Aberdeen Latin America Equity Fund, Inc. (the “Fund”) (NYSE AMEX: LAQ), a closed-end equity fund, announced today its performance data and portfolio composition as of April 30, 2011. The Fund’s total returns for various periods through April 30, 2011 are provided below. (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees):
NAV Total Return %
Market Price Total Return %
On April 30, 2011, the Fund’s net assets amounted to US$324.4 million and the Fund’s NAV per share was $43.55.
Gregg Greenberg breaks down today's market action with guests Sima Kamil, head of investment banking at Habib, Robert Stimpson, portfolio manager for the River Oak Discovery Fund and Nick Robinson, Latin American fund manager at Aberdeen asset management.