FCO
abrdn Global Income Fund, Inc.2.9050
+0.0050+0.17%
Dec 16, 3:54:58 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
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Key Stats
Market Cap
39.10MP/E (TTM)
15.29Basic EPS (TTM)
0.19Dividend Yield
0.29%Recent Filings
8-K
Fund launches $35M share offering
Aberdeen Global Income Fund entered a sales agreement on September 23, 2021, to offer up to $35 million in common shares through JonesTrading in at-the-market transactions. Shares cannot sell below net asset value, per Investment Company Act rules. This setup lets the fund tap equity markets flexibly. Yet issuance dilutes existing holders.
8-K
Fund expands high-yield exposure
Aberdeen Global Income Fund approved amendments on June 15, 2016, to its investment limitations, raising below-investment-grade exposure to 75% from 40% and allowing up to 10% in the lowest-rated securities, while boosting U.S. issuer limits to 40%. This shift enables greater Asian local currency and global high yield investments, aiming for higher income through junk bonds and bank loans. Portfolio tweaks start after July 18, with a new benchmark effective November 1. High-yield bets amplify default and volatility risks.
8-K
AMPS redemption and bank borrowing
Aberdeen Global Income Fund resolved on March 7, 2008, to redeem its US$30 million Series W-7 Auction Market Preferred Stock at $25,000 per share on March 13, 2008, replacing it with equivalent borrowing from a major financial institution. This swap shifts from auction-based preferred shares to bank debt, potentially easing liquidity amid market strains. Redemption includes accrued dividends, with full payment anticipated. No operational disruptions disclosed.
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