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Aberdeen Global Income Fund

AMEX:FCO
Snowflake Description

Second-rate dividend payer with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FCO
AMEX
$71M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

Aberdeen Global Income Fund, Inc. is a closed-ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The last earnings update was 105 days ago. More info.


Add to Portfolio Compare Print
  • Aberdeen Global Income Fund is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
FCO Share Price and Events
7 Day Returns
-1.1%
AMEX:FCO
-0.1%
US Capital Markets
-0.8%
US Market
1 Year Returns
-4.7%
AMEX:FCO
-7.3%
US Capital Markets
7%
US Market
FCO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Aberdeen Global Income Fund (FCO) -1.1% -0.2% 4.1% -4.7% -4.6% -27.2%
US Capital Markets -0.1% 7.9% 3.4% -7.3% 54% 71.3%
US Market -0.8% 2.7% 7.5% 7% 37.9% 47%
1 Year Return vs Industry and Market
  • FCO outperformed the Capital Markets industry which returned -7.3% over the past year.
  • FCO underperformed the Market in United States of America which returned 7% over the past year.
Price Volatility
FCO
Industry
5yr Volatility vs Market

Value

 Is Aberdeen Global Income Fund undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Aberdeen Global Income Fund to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Aberdeen Global Income Fund.

AMEX:FCO Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $9.19 * 5.1%
$0.47
Book Value of Equity per Share Median Book Value from the past 5 years. $9.19
Discount Rate (Cost of Equity) See below 9.2%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AMEX:FCO
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6.7%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.727 (1 + (1- 19%) (40.07%))
0.975
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.98
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.975 * 6.65%)
9.21%

Discounted Cash Flow Calculation for AMEX:FCO using Excess Returns Model Model

The calculations below outline how an intrinsic value for Aberdeen Global Income Fund is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

AMEX:FCO Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (5.1% – 9.21%) * $9.19)
$-0.38
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $-0.38 / (9.21% - 2.73%)
$-5.78
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $9.19 + $-5.78
$3.41
AMEX:FCO Discount to Share Price
Calculation Result
Value per share (USD) From above. $3.41
Current discount Discount to share price of $8.18
= -1 x ($8.18 - $3.41) / $3.41
-140.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Aberdeen Global Income Fund is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Aberdeen Global Income Fund's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Aberdeen Global Income Fund's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AMEX:FCO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in USD $-0.34
AMEX:FCO Share Price ** AMEX (2019-04-22) in USD $8.18
United States of America Capital Markets Industry PE Ratio Median Figure of 87 Publicly-Listed Capital Markets Companies 30.77x
United States of America Market PE Ratio Median Figure of 3,080 Publicly-Listed Companies 18.21x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Aberdeen Global Income Fund.

AMEX:FCO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AMEX:FCO Share Price ÷ EPS (both in USD)

= 8.18 ÷ -0.34

-24.01x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Aberdeen Global Income Fund is loss making, we can't compare its value to the US Capital Markets industry average.
  • Aberdeen Global Income Fund is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Aberdeen Global Income Fund's expected growth come at a high price?
Raw Data
AMEX:FCO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -24.01x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Capital Markets Industry PEG Ratio Median Figure of 34 Publicly-Listed Capital Markets Companies 2.67x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Aberdeen Global Income Fund, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Aberdeen Global Income Fund's assets?
Raw Data
AMEX:FCO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in USD $7.99
AMEX:FCO Share Price * AMEX (2019-04-22) in USD $8.18
United States of America Capital Markets Industry PB Ratio Median Figure of 170 Publicly-Listed Capital Markets Companies 7.11x
United States of America Market PB Ratio Median Figure of 5,186 Publicly-Listed Companies 1.91x
AMEX:FCO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AMEX:FCO Share Price ÷ Book Value per Share (both in USD)

= 8.18 ÷ 7.99

1.02x

* Primary Listing of Aberdeen Global Income Fund.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Aberdeen Global Income Fund is good value based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess Aberdeen Global Income Fund's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Aberdeen Global Income Fund has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Aberdeen Global Income Fund expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Aberdeen Global Income Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.9%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Aberdeen Global Income Fund expected to grow at an attractive rate?
  • Unable to compare Aberdeen Global Income Fund's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Aberdeen Global Income Fund's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Aberdeen Global Income Fund's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AMEX:FCO Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 6.9%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 4.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.5%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AMEX:FCO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AMEX:FCO Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-10-31 6 8 -3
2018-07-31 6 7 1
2018-04-30 6 5 4
2018-01-31 6 5 5
2017-10-31 6 6 7
2017-07-31 6 7 6
2017-04-30 6 8 5
2017-01-31 5 11 5
2016-10-31 5 13 6
2016-07-31 5 17 1
2016-04-30 5 21 -3
2016-01-31 6 27 -8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Aberdeen Global Income Fund is high growth as no earnings estimate data is available.
  • Unable to determine if Aberdeen Global Income Fund is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AMEX:FCO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Aberdeen Global Income Fund Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:FCO Past Financials Data
Date (Data in USD Millions) EPS *
2018-10-31 -0.34
2018-07-31 0.07
2018-04-30 0.47
2018-01-31 0.63
2017-10-31 0.79
2017-07-31 0.67
2017-04-30 0.55
2017-01-31 0.60
2016-10-31 0.66
2016-07-31 0.14
2016-04-30 -0.38
2016-01-31 -0.87

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Aberdeen Global Income Fund will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Aberdeen Global Income Fund's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Aberdeen Global Income Fund has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Aberdeen Global Income Fund performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Aberdeen Global Income Fund's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Aberdeen Global Income Fund does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Aberdeen Global Income Fund's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Aberdeen Global Income Fund's 1-year growth to the US Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
Aberdeen Global Income Fund's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Aberdeen Global Income Fund Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:FCO Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 6.17 -2.97 1.43
2018-07-31 6.28 0.57 1.49
2018-04-30 6.40 4.12 1.54
2018-01-31 6.36 5.50 1.54
2017-10-31 6.33 6.88 1.54
2017-07-31 5.97 5.82 1.52
2017-04-30 5.60 4.77 1.50
2017-01-31 5.27 5.28 1.51
2016-10-31 4.95 5.79 1.51
2016-07-31 5.06 1.23 1.54
2016-04-30 5.17 -3.32 1.56
2016-01-31 5.54 -7.65 1.62
2015-10-31 5.91 -11.97 1.68
2015-07-31 6.18 -8.93 1.77
2015-04-30 6.45 -5.89 1.86
2015-01-31 6.61 -2.29 1.90
2014-10-31 6.78 1.31 1.95
2014-07-31 6.99 -3.63 1.96
2014-04-30 7.21 -8.57 1.98
2014-01-31 7.36 -8.00 2.02
2013-10-31 7.51 -7.42 2.06
2013-07-31 7.62 1.34 2.09
2013-04-30 7.74 10.11 2.13
2013-01-31 7.93 11.23 2.11
2012-10-31 8.13 12.35 2.08
2012-07-31 8.40 10.86 2.05
2012-04-30 8.68 9.38 2.01

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Aberdeen Global Income Fund has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Aberdeen Global Income Fund has efficiently used its assets last year compared to the US Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Aberdeen Global Income Fund improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Aberdeen Global Income Fund's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Aberdeen Global Income Fund has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Aberdeen Global Income Fund's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Aberdeen Global Income Fund's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Aberdeen Global Income Fund is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Aberdeen Global Income Fund's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Aberdeen Global Income Fund's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Aberdeen Global Income Fund Company Filings, last reported 5 months ago.

AMEX:FCO Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 69.69 28.60 2.29
2018-07-31 69.69 28.60 2.29
2018-04-30 76.97 31.50 1.71
2018-01-31 76.97 31.50 1.71
2017-10-31 79.99 31.50 3.47
2017-07-31 79.99 31.50 3.47
2017-04-30 80.18 31.50 1.25
2017-01-31 80.18 31.50 1.25
2016-10-31 80.61 31.51 6.50
2016-07-31 80.61 31.51 6.50
2016-04-30 82.98 31.54 6.32
2016-01-31 82.98 31.54 6.32
2015-10-31 82.95 31.55 4.54
2015-07-31 82.95 31.55 4.54
2015-04-30 95.80 35.00 6.32
2015-01-31 95.80 35.00 6.32
2014-10-31 105.65 40.00 7.70
2014-07-31 105.65 40.00 7.70
2014-04-30 111.18 40.00 4.50
2014-01-31 111.18 40.00 4.50
2013-10-31 115.21 40.00 9.19
2013-07-31 115.21 40.00 9.19
2013-04-30 130.70 40.49 5.74
2013-01-31 130.70 40.49 5.74
2012-10-31 128.11 40.89 4.83
2012-07-31 128.11 40.89 4.83
2012-04-30 124.96 40.50 6.32
  • Aberdeen Global Income Fund's level of debt (41%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (34.7% vs 41% today).
  • Debt is well covered by operating cash flow (29.7%, greater than 20% of total debt).
  • Aberdeen Global Income Fund is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Aberdeen Global Income Fund's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Aberdeen Global Income Fund has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Aberdeen Global Income Fund's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
10.27%
Current annual income from Aberdeen Global Income Fund dividends.
If you bought $2,000 of Aberdeen Global Income Fund shares you are expected to receive $205 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Aberdeen Global Income Fund's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.39%).
  • Aberdeen Global Income Fund's dividend is above the markets top 25% of dividend payers in United States of America (3.62%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AMEX:FCO Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2008 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AMEX:FCO Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-09 0.840 10.212
2019-03-11 0.840 10.304
2019-02-11 0.840 10.378
2019-01-10 0.840 10.677
2018-12-11 0.840 11.594
2018-11-09 0.840 10.570
2018-10-09 0.840 10.111
2018-09-12 0.840 10.011
2018-08-09 0.840 10.391
2018-07-11 0.840 10.413
2018-06-11 0.840 10.633
2018-05-09 0.840 10.338
2018-04-10 0.840 9.791
2018-03-09 0.840 9.760
2018-02-09 0.840 9.713
2018-01-10 0.840 9.235
2017-12-11 0.840 9.380
2017-11-09 0.840 9.650
2017-10-10 0.840 9.311
2017-09-12 0.840 9.359
2017-08-09 0.840 9.476
2017-06-09 0.840 9.586
2017-05-09 0.840 9.648
2017-04-11 0.840 9.736
2017-03-09 0.840 9.997
2017-02-09 0.840 9.883
2017-01-11 0.840 10.124
2016-12-09 0.840 10.457
2016-11-09 0.840 10.606
2016-10-11 0.840 10.069
2016-09-12 0.840 9.674
2016-08-09 0.840 9.324
2016-06-09 0.840 9.634
2016-05-10 0.840 9.963
2016-04-11 0.840 9.847
2016-03-09 0.840 10.121
2016-02-09 0.840 10.867
2016-01-12 0.840 11.418
2015-12-09 0.840 11.008
2015-11-10 0.840 10.876
2015-10-09 0.840 10.443
2015-09-10 0.840 10.899
2015-08-11 0.840 10.622
2015-07-10 0.840 10.142
2015-05-11 0.840 9.404
2015-04-10 0.840 8.852
2015-03-10 0.840 8.996
2015-02-10 0.840 8.905
2014-12-09 0.840 8.729
2014-11-11 0.840 8.263
2014-10-09 0.840 8.031
2014-09-10 0.840 7.719
2014-08-11 0.840 7.475
2014-07-10 0.840 7.305
2014-06-10 0.840 7.103
2014-05-09 0.840 7.324
2014-04-09 0.840 7.499
2014-03-11 0.840 7.819
2014-02-11 0.840 7.880
2014-01-10 0.840 8.045
2013-12-10 0.840 8.055
2013-11-12 0.840 7.901
2013-10-09 0.840 7.608
2013-09-11 0.840 7.761
2013-08-09 0.840 7.968
2013-07-10 0.840 7.729
2013-06-11 0.840 7.544
2013-05-09 0.840 6.642
2013-04-09 0.840 6.119
2013-03-11 0.840 6.131
2013-02-11 0.840 6.044
2013-01-10 0.840 5.944
2012-12-14 0.840 5.915
2012-10-10 0.840 6.005
2012-09-12 0.840 5.950
2012-08-20 0.840 5.968
2012-07-16 0.840 5.944
2012-07-13 0.840 6.068
2012-05-14 0.840 6.202
2012-04-16 0.840 5.978
2012-03-08 0.840 6.072
2012-02-13 0.840 6.034
2012-01-18 0.840 6.001
2011-12-08 0.840 6.016
2011-11-14 0.840 6.078
2011-10-17 0.840 6.382
2011-09-09 0.840 6.366
2011-08-15 0.840 5.970
2011-07-18 0.840 6.155
2011-06-09 0.840 6.263
2011-05-16 0.840 6.251
2011-04-18 0.840 6.274
2011-03-10 0.840 6.579
2011-02-14 0.840 6.672
2011-01-18 0.840 6.714
2010-12-09 0.840 6.763
2010-10-18 0.840 6.654
2010-09-09 0.840 6.728
2010-08-16 0.840 6.843
2010-07-19 0.840 6.904
2010-06-10 0.840 7.078
2010-05-17 0.840 7.700
2010-04-19 0.840 7.067
2010-03-11 0.840 7.069
2010-02-16 0.840 7.210
2010-01-19 0.840 7.098
2009-12-10 0.840 6.807
2009-10-19 0.840 6.832
2009-09-10 0.840 7.095
2009-08-17 0.840 7.745
2009-07-13 0.840 7.810
2009-06-11 0.840 7.942
2009-05-18 0.840 7.934
2009-04-23 0.840 8.904

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • No dividend growth in 10 years.
Current Payout to shareholders
What portion of Aberdeen Global Income Fund's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Aberdeen Global Income Fund's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Aberdeen Global Income Fund afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Aberdeen Global Income Fund has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Aberdeen Global Income Fund's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Aberdeen Global Income Fund has no CEO, or we have no data on them.
Management Team

Martin Gilbert

TITLE
VP, Interested Director
AGE
63

Hugh Young

TITLE
Global Head of Equities & MD of Asian Equities
AGE
60

Christian Pittard

TITLE
President
AGE
45

Andrea Melia

TITLE
Chief Financial Officer
AGE
49

Jeff Cotton

TITLE
Chief Compliance Officer and Vice President of Compliance
AGE
41

Megan Kennedy

TITLE
Vice President and Secretary
AGE
44

Theresa Allo

TITLE
Member of Trade Processing Department for Jersey

Linda Baker

TITLE
Member of Trade Processing Department for Jersey

Heather Richard

TITLE
Member of Trade Processing Department for Jersey

Alan Goodson

TITLE
Vice President
AGE
44
Board of Directors Tenure

Average tenure and age of the Aberdeen Global Income Fund board of directors in years:

23.8
Average Tenure
71
Average Age
  • The average tenure for the Aberdeen Global Income Fund board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

P. Malone

TITLE
Chairman
COMPENSATION
$59K
AGE
68
TENURE
14.3 yrs

Martin Gilbert

TITLE
VP, Interested Director
AGE
63
TENURE
18.3 yrs

John Sheehy

TITLE
Independent Director
COMPENSATION
$49K
AGE
76
TENURE
27.3 yrs

Bill Potter

TITLE
Independent Director
COMPENSATION
$42K
AGE
70
TENURE
27.3 yrs

Peter Sacks

TITLE
Independent Director
COMPENSATION
$39K
AGE
73
TENURE
27.3 yrs

Neville Miles

TITLE
Independent Director
COMPENSATION
$34K
AGE
72
TENURE
20.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
21. Dec 18 Buy Moritz Sell Individual 20. Dec 18 20. Dec 18 1,000 $6.95 $6,950
X
Management checks
We assess Aberdeen Global Income Fund's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Aberdeen Global Income Fund has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Aberdeen Global Income Fund, Inc. is a closed-ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia 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. The fund benchmarks the performance of its portfolio against a composite index comprised of 20% Bank of America Merrill Lynch Australian Government Bonds Index, 20% Bank of America Merrill Lynch UK Government Bonds Index, 15% Bank of America Merrill Lynch Canadian Government Bonds Index, 15% Bank of America Merrill Lynch New Zealand Government Bonds Index, and 30% Bank of America Merrill Lynch Global Emerging Markets Index. Aberdeen Global Income Fund, Inc. was formed on June 28, 1991 and is domiciled in the United States.

Details
Name: Aberdeen Global Income Fund, Inc.
FCO
Exchange: AMEX
Founded: 1991
$71,368,774
8,724,789
Website: http://www.aberdeenfco.com
Address: Aberdeen Global Income Fund, Inc.
Bow Bells House,
1 Bread Street,
London,
Greater London, EC4M 9HH,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AMEX FCO Common Shares NYSE MKT LLC US USD 12. Mar 1992
Number of employees
Current staff
Staff numbers
0
Aberdeen Global Income Fund employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 23:53
End of day share price update: 2019/04/22 00:00
Last earnings filing: 2019/01/07
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/10/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.