Aberdeen Global Income Fund, Inc. Announces Payment of Monthly Distribution
April 09 2009 - 11:29AM
PR Newswire (US)
PHILADELPHIA, April 9 /PRNewswire-FirstCall/ -- Aberdeen Global
Income Fund, Inc. (NYSE Alternext US: FCO) (the "Fund"), a
closed-end bond fund, today announced that it paid on April 9,
2009, a monthly distribution of US 7.0 cents per share to all
shareholders of record as of March 31, 2009. For the 12 months to
March 31, 2009, the Fund has paid total distributions amounting to
US $1.59 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
April 9, 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 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:
Aberdeen Asset Management Inc. Investor Relations, +1-866-839-5233,
Web Site: http://www.aberdeeninvestments.com/
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