abrdn Global Income Fund, Inc.

abrdn Global Income Fund, Inc.verified

FCO

Price:

$6.03

Market Cap:

$80.88M

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. It primarily invests in fixed-income securities denominated in the Commonwealth currencies and global debt securities. The fund benchmarks the performance of its portfolio against a composite index comprised of 20% Bank of America Merrill Lynch Australian Government Bonds Index, 20% Bank of America Merrill Lynch UK Government Bonds Index, 15% Bank of America Merrill Lynch Canadian Government...[Read more]

Industry

Asset Management - Income

IPO Date

1992-03-12

Stock Exchange

NYSE

Ticker

FCO

The ROE as of November 2024 (TTM) for abrdn Global Income Fund, Inc. (FCO) is 10.65%

According to abrdn Global Income Fund, Inc.’s latest financial reports and current stock price. The company's current ROE is 10.65%. This represents a change of 1.80% compared to the average of 0.56% of the last 4 quarters.

abrdn Global Income Fund, Inc. (FCO) Historical ROE (quarterly & annually)

How has FCO ROE performed in the past?

The mean historical ROE of abrdn Global Income Fund, Inc. over the last ten years is -1.66%. The current 10.65% ROE has changed -742.93% with respect to the historical average. Over the past ten years (40 quarters), FCO's ROE was at its highest in in the July 2020 quarter at 6.63%. The ROE was at its lowest in in the January 2020 quarter at -10.78%.

Quarterly (TTM)
Annual

Average

-1.66%

Median

4.21%

Minimum

-35.40%

Maximum

9.97%

abrdn Global Income Fund, Inc. (FCO) ROE by Quarter and Year

Discovering the peaks and valleys of abrdn Global Income Fund, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 19.72%

Maximum Annual ROE = 9.97%

Minimum Annual Increase = -1265.17%

Minimum Annual ROE = -35.40%

Quarterly (TTM)
Annual
YearROEChange
20239.97%-128.18%
2022-35.40%-510.11%
20218.63%-226.53%
2020-6.82%-178.07%
20198.74%-304.86%
2018-4.27%-149.62%
20178.60%19.72%
20167.18%-149.75%
2015-14.43%-1265.17%
20141.24%-119.23%

abrdn Global Income Fund, Inc. (FCO) Average ROE

How has FCO ROE performed in the past?

The current ROE of abrdn Global Income Fund, Inc. (FCO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-5.60%

5-year avg

-2.98%

10-year avg

-1.66%

abrdn Global Income Fund, Inc. (FCO) ROE vs. Peers

How is FCO’s ROE compared to its peers?

abrdn Global Income Fund, Inc.’s ROE is less than Abrdn Australia Equity Fund Inc (3.70%), less than Western Asset Emerging Markets Debt Fund Inc. (18.89%), less than CBRE Global Real Estate Income Fund (8.67%), less than Credit Suisse High Yield Bond Fund, Inc. (12.40%), less than Abrdn Japan Equity Fund Inc (11.80%), less than Tortoise Energy Independence Fund, Inc. (28.99%), less than The European Equity Fund, Inc. (10.17%), greater than The New Germany Fund, Inc. (-6.48%), less than Virtus Stone Harbor Emerging Markets Income Fund (29.73%), less than Virtus Global Multi-Sector Income Fund (9.07%), less than Miller/Howard High Income Equity Fund (9.41%), less than The Cushing MLP & Infrastructure Total Return Fund (34.69%), greater than Virtus Stone Harbor Emerging Markets Total Income Fund (-26.23%), greater than Clough Global Opportunities Fund (-6.20%), less than RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (8.44%), less than Cornerstone Total Return Fund, Inc. (20.06%),

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