abrdn Global Income Fund, Inc. (NYSEAMERICAN:FCO - Get Free Report) shares fell 0.8% during mid-day trading on Monday . The company traded as low as $5.97 and last traded at $5.98. 59,073 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 102,599 shares. The stock had previously closed at $6.03.
abrdn Global Income Fund Trading Up 0.5 %
abrdn Global Income Fund Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be issued a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a yield of 14.07%. The ex-dividend date of this dividend is Friday, February 21st.
Institutional Inflows and Outflows
An institutional investor recently raised its position in abrdn Global Income Fund stock. Oppenheimer & Co. Inc. increased its holdings in shares of abrdn Global Income Fund, Inc. (NYSEAMERICAN:FCO - Free Report) by 10.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 107,420 shares of the company's stock after buying an additional 10,514 shares during the quarter. Oppenheimer & Co. Inc. owned about 0.86% of abrdn Global Income Fund worth $634,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 10.79% of the company's stock.
About abrdn Global Income Fund
(
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Abrdn Global Income Fund Inc is a closed-ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets across the globe.
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