N-Q 1 d274098dnq.htm ABERDEEN GLOBAL INCOME FUND, INC. Aberdeen Global Income Fund, Inc.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS

OF REGISTERED MANAGEMENT INVESTMENT COMPANY

 

Investment Company Act file number:    811-06342
Exact name of registrant as specified in charter:    Aberdeen Global Income Fund, Inc.
Address of principal executive offices:    1735 Market Street, 32nd Floor
   Philadelphia, PA 19103
Name and address of agent for service:    Ms. Andrea Melia
   Aberdeen Asset Management Inc.
   1735 Market Street 32nd Floor
   Philadelphia, PA 19103
Registrant’s telephone number, including area code:    800-522-5465
Date of fiscal year end:    October 31
Date of reporting period:    January 31, 2017

Item 1 – Schedule of Investments – The Schedule of Investments for the three-month period ended January 31, 2017 is filed herewith.

Portfolio of Investments (unaudited)

As of January 31, 2017

 

Principal Amount
(000)

     

Description

    Value
(US$)		  
CORPORATE BONDS - 58.0%  
ARGENTINA - 0.2%  
USD      150      Genneia SA, 8.75%, 01/20/2020(a)(b)    $ 155,250  
        

 

 

  
AUSTRALIA - 0.3%   
USD      235      QBE Insurance Group Ltd., 6.75%, 12/02/2024(a)(b)(c)(d)      250,275  
        

 

 

  
BANGLADESH - 0.3%   
USD      200      Banglalink Digital Communications Ltd., 8.63%, 05/06/2017(a)(b)      209,500  
        

 

 

  
BARBADOS - 0.3%   
USD      210      Sagicor Finance 2015 Ltd., 8.88%, 08/11/2019(a)(b)      236,250  
        

 

 

  
BELGIUM - 0.2%   
EUR      120      KBC Group NV, 5.63%, 03/19/2019(a)(b)(c)(d)(e)      130,518  
        

 

 

  
BRAZIL - 3.0%   
USD      206      Caixa Economica Federal, 4.25%, 05/13/2019(b)      207,545  
USD      320      Marfrig Overseas Ltd., 9.50%, 03/02/2017(a)(b)      330,000  
USD      420      OAS Financial Ltd., 8.88%, 04/25/2018(a)(b)(e)(f)(g)      12,600  
USD      640      Petrobras Global Finance BV, 8.38%, 05/23/2021      713,600  
USD      490      Petrobras International Finance Co., 5.38%, 01/27/2021      493,210  
USD      110      QGOG Atlantic, 5.25%, 03/02/2017(a)(b)(h)      105,614  
USD      560      QGOG Constellation SA, 6.25%, 03/02/2017(a)(b)      420,000  
USD      111      Vale Overseas Ltd., 4.38%, 01/11/2022      111,971  
        

 

 

  
     2,394,540  
        

 

 

  
CANADA - 1.6%   
USD      250      First Quantum Minerals Ltd., 6.75%, 03/03/2017(a)(b)      256,407  
CAD      370      Gateway Casinos & Entertainment Ltd., 8.50%, 03/02/2017(a)(b)      283,631  
USD      78      Kissner Holdings LP / Kissner Milling Co. Ltd. / BSC Holding, Inc. / Kissner USA, 8.38%, 06/01/2019(a)(b)      80,925  
USD      130      MEG Energy Corp., 6.38%, 07/30/2017(a)(b)      120,900  
USD      54      MEG Energy Corp., 6.50%, 01/15/2020(a)(b)      54,540  
USD      145      MEG Energy Corp., 7.00%, 09/30/2018(a)(b)      136,300  
USD      175      Teck Resources Ltd., 8.00%, 06/01/2018(a)(b)      192,938  
USD      128      Telesat Canada / Telesat LLC, 8.88%, 11/15/2019(a)(b)      137,280  
        

 

 

  
     1,262,921  
        

 

 

  
CHINA - 0.3%   
USD      210      Future Land Development Holdings Ltd., 10.25%, 07/21/2017(a)(b)      226,148  
        

 

 

  
DOMINICAN REPUBLIC - 0.5%   
USD      400      AES Andres BV / Dominican Power Partners / Empresa Generadora de Electricidad It, 7.95%, 05/11/2021(a)(b)      418,508  
        

 

 

  
FRANCE - 0.8%   
EUR      270      Novafives SAS, 4.50%, 06/30/2017(a)(b)      277,329  
USD      315      SFR Group SA, 6.00%, 05/15/2017(a)(b)      324,056  
        

 

 

  
     601,385  
        

 

 

  
GEORGIA - 1.1%   
USD      200      BGEO Group JSC, 6.00%, 07/26/2023(b)      202,152  
USD      250      Georgian Oil and Gas Corp., 6.75%, 04/26/2021(b)      262,550  
USD      400      Georgian Railway JSC, 7.75%, 07/11/2022 (b)      435,160  
        

 

 

  
     899,862  
        

 

 

  
GERMANY - 3.4%   
EUR      245      ALBA Group PLC & Co. KG, 8.00%, 05/15/2017(a)(b)      263,155  

 

See Notes to Portfolio of Investments.

Aberdeen Global Income Fund, Inc.

Portfolio of Investments (unaudited) (continued)

As of January 31, 2017

 

Principal Amount
(000)

     

Description

    Value
(US$)		  
CORPORATE BONDS (continued)  
AUD      3,000      Landwirtschaftliche Rentenbank, 6.25%, 04/13/2018(i)    $ 2,386,968  
        

 

 

  
     2,650,123  
        

 

 

  
GUATEMALA - 0.7%  
USD      200      Comunicaciones Celulares SA, 6.88%, 02/06/2019(a)(b)      209,500  
USD      300      Industrial Subordinated Trust, 8.25%, 07/27/2021(b)      314,250  
        

 

 

  
     523,750  
        

 

 

  
HONG KONG - 0.3%  
USD      210      Shimao Property Holdings Ltd., 8.38%, 02/10/2019(a)(b)      235,136  
        

 

 

  
INDIA - 3.8%  
INR      50,000      Axis Bank Ltd., 7.60%, 10/20/2023      760,907  
INR      50,000      HDFC Bank Ltd., 7.95%, 09/21/2026      752,821  
INR      50,000      Housing Development Finance Corp. Ltd., 7.90%, 08/24/2026      747,596  
INR      50,000      Power Finance Corp. Ltd., 7.63%, 08/14/2026      755,426  
        

 

 

  
     3,016,750  
        

 

 

  
INDONESIA - 1.1%  
USD      370      Pertamina Persero PT, 4.30%, 05/20/2023(b)      372,367  
USD      560      Pertamina Persero PT, 5.63%, 05/20/2043(b)      530,696  
        

 

 

  
     903,063  
        

 

 

  
ITALY - 0.4%  
EUR      115      Marcolin SpA, 8.50%, 03/02/2017(a)(b)      129,945  
USD      200      Wind Acquisition Finance SA, 7.38%, 04/23/2017(a)(b)      207,980  
        

 

 

  
     337,925  
        

 

 

  
KAZAKHSTAN - 1.2%  
USD      200      KazMunayGas National Co. JSC, 7.00%, 05/05/2020(b)      219,718  
USD      216      Tengizchevroil Finance Co. International Ltd., 4.00%, 08/15/2026(b)(h)      202,475  
USD      510      Zhaikmunai LLP, 7.13%, 03/03/2017(a)(b)      501,075  
        

 

 

  
     923,268  
        

 

 

  
LUXEMBOURG - 1.6%  
USD      200      Altice Financing SA, 7.50%, 05/15/2021(a)(b)      211,000  
EUR      275      Altice Luxembourg SA, 7.25%, 05/15/2017(a)(b)      315,787  
EUR      240      ARD Finance SA, 6.63%, 09/15/2019(a)(b)(j)      261,697  
EUR      100      Codere Finance 2 Luxembourg SA, 6.75%, 10/31/2018(a)(b)      105,752  
EUR      175      DEA Finance SA, 7.50%, 04/15/2019(a)(b)      203,553  
EUR      120      INEOS Group Holdings SA, 5.38%, 08/01/2019(a)(b)      133,060  
        

 

 

  
     1,230,849  
        

 

 

  
MEXICO - 1.8%  
USD      250      Alfa SAB de CV, 6.88%, 09/25/2043(a)(b)      236,875  
USD      200      Cemex SAB de CV, 7.75%, 04/16/2021(a)(b)      222,250  
USD      210      Credito Real SAB de CV SOFOM ER, 7.25%, 07/20/2020(a)(b)      210,000  
USD      270      Nemak SAB de CV, 5.50%, 02/28/2018(a)(b)      265,599  
USD      280      Pemex Project Funding Master Trust, 6.63%, 06/15/2035      273,896  
USD      250      Unifin Financiera SAB de CV SOFOM ENR, 7.25%, 09/27/2020(a)(b)      243,125  
        

 

 

  
     1,451,745  
        

 

 

  
NETHERLANDS - 0.9%  
EUR      230      Constellium, 4.63%, 05/15/2017(a)(b)      244,685  
USD      200      GTH Finance BV, 7.25%, 01/26/2023(a)(b)      218,000  
USD      260      Ziggo Secured Finance BV, 5.50%, 01/15/2022(a)(b)      259,025  
        

 

 

  
     721,710  
        

 

 

  

 

See Notes to Portfolio of Investments.

Aberdeen Global Income Fund, Inc.

Portfolio of Investments (unaudited) (continued)

As of January 31, 2017

 

Principal Amount
(000)

     

Description

    Value
(US$)		  
CORPORATE BONDS (continued)  
NIGERIA - 0.5%   
USD      210      Access Bank PLC, 10.50%, 10/19/2021(b)    $ 211,533  
USD      200      Ihs Netherlands Holdco BV, 9.50%, 10/27/2018(a)(b)      211,215  
        

 

 

  
     422,748  
        

 

 

  
PARAGUAY - 0.3%   
USD      250      Banco Regional SAECA, 8.13%, 01/24/2019(b)      265,125  
        

 

 

  
PERU - 0.5%   
USD      190      InRetail Consumer, 5.25%, 10/10/2018(a)(b)      194,275  
USD      160      Union Andina de Cementos SAA, 5.88%, 10/30/2018(a)(b)      165,216  
        

 

 

  
     359,491  
        

 

 

  
REPUBLIC OF IRELAND - 0.2%   
GBP      150      PGH Capital PLC, 6.63%, 12/18/2025      199,992  
        

 

 

  
RUSSIA - 2.6%   
USD      100      EDC Finance Ltd., 4.88%, 04/17/2020(b)      101,750  
USD      230      Evraz Group SA, 6.75%, 01/31/2022(b)      246,675  
USD      310      Gazprom Neft OAO Via GPN Capital SA, 4.38%, 09/19/2022(b)      309,188  
USD      284      Global Ports Finance PLC, 6.87%, 01/25/2022(b)      296,070  
USD      300      Lukoil International Finance BV, 4.56%, 04/24/2023(b)      302,310  
USD      200      Polyus Gold International Ltd., 5.25%, 02/07/2023      200,000  
USD      260      Sberbank of Russia Via SB Capital SA, 6.13%, 02/07/2022(b)      282,802  
USD      270      Vimpel Communications Via VIP Finance Ireland Ltd. OJSC, 7.75%, 02/02/2021(b)      301,725  
        

 

 

  
     2,040,520  
        

 

 

  
SOUTH AFRICA - 0.8%   
USD      400      Eskom Holdings SOC Ltd., 7.13%, 02/11/2025(b)      404,166  
USD      200      MTN Mauritius Investment Ltd., 6.50%, 10/13/2026(b)      202,010  
        

 

 

  
     606,176  
        

 

 

  
SPAIN - 0.4%   
EUR      290      Obrascon Huarte Lain SA, 4.75%, 03/15/2018(a)(b)      228,530  
EUR      100      OHL Investments SA, 4.00%, 04/25/2018(b)      101,185  
        

 

 

  
     329,715  
        

 

 

  
SUPRANATIONAL - 2.5%   
AUD      2,000      International Bank for Reconstruction & Development, 5.75%, 10/21/2019      1,654,879  
INR      23,400      International Bank for Reconstruction & Development, 6.38%, 08/07/2018      349,751  
        

 

 

  
     2,004,630  
        

 

 

  
SWITZERLAND - 0.1%   
EUR      100      Selecta Group BV, 6.50%, 03/02/2017(a)(b)      99,972  
        

 

 

  
TURKEY - 0.8%   
USD      200      Arcelik, 5.00%, 04/03/2023(b)      189,540  
USD      209      Turkiye Vakiflar Bankasi TAO, 6.00%, 11/01/2022(b)      196,021  
USD      250      Yasar Holdings AS, 8.88%, 11/06/2017(a)(b)      253,385  
        

 

 

  
     638,946  
        

 

 

  
UNITED ARAB EMIRATES - 0.7%   
USD      480      Jafz Sukuk Ltd., 7.00%, 06/19/2019(b)      524,227  
        

 

 

  
UNITED KINGDOM - 2.9%   
GBP      98      Annington Finance No 5 PLC, 13.00%, 01/15/2018(a)(b)(j)      141,329  
GBP      100      Boparan Finance PLC, 5.50%, 07/15/2017(a)(b)      123,000  
GBP      110      Cabot Financial Luxembourg SA, 6.50%, 04/01/2017(a)(b)      140,857  
EUR      130      Corral Petroleum Holdings, 11.75%, 05/15/2019(a)(b)(j)      141,850  

 

See Notes to Portfolio of Investments.

Aberdeen Global Income Fund, Inc.

Portfolio of Investments (unaudited) (continued)

As of January 31, 2017

 

Principal Amount
(000)

     

Description

    Value
(US$)		  
CORPORATE BONDS (continued)  
GBP      110      CYBG PLC, 5.00%, 02/08/2021(a)(b)(c)(d)    $ 134,337  
GBP      200      CYBG PLC, 8.00%, 12/08/2022(a)(b)(c)(d)(e)      236,947  
USD      135      Inmarsat Finance PLC, 4.88%, 05/15/2017(a)(b)      132,300  
EUR      100      Jaguar Land Rover Automotive PLC, 2.20%, 01/15/2024(b)      107,950  
GBP      100      Lloyds Bank PLC, 13.00%, 01/21/2029(a)(c)(d)(e)      222,674  
GBP      125      Matalan Finance PLC, 6.88%, 02/10/2017(a)(b)      131,697  
GBP      115      New Look Secured Issuer PLC, 6.50%, 06/24/2018(a)(b)      130,868  
GBP      185      Paragon Group of Cos. PLC, 7.25%, 09/09/2021(a)(b)(c)(d)      236,488  
GBP      110      Pizzaexpress Financing 2 PLC, 6.63%, 08/01/2017(a)(b)      140,455  
GBP      207      Virgin Media Secured Finance PLC, 5.50%, 01/15/2019(a)(b)      271,148  
        

 

 

  
     2,291,900  
        

 

 

  
UNITED STATES - 21.7%   
USD      58      Airxcel, Inc., 8.50%, 02/15/2019(a)(b)      59,160  
USD      250      Albertsons Cos LLC / Safeway, Inc. / New Albertson’s, Inc. / Albertson’s LLC, 6.63%,
06/15/2019(a)(b)		      260,550  
EUR      120      Alliance Data Systems Corp., 5.25%, 11/15/2018(a)(b)      132,995  
USD      63      Alliance Data Systems Corp., 5.88%, 11/01/2018(a)(b)      65,048  
USD      250      Ally Financial, Inc., 5.75%, 10/20/2025(a)      253,750  
USD      200      Altice US Finance I Corp., 5.38%, 07/15/2018(a)(b)      208,250  
GBP      100      AMC Entertainment Holdings, 6.38%, 11/15/2019(a)(b)      133,348  
USD      149      American Airlines 2013-2, Class B Pass Through Trust, 5.60%, 01/15/2022(b)(h)      154,207  
USD      185      American Builders & Contractors Supply Co., Inc., 5.75%, 12/15/2018(a)(b)      192,400  
USD      255      Avis Budget Car Rental LLC / Avis Budget Finance, Inc., 5.50%, 04/01/2018(a)      247,350  
USD      125      Bank of America Corp., 6.25%, 09/05/2024(a)(c)(d)(e)      130,500  
USD      260      Blue Racer Midstream LLC / Blue Racer Finance Corp., 6.13%, 11/15/2017(a)(b)      266,500  
USD      240      Boyd Gaming Corp., 6.38%, 04/01/2021(a)(b)      257,400  
USD      260      CalAtlantic Group, Inc., 5.25%, 12/01/2025(a)      258,050  
USD      260      Calpine Corp., 5.75%, 10/15/2019(a)      254,150  
USD      125      Carrizo Oil & Gas, Inc., 6.25%, 04/15/2018(a)      128,281  
USD      355      CCO Holdings LLC / CCO Holdings Capital Corp., 5.75%, 02/15/2021(a)(b)      376,189  
USD      295      Cengage Learning, Inc., 9.50%, 06/15/2019(a)(b)      250,750  
USD      245      CenturyLink, Inc., 7.50%, 01/01/2024 (a)      259,394  
USD      150      Cenveo Corp., 6.00%, 02/01/2019(a)(b)      133,500  
USD      61      Cheniere Corpus Christi Holdings LLC, 5.88%, 03/31/2025(b)      64,508  
USD      100      Citgo Holding, Inc., 10.75%, 02/15/2020      106,830  
USD      110      Cogent Communications Group, Inc., 5.38%, 12/01/2021(a)(b)      114,263  
USD      270      Compass Minerals International, Inc., 4.88%, 05/15/2024(a)(b)      263,250  
USD      280      Continental Resources, Inc., 3.80%, 03/01/2024(a)      261,450  
USD      245      DISH DBS Corp., 5.88%, 11/15/2024      247,756  
USD      210      Dynegy, Inc., 7.63%, 11/01/2019(a)      200,025  
USD      238      EMI Music Publishing Group North America Holdings, Inc., 7.63%, 06/15/2019(a)(b)      260,015  
USD      290      Endo Ltd. / Endo Finance LLC / Endo Finco, Inc., 6.00%, 07/15/2018 (a)(b)      247,225  
USD      250      Equinix, Inc., 5.38%, 04/01/2018(a)      261,582  
USD      250      First Data Corp., 5.38%, 08/15/2018(a)(b)      257,500  
USD      300      Fresh Market, Inc. (The), 9.75%, 05/01/2019(a)(b)      267,000  
USD      295      Frontier Communications Corp., 6.88%, 10/15/2024(a)      247,431  
USD      320      Gardner Denver, Inc., 6.88%, 03/03/2017(a)(b)      319,200  
USD      130      Goldman Sachs Group, Inc. (The), 5.38%, 05/10/2020(a)(c)(d)(e)      132,990  
USD      125      Goodyear Tire & Rubber Co. (The), 5.00%, 05/31/2021(a)      125,938  
USD      20      Grinding Media, Inc. / MC Grinding Media Canada, Inc., 7.38%, 12/15/2019(a)(b)      21,125  
USD      245      HCA, Inc., 5.88%, 08/15/2025(a)      254,800  
USD      115      HCA, Inc., 7.50%, 02/15/2022      130,813  
USD      250      HD Supply, Inc., 5.75%, 04/15/2019(a)(b)      263,125  
USD      130      Hilcorp Energy I LP / Hilcorp Finance Co., 5.75%, 04/01/2020(a)(b)      131,138  

 

See Notes to Portfolio of Investments.

Aberdeen Global Income Fund, Inc.

Portfolio of Investments (unaudited) (continued)

As of January 31, 2017

 

Principal Amount

(000)

     

Description

    Value
(US$)		  
CORPORATE BONDS (continued)  
USD      90      Hornbeck Offshore Services, Inc., 5.00%, 03/03/2017(a)    $ 62,775  
USD      130      JBS USA LUX SA / JBS USA Finance, Inc., 5.75%, 06/15/2020(a)(b)      133,445  
USD      240      KB Home, 7.00%, 09/15/2021(a)      258,600  
USD      130      Kindred Healthcare, Inc., 8.75%, 01/15/2018(a)      118,300  
USD      131      Kratos Defense & Security Solutions, Inc., 7.00%, 03/03/2017(a)      127,398  
USD      275      Landry’s, Inc., 6.75%, 10/15/2019(a)(b)      283,250  
USD      185      Lennar Corp., 4.88%, 09/15/2023(a)      188,238  
USD      253      Level 3 Financing, Inc., 5.13%, 05/01/2018(a)      254,897  
USD      185      Level 3 Financing, Inc., 5.38%, 05/01/2020(a)      188,817  
USD      135      Meritor, Inc., 6.25%, 02/15/2019(a)      135,702  
USD      265      MGM Resorts International, 4.63%, 06/01/2026(a)      256,719  
USD      130      Morgan Stanley, 5.55%, 07/15/2020(a)(c)(d)(e)      133,413  
USD      180      NCR Corp., 6.38%, 12/15/2018(a)      191,250  
USD      110      Neiman Marcus Group Ltd., LLC, 8.00%, 03/03/2017(a)(b)      67,925  
USD      260      NewStar Financial, Inc., 7.25%, 05/01/2017(a)      261,950  
USD      250      NRG Energy, Inc., 7.25%, 05/15/2021(a)(b)      261,562  
USD      130      Oasis Petroleum, Inc., 6.50%, 03/03/2017(a)      132,925  
USD      250      Oasis Petroleum, Inc., 6.88%, 07/15/2017(a)      255,937  
USD      315      Park-Ohio Industries, Inc., 8.13%, 03/03/2017(a)      326,025  
USD      260      Post Holdings, Inc., 5.00%, 08/15/2021(a)(b)      251,386  
USD      240      Rite Aid Corp., 6.13%, 04/01/2018(a)(b)      249,900  
USD      360      Sabine Pass Liquefaction LLC, 5.63%, 12/01/2024(a)      391,050  
USD      240      Scientific Games International, Inc., 7.00%, 01/01/2018(a)(b)      256,500  
USD      240      Sealed Air Corp., 5.50%, 06/15/2025(a)(b)      253,200  
USD      255      Sinclair Television Group, Inc., 5.63%, 08/01/2019(a)(b)      259,462  
USD      255      Sprint Corp., 7.88%, 09/15/2023      278,587  
USD      120      Standard Industries, Inc., 5.38%, 11/15/2019(a)(b)      123,750  
USD      120      State Street Corp., 1.96%, 03/03/2017(a)(d)      105,720  
USD      185      Summit Materials LLC / Summit Materials Finance Corp, 6.13%, 07/15/2018(a)      191,012  
USD      250      Sunoco LP / Sunoco Finance Corp., 6.25%, 04/15/2018(a)      256,327  
USD      360      T-Mobile USA, Inc., 6.00%, 04/15/2019(a)      382,500  
USD      330      Tenet Healthcare Corp., 8.13%, 04/01/2022      333,300  
USD      255      TerraForm Power Operating LLC, 6.38%, 02/01/2018(a)(b)(k)      262,012  
USD      225      Trinseo Materials Operating SCA / Trinseo Materials Finance, Inc., 6.75%,
05/01/2018(a)(b)		      237,656  
USD      255      United Rentals North America, Inc., 5.50%, 07/15/2020(a)      264,562  
USD      60      United Rentals North America, Inc., 6.13%, 12/15/2017(a)      63,300  
USD      400      Valeant Pharmaceuticals International, Inc., 6.38%, 03/03/2017(a)(b)      350,500  
USD      103      Vector Group Ltd., 6.13%, 02/01/2020(a)(b)      105,833  
USD      93      WMG Acquisition Corp., 5.63%, 04/15/2017(a)(b)      95,790  
USD      120      WR Grace & Co-Conn, 5.13%, 10/01/2021(b)      125,850  
USD      185      XPO Logistics, Inc., 6.13%, 09/01/2019(a)(b)      191,013  
USD      245      Zayo Group LLC / Zayo Capital Inc, 6.38%, 05/15/2020(a)      259,242  
        

 

 

  
     17,127,316  
        

 

 

  
VENEZUELA - 0.2%   
USD      300      Petroleos de Venezuela SA, 6.00%, 05/16/2024(b)(h)      121,050  
        

 

 

  

Total Corporate Bonds - 58.0%

(cost $45,679,054)

      45,811,284  
        

 

 

  
GOVERNMENT BONDS - 74.5%   
ARGENTINA - 3.0%   
USD      1,110      Argentina Bonar Bonds, 7.00%, 04/17/2017      1,116,197  
ARS      6,030      Argentine Bonos del Tesoro, 16.00%, 10/17/2023      391,790  
USD      324      Argentine Republic Government International Bond, 5.63%, 01/26/2022(b)      324,648  

 

See Notes to Portfolio of Investments.

Aberdeen Global Income Fund, Inc.

Portfolio of Investments (unaudited) (continued)

As of January 31, 2017

 

Principal Amount

(000)

     

Description

    Value
(US$)		  
GOVERNMENT BONDS (continued)  
USD      323      Argentine Republic Government International Bond, 7.13%, 07/06/2036(b)    $ 303,943  
USD      255      Argentine Republic Government International Bond, 7.50%, 04/22/2026(b)      266,220  
        

 

 

  
     2,402,798  
        

 

 

  
ARMENIA - 0.5%   
USD      400      Republic of Armenia, 6.00%, 09/30/2020(b)      413,528  
        

 

 

  
AUSTRALIA - 17.1%   
AUD      800      Australia Government Bond, 3.25%, 04/21/2029(b)      627,403  
AUD      1,600      Australia Government Bond, 4.50%, 04/21/2033(b)      1,415,757  
AUD      2,300      Australia Government Bond, 4.75%, 04/21/2027(b)      2,058,448  
AUD      4,600      Australia Government Bond, 6.00%, 02/15/2017(b)      3,493,951  
AUD      1,500      New South Wales Treasury Corp., 6.00%, 02/01/2018      1,184,366  
AUD      1,500      Queensland Treasury Corp., 6.00%, 02/21/2018(b)      1,186,180  
AUD      1,600      Queensland Treasury Corp., 6.00%, 06/14/2021(b)(i)      1,401,851  
AUD      1,300      Queensland Treasury Corp., 6.00%, 07/21/2022(b)      1,158,910  
AUD      1,115      Treasury Corp. of Victoria, 6.00%, 06/15/2020      951,217  
        

 

 

  
     13,478,083  
        

 

 

  
BAHRAIN - 0.5%   
USD      400      Bahrain Government International Bond, 7.00%, 10/12/2028(b)      409,982  
        

 

 

  
BRAZIL - 2.4%   
BRL      4,870      Brazil Notas do Tesouro Nacional Series F, 10.00%, 01/01/2023      1,491,773  
USD      400      Brazilian Government International Bond, 7.13%, 01/20/2037      439,000  
        

 

 

  
     1,930,773  
        

 

 

  
COLOMBIA - 0.5%   
USD      200      Colombia Government International Bond, 4.50%, 10/28/2025(a)      208,900  
USD      120      Colombia Government International Bond, 7.38%, 09/18/2037      148,800  
        

 

 

  
     357,700  
        

 

 

  
COSTA RICA - 0.3%   
USD      250      Costa Rica Government International Bond, 4.25%, 01/26/2023(b)      236,875  
        

 

 

  
DOMINICAN REPUBLIC - 1.3%   
USD      210      Dominican Republic International Bond, 5.88%, 04/18/2024(b)(h)      215,393  
USD      100      Dominican Republic International Bond, 6.85%, 01/27/2045(b)      98,332  
USD      100      Dominican Republic International Bond, 6.88%, 01/29/2026(b)      106,705  
USD      530      Dominican Republic International Bond, 8.63%, 04/20/2027(b)(h)      610,173  
        

 

 

  
     1,030,603  
        

 

 

  
EGYPT - 0.3%   
USD      200      Egypt Government International Bond, 6.13%, 01/31/2022(b)      201,798  
        

 

 

  
EL SALVADOR - 0.5%   
USD      440      El Salvador Government International Bond, 7.65%, 06/15/2035(b)      386,716  
        

 

 

  
ETHIOPIA - 0.6%   
USD      500      Ethiopia International Bond, 6.63%, 12/11/2024(b)      449,640  
        

 

 

  
GHANA - 0.7%   
USD      250      Ghana Government International Bond, 8.13%, 01/18/2026(b)(h)      243,953  
GHS      1,500      Ghana Government International Bond, 23.00%, 08/21/2017      348,542  
        

 

 

  
     592,495  
        

 

 

  
HONDURAS - 0.4%   
USD      330      Honduras Government International Bond, 7.50%, 03/15/2024(b)(h)      357,743  
        

 

 

  

 

See Notes to Portfolio of Investments.

Aberdeen Global Income Fund, Inc.

Portfolio of Investments (unaudited) (continued)

As of January 31, 2017

 

Principal Amount

(000)

     

Description

    Value
(US$)		  
GOVERNMENT BONDS (continued)  
INDONESIA - 7.4%   
USD      850      Indonesia Government International Bond, 5.88%, 01/15/2024(b)    $ 948,449  
USD      200      Indonesia Government International Bond, 6.75%, 01/15/2044(b)      246,887  
IDR      5,600,000      Indonesia Treasury Bond, 5.25%, 05/15/2018      412,058  
IDR      20,000,000      Indonesia Treasury Bond, 8.25%, 05/15/2036      1,505,745  
IDR      10,000,000      Indonesia Treasury Bond, 8.38%, 09/15/2026      785,412  
IDR      4,850,000      Indonesia Treasury Bond, 8.38%, 03/15/2034      369,584  
IDR      20,000,000      Indonesia Treasury Bond, 8.75%, 05/15/2031      1,574,986  
        

 

 

  
     5,843,121  
        

 

 

  
IRAQ - 0.8%   
USD      800      Iraq International Bond, 5.80%, 03/19/2017(a)(b)(h)      663,504  
        

 

 

  
IVORY COAST - 0.6%   
USD      490      Ivory Coast Government International Bond, 5.75%, 06/30/2017(a)(b)(h)(k)      453,730  
        

 

 

  
KAZAKHSTAN - 1.7%   
USD      520      Kazakhstan Government International Bond, 3.88%, 10/14/2024(b)      520,634  
USD      820      Kazakhstan Government International Bond, 4.88%, 10/14/2044(b)      789,250  
        

 

 

  
     1,309,884  
        

 

 

  
MALAYSIA - 5.6%   
MYR      3,200      Malaysia Government Bond, 3.90%, 11/30/2026      707,374  
MYR      7,625      Malaysia Government Bond, 4.25%, 05/31/2035      1,635,824  
MYR      9,175      Malaysia Government Bond, 4.74%, 03/15/2046      2,047,354  
        

 

 

  
     4,390,552  
        

 

 

  
MEXICO - 1.8%   
MXN      4,550      Mexican Bonos, 6.50%, 06/09/2022      211,450  
USD      350      Mexico Government International Bond, 6.05%, 01/11/2040      382,375  
USD      390      Petroleos Mexicanos, 6.50%, 06/02/2041      362,505  
USD      130      Petroleos Mexicanos, 6.63%, 06/15/2038      125,289  
USD      159      Petroleos Mexicanos, 6.88%, 08/04/2026      168,349  
MXN      4,000      Petroleos Mexicanos, 7.19%, 09/12/2024      163,546  
        

 

 

  
     1,413,514  
        

 

 

  
MONGOLIA - 0.7%   
USD      680      Mongolia Government International Bond, 5.13%, 12/05/2022(b)      589,476  
        

 

 

  
NEW ZEALAND - 9.8%   
NZD      3,100      New Zealand Government Bond, 3.00%, 04/15/2020(b)      2,304,652  
NZD      6,555      New Zealand Government Bond, 6.00%, 05/15/2021(b)      5,442,465  
        

 

 

  
     7,747,117  
        

 

 

  
PARAGUAY - 0.3%   
USD      200      Paraguay Government International Bond, 5.00%, 04/15/2026(b)      205,500  
        

 

 

  
PERU - 0.6%   
PEN      1,450      Peruvian Government International Bond, 6.90%, 08/12/2037(b)      454,588  
        

 

 

  
PHILIPPINES - 0.1%   
USD      40      Philippine Government International Bond, 8.38%, 06/17/2019      46,228  
        

 

 

  
ROMANIA - 1.6%   
USD      1,090      Romanian Government International Bond, 6.13%, 01/22/2044(b)      1,286,167  
        

 

 

  
RUSSIA - 4.0%   
RUB      166,560      Russian Federal Bond - OFZ, 7.05%, 01/19/2028      2,558,415  
USD      200      Russian Foreign Bond - Eurobond, 4.88%, 09/16/2023(b)      211,820  

 

See Notes to Portfolio of Investments.

Aberdeen Global Income Fund, Inc.

Portfolio of Investments (unaudited) (continued)

As of January 31, 2017

 

Principal Amount

(000)

     

Description

    Value
(US$)		  
GOVERNMENT BONDS (continued)  
USD      380      Vnesheconombank Via VEB Finance PLC, 6.80%, 11/22/2025(b)    $ 417,050  
        

 

 

  
     3,187,285  
        

 

 

  
RWANDA - 0.7%   
USD      550      Rwanda International Government Bond, 6.63%, 05/02/2023(b)      544,346  
        

 

 

  
SENEGAL - 0.5%   
USD      330      Senegal Government International Bond, 8.75%, 05/13/2021(b)      364,888  
        

 

 

  
SINGAPORE - 4.7%   
SGD      3,000      Singapore Government Bond, 2.13%, 06/01/2026      2,095,732  
SGD      2,200      Singapore Government Bond, 2.38%, 04/01/2017      1,564,906  
SGD      100      Singapore Government Bond, 2.88%, 09/01/2030      73,133  
        

 

 

  
     3,733,771  
        

 

 

  
SOUTH AFRICA - 1.7%   
USD      280      Eskom Holdings Ltd., 5.75%, 01/26/2021(b)      278,961  
USD      400      Republic of South Africa Government Bond, 4.88%, 04/14/2026      402,406  
USD      100      Republic of South Africa Government Bond, 6.25%, 03/08/2041      112,000  
ZAR      3,300      Republic of South Africa Government International Bond, 6.25%, 03/31/2036      175,853  
ZAR      4,730      Republic of South Africa Government International Bond, 10.50%, 12/21/2026      389,282  
        

 

 

  
     1,358,502  
        

 

 

  
SURINAME - 0.3%   
USD      200      Republic of Suriname, 9.25%, 10/26/2026(b)      201,886  
        

 

 

  
TANZANIA - 0.2%   
USD      155      Tanzania Government International Bond, 7.25%, 03/09/2020(b)(c)(d)(h)      163,663  
        

 

 

  
TURKEY - 0.7%   
USD      210      Turkey Government International Bond, 6.00%, 03/25/2027      211,723  
USD      320      Turkey Government International Bond, 6.25%, 09/26/2022      334,659  
        

 

 

  
     546,382  
        

 

 

  
UKRAINE - 1.5%   
USD      810      Ukraine Government International Bond, 7.75%, 09/01/2023(b)      766,373  
USD      430      Ukraine Government International Bond, 7.75%, 09/01/2024(b)      402,336  
        

 

 

  
     1,168,709  
        

 

 

  
URUGUAY - 0.6%   
USD      50      Uruguay Government International Bond, 4.38%, 10/27/2027(h)      51,192  
USD      146      Uruguay Government International Bond, 7.63%, 03/21/2036(h)      185,150  
USD      165      Uruguay Government International Bond, 7.88%, 01/15/2033      210,870  
        

 

 

  
     447,212  
        

 

 

  
VENEZUELA - 0.3%   
USD      380      Venezuela Government International Bond, 7.75%, 10/13/2019(b)      228,950  
        

 

 

  
ZAMBIA - 0.2%   
USD      200      Zambia Government International Bond, 8.97%, 07/30/2027(b)(h)      199,760  
        

 

 

  

Total Government Bonds - 74.5%

(cost $60,206,555)

      58,797,469  
        

 

 

  

 

 

See Notes to Portfolio of Investments.

Aberdeen Global Income Fund, Inc.

Portfolio of Investments (unaudited) (continued)

As of January 31, 2017

 

 

  

 

    Shares or
Principal
Amount		    Value  
SHORT-TERM INVESTMENT (4.7%)  
UNITED STATES (4.7%)  
State Street Institutional U.S. Government Money Market Fund(l)    3,689,215    $ 3,689,215  
       

 

 

  
Total Short-Term Investment - 4.7%
(cost $3,689,215)		      3,689,215  
       

 

 

  
Total Investments - 137.2%
(cost $109,574,824)		      108,297,968  
       

 

 

  

Liabilities in Excess of Other Assets - (37.2)%

      (29,364,377 ) 
       

 

 

  
Net Assets - 100.0%    $ 78,933,591  
       

 

 

  

 

(a) The maturity date presented for these instruments represents the next call/put date.

 

(b) Denotes a restricted security.

 

(c) The maturity date presented for these instruments is the later of the next date on which the security can be redeemed at par or the next date on which the rate of interest is adjusted.

 

(d) Variable or Floating Rate Security. Rate disclosed is as of January 31, 2017.

 

(e) Perpetual bond. This is a bond that has no maturity date, is redeemable and pays a steady stream of interest indefinitely. The maturity date presented for these instruments represents the next call/put date.

 

(f) Illiquid security.

 

(g) Security is in default.

 

(h) Sinkable security.

 

(i) This security is government guaranteed.

 

(j) Payment-in-kind. This is a type of bond that pays interest in additional bonds rather than in cash.

 

(k) Indicates a stepped coupon bond. This bond was issued with a low coupon that gradually increases over the life of the bond.

 

(l) Registered investment company advised by State Street Global Advisors.

 

ARS   -   Argentine Peso
AUD   -   Australian Dollar
BRL   -   Brazilian Real
CAD   -   Canadian Dollar
EUR   -   Euro Currency
GBP   -   British Pound Sterling
GHS   -   Ghanaian Cedi
IDR   -   Indonesian Rupiah
INR   -   Indian Rupee
MXN   -   Mexican Peso
MYR   -   Malaysian Ringgit
NZD   -   New Zealand Dollar
PEN   -   Peruvian Sol
RUB   -   New Russian Ruble
SGD   -   Singapore Dollar
USD   -   U.S. Dollar
ZAR   -   South African Rand

At January 31, 2017, the Fund’s open forward foreign currency exchange contracts were as follows:

 

Purchase Contracts
Settlement Date*

   

Counterparty

    Amount
Purchased		      Amount Sold      Fair Value      Unrealized
Appreciation		  
Brazilian Real/United States Dollar             

02/22/2017

    Citibank    BRL     2,006,000        USD       620,381      $ 633,531      $ 13,150  
British Pound/United States Dollar             

03/01/2017

    UBS    GBP     114,500        USD       141,230        144,107        2,877  
Euro/United States Dollar             

02/10/2017

    Citibank    EUR     285,500        USD       305,663        308,277        2,614  

02/10/2017

    Royal Bank of Canada    EUR     100,000        USD       106,371        107,978        1,607  
               

 

 

     

 

 

  
                $ 1,193,893      $ 20,248  
               

 

 

     

 

 

  

 

See Notes to Portfolio of Investments.

Aberdeen Global Income Fund, Inc.

Portfolio of Investments (unaudited) (concluded)

As of January 31, 2017

 

Sale Contracts

Settlement Date*

   

Counterparty

    Amount
Purchased		      Amount Sold      Fair Value      Unrealized
Appreciation/
(Depreciation)		  
United States Dollar/Australian Dollar             

03/10/2017

    CIitibank      USD       3,700,000        AUD       4,946,319      $ 3,748,012      $ (48,012 ) 
United States Dollar/Brazilian Real             

02/22/2017

    JPMorgan Chase      USD       570,373        BRL       2,006,000        633,531        (63,158 ) 
United States Dollar/British Pound             

03/01/2017

    Barclays      USD       151,581        GBP       121,000        152,288        (707 ) 

03/01/2017

    Citibank      USD       2,264,991        GBP       1,852,000        2,330,883        (65,892 ) 

03/01/2017

    JPMorgan Chase      USD       235,675        GBP       192,500        242,276        (6,601 ) 
United States Dollar/Canadian Dollar             

02/10/2017

    Citibank      USD       136,827        CAD       183,000        140,646        (3,819 ) 

02/10/2017

    Royal Bank of Canada      USD       126,596        CAD       167,500        128,733        (2,137 ) 
United States Dollar/Euro             

02/07/2017

    Royal Bank of Canada      USD       277,698        EUR       258,500        279,095        (1,397 ) 

02/10/2017

    Barclays      USD       232,079        EUR       208,500        225,134        6,945  

02/10/2017

    Citibank      USD       2,414,207        EUR       2,208,500        2,384,694        29,513  

02/10/2017

    JPMorgan Chase      USD       461,799        EUR       421,500        455,127        6,672  

02/10/2017

    Royal Bank of Canada      USD       131,706        EUR       124,000        133,893        (2,187 ) 
United States Dollar/New Zealand Dollar             

02/09/2017

    Citibank      USD       4,000,000        NZD       5,483,095        4,022,014        (22,014 ) 
               

 

 

     

 

 

  
                $ 14,876,326      $ (172,794 ) 
               

 

 

     

 

 

  

 

* Certain contracts with different trade dates and like characteristics have been shown net.

At January 31, 2017, the Fund’s interest rate swaps were as follows:

 

Currency

    Notional
Amount		      Expiration
Date		      Counterparty    Receive
(Pay)
Floating
Rate		      Floating Rate Index      Fixed
Rate		     Unrealized
Appreciation/
(Depreciation)		  
Over-the-counter swap aggreements:           
USD      16,500,000        11/01/2017      Barclays      Receive        3-month LIBOR Index        0.84 %    $ 44,044  
Centrally cleared swap agreements:           
USD      15,000,000        11/04/2024      Citibank      Receive        3-month LIBOR Index        2.44 %      (286,175 ) 
                   

 

 

  
                    $ (242,131 ) 
                   

 

 

  

 

See Notes to Portfolio of Investments.

Aberdeen Global Income Fund, Inc.

Notes to Portfolio of Investments (unaudited)

January 31, 2017

 

Summary of Significant Accounting Policies

 

a. Security Valuation:

The Fund values its securities at current market value or fair value, consistent with regulatory requirements. “Fair Value” is defined in the Fund’s Valuation and Liquidity Procedures as the price that could be received to sell an asset or paid to transfer a liability in an orderly transaction between willing market participants without a compulsion to contract at the measurement date.

In accordance with the authoritative guidance on fair value measurements and disclosures under accounting principles generally accepted in the United States of America (“GAAP”), the Fund discloses the fair value of its investments using a three-level hierarchy that classifies the inputs to valuation techniques used to measure the fair value. The hierarchy assigns Level 1 measurements to valuations based upon unadjusted quoted prices in active markets for identical assets, Level 2 measurements to valuations based upon other significant observable inputs, including adjusted quoted prices in active markets for similar assets, and Level 3 measurements to valuations based upon unobservable inputs that are significant to the valuation. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability, which are based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. A financial instrument’s level within the fair value hierarchy is based upon the lowest level of any input that is significant to the fair value measurement.

Long-term debt and other fixed-income securities are valued at the last quoted or evaluated bid price on the valuation date provided by an independent pricing service provider approved by the Fund’s Board of Directors (the “Board”). Pricing services generally price debt securities assuming orderly transactions of an institutional “round lot” size, but some trades occur in smaller “odd lot” sizes at lower prices than institutional round lot trades. If there are no current day bids, the security is valued at the previously applied bid. Short-term debt securities (such as commercial paper and U.S. treasury bills) having a remaining maturity of 60 days or less are valued at the last quoted or evaluated bid price on the valuation date provided by an independent pricing service, or on the basis of amortized cost, if it represents the best approximation of fair value. Debt and other fixed-income securities are generally determined to be Level 2 investments.

Short-term investments are comprised of cash and cash equivalents invested in short-term investment funds which are redeemable daily. The Fund sweeps available cash into the State Street Institutional U.S. Government Money Market Fund; a “government money market fund” pursuant to Rule 2a-7 under the Investment Company Act of 1940, as amended, which has an objective to maintain a $1.00 per share net asset value (“NAV”), which is not guaranteed. Registered investment companies are valued at their net asset value as reported by such company. Generally, these investment types are categorized as Level 1 investments.

Derivatives are valued at fair value. Exchange traded derivatives are generally Level 1 investments and over-the-counter derivatives are generally Level 2 investments. Forward foreign currency contracts are generally valued based on the bid price of the forward rates and the current spot rate. Forward exchange rate quotations are available for scheduled settlement dates, such as 1-, 3-, 6-, 9-, and 12-month periods. An interpolated valuation is derived based on the actual settlement dates of the forward contracts held. Interest rate swaps are generally valued by an approved pricing agent based on the terms of the swap agreement (including future cash flows).

In the event that a security’s market quotations are not readily available or are deemed unreliable, the security is valued at fair value as determined by the Fund’s Pricing Committee, taking into account the relevant factors and surrounding circumstances using valuation policies and procedures approved by the Board. A security that has been fair valued by the Fund’s Pricing Committee may be classified as Level 2 or Level 3 depending on the nature of the inputs. The three-level hierarchy of inputs is summarized below:

Level 1 – quoted prices in active markets for identical investments;

Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, and credit risk); or

Level 3 – significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments).

 

Aberdeen Global Income Fund, Inc.

Notes to Portfolio of Investments (unaudited) (continued)

January 31, 2017

 

A summary of standard inputs is listed below:

 

Security Type

   

Standard Inputs

Debt and other fixed-income securities    Reported trade data, broker-dealer price quotations, benchmark yields, issuer spreads on comparable securities, credit quality, yield, and maturity.
Forward foreign currency contracts    Forward exchange rate quotations.
Swap agreements    Market information pertaining to the underlying reference assets, i.e., credit spreads, credit event probabilities, fair values, forward rates, and volatility measures.

The following is a summary of the inputs used as of January 31, 2017 in valuing the Fund’s investments and other financial instruments at fair value. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. Please refer to the Portfolio of Investments for a detailed breakout of the security types:

 

     Level 1      Level 2     Level 3      Total  
Investments, at Value           
Fixed Income Investments           

Corporate Bonds

    $ —      $ 45,811,284     $ —      $ 45,811,284  

Government Bonds

      —        58,797,469       —        58,797,469  
  

 

 

     

 

 

    

 

 

     

 

 

  
Total Fixed Income Investments      —        104,608,753       —        104,608,753  
Short-Term Investment      3,689,215        —       —        3,689,215  
  

 

 

     

 

 

    

 

 

     

 

 

  
Total Investments    $ 3,689,215      $ 104,608,753     $   —      $ 108,297,968  
  

 

 

     

 

 

    

 

 

     

 

 

  
Other Financial Instruments           

Forward Foreign Currency Exchange Contracts

    $ —      $ 63,378     $ —      $ 63,378  

Interest Rate Swap Agreements

      —        44,044       —        44,044  
  

 

 

     

 

 

    

 

 

     

 

 

  
Total Other Financial Instruments    $ —      $ 107,422     $   —      $ 107,422  
  

 

 

     

 

 

    

 

 

     

 

 

  
Total Assets    $ 3,689,215      $ 104,716,175     $   —      $ 108,405,390  
  

 

 

     

 

 

    

 

 

     

 

 

  
Liabilities           
Other Financial Instruments           

Forward Foreign Currency Exchange Contracts

    $ —      $ (215,924 )    $ —      $ (215,924 ) 

Interest Rate Swap Agreements

      —        (286,175 )      —        (286,175 ) 
  

 

 

     

 

 

    

 

 

     

 

 

  
Total Liabilities    $ —      $ (502,099 )    $   —      $ (502,099 ) 
  

 

 

     

 

 

    

 

 

     

 

 

  

For movements between the Levels within the fair value hierarchy, the Fund has adopted a policy of recognizing transfers at the end of each period. During the period ended January 31, 2017, there have been no transfers between levels and no significant changes to the fair valuation methodologies.

 

b. Restricted Securities:

Restricted securities are privately-placed securities whose resale is restricted under U.S. securities laws. The Fund may invest in restricted securities, including unregistered securities eligible for resale without registration pursuant to Rule 144A and privately-placed securities of U.S. and non-U.S. issuers offered outside the U.S. without registration pursuant to Regulation S under the Securities Act of 1933, as amended (the “1933 Act”). Rule 144A securities may be freely traded among certain qualified institutional investors, such as the Fund, but resale of such securities in the U.S. is permitted only in limited circumstances.

 

c. Federal Income Taxes:

The U.S. federal income tax basis of the Fund’s investments and the net unrealized appreciation as of January 31, 2017 were as follows:

 

Aberdeen Global Income Fund, Inc.

Notes to Portfolio of Investments (unaudited) (concluded)

January 31, 2017

 

Cost

    Appreciation    Depreciation     Net Unrealized Appreciation
$107,696,135    $2,576,550    $ (1,974,717 )    $601,833

 

Aberdeen Global Income Fund, Inc.

Item  2 – Controls and Procedures

 

  (a) The Registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the Registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the Investment Company Act of 1940 (17 CFR 270.30a3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).

 

  (b) There was no change in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940 (17 CFR 270.30a-3(d))) that occurred during the registrant’s last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

 

Item 3. Exhibits

 

  (a) Certification of Principal Executive Officer and Principal Financial Officer of the Registrant as required by Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) is attached hereto as Exhibit 99.302CERT.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Aberdeen Global Income Fund, Inc.
  BY:       /s/ Christian Pittard
   

Christian Pittard,

Principal Executive Officer of

Aberdeen Global Income Fund, Inc.

  Date: March 31, 2017

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

 

  BY:       /s/ Christian Pittard
   

Christian Pittard,

Principal Executive Officer of

Aberdeen Global Income Fund, Inc.

  Date: March 31, 2017

 

  BY:       /s/ Andrea Melia
   

Andrea Melia,

Principal Financial Officer of

Aberdeen Global Income Fund, Inc.

  Date: March 31, 2017