abrdn Global Income Fund, Inc. (FCO) Announces Shareholder Approval Relating to Proposed Reorganization
As of the record date,
- Approve an Agreement and Plan of Reorganization between the
abrdn Global Income Fund, Inc. (NYSE American: FCO) andabrdn Asia-Pacific Income Fund, Inc. (NYSE American: FAX). - Approve the liquidation and dissolution of FCO.
|
Proposal |
Votes For |
Votes |
Votes Abstained |
|
1 |
6,817,678 |
1,712,801 |
343,712 |
|
2 |
6,614,103 |
1,880,729 |
379,361 |
The reorganization is currently expected to be completed in the second quarter of 2026, subject to the satisfaction of customary closing conditions. Additional details on the reorganization will be announced in due course.
Important Information
Closed-end funds are traded on the secondary market through one of the stock exchanges. A fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that a fund will achieve its investment objective. Past performance does not guarantee future results.
The value at which a closed-end fund stock trades on a stock exchange is a function of external market factors that are not under the control of the Fund's Board or Investment Advisor. Closed-end fund shares may therefore trade at a premium or a discount to net asset value at any given time. Shareholders should be aware that a fund trading at a premium to net asset value may not be sustainable, and a fund's discount to net asset value can widen as well as narrow. Shareholders of a fund trading at a premium who participate in that fund's dividend reinvestment plan should note the reinvestment of distributions may occur at a premium to net asset value.
About
Aberdeen
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