Aberdeen Global Income Fund Inc (FCO) : Shaker Financial Services added new position in Aberdeen Global Income Fund Inc during the most recent quarter end. The investment management firm now holds 102,994 shares of Aberdeen Global Income Fund Inc which is valued at $909,437 , the company said in a statement filed on Aug 1, 2016 with the SEC.Aberdeen Global Income Fund Inc makes up approximately 0.61% of Shaker Financial Services’s portfolio.
Other Hedge Funds, Including , Signaturefd sold out all of its stake in FCO during the most recent quarter. The investment firm sold 3,775 shares of FCO which is valued $33,258.
Aberdeen Global Income Fund Inc. is a closed-end non-diversified management investment company. The Funds objective is to provide high current income by investing primarily in fixed income securities. As a secondary investment objective the Fund seeks capital appreciation but only when consistent with its principal investment objective. Aberdeen Asset Management Asia Limited serves as investment manager to the Fund. Aberdeen Asset Management Limited serves as the investment adviser. The Funds investments are divided into three categories: Developed Markets Investment Grade Developing Markets and Sub-Investment Grade Developing Markets. The Fund focuses on asset management including equities fixed income property and multi-asset portfolios. As of August 31 2014 the Fund manage assets of $550.4 billion on behalf of institutional and private investors.