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Aberdeen Global Income Fund, Inc. (NYSE AMEX: FCO)
- (EST)
- » Closed-End Fund Center
Daily Data
At close Feb 21, 2012
| NAV | $13.63 |
| Price | $13.72 |
| Premium/Discount | 0.66% |
NAV and prices are provided by Morningstar. This information is unaudited and neither Aberdeen Asset Management PLC, its wholly owned subsidiaries, the Funds, nor any other person guarantees their accuracy.
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Aberdeen Global Income Fund, Inc. (NYSE AMEX: FCO)
Investment Objective
The Fund’s principal investment objective is to provide high current income by investing primarily in fixed income securities. As a secondary investment objective, the Fund seeks capital appreciation, but only when consistent with its principal investment objective.
Asian Bonds: A misunderstood opportunity
Over the last several decades, much attention has been given to the Asian region as a growing and flourishing investment opportunity. Read this fund manager interview and learn more about why Anthony Michael, Aberdeen’s head of fixed income for the Asia-Pacific region, believes that economic developments in the West will lead investors to look to Asian bonds for solid fundamentals, desirable yields and sustainable growth.
Read the Fund Manager InterviewFund Managers’ Monthly Report
January 2012
- Global fixed income markets finished in positive territory in December. Economic growth indicators exceeded expectations, but turmoil in Europe continued to pose a threat to sustained improvement in the data.
- The U.S. Treasury market rallied during the month as the flight to quality continued in the face of the unresolved European sovereign debt crisis. Yields on 10-year Treasury notes fell from 2.07% to 1.88% at the end of December.
- In Europe yet another European Union (EU) summit took place, with the 17 Eurozone nations agreeing to create a new agreement to enforce new fiscal rules.
- Emerging market debt began the month on a positive note, supported by the liquidity injection from global central banks at the end of November and prospects of further policy measures from the EU summit. As hopes for the latter receded, the “risk-on” mood shifted, resulting in the stronger performance of U.S. Treasuries and a weaker euro heading into year-end.
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