# EDGAR Filing Document

**Accession Number:** 0000779336
**File Stem:** 0001410368-25-042523
**Filing Date:** 2025-12
**Character Count:** 14827
**Document Hash:** 2703cd5f87289face33138bd556ee760
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-042523.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0001410368-25-042523

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ABRDN AUSTRALIA EQUITY FUND, INC.
- **CENTRAL INDEX KEY:** 0000779336

**ORGANIZATION NAME:**
- **EIN:** 133304681
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04438
- **FILM NUMBER:** 251601104

**BUSINESS ADDRESS:**
- **STREET 1:** 1900 MARKET STREET
- **STREET 2:** SUITE 200
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19103
- **BUSINESS PHONE:** 215-405-5700

**MAIL ADDRESS:**
- **STREET 1:** 1900 MARKET STREET
- **STREET 2:** SUITE 200
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ABERDEEN AUSTRALIA EQUITY FUND INC
- **DATE OF NAME CHANGE:** 20010531

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST AUSTRALIA FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** ABRDN AUSTRALIA EQUITY FUND, INC.

- **b. Investment Company Act file number:** 811-04438

- **c. CIK number of Registrant:** 0000779336

- **d. LEI of Registrant:** 5493003SC25JJLM4UH12

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1900 Market Street

  - **City:** PHILADELPHIA

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19103

  - **Telephone number:** 215-405-5700

**Item A.2. Information about the Series.**

- **a. Name of Series:** ABRDN AUSTRALIA EQUITY FUND, INC.

- **c. LEI of Series:** 5493003SC25JJLM4UH12

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $151656862.32

**Total Liabilities:** $10958467.60

**Net Assets:** $140698394.72

**Cash Not Reported:** $562349.17

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 6.74%                | -0.86%               | -1.53%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $428352.20               | $4144053.01                                |
| Month 2  | $849143.49               | $-635263.70                                |
| Month 3  | $2277051.57              | $-4514046.82                               |

### Schedule of Portfolio Investments

| Name                           | Title                                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Rio Tinto PLC                  | Rio Tinto PLC                                              | CUSIP: 000000000<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |     36137 | NS      | $2605114.82   | 1.85%             |  |  |  | No            |                  2 | On Loan: No      |
| ANZ Group Holdings Ltd         | ANZ Group Holdings Ltd                                     | CUSIP: 000000000<br>LEI: 9845005D9C6BAA10BK72 | Long             | EC               | CORP              | AU        |    337818 | NS      | $8091315.69   | 5.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Amcor PLC                      | Amcor PLC                                                  | CUSIP: 000000000<br>LEI: 549300GSODGFCDQ3DI89 | Long             | EC               | CORP              | JE        |     95423 | NS      | $758275.36    | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Westpac Banking Corp           | Westpac Banking Corp                                       | CUSIP: 000000000<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | EC               | CORP              | AU        |    208548 | NS      | $5277195.38   | 3.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Telstra Group Ltd              | Telstra Group Ltd                                          | CUSIP: 000000000<br>LEI: 894500WRW54CVN62K416 | Long             | EC               | CORP              | AU        |   1453725 | NS      | $4644412.21   | 3.30%             |  |  |  | No            |                  2 | On Loan: No      |
| BHP Group Ltd                  | BHP Group Ltd                                              | CUSIP: 000000000<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | AU        |    438969 | NS      | $12514214.33  | 8.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Mirvac Group                   | Mirvac Group                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |   3557763 | NS      | $5355952.80   | 3.81%             |  |  |  | No            |                  2 | On Loan: No      |
| CSL Ltd                        | CSL Ltd                                                    | CUSIP: 000000000<br>LEI: 529900ECSECK5ZDQTE14 | Long             | EC               | CORP              | AU        |     47153 | NS      | $5495036.17   | 3.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Transurban Group               | Transurban Group                                           | CUSIP: 000000000<br>LEI: 549300ZR71SUQ4VUTM79 | Long             | EC               | CORP              | AU        |    274223 | NS      | $2594613.31   | 1.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Cochlear Ltd                   | Cochlear Ltd                                               | CUSIP: 000000000<br>LEI: 5493001OLLWY8KV5UC08 | Long             | EC               | CORP              | AU        |     13833 | NS      | $2597004.39   | 1.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Origin Energy Ltd              | Origin Energy Ltd                                          | CUSIP: 000000000<br>LEI: ZSN2LWNPYW6ISMRUC664 | Long             | EC               | CORP              | AU        |    273885 | NS      | $2194864.94   | 1.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Commonwealth Bank of Australia | Commonwealth Bank of Australia                             | CUSIP: 000000000<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | EC               | CORP              | AU        |    146928 | NS      | $16486055.19  | 11.72%            |  |  |  | No            |                  2 | On Loan: No      |
| ResMed Inc                     | ResMed Inc                                                 | CUSIP: 000000000<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |    213627 | NS      | $5535031.06   | 3.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Aristocrat Leisure Ltd         | Aristocrat Leisure Ltd                                     | CUSIP: 000000000<br>LEI: 529900TE2HO3OZKYKC27 | Long             | EC               | CORP              | AU        |    181063 | NS      | $7491504.54   | 5.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Insurance Australia Group Ltd  | Insurance Australia Group Ltd                              | CUSIP: 000000000<br>LEI: 549300PFEWKNHRG25N08 | Long             | EC               | CORP              | AU        |    283739 | NS      | $1458656.25   | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Pro Medicus Ltd                | Pro Medicus Ltd                                            | CUSIP: 000000000<br>LEI: 98450085A903D1BMFF27 | Long             | EC               | CORP              | AU        |     22766 | NS      | $3909033.46   | 2.78%             |  |  |  | No            |                  2 | On Loan: No      |
| National Australia Bank Ltd    | National Australia Bank Ltd                                | CUSIP: 000000000<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | EC               | CORP              | AU        |    313224 | NS      | $8930033.24   | 6.35%             |  |  |  | No            |                  2 | On Loan: No      |
| JB Hi-Fi Ltd                   | JB Hi-Fi Ltd                                               | CUSIP: 000000000<br>LEI: 529900TPC8H040Y3ZQ65 | Long             | EC               | CORP              | AU        |     40118 | NS      | $2744325.26   | 1.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Northern Star Resources Ltd    | Northern Star Resources Ltd                                | CUSIP: 000000000<br>LEI: 254900XFXCRYYZAX6M78 | Long             | EC               | CORP              | AU        |    451611 | NS      | $7282151.76   | 5.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Wesfarmers Ltd                 | Wesfarmers Ltd                                             | CUSIP: 000000000<br>LEI: 5493003L32ZX9557ST85 | Long             | EC               | CORP              | AU        |     98309 | NS      | $5395783.34   | 3.83%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Global Advisors   | State Street Institutional US Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |    292578 | NS      | $292577.88    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodside Energy Group Ltd      | Woodside Energy Group Ltd                                  | CUSIP: 000000000<br>LEI: 2549005ZC5RXAOO7FH41 | Long             | EC               | CORP              | AU        |    192997 | NS      | $3127602.64   | 2.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Goodman Group                  | Goodman Group                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |    353092 | NS      | $7615549.86   | 5.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Metcash Ltd                    | Metcash Ltd                                                | CUSIP: 000000000<br>LEI: 25490065W4SN3LZMX216 | Long             | EC               | CORP              | AU        |    888340 | NS      | $2212786.74   | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Macquarie Group Ltd            | Macquarie Group Ltd                                        | CUSIP: 000000000<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | EC               | CORP              | AU        |     31560 | NS      | $4501546.83   | 3.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Infratil Ltd                   | Infratil Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | NZ        |    211593 | NS      | $1498158.17   | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| ALS Ltd                        | ALS Ltd                                                    | CUSIP: 000000000<br>LEI: 549300RYCQ8DMIO2J661 | Long             | EC               | CORP              | AU        |    261308 | NS      | $3708667.89   | 2.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Xero Ltd                       | Xero Ltd                                                   | CUSIP: 000000000<br>LEI: 254900UG5D8YST164N14 | Long             | EC               | CORP              | NZ        |     48144 | NS      | $4554672.37   | 3.24%             |  |  |  | No            |                  2 | On Loan: No      |
| HUB24 Ltd                      | HUB24 Ltd                                                  | CUSIP: 000000000<br>LEI: 529900O2RAS904TFIR32 | Long             | EC               | CORP              | AU        |     46491 | NS      | $3464326.30   | 2.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Capstone Copper Corp           | Capstone Copper Corp                                       | CUSIP: 000000000<br>LEI: 549300III6KGKKC42W63 | Long             | EC               | CORP              | CA        |    402745 | NS      | $3607732.46   | 2.56%             |  |  |  | No            |                  2 | On Loan: No      |
| SGH Ltd                        | SGH Ltd                                                    | CUSIP: 000000000<br>LEI: 254900DME8O9GCK94794 | Long             | EC               | CORP              | AU        |     65252 | NS      | $2067536.24   | 1.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Medibank Pvt Ltd               | Medibank Pvt Ltd                                           | CUSIP: 000000000<br>LEI: BDYVSUPTML83OLINBJ17 | Long             | EC               | CORP              | AU        |    487585 | NS      | $1556122.36   | 1.11%             |  |  |  | No            |                  2 | On Loan: No      |
| WiseTech Global Ltd            | WiseTech Global Ltd                                        | CUSIP: 000000000<br>LEI: 254900VE3AF301Q85K83 | Long             | EC               | CORP              | AU        |     16680 | NS      | $752300.94    | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** ABRDN AUSTRALIA EQUITY FUND, INC.

**Signature:** Sharon Ferrari

**Name of Signer:** Sharon Ferrari

**Title:** Assistant Treasurer