abrdn Global Income Fund (NYSEAMERICAN:FCO) Stock Price Up 0.9% – Still a Buy?

Posted by Francis Steltz on May 21st, 2026

abrdn Global Income Fund, Inc. (NYSEAMERICAN:FCO – Get Free Report) rose 0.9% during trading on Wednesday . The stock traded as high as $2.60 and last traded at $2.5840. Approximately 62,892 shares changed hands during trading, a decline of 64% from the average daily volume of 176,846 shares. The stock had previously closed at $2.56.

abrdn Global Income Fund Trading Up 0.9%

The firm has a fifty day moving average price of $2.90 and a 200 day moving average price of $2.97.

abrdn Global Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 30th. Investors of record on Wednesday, April 22nd were issued a $0.07 dividend. This represents a c) annualized dividend and a yield of 32.5%. The ex-dividend date was Wednesday, April 22nd.

Institutional Trading of abrdn Global Income Fund

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Sit Investment Associates Inc. purchased a new stake in abrdn Global Income Fund in the 4th quarter valued at about $590,000. Van Diest Capital LLC purchased a new stake in abrdn Global Income Fund in the 4th quarter valued at about $74,000. Equitable Holdings Inc. acquired a new position in abrdn Global Income Fund in the 4th quarter valued at about $34,000. Total Wealth Planning & Management Inc. acquired a new position in abrdn Global Income Fund in the 4th quarter valued at about $42,000. Finally, Susquehanna International Group LLP grew its position in abrdn Global Income Fund by 167.1% in the 3rd quarter. Susquehanna International Group LLP now owns 53,629 shares of the company’s stock valued at $160,000 after acquiring an additional 33,547 shares in the last quarter. 10.79% of the stock is currently owned by hedge funds and other institutional investors.

abrdn Global Income Fund Company Profile

(Get Free Report)

abrdn Global Income Fund (NYSE American: FCO) is a closed-end management investment company that seeks to provide investors with high current income and the potential for capital appreciation. Managed by abrdn’s global investment team, the fund pursues a diversified strategy across both fixed-income and equity markets. It is structured to deliver monthly distributions by combining income-generating securities with active portfolio management and selective use of leverage.

The fund’s core holdings typically include a broad range of global corporate bonds, convertible securities, preferred stocks and high-yield credit.