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

At close Aug 29, 2014

NAV$12.22
Market Price$11.35
Premium/(Discount)-7.12%

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

June 2014

  • U.S. Treasury yields rose near marginally in June following the release of higher inflation data, but German bund yields fell as the European Central Bank delivered a package of monetary easing measures, including cutting deposit rates to -0.1%.
  • In Canada, government bond yields were broadly unchanged and slightly outperformed U.S. Treasury equivalents. Inflation picked up above the target rate, but the central bank cautioned about increased risks around the outlook for global growth.
  • Australian government bonds continued to rally on mixed economic data, as 10-year yields fell by 11 basis points, outperforming U.S. Treasuries. Conversely, yields in New Zealand rose as strong data fuelled expectations of further rate hikes..
  • Emerging market debt advanced, but gains were tempered by rising U.S. Treasury yields. Argentina outperformed as fears of a technical default diminished, but the U.S. Supreme Court denied the country’s appeal at the end of the month. Iraq was the weakest global fixed income market performer as ISIS rebels took control of northern regions. Local currency debt outperformed its hard currency counterparts. Russia was the top performer within the asset class as its currency rallied while Nigerian and Romanian bonds also rose. Indonesia suffered on uncertainty surrounding its presidential elections.
  • Among G-101 currencies, the New Zealand dollar and British pound appreciated the most against the U.S. dollar, while the Norwegian krone and Swedish krona depreciated..

1 The G-10 nations include 11 industrial countries (Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, Switzerland, the UK and the U.S.) which consult and cooperate on economic, monetary and financial matters.

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