Aberdeen Global Income Fund, Inc. Reports Earnings Results for the Full Year Ended October 31, 2018
January 07, 2019 at 06:06 pm
Share
Aberdeen Global Income Fund, Inc. announced earnings results for the full year ended October 31, 2018. For the full year, the company announced total revenue was USD 6.166 million. Net loss was USD 2.972 million compared to net profit of USD 6.875 million a year ago.
abrdn Global Income Fund, Inc. (the Fund) is a closed-end, non-diversified management investment company. The Fund's principal investment objective is to provide high current income by investing primarily in fixed income securities. Its secondary investment objective is to seek capital appreciation, but only when consistent with its principal investment objective. It invests approximately 80% of its net assets in debt securities. The Fund's investments are divided into three categories: Developed Markets, Investment Grade Developing Markets and Sub-Investment Grade Developing Markets. Approximately 60% of its total assets are invested in fixed income securities of issuers in Developed Markets or Investment Grade Developing Markets. The Fund also invests approximately 40% of its total assets in fixed income securities of issuers in Developed Markets. The Fund's investment manager is abrdn Asia Limited. Its sub-adviser is abrdn Investments Limited.
ABRDN GLOBAL INCOME FUND, INC. 
