abrdn Global Income Fund, Inc. (FCO)
abrdn Global Income Fund, Inc. operates in the Asset Management - Income industry of the Financial Services sector, headquartered in London, GB. The stock last traded at $2.56, down 1.16% on the session, giving a market capitalisation of $34.4M. On trailing twelve-month figures it carries a trailing P/E of 8.18, a net margin of 108.6%. Its beta of 0.02 implies it has historically moved less than the broad market.
The Abrdn Global Income Fund Inc. (FCO) is a U.S.-domiciled, closed-end mutual fund dedicated to fixed-income investments, established on June 28, 1991. Its primary oversight comes from Aberdeen Standard Investments (Asia) Limited, with co-management responsibilities shared by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund's investment mandate includes a global allocation to fixed-income markets, particularly focusing on debt securities issued in Commonwealth currencies and other international debt instruments. To assess its performance, the fund employs a custom benchmark comprising a blend of indices: 20% Bank of America Merrill Lynch Australian Government Bonds, 20% UK Government Bonds, 15% Canadian Government Bonds, 15% New Zealand Government Bonds, and 30% Global Emerging Markets Index.
abrdn Global Income Fund, Inc. is most often compared with the following Financial Services names: