ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

FCO abrdn Global Income Fund Inc

6.0997
0.0897 (1.49%)
22 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
abrdn Global Income Fund Inc AMEX:FCO AMEX Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.0897 1.49% 6.0997 6.0794 6.00 6.00 68,305 00:00:00

Aberdeen Global Income Fund, Inc. Announces Payment of Monthly Distribution

16/10/2009 4:49pm

PR Newswire (US)


abrdn Global Income (AMEX:FCO)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more abrdn Global Income Charts.
PHILADELPHIA, Oct. 16 /PRNewswire-FirstCall/ -- Aberdeen Global Income Fund, Inc. (NYSE AMEX: FCO) (the "Fund"), a closed-end bond fund, today announced that it paid on October 16, 2009, a monthly distribution of US 7.0 cents per share to all shareholders of record as of September 30, 2009. For the 12 months to September 30, 2009, the Fund has paid total distributions amounting to US $1.59 per share. The policy of the Fund's Board of Directors is to provide investors with a stable monthly distribution out of current income, supplemented by realized capital gains and, to the extent necessary, paid-in capital. The Fund is subject to U.S. corporate, tax and securities laws. Under U.S. tax accounting rules, the amount of distributable income for each fiscal period depends on the actual exchange rates during the entire year between the U.S. dollar and the currencies in which Fund assets are denominated and on the aggregate gains and losses realized by the Fund during the entire year. Therefore the exact amount of distributable income for each fiscal year can only be determined as of the end of the Fund's fiscal year, October 31. However, under the Investment Company Act of 1940, the Fund may be required to indicate the sources of certain distributions to shareholders. The Fund estimates that the distributions for the fiscal year commencing November 1, 2008, including the distribution paid on October 16, 2009, are comprised of 66% net investment income and 34% return of paid-in-capital. This estimated distribution composition may vary from month to month because it may be materially impacted by future realized gains and losses on securities and fluctuations in the value of the currencies in which Fund assets are denominated. In January 2010, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of distributions and provide information with respect to their appropriate tax treatment for the 2009 calendar year. The Fund is managed by Aberdeen Asset Management Asia Limited, advised by Aberdeen Asset Management Limited and sub-advised by Aberdeen Asset Management Investment Services Limited. The Fund's shares trade on the NYSE AMEX under the symbol "FCO". If you wish to receive this information electronically, please contact www.aberdeenfco.com Aberdeen Asset Management Asia Limited and Aberdeen Asset Management Limited are registered investment advisers under the Investment Advisers Act of 1940. DATASOURCE: Aberdeen Global Income Fund, Inc. CONTACT: Aberdeen Asset Management Inc. Investor Relations, +1-866-839-5233, Web Site: http://www.aberdeenfco.com/

Copyright

1 Year abrdn Global Income Chart

1 Year abrdn Global Income Chart

1 Month abrdn Global Income Chart

1 Month abrdn Global Income Chart

Your Recent History

Delayed Upgrade Clock