abrdn Asia-Pacific Income Fund, Inc. (FAX) Announces Closing and Reorganization of abrdn Global Income Fund, Inc. (FCO)

abrdn Asia Pacific Income Fund, Inc. (FAX) and abrdn Global Income Fund, Inc. (FCO) have announced the completion of the reorganization of FCO into FAX, which took place after the close of business on May 15, 2026.

In the reorganization, common shareholders of FCO received FAX common shares with a net asset value (NAV) equal to the aggregate NAV of their FCO holdings, determined as of May 15, 2026. Specifically, common shareholders of FCO received 0.176821 of newly issued FAX shares for every 1 share of FCO they held.

Details of the reorganization include the NAV per share for the Acquiring Fund (FAX) at $15.51 and the NAV per share for the Acquired Fund (FCO) at $2.74, with the conversion ratio set at 0.176821.

There are no proposed changes to the investment objective, strategies, structure, or policies of FAX as a result of this reorganization.

Aberdeen Investments, which oversees a diverse range of closed-end funds, manages approximately $506 billion in assets as of March 31, 2026. The firm manages a total of 27 closed-end funds, comprising 15 in the U.S. and 12 internationally, with assets totaling $25.6 billion as of the same date.