RMB Capital Management LLC Buys Shares of 12,200 Aberdeen Global Income Fund Inc (NYSEAMERICAN:FCO)

RMB Capital Management LLC bought a new position in Aberdeen Global Income Fund Inc (NYSEAMERICAN:FCO) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 12,200 shares of the company’s stock, valued at approximately $87,000. RMB Capital Management LLC owned about 0.14% of Aberdeen Global Income Fund at the end of the most recent reporting period.

Separately, Shaker Financial Services LLC bought a new stake in Aberdeen Global Income Fund in the 4th quarter worth about $849,000.

Shares of Aberdeen Global Income Fund stock traded down $0.02 on Monday, reaching $8.27. 48,800 shares of the company traded hands, compared to its average volume of 25,754. Aberdeen Global Income Fund Inc has a 52 week low of $6.65 and a 52 week high of $8.85.

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 22nd will be given a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 10.16%. The ex-dividend date is Thursday, April 18th.

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Aberdeen Global Income Fund Company Profile

Aberdeen Global Income Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Aberdeen Asset Management Asia Limited. It is co-managed by Aberdeen Asset Management Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets across the globe. It primarily invests in fixed-income securities denominated in the Commonwealth currencies and global debt securities.

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