Aberdeen Global Income Fund, Inc. Announces Executive Changes
April 29, 2021 at 08:53 pm EDT
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Aberdeen Global Income Fund, Inc. announced that effective at the shareholder meeting on April 29, 2021, Peter D. Sacks retired from the Fund pursuant to the Fund's retirement policy. In light of the foregoing, the Board has approved the appointment of Ms. Radhika Ajmera as a Class III Director. Effective upon the retirement of Mr. Sacks, the Board appointed Mr. Sell, an Independent Director, to serve in the role of Audit and Valuation Committee Chair.
abrdn Global Income Fund, Inc. (the Fund) is a closed-end, non-diversified management investment company. The Fund's principal investment objective is to provide high current income by investing primarily in fixed income securities. Its secondary investment objective is to seek capital appreciation, but only when consistent with its principal investment objective. It invests approximately 80% of its net assets in debt securities. The Fund's investments are divided into three categories: Developed Markets, Investment Grade Developing Markets and Sub-Investment Grade Developing Markets. Approximately 60% of its total assets are invested in fixed income securities of issuers in Developed Markets or Investment Grade Developing Markets. The Fund also invests approximately 40% of its total assets in fixed income securities of issuers in Developed Markets. The Fund's investment manager is abrdn Asia Limited. Its sub-adviser is abrdn Investments Limited.
ABRDN GLOBAL INCOME FUND, INC. 
