC | AEA002001013 | Equity | CORP | United Arab Emirates | 1,335,017 | shares | $3M | 0.65% | 2 |
| Kaspi.KZ JSC | 48581R205 | Equity | CORP | Kazakhstan | 34,696 | shares | $3M | 0.65% | 1 |
| NTPC Ltd | INE733E01010 | Equity | CORP | India | 793,039 | shares | $3M | 0.65% | 2 |
| UltraTech Cement Ltd | INE481G01011 | Equity | CORP | India | 24,039 | shares | $2.9M | 0.62% | 2 |
| Valterra Platinum Ltd | ZAE000013181 | Equity | CORP | South Africa | 42,027 | shares | $2.8M | 0.61% | 2 |
| Credicorp Ltd | BMG2519Y1084 | Equity | CORP | Bermuda | 7,128 | shares | $2.8M | 0.60% | 1 |
| Zabka Group SA | LU2910446546 | Equity | CORP | Luxembourg | 373,278 | shares | $2.7M | 0.59% | 2 |
| Emirates Central Cooling Systems Corp | AEE01134E227 | Equity | CORP | United Arab Emirates | 6,029,675 | shares | $2.7M | 0.58% | 2 |
| Sanlam Ltd | ZAE000070660 | Equity | CORP | South Africa | 466,787 | shares | $2.5M | 0.55% | 1 |
| SK Square Co Ltd | KR7402340004 | Equity | CORP | South Korea | 2,206 | shares | $2.5M | 0.54% | 2 |
| MercadoLibre Inc | 58733R102 | Equity | CORP | United States | 1,399 | shares | $2.4M | 0.52% | 1 |
| Arca Continental SAB de CV | MX01AC100006 | Equity | CORP | Mexico | 194,582 | shares | $2.3M | 0.50% | 1 |
| GEK TERNA SA | GRS145003000 | Equity | CORP | Greece | 45,268 | shares | $2.3M | 0.49% | 2 |
| Electrical Industries Co | SA13LG50KBH9 | Equity | CORP | Saudi Arabia | 568,532 | shares | $2.2M | 0.47% | 2 |
| Makalot Industrial Co Ltd | TW0001477008 | Equity | CORP | Taiwan | 269,000 | shares | $1.9M | 0.40% | 2 |
| KEI Industries Ltd | INE878B01027 | Equity | CORP | India | 32,043 | shares | $1.8M | 0.40% | 2 |
| Capstone Copper Corp | 14071L108 | Equity | CORP | Canada | 193,684 | shares | $1.8M | 0.39% | 1 |
| Metlen Energy & Metals PLC | GB00BTQGS779 | Equity | CORP | United Kingdom | 37,651 | shares | $1.8M | 0.39% | 2 |
| JB Chemicals & Pharmaceuticals Ltd | INE572A01036 | Equity | CORP | India | 69,750 | shares | $1.7M | 0.37% | 2 |
| Cholamandalam Financial Holdings Ltd | INE149A01033 | Equity | CORP | India | 95,665 | shares | $1.7M | 0.36% | 2 |
| 360 ONE WAM Ltd | INE466L01038 | Equity | CORP | India | 142,548 | shares | $1.6M | 0.35% | 2 |
| Poya International Co Ltd | TW0005904007 | Equity | CORP | Taiwan | 72,750 | shares | $1.5M | 0.33% | 2 |
| Hyundai Mobis Co Ltd | KR7012330007 | Equity | CORP | South Korea | 4,179 | shares | $1.4M | 0.30% | 2 |
| Coca-Cola Icecek AS | TRECOLA00011 | Equity | CORP | Türkiye | 672,121 | shares | $1.2M | 0.26% | 1 |
| Samsung Biologics Co Ltdrestricted | KR7207940008 | Equity | CORP | South Korea | 1,285 | shares | $1.2M | 0.25% | 2 |
| CSG NV | NL0015073TS8 | Equity | CORP | Netherlands | 50,962 | shares | $744K | 0.16% | 1 |
| Krung Thai Bank PCL | TH0150010Z11 | Equity | CORP | Thailand | 581,500 | shares | $667K | 0.14% | 2 |
| Samsung Episholdings Co Ltd | KR70126Z0002 | Equity | CORP | South Korea | 957 | shares | $268K | 0.06% | 2 |
| TELESOFT PARTNERS II QP | — | Equity | CORP | United States | 2,400,000 | shares | $23.8K | 0.01% | 3 |
| EMERGING MARKETS VENTURES LP | — | Equity | CORP | United States | 11,723,413 | shares | $4.5K | 0.00% | 3 |
| BPA ISRAEL VENTURES LLC | — | Equity | CORP | Israel | 3,349,175 | shares | $2.6K | 0.00% | 3 |
| Sberbank of Russia PJSCrestricted | RU0009029540 | Equity | CORP | Russia | 730,234 | shares | $0 | 0.00% | 3 |
| Novatek PJSCrestricted | RU000A0DKVS5 | Equity | CORP | Russia | 20,251 | shares | $0 | 0.00% | 3 |
Equities show share counts; bonds and loans show principal amount. Coupon, maturity and ratings are shown where the filing discloses them. Source: SEC N-PORT via market-data vendor re-serve, position-level.
Holdings reports on file
| Report date | Filed | Positions | Σ weight | Net assets (calc.) | Coverage |
|---|---|---|---|---|---|
| Jun 30, 2026 | Aug 28, 2026 | 72 | 100.0% | $461M | full |
| Mar 31, 2026 | May 29, 2026 | 72 | 100.0% | $357M | full |
| Dec 31, 2025 | Feb 27, 2026 | 71 | 100.0% | $347M | full |
Net assets here are calculated from position values ÷ reported weights (median across positions), not a reported figure.
CEF Explorer research page for abrdn Emerging Markets ex-China Fund, Inc.. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.