Aberdeen Global Income Fund, Inc. Announces Payment of Monthly Distribution
March 13 2009 - 3:19PM
PR Newswire (US)
PHILADELPHIA, March 13 /PRNewswire-FirstCall/ -- Aberdeen Global
Income Fund, Inc. (NYSE Alternext US: FCO) (the "Fund"), a
closed-end bond fund, today announced that it paid on March 13,
2009, a monthly distribution of US 7.0 cents per share to all
shareholders of record as of February 27, 2009. For the 12 months
to February 28, 2009, the Fund has paid total distributions
amounting to US $1.585 per share. The policy of the Fund's Board of
Directors is to provide investors with a stable monthly
distribution out of current income, supplemented by realized
capital gains and, to the extent necessary, paid-in capital. The
Fund is subject to U.S. corporate, tax and securities laws. Under
U.S. tax accounting rules, the amount of distributable income for
each fiscal period depends on the actual exchange rates during the
entire year between the U.S. dollar and the currencies in which
Fund assets are denominated and on the aggregate gains and losses
realized by the Fund during the entire year. Therefore the exact
amount of distributable income for each fiscal year can only be
determined as of the end of the Fund's fiscal year, October 31.
However, under the Investment Company Act of 1940, the Fund may be
required to indicate the sources of certain distributions to
shareholders. The Fund estimates that the distributions for the
fiscal year commencing November 1, 2008, including the distribution
paid on March 13, 2009, are comprised entirely of net investment
income. This estimated distribution composition may vary from month
to month because it may be materially impacted by future realized
gains and losses on securities and fluctuations in the value of the
currencies in which Fund assets are denominated. In January 2010, a
Form 1099-DIV will be sent to shareholders, which will state the
amount and composition of distributions and provide information
with respect to their appropriate tax treatment for the 2009
calendar year. The Fund is managed by Aberdeen Asset Management
Asia Limited and advised by Aberdeen Asset Management Limited. The
Fund's shares trade on the NYSE Alternext US under the symbol
"FCO". If you If you wish to receive this information
electronically, please contact www.aberdeeninvestments.com Aberdeen
Asset Management Asia Limited and Aberdeen Asset Management Limited
are registered investment advisers under the Investment Advisers
Act of 1940. DATASOURCE: Aberdeen Global Income Fund, Inc. CONTACT:
Investor Relations of Aberdeen Asset Management Inc.,
+1-866-839-5233, Web Site: http://www.aberdeeninvestments.com/
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