Welcome to our dedicated page for abrdn Global Income news (Ticker: FCO), a resource for investors and traders seeking the latest updates and insights on abrdn Global Income stock.
abrdn Global Income Fund, Inc. (NYSE American: FCO) is a closed-end fund focused on high current income from fixed-income securities, with a secondary objective of capital appreciation when consistent with its income goal. News about FCO often centers on its distribution announcements, regulatory filings, governance updates and corporate actions affecting shareholders.
Regular communications from the Fund have included details of monthly or periodic distributions, including record dates, payment dates and per-share amounts. These notices frequently explain the Fund’s distribution policy, the estimated sources of distributions under Section 19 of the Investment Company Act of 1940, and the extent to which payments may represent net investment income, realized capital gains or return of capital. Such information helps investors understand how the Fund’s cash flows are being returned to shareholders over time.
FCO news has also covered developments such as the filing of a prospectus supplement to a shelf registration statement for potential at-the-market offerings of common shares, as well as the results of annual shareholder meetings and changes to the Board of Directors. These updates provide insight into the Fund’s capital-raising flexibility, governance structure and oversight.
A significant recent theme in FCO’s news flow is the proposed reorganization of abrdn Global Income Fund, Inc. into abrdn Asia-Pacific Income Fund, Inc. (FAX). Announcements have described Board approvals of the merger, the filing and review of proxy and registration materials with the U.S. Securities and Exchange Commission, and the scheduling of shareholder record dates and targeted meeting dates. These releases explain that the proposed transaction is intended to be treated as a tax-free reorganization for U.S. federal income tax purposes and outline the procedural steps required before it can be completed.
Investors following FCO’s news can use this page to review distribution notices, corporate governance updates, offering-related disclosures and the latest information on the proposed merger into FAX, all of which are relevant to understanding the Fund’s status and shareholder considerations.
abrdn Global Income Fund (NYSE American: FCO) set a record date of December 12, 2025 for a shareholder vote on a proposed reorganization into abrdn Asia-Pacific Income Fund (NYSE American: FAX). A special meeting is currently targeted for March 12, 2026. The Proxy Statement was filed with the SEC on September 17, 2025 but was delayed by a federal government shutdown and will be mailed after the SEC declares it effective.
The funds' boards state the Reorganization is intended to be a tax-free reorganization for U.S. federal income tax purposes and, if approved, is expected to close in the second quarter of 2026. FAX shareholders are not required to vote.
abrdn Global Income Fund, Inc. (NYSE American: FCO) and abrdn Asia-Pacific Income Fund, Inc. (NYSE American: FAX) filed a preliminary proxy/registration statement with the SEC on September 17, 2025 proposing a reorganization of FCO into FAX. The Proxy must be declared effective by the SEC before it can be mailed to FCO shareholders for a vote.
Due to the federal government shutdown beginning October 1, 2025, the SEC is operating with limited staff, which has delayed review and the expected effectiveness and mailing of the Proxy, and therefore delayed the anticipated timing of the reorganization if approved. The Proxy may be amended or withdrawn and will not be distributed until declared effective.
abrdn Global Income Fund (NYSE American: FCO) and abrdn Asia-Pacific Income Fund (NYSE American: FAX) have announced a proposed merger, where FCO will merge into FAX. The Boards of Directors of both funds have approved the reorganization, which requires FCO shareholder approval but not FAX shareholder approval.
The merger is scheduled for a shareholder vote on December 10, 2025, with a record date of September 11, 2025. The transaction is intended to be structured as a tax-free reorganization for U.S. federal income tax purposes. Notably, there will be no changes to FAX's current investment objectives or policies as a result of the merger.
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.
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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.