abrdn Global Income Fund (NYSEAMERICAN:FCO) Trading Down 2.4% – Here’s Why

Posted by Tammy Falkenburg on Oct 29th, 2025

abrdn Global Income Fund, Inc. (NYSEAMERICAN:FCO – Get Free Report) shares traded down 2.4% on Tuesday . The company traded as low as $2.86 and last traded at $2.88. 129,898 shares were traded during mid-day trading, a decline of 34% from the average session volume of 195,626 shares. The stock had previously closed at $2.95.

abrdn Global Income Fund Stock Down 2.4%

The stock’s fifty day moving average price is $4.24 and its two-hundred day moving average price is $5.58.

abrdn Global Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Friday, October 24th will be issued a dividend of $0.07 per share. This represents a c) dividend on an annualized basis and a yield of 29.2%. The ex-dividend date is Friday, October 24th.

Institutional Investors Weigh In On abrdn Global Income Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FCO. Oppenheimer & Co. Inc. raised its holdings in abrdn Global Income Fund by 1.7% during the 1st quarter. Oppenheimer & Co. Inc. now owns 109,299 shares of the company’s stock valued at $657,000 after buying an additional 1,879 shares during the last quarter. Detalus Advisors LLC bought a new stake in abrdn Global Income Fund during the 1st quarter valued at $66,000. Foundations Investment Advisors LLC bought a new stake in abrdn Global Income Fund during the 1st quarter valued at $61,000. Ethos Financial Group LLC bought a new stake in abrdn Global Income Fund during the 1st quarter valued at $96,000. Finally, Integrity Alliance LLC. bought a new stake in abrdn Global Income Fund during the 1st quarter valued at $138,000. 10.79% of the stock is currently owned by institutional investors.

About abrdn Global Income Fund

(Get Free Report)

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.