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abrdn Global Income Fund, Inc.
abrdn Global Income Fund, Inc. (NYSE: FCO) is a closed-end fund from abrdn plc targeting global fixed-income income with leverage.
abrdn Global Income Fund, Inc.
abrdn Global Income Fund, Inc. (NYSE: FCO) is a closed-end fund that operates as part of the abrdn family of funds, managed by abrdn Inc., a subsidiary of the Edinburgh-based asset manager abrdn plc. The fund was launched to provide investors with exposure to a broad range of fixed-income opportunities across global markets, including government and corporate debt. The fund's strategy is centered on generating high current income through active management of a diversified portfolio. As of its most recent prospectus, investments span sovereign bonds, investment-grade and high-yield corporate bonds, and emerging-market debt. The fund employs leverage — typically via borrowings or preferred shares — to magnify income potential. Geographic exposure includes developed markets such as the United States and Western Europe, as well as select emerging economies. AUM is not publicly disclosed in a standardized format; the fund's market capitalization fluctuates with share price and leverage. The fund's portfolio is publicly reported, with holdings data available through regulatory filings. Recent semi-annual reports confirm ongoing exposure to sovereign and corporate bonds, with no major structural changes in the last two years. The fund's structural differentiator is its closed-end structure, which allows the manager to maintain a consistent portfolio without the redemption pressures faced by open-end funds. This enables investment in less liquid securities and a stable leverage policy. The fund trades on the NYSE under ticker FCO.
General information
Firm type
other
Year founded
—
AUM
Undisclosed
Location
Region
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Country
—
City
—
Corporate office
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Frequently asked questions
Who manages abrdn Global Income Fund?
The fund is managed by abrdn Inc., the US investment management arm of abrdn plc, a global asset manager headquartered in Edinburgh, Scotland. The portfolio is overseen by a team of fixed-income professionals within abrdn's global investment team.
What is the investment objective of the fund?
The fund's primary objective is to seek high current income, with a secondary goal of capital appreciation. It invests in a diversified portfolio of fixed-income securities from around the world, including sovereign and corporate bonds, as well as emerging-market debt.
Does the fund use leverage?
Yes, the fund employs leverage through borrowings and/or the issuance of preferred shares to increase its investment capacity. This is common for closed-end funds aiming to enhance yield, but it also amplifies risk.
Where can I find the fund's holdings?
The fund's portfolio holdings are disclosed periodically in regulatory filings with the SEC, including semi-annual reports and Form N-CSR. These filings are available on the SEC's EDGAR database.
How does the closed-end structure affect investors?
As a closed-end fund, shares trade on the NYSE at market prices that can differ from net asset value (NAV). Investors buy and sell shares on the exchange, and the fund does not issue or redeem shares daily as open-end funds do.
What is the relationship between abrdn plc and abrdn Global Income Fund?
abrdn Global Income Fund is a separate legal entity, but its investment adviser is abrdn Inc., which is wholly owned by abrdn plc. abrdn plc is a publicly traded company on the London Stock Exchange and a major global asset manager.
What are the primary risks associated with this fund?
Key risks include interest rate risk, credit risk, emerging-market risk, leverage risk, and the fact that the fund's shares may trade at a discount to NAV. The use of leverage can magnify losses.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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