Aberdeen Global Income Fund

Brandywine Global Income Opportunities Fund Inc

We last covered FCO around 9 months ago; at that time, it appeared BWG was the better bet in this space. That has played out to some degree, with BWG showing better total share price returns during that period. However, this largely came from BWG's discount narrowing as FCO's premium has actually stayed fairly elevated.

FCO To BWG: More To Go

Aberdeen Income Credit Strategies Fund

Alpine Global Dynamic Dividend Fund

Alpine Total Dynamic Dividend Fund

Aberdeen Standard Global Infr Inc Fd

Alpine Global Premier Properties Fund

Aberdeen Asia-Pacific Income Fund Inc

Aberdeen Australia Equity Fund Inc

India Fund Inc

Aberdeen Japan Equity Fund Inc

abrdn World Healthcare Fund 

Delaware Investments

This release provides an update to the performance tables regarding the IAF Estimated Amounts of Current Distribution per Share and Estimated Amounts of Fiscal Year to Date Cumulative Distributions per Share PHILADELPHIA, PA / ACCESSWIRE / February 13, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP),(NYSE:AGD),(NYSE:AOD),(NYSE:ASGI),(NYSE:AWP),(NYSE:IFN),(NYSE:JEQ) and (NYSE American:FAX),(NYSE American:FCO),(NYSE American:IAF),(NYSE American:THW),(NYSE American:VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on February 29, 2024 to all shareholders of record as of February 22, 2024 (ex-dividend date February 21, 2024). These dates apply to the Funds listed below with the exception of the abrdn Australia Equity Fund, Inc. (IAF), the India Fund, Inc. (IFN) and the abrdn Japan Equity Fund, Inc. (JEQ) which will pay on March 28, 2024, to all shareholders of record as of February 22, 2024 (ex-dividend date February 21, 2024).

CORRECTION: abrdn U.S. Closed-End Funds Announce Distribution Payment Details

abrdn Life Sciences Investors 

PHILADELPHIA, PA / ACCESSWIRE / January 10, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP)(NYSE:AGD)(NYSE:AOD)(NYSE:ASGI)(NYSE:AWP) and (NYSE American:FAX)(NYSE American:FCO)(NYSE American:THQ)(NYSE American:THW)(NYSE American:VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on January 31, 2024 to all shareholders of record as of January 24, 2024 (ex-dividend date January 23, 2024). Ticker Exchange Fund Amount ACP NYSE abrdn Income Credit Strategies Fund $ 0.1000 AGD NYSE abrdn Global Dynamic Dividend Fund $ 0.0650 AOD NYSE abrdn Total Dynamic Dividend Fund $ 0.0575 ASGI NYSE abrdn Global Infrastructure Income Fund $ 0.1600 AWP NYSE abrdn Global Premier Properties Fund $ 0.0400 FAX NYSE American Abrdn Asia-Pacific Income Fund, Inc. $ 0.0275 FCO NYSE American abrdn Global Income Fund, Inc. $ 0.0700 THQ NYSE American abrdn Healthcare Opportunities Fund $ 0.1125 THW NYSE American abrdn World Healthcare Fund $ 0.1167 VFL NYSE American abrdn National Municipal Income Fund $ 0.0375 At the end of each calendar year, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of each fund's distributions and provide information with respect to their appropriate tax treatment for the prior calendar year.

abrdn U.S. Closed End Funds Announce Distribution Payment Details

BlackRock Energy and Resources Trust

Blackrock Long-Term Municipal Advantage Trust

ClearBridge Energy MLP Fund Inc

ClearBridge Energy MLP Total Return Fund Inc

Herzfeld Caribbean Basin Fund Inc

BNY Mellon Municipal Bond Infrastructure Fund, Inc. 

ClearBridge Energy MLP Opportunity Fund Inc

Eaton Vance National Municipal Opportunities Trust

Gabelli Multimedia Trust

Gabelli Utility Trust

Nuveen Mortgage Opportunity Term Fund

Barings Corporate Investors

Nuveen California AMT-Free Quality Municipal Income Fund

PIMCO Income Strategy Fund II

Cohen & Steers Quality Income Realty Fund

Cushing MLP & Infrastructure Total Return Fund

Columbia Seligman Premium Technology Growth Func Inc

XAI Octagon Floating Rate & Alternative Income Term Trust

19 out of 22 CEF sectors are positive on price, and 21 out of 22 sectors are positive on NAV. KYN/KMF merger completes. NXG Cushing Midstream Energy Fund rights offering begins.

Weekly Closed-End Fund Roundup: November 26, 2023

AllianceBernstein National Municipal Income Fund

BlackRock Health Sciences Trust II

Cornerstone Strategic Value Fund Inc

MFS High Yield Municipal Trust

Cornerstone Total Return Fund Inc

MFS Investment Grade Municipal Trust

Destra Multi-Alternative Fund

DNP Select Income Fund Inc

BlackRock Enhanced Government Fund

Eaton Vance

First Trust Energy Infrastructure Fund

FS Credit Opportunities Corp

Sprott Focus Trust

GDL Fund

Gabelli Dividend & Income Trust

Guggenheim Strategic Opportunities Fund

John Hancock Hedged Equity & Income Fund

Highland Income Fund

Highland Global Credit Allocation Fund.

Closed-End Funds: Revisiting Valuations As We End Q3 2023

The abrdn Global Income Fund is showing signs of an unsustainable high distribution rate and a high premium, which could lead to poor results. The BrandywineGLOBAL - Global Income Opportunities Fund offers a more sustainable alternative for global fixed-income investments, despite an elevated distribution, due to its deep discount. The biggest risk to this swap is FCO remaining at its current high valuation or pushing even higher into premium territory, producing an opportunity cost if BWG stays at a deep discount and FCO rises.

FCO And BWG: A Swap Opportunity Presents Itself

Distributions at over 20% of NAV? No Problem. At least that is the current mantra, offset by more and more issuance of units to gullible shareholders. FCO has returned less than 0.5% on NAV over the last decade and the current setup looks worse than when we first covered the fund.

FCO: 50% Downside Is Possible In A Conservative Scenario

Bancroft Fund Ltd

Center Coast Brookfield MLP & Energy Infrastructure Fund

Western Asset Mortgage Opportunity Fund

Blackrock ESG Capital Allocation Trust

Eagle Point Credit

Eagle Point Credit Company Inc - 6.6875% NT REDEEM 30/04/2028 USD 25

Eaton Vance Enhanced Equity Income Fund II

First Trust Dynamic Europe Equity Income Fund

Voya Global Advantage and Premium Opportunity Fund

Voya Global Equity Dividend and Premium Opportunity Fund

CBRE Global Real Estate Income Fund

Discounts/premiums are one of the most important metrics for CEFs that can provide opportunities for investors. Closed-end funds often see expanded discounts during volatile years, which we experienced in 2022.

Closed-End Fund: April 2023 Check On Valuation

Apollo Tactical Income Fund, Inc.

Ares Dynamic Credit Allocation Fund

John Hancock Financial Opportunities Fund

Delaware Investments Dividend and Income Fund

Delaware Enhanced Global Dividend & Income Fund

Virtus Stone Harbor Emerging Markets Income Fund 

Stone Harbor Emerging Markets Total Income Fund

Eagle Point Income Company Inc

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Advantaged Bond & Opportunity Stategies Fund

Ivy High Income Opportunities Fund

Nuveen Core Equity Alpha Fund

KKR Income Opportunities Fund

Macquarie Global Infrastructure Total Return Fund Inc

MainStay MacKay DefinedTerm Municipal Opportunities Fund

Neuberger Berman Intermediate Municipal Fund Inc

Neuberger Berman California Intermediate Municipal Fund Inc

Nuveen Dynamic Municipal Opportunities Fund

0 out of 22 closed-end fund sectors positive on price and 3 out of 22 sectors positive on NAV last week. KIO rights offering results.

Weekly Closed-End Fund Roundup: February 19, 2023

FCO invests in global fixed-income securities to generate a high yield. The fund pays an attractive 14.7% forward distribution yield.

FCO: Clearly Unsustainable Yield

FCO is a closed end fund from the Aberdeen family. The fund tends to invest in dollar debt from sovereign issuers and corporates.

FCO: Global Fixed Income Fund, 18% Yield

FCO was one of the easiest setups to identify as a strong sell. Yield chasing exercise had been taken to real extremes in this case.

FCO: Losses Proceed On Schedule

Aberdeen Emerging Markets Equity Income Fund Inc

PHILADELPHIA, PA / ACCESSWIRE / June 10, 2022 / The following abrdn U.S. Closed-End Funds (collectively, the "Funds") announced today that the Funds' respective boards have approved a name change for each of the Funds, to be effective June 30, 2022, as set forth below. The Funds' ticker symbols and CUSIPs are not changing.

Certain abrdn U.S. Closed-end Funds Announce Name Changes

Aberdeen Global Income Fund has a hefty yield. The fund has not managed to deliver positive total returns.

Aberdeen Global Income: 14.79% Distribution Achieves Terminal Velocity

PHILADELPHIA, PA / ACCESSWIRE / March 9, 2022 / The following abrdn U.S. Closed-End Funds announced today that the closed-end funds in the chart directly below will pay the distributions indicated on a per share basis on March 31, 2022 to all shareholders of record as of March 24, 2022 (ex-dividend date March 23, 2022). Ticker Exchange Fund Amount ACP NYSE Aberdeen Income Credit Strategies Fund $ 0.10 AGD NYSE Aberdeen Global Dynamic Dividend Fund $ 0.065 AEF NYSE American Aberdeen Emerging Markets Equity Income Fund, Inc. $ 0.14 AOD NYSE Aberdeen Total Dynamic Dividend Fund $ 0.0575 ASGI NYSE Aberdeen Standard Global Infrastructure Income Fund $ 0.1083 AWP NYSE Aberdeen Global Premier Properties Fund $ 0.04 FAX NYSE American Aberdeen Asia-Pacific Income Fund, Inc. $ 0.0275 FCO NYSE American Aberdeen Global Income Fund, Inc. $ 0.07 At the end of each calendar year, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of each fund's distributions and provide information with respect to their appropriate tax treatment for the prior calendar year.

Abrdn U.S. Closed-End Funds Announce Distribution Payment Details

Aberdeen Global Income Fund has a giant double-digit yield.

FCO: An Ultimate Yield Trap With A 12.75% Bait

Virtus AllianzGI Diversified Income & Convertible Fund

ArrowMark Financial

Saba Capital Income & Opportunities Fund

China Fund

Blackrock Debt Strategies Fund Inc

New Germany Fund

Clough Global Opportunities Fund

Clough Global Equity Fund

BlackRock Corporate High Yield Fund

Insight Select Income Fund

New Ireland Fund Inc

Madison Fund

BlackRock MuniAssets Fund

BlackRock MuniHoldings Quality Fund II Inc

Pimco California Municipal Income Fund

RENN Fund

TCW Strategic Income Fund

20 out of 24 CEF sectors positive on price and 14 out of 24 sectors positive on NAV last week. It's pretty quiet in CEF-land, fund managers need holidays too. MLPs remain the most discounted sector.

Weekly Closed-End Fund Roundup: December 26, 2021

Aberdeen Global Income Fund, Inc. was the worst-priced closed-end fund in fixed income. Poor return prospects alongside exceptionally high fees set this up to fall.

FCO: Bear Market In Greater Fools

Apollo Senior Floating Rate Fund

MFS Intermediate High Income Fund

MFS High Income Municipal Trust

Eaton Vance Floating-Rate 2022 Target Term Trust

Wells Fargo Utilities and High Income Fund

Eaton Vance Short Duration Diversified Income Fund

First Trust Senior Floating Rate Income Fund II

Federated Premier Municipal Income Fund

Franklin Limited Duration Income Trust

GGM Macro Alignment ETF

Gabelli Go Awhr Registered Shs

Templeton Global Income Fund

Guggenheim Enhanced Equity Income Fund

Three out of 23 CEF sectors positive on price and six out of 23 sectors positive on NAV last week.

Weekly Closed-End Fund Roundup: Sept. 26, 2021

Investors have shown little regard for risk in this market. We examine a closed end fund where the probability of zero total returns is as close to a certainty as we can find.

FCO: The Biggest Bubble In Fixed Income

PHILADELPHIA, PA / ACCESSWIRE / September 23, 2021 / Aberdeen Global Income Fund, Inc. (the "Fund") (NYSE American: FCO) (the "Fund"), a closed-end equity fund, has announced that it filed a prospectus supplement to its "shelf" registration statement for $35 million in common shares with the U.S. Securities and Exchange Commission ("SEC") on Thursday, September 23, 2021. The prospectus supplement would enable the Fund to sell from time to time, in one or more at-the-market offerings, the Fund's common shares up to a total amount of $35 million.

Aberdeen Global Income Fund, Inc. Files a Prospectus Supplement to the "Shelf" Registration Statement

PHILADELPHIA, PA / ACCESSWIRE / July 27, 2021 / Please see below for links to each of the Aberdeen Standard Investments U.S. closed-end monthly factsheets including performance and portfolio composition as of June 30, 2021. Equity Funds Aberdeen Australia Equity Fund, Inc. (NYSE: American:IAF) Factsheet Aberdeen Emerging Markets Equity Income Fund, Inc. (NYSE American:AEF) Factsheet Aberdeen Global Dynamic Dividend Fund (NYSE:AGD) Factsheet Aberdeen Japan Equity Fund, Inc. (NYSE:JEQ) Factsheet Aberdeen Standard Global Infrastructure Income Fund (NYSE:ASGI) Factsheet Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Factsheet The India Fund, Inc. (NYSE:IFN) Factsheet Fixed Income Funds Aberdeen Asia-Pacific Income Fund, Inc. (NYSE American:FAX) Factsheet Aberdeen Global Income Fund, Inc. (NYSE American:FCO) Factsheet Aberdeen Income Credit Strategies Fund (NYSE:ACP) Factsheet Property Funds Aberdeen Global Premier Properties Fund (NYSE:AWP) Factsheet Important Information  In the United States, Aberdeen Standard Investments is the marketing name for the following affiliated, registered investment advisers: Aberdeen Standard Investments Inc., Aberdeen Asset Managers Ltd.

Aberdeen Standard Investments Inc. Announces Release of U.S. Closed End Funds Monthly Factsheets

PHILADELPHIA, PA / ACCESSWIRE / June 23, 2021 / Aberdeen Standard Investments Inc.: ABERDEEN ASIA-PACIFIC INCOME FUND, INC. (NYSE AMERICAN:FAX) ABERDEEN AUSTRALIA EQUITY FUND, INC.

Aberdeen Standard Investments Inc. Announces Director Appointment and Director Resignation for US Funds

PHILADELPHIA, April 29, 2021 /PRNewswire/ -- Aberdeen Global Income Fund, Inc. (the "Fund") (NYSE American: FCO) held its Annual Meeting of Shareholders (the "Meeting") on April 29, 2021.  At the Meeting, shareholders of the Fund voted to re-elect one Class II Director to the Board of Directors and to approve the continuation of the term of two Directors under the Fund's Corporate Governance Policies.

Aberdeen Global Income Fund, Inc. Announces Results Of Annual Meeting Of Shareholders And Changes To Board Of Directors

PHILADELPHIA, April 12, 2021 /PRNewswire/ -- Aberdeen Global Income Fund, Inc. (NYSE: FCO) (the "Fund"), a closed-end fund, announced today that it will pay a distribution of US $0.07 per share on April 30, 2021 to all shareholders of record as of April 23, 2021 (ex-dividend date April 22, 2021). In January 2022, 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 2021 calendar year.

Aberdeen Global Income Fund, Inc. Announces Monthly Distribution

News for Aberdeen Global Income Fund ETF (FCO)