# EDGAR Filing Document

**Accession Number:** 0000779336
**File Stem:** 0001752724-25-137921
**Filing Date:** 2025-6
**Character Count:** 14218
**Document Hash:** 8fbe0cf5ce026047351efb3612a755ef
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-137921.hdr.sgml**: 20250613

**ACCESSION NUMBER**: 0001752724-25-137921

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250613

**DATE AS OF CHANGE**: 20250613

**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:** 251045346

**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:** 2025-04-30

**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:** $141141887.15

**Total Liabilities:** $10808139.40

**Net Assets:** $130333747.75

**Cash Not Reported:** $1988995.71

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -2.95%               | -1.71%               | 3.47%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $523808.28               | $-6051800.41                               |
| Month 2  | $-603282.47              | $-4868468.43                               |
| Month 3  | $-16072.52               | $7998056.82                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Aristocrat Leisure Ltd         | Aristocrat Leisure Ltd                                       | CUSIP: 000000000<br>LEI: 529900TE2HO3OZKYKC27 | Long             | EC               | CORP              | AU        |    170768 | NS      | $7293338.82   | 5.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Cochlear Ltd                   | Cochlear Ltd                                                 | CUSIP: 000000000<br>LEI: 5493001OLLWY8KV5UC08 | Long             | EC               | CORP              | AU        |     13833 | NS      | $2422581.41   | 1.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Macquarie Group Ltd            | Macquarie Group Ltd                                          | CUSIP: 000000000<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | EC               | CORP              | AU        |     31560 | NS      | $3900027.81   | 2.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Insurance Australia Group Ltd  | Insurance Australia Group Ltd                                | CUSIP: 000000000<br>LEI: 549300PFEWKNHRG25N08 | Long             | EC               | CORP              | AU        |    890201 | NS      | $4675753.16   | 3.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Wesfarmers Ltd                 | Wesfarmers Ltd                                               | CUSIP: 000000000<br>LEI: 5493003L32ZX9557ST85 | Long             | EC               | CORP              | AU        |    119210 | NS      | $5971973.77   | 4.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Commonwealth Bank of Australia | Commonwealth Bank of Australia                               | CUSIP: 000000000<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | EC               | CORP              | AU        |    163347 | NS      | $17411008.23  | 13.36%            |  |  |  | No            |                  2 | On Loan: No      |
| Northern Star Resources Ltd    | Northern Star Resources Ltd                                  | CUSIP: 000000000<br>LEI: 254900XFXCRYYZAX6M78 | Long             | EC               | CORP              | AU        |    356672 | NS      | $4381243.05   | 3.36%             |  |  |  | No            |                  2 | On Loan: No      |
| James Hardie Industries PLC    | James Hardie Industries PLC                                  | CUSIP: 000000000<br>LEI: 635400NSGXKTVOO7JU45 | Long             | EC               | CORP              | IE        |     68499 | NS      | $1607821.71   | 1.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Xero Ltd                       | Xero Ltd                                                     | CUSIP: 000000000<br>LEI: 254900UG5D8YST164N14 | Long             | EC               | CORP              | NZ        |     43143 | NS      | $4543521.78   | 3.49%             |  |  |  | No            |                  2 | On Loan: No      |
| ResMed Inc                     | ResMed Inc                                                   | CUSIP: 000000000<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |    235212 | NS      | $5563521.54   | 4.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Goodman Group                  | Goodman Group                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |    314006 | NS      | $6011279.22   | 4.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Origin Energy Ltd              | Origin Energy Ltd                                            | CUSIP: 000000000<br>LEI: ZSN2LWNPYW6ISMRUC664 | Long             | EC               | CORP              | AU        |    304867 | NS      | $2077975.05   | 1.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Woodside Energy Group Ltd      | Woodside Energy Group Ltd                                    | CUSIP: 000000000<br>LEI: 2549005ZC5RXAOO7FH41 | Long             | EC               | CORP              | AU        |    192997 | NS      | $2515741.42   | 1.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Telstra Group Ltd              | Telstra Group Ltd                                            | CUSIP: 000000000<br>LEI: 894500WRW54CVN62K416 | Long             | EC               | CORP              | AU        |   2128658 | NS      | $6143511.53   | 4.71%             |  |  |  | No            |                  2 | On Loan: No      |
| ALS Ltd                        | ALS Ltd                                                      | CUSIP: 000000000<br>LEI: 549300RYCQ8DMIO2J661 | Long             | EC               | CORP              | AU        |    410705 | NS      | $4506445.57   | 3.46%             |  |  |  | No            |                  2 | On Loan: No      |
| WiseTech Global Ltd            | WiseTech Global Ltd                                          | CUSIP: 000000000<br>LEI: 254900VE3AF301Q85K83 | Long             | EC               | CORP              | AU        |     12203 | NS      | $693898.32    | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Westpac Banking Corp           | Westpac Banking Corp                                         | CUSIP: 000000000<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | EC               | CORP              | AU        |    238000 | NS      | $4994468.17   | 3.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto PLC                  | Rio Tinto PLC                                                | CUSIP: 000000000<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |     59268 | NS      | $3531747.02   | 2.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Mirvac Group                   | Mirvac Group                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |   1881127 | NS      | $2743909.37   | 2.11%             |  |  |  | No            |                  2 | On Loan: No      |
| CSL Ltd                        | CSL Ltd                                                      | CUSIP: 000000000<br>LEI: 529900ECSECK5ZDQTE14 | Long             | EC               | CORP              | AU        |     49394 | NS      | $7928375.89   | 6.08%             |  |  |  | No            |                  2 | On Loan: No      |
| National Australia Bank Ltd    | National Australia Bank Ltd                                  | CUSIP: 000000000<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | EC               | CORP              | AU        |    344945 | NS      | $7965022.83   | 6.11%             |  |  |  | No            |                  2 | On Loan: No      |
| JB Hi-Fi Ltd                   | JB Hi-Fi Ltd                                                 | CUSIP: 000000000<br>LEI: 529900TPC8H040Y3ZQ65 | Long             | EC               | CORP              | AU        |     40118 | NS      | $2658528.87   | 2.04%             |  |  |  | No            |                  2 | On Loan: No      |
| BHP Group Ltd                  | BHP Group Ltd                                                | CUSIP: 000000000<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | AU        |    451858 | NS      | $10769426.18  | 8.26%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Global Advisors   | State Street Institutional U.S. Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |     67833 | NS      | $67833.33     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HUB24 Ltd                      | HUB24 Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     46491 | NS      | $2147828.11   | 1.65%             |  |  |  | No            |                  2 | On Loan: No      |
| ANZ Group Holdings Ltd         | ANZ Group Holdings Ltd                                       | CUSIP: 000000000<br>LEI: 9845005D9C6BAA10BK72 | Long             | EC               | CORP              | AU        |    266023 | NS      | $5086959.92   | 3.90%             |  |  |  | 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        |    276896 | NS      | $276896.36    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Transurban Group               | Transurban Group                                             | CUSIP: 000000000<br>LEI: 549300ZR71SUQ4VUTM79 | Long             | EC               | CORP              | AU        |    403096 | NS      | $3632448.40   | 2.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Pro Medicus Ltd                | Pro Medicus Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     25485 | NS      | $3736873.71   | 2.87%             |  |  |  | No            |                  2 | On Loan: No      |
| SGH Ltd                        | SGH Ltd                                                      | CUSIP: 000000000<br>LEI: 254900DME8O9GCK94794 | Long             | EC               | CORP              | AU        |     65252 | NS      | $2134044.70   | 1.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Capstone Copper Corp           | Capstone Copper Corp                                         | CUSIP: 000000000<br>LEI: 549300III6KGKKC42W63 | Long             | EC               | CORP              | CA        |    124000 | NS      | $614400.71    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-16

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

**Signature:** Sharon Ferrari

**Name of Signer:** Sharon Ferrari

**Title:** Assistant Treasurer