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abrdn Global Income Fund, Inc. (NYSE American:FCO) has announced a distribution payment of $0.07 per share, payable on September 30, 2024, to shareholders of record as of September 23, 2024. The ex-dividend date is also September 23, 2024. The Fund's shares are currently trading at a premium to net asset value, which the Board of Directors believes may not be sustainable. Shareholders participating in the dividend reinvestment plan should note that reinvestment occurs at a premium to net asset value at the current market price. The Fund's distribution policy is subject to modification by the Board of Directors, and past performance does not guarantee future results.
Aberdeen Global Income Fund (NYSE American: FCO) has filed a prospectus supplement with the SEC on September 23, 2021, allowing the sale of up to $35 million in common shares. These shares may be offered through at-the-market offerings when market conditions are favorable and only when the premium to net asset value exceeds transaction costs. Proceeds will be used for investment purposes. Investors should review the prospectus and associated documents before investing. The Fund's shares may trade at a discount to the net asset value.
The Aberdeen Global Income Fund (NYSE American: FCO) held its Annual Meeting of Shareholders on April 29, 2021. Shareholders re-elected William J. Potter as Class II Director and approved the continuation of terms for Directors P. Gerald Malone and Neville J. Miles. Peter D. Sacks retired as a director, and Radhika Ajmera was appointed as a Class III Director. A quorum was achieved with 69.32% of shares voted from the outstanding 8,736,312 shares. The Board expressed gratitude to Mr. Sacks for his contributions during his tenure.
Aberdeen Global Income Fund (NYSE American: FCO) has announced a monthly distribution of $0.07 per share, payable on March 31, 2021, to shareholders of record as of March 24, 2021. The ex-dividend date is set for March 23, 2021. The distribution consists of 38% from net investment income, 16% from net realized short-term capital gains, and 46% as a return of capital. As of February 28, 2021, the Fund estimates a net deficit of $5,696,000. Investors are advised that returns may not reflect performance due to distribution policies.
Aberdeen Global Income Fund (NYSE American: FCO) announced a monthly distribution of $0.07 per share on February 26, 2021, to shareholders of record as of February 19, 2021. This distribution is part of the Fund's policy to provide stable monthly returns from current income and realized capital gains. As of January 31, 2021, the Fund reported a net deficit of $4,645,000. The current monthly distribution consists of net investment income (38%), short-term capital gains (6%), and return of capital (56%).
Aberdeen Global Income Fund, trading under the symbol FCO, announced a distribution payment of $0.07 per share scheduled for February 26, 2021. Shareholders of record as of February 19, 2021 will be eligible for this payment. The distribution is derived from net investment income, short-term capital gains, and a significant portion classified as a return of capital, accounting for 56% of the total distribution. As of January 31, 2021, the Fund reported a net deficit of $4,645,000.
On January 29, 2021, Aberdeen Global Income Fund (NYSE American: FCO) announced a monthly distribution of $0.07 per share for shareholders of record as of January 22, 2021. The fund's distribution policy aims to provide stable monthly distributions sourced from current income, realized capital gains, and paid-in capital. As of December 31, 2020, the fund reported a net deficit of $3,926,000, indicating unrealized losses exceeding any realized gains. Shareholders are advised that the distribution amount may not reflect investment performance due to returns of capital.
Aberdeen Global Income Fund (NYSE American: FCO) announced a distribution of $0.07 per share, payable on January 29, 2021, to shareholders of record by January 22, 2021. The distribution consists of net investment income, realized short-term capital gains, and a return of capital, with the latter constituting 61% of the total payout. As of December 31, 2020, the Fund reported a net deficit of $3,926,000 due to unrealized losses exceeding realized gains. The Fund's distribution policy aims for stability, but may impact the asset base and market price.
Aberdeen Global Income Fund (NYSE American: FCO) announced a distribution payment of $0.07 per share on January 8, 2021 to shareholders of record as of December 31, 2020. The distribution consists of 37% net investment income, 2% net realized short-term capital gains, and 61% return of capital. The Fund's net deficit as of November 30, 2020 is estimated at $5,747,000. Shareholders are advised that distribution amounts and sources are estimates and may vary, impacting the Fund's net assets and investment performance.
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