Aberdeen Asia-Pacific Income Fund, Inc. (the Fund) is a closed-end, non-diversified management investment company. The Fund's principal investment objective is to seek current income. The Fund may also achieve incidental capital appreciation. The Fund invests approximately 80% of its net assets, plus the amount of any borrowings for investment purposes in Asian debt securities, Australian debt securities and New Zealand debt securities. The Fund's Asian debt securities include debt securities of Asian Country issuers, including securities issued by Asian Country governmental entities, as well as by banks, companies and other entities, which are located in Asian Countries, and debt securities issued by a subsidiary of an entity located in an Asian Country. The Fund's portfolio consists of corporate bonds, government bonds and short-term investments. The Fund's investment manager is Aberdeen Asset Management Asia Limited.