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# Aberdeen Global Income Fund, Inc. (NYSE MKT: FCO)
  (EST)
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Daily Data

At close Jan 29, 2015

NAV$10.64
Market Price$9.52
Premium/(Discount)-10.53%

The NAV information is provided by the Fund's accounting agent. The price is as reported by the exchange on which the Fund trades. This information is unaudited and neither Aberdeen Asset Management PLC, its wholly owned subsidiaries, the Funds, nor any other person guarantees their accuracy.

 
 

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Aberdeen Global Income Fund, Inc. (NYSE MKT: FCO)*

Investment Objective

The Fund’s principal investment objective is to provide high current income by investing primarily in fixed income securities. As a secondary investment objective, the Fund seeks capital appreciation, but only when consistent with its principal investment objective.

For more detailed information on the specific risks associated with this fund, please view the Important Risk Considerations tab. 


 

Fund Managers’ Monthly Report

November 2014

  • Core global government bond yields fell in November on the back of dovish central bank comments, as inflation forecasts were downgraded in line with the continued decline in oil prices. Speculation also grew that the European Central Bank would need to purchase government bonds to counter deflationary pressures.
  • In Canada, yields tracked those of comparable-durationH U.S. Treasuries lower despite improving gross domestic product (GDP) growth and employment data in both countries. Australian government bonds outperformed the overall market as commodity prices fell further, while New Zealand underperformed given continued robust economic data.
  • Emerging market debt returns were subdued amid risk-aversion, as commodity exporters such as Russia, Venezuela and Nigeria suffered, while importers including Turkey and South Africa benefited from lower prices. Oil-producing nations’ currencies also fell, and overall, local currency debt underperformed its hard currency counterpart. Investment-grade debt outpaced high yield as Ukraine fell sharply on the likely need of further bailouts.
  • Among G-10I currencies, positive U.S. economic data led the U.S. dollar to strengthen against all its peers except the New Zealand dollar. The weakest performers were the Norwegian krone, owing to lower oil prices, and the Japanese yen, as Prime Minister Shinzo Abe called a snap election.

HDuration is an estimate of bond price sensitivity to changes in interest rates. The higher the duration, the greater the change (i.e., higher risk) in relation to interest-rate movements.

IThe G-10 nations include Belgium, Canada, France, Germany, Italy, Japan, Netherlands, Sweden, Switzerland, the United Kingdom and the U.S.

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Full investment objective, investment policies and investment restrictions Section 16 Filings
 
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