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 | ||
Registrants telephone number, including area code: | 800-522-5465 | |
Date of fiscal year end: | October 31 | |
Date of reporting period: | July 31, 2018 |
Item 1 Schedule of Investments - The Schedule of Investments for the three-month period ended July 31, 2018 is filed herewith.
Portfolio of Investments (unaudited)
As of July 31, 2018
Principal Amount |
Description |
Value (US$) |
||||||||
CORPORATE BONDS - 67.4% |
| |||||||||
ARGENTINA - 0.2% | ||||||||||
USD | 150 | Genneia SA, 8.75%, 01/20/2020(a)(b) | $ | 144,218 | ||||||
|
|
|||||||||
AUSTRALIA - 0.1% | ||||||||||
USD | 52 | FMG Resources August 2006 Pty Ltd., 4.75%, 02/15/2022(a)(b) | 50,570 | |||||||
|
|
|||||||||
BANGLADESH - 0.3% | ||||||||||
USD | 200 | Banglalink Digital Communications Ltd., 8.63%, 09/03/2018(a)(b) | 202,000 | |||||||
|
|
|||||||||
BARBADOS - 0.3% | ||||||||||
USD | 210 | Sagicor Finance 2015 Ltd., 8.88%, 08/11/2019(a)(b) | 232,050 | |||||||
|
|
|||||||||
BELGIUM - 0.2% | ||||||||||
EUR | 140 | Nyrstar Netherlands Holdings BV, 6.88%, 03/15/2020(a)(b) | 130,967 | |||||||
|
|
|||||||||
BRAZIL - 3.3% | ||||||||||
USD | 222 | Azul Investments LLP, 5.88%, 10/26/2021(a)(b) | 208,125 | |||||||
USD | 220 | Braskem Netherlands Finance BV, 4.50%, 01/10/2028(a) | 209,825 | |||||||
USD | 220 | Caixa Economica Federal, 7.25%, 07/23/2019(a)(b) | 223,366 | |||||||
USD | 220 | CSN Resources SA, 7.63%, 02/13/2021(a)(b) | 207,627 | |||||||
USD | 440 | GTL Trade Finance, Inc., 7.25%, 10/16/2043(a)(b) | 459,805 | |||||||
USD | 420 | OAS Finance Ltd., 8.88%, 08/31/2018(a)(b)(c)(d)(e) | 21,000 | |||||||
USD | 212 | Odebrecht Drilling Norbe VIII/IX Ltd., 6.35%, 12/01/2020(a)(b) | 207,201 | |||||||
USD | 760 | Petrobras Global Finance BV, 8.75%, 05/23/2026 | 859,180 | |||||||
USD | 43 | QGOG Atlantic / Alaskan Rigs Ltd., 5.25%, 07/30/2019 | 41,745 | |||||||
|
|
|||||||||
2,437,874 | ||||||||||
|
|
|||||||||
CANADA - 1.9% | ||||||||||
USD | 80 | Bombardier, Inc., 7.50%, 03/15/2020(a)(b) | 84,000 | |||||||
GBP | 300 | Entertainment One Ltd., 6.88%, 12/15/2018(a)(b) | 413,453 | |||||||
USD | 164 | GFL Environmental, Inc., 5.63%, 05/01/2019(a)(b) | 155,800 | |||||||
USD | 209 | MEG Energy Corp., 6.38%, 08/31/2018(a)(b) | 188,622 | |||||||
USD | 54 | MEG Energy Corp., 6.50%, 01/15/2020(a)(b) | 53,123 | |||||||
USD | 145 | MEG Energy Corp., 7.00%, 09/30/2018(a)(b) | 131,044 | |||||||
USD | 144 | Taseko Mines Ltd., 8.75%, 06/15/2019(a)(b) | 146,160 | |||||||
USD | 85 | Teine Energy Ltd., 6.88%, 08/31/2018(a)(b) | 85,637 | |||||||
USD | 146 | Telesat Canada / Telesat LLC, 8.88%, 11/15/2019(a)(b) | 156,585 | |||||||
|
|
|||||||||
1,414,424 | ||||||||||
|
|
|||||||||
CHINA - 3.3% | ||||||||||
USD | 200 | 361 Degrees International Ltd., 7.25%, 06/03/2019(a)(b) | 192,299 | |||||||
USD | 200 | China Aoyuan Property Group Ltd., 6.35%, 01/11/2020(a) | 197,196 | |||||||
USD | 200 | Industrial & Commercial Bank of China Ltd., 6.00%, 12/10/2019(a)(b)(c) | 204,344 | |||||||
USD | 200 | New Metro Global Ltd., 4.75%, 02/11/2019(a) | 197,999 | |||||||
USD | 200 | New Metro Global Ltd., 5.00%, 08/08/2020(a)(b) | 178,072 | |||||||
USD | 200 | Proven Honour Capital Ltd., 4.13%, 05/06/2026(a) | 188,837 | |||||||
USD | 210 | Shimao Property Holdings Ltd., 8.38%, 02/10/2019(a)(b) | 220,514 | |||||||
USD | 330 | Sinopec Group Overseas Development 2017 Ltd., 2.38%, 04/12/2020(a) | 324,009 | |||||||
USD | 330 | Sinopec Group Overseas Development 2017 Ltd., 3.00%, 04/12/2022(a) | 320,827 | |||||||
USD | 200 | Tencent Holdings Ltd., 3.80%, 02/11/2025(a) | 197,335 | |||||||
USD | 200 | Yingde Gases Investment Ltd., 6.25%, 01/19/2021(a)(b) | 190,058 | |||||||
|
|
|||||||||
2,411,490 | ||||||||||
|
|
|||||||||
COLOMBIA - 0.6% |
| |||||||||
USD | 155 | Banco GNB Sudameris SA, 6.50%, 04/03/2022(a)(b) | 157,945 | |||||||
USD | 275 | Bancolombia SA, 4.88%, 10/18/2022(b) | 270,187 | |||||||
|
|
|||||||||
428,132 | ||||||||||
|
|
See Notes to Portfolio of Investments.
Aberdeen Global Income Fund, Inc.
Portfolio of Investments (unaudited) (continued)
As of July 31, 2018
Principal Amount |
Description |
Value (US$) |
||||||||
CORPORATE BONDS (continued) | ||||||||||
CONGO - 0.3% | ||||||||||
USD | 210 | HTA Group Ltd., 9.13%, 03/08/2019(a)(b) | $ | 214,200 | ||||||
|
|
|||||||||
DENMARK - 0.3% | ||||||||||
USD | 200 | DKT Finance ApS, 9.38%, 06/17/2020(a)(b) | 209,000 | |||||||
|
|
|||||||||
EL SALVADOR - 0.3% | ||||||||||
USD | 232 | Grupo Unicomer Co. Ltd., 7.88%, 04/01/2021(a)(b) | 247,370 | |||||||
|
|
|||||||||
FRANCE - 1.2% | ||||||||||
USD | 300 | Altice France SA, 6.00%, 08/15/2018(a)(b) | 309,210 | |||||||
EUR | 100 | La Financiere Atalian SASU, 4.00%, 05/15/2020(a)(b) | 112,883 | |||||||
EUR | 100 | La Financiere Atalian SASU, 4.00%, 05/15/2020(a)(b) | 112,883 | |||||||
USD | 350 | SPCM SA, 4.88%, 09/15/2020(a)(b) | 335,125 | |||||||
|
|
|||||||||
870,101 | ||||||||||
|
|
|||||||||
GEORGIA - 0.6% | ||||||||||
USD | 200 | Bank of Georgia JSC, 6.00%, 07/26/2023(a) | 198,958 | |||||||
USD | 250 | Georgian Oil and Gas Corp. JSC, 6.75%, 04/26/2021(a) | 250,006 | |||||||
|
|
|||||||||
448,964 | ||||||||||
|
|
|||||||||
GERMANY - 1.7% | ||||||||||
EUR | 200 | Platin 1426 GmbH, 5.38%, 12/15/2019(a)(b) | 222,808 | |||||||
EUR | 250 | PrestigeBidCo GmbH, 6.25%, 12/15/2019(a)(b) | 310,790 | |||||||
EUR | 117 | Senvion Holding GmbH, 3.88%, 05/01/2019(a)(b) | 121,080 | |||||||
EUR | 115 | Senvion Holding GmbH, 3.88%, 05/01/2019(a)(b) | 119,011 | |||||||
EUR | 335 | Summit Germany Ltd., 2.00%, 01/31/2021(a)(b) | 368,864 | |||||||
EUR | 100 | Tele Columbus AG, 3.88%, 05/02/2021(a)(b) | 112,421 | |||||||
|
|
|||||||||
1,254,974 | ||||||||||
|
|
|||||||||
GUATEMALA - 0.3% | ||||||||||
USD | 200 | Comunicaciones Celulares SA Via Comcel Trust, 6.88%, 02/06/2019(a)(b) | 207,514 | |||||||
|
|
|||||||||
HONDURAS - 0.3% | ||||||||||
USD | 220 | Inversiones Atlantida SA, 8.25%, 07/28/2020(a)(b) | 224,180 | |||||||
|
|
|||||||||
HONG KONG - 0.5% | ||||||||||
USD | 200 | Hongkong Electric Finance Ltd., 2.88%, 05/03/2026(a) | 183,273 | |||||||
USD | 200 | WTT Investment Ltd., 5.50%, 11/21/2020(a)(b) | 192,589 | |||||||
|
|
|||||||||
375,862 | ||||||||||
|
|
|||||||||
INDIA - 3.7% | ||||||||||
INR | 50,000 | Adani Transmission Ltd., 10.25%, 04/15/2021 | 753,507 | |||||||
INR | 50,000 | Axis Bank Ltd., 7.60%, 10/20/2023 | 701,421 | |||||||
INR | 50,000 | Indiabulls Housing Finance Ltd., 9.00%, 09/26/2026 | 717,142 | |||||||
USD | 200 | Neerg Energy Ltd., 6.00%, 02/13/2020(a)(b) | 189,040 | |||||||
INR | 10,000 | NTPC Ltd., 7.25%, 05/03/2022(a) | 140,845 | |||||||
USD | 216 | Vedanta Resources PLC, 6.13%, 08/09/2021(a)(b) | 200,888 | |||||||
|
|
|||||||||
2,702,843 | ||||||||||
|
|
|||||||||
INDONESIA - 1.0% | ||||||||||
USD | 200 | Medco Platinum Road Pte Ltd., 6.75%, 01/30/2022(a)(b) | 187,704 | |||||||
USD | 370 | Pertamina Persero PT, 4.30%, 05/20/2023(a) | 369,003 | |||||||
USD | 200 | TBG Global Pte Ltd., 5.25%, 02/10/2019(a)(b) | 197,302 | |||||||
|
|
|||||||||
754,009 | ||||||||||
|
|
|||||||||
ITALY - 0.5% | ||||||||||
USD | 235 | Telecom Italia Capital SA, 6.00%, 09/30/2034 | 230,887 |
See Notes to Portfolio of Investments.
Aberdeen Global Income Fund, Inc.
Portfolio of Investments (unaudited) (continued)
As of July 31, 2018
Principal Amount |
Description |
Value (US$) |
||||||||
CORPORATE BONDS (continued) |
| |||||||||
USD | 200 | Wind Tre SpA, 5.00%, 11/03/2020(a)(b) | $ | 179,620 | ||||||
|
|
|||||||||
410,507 | ||||||||||
|
|
|||||||||
KAZAKHSTAN - 0.3% | ||||||||||
USD | 216 | Tengizchevroil Finance Co. International Ltd., 4.00%, 08/15/2026(a)(f) | 205,633 | |||||||
|
|
|||||||||
KUWAIT - 0.3% | ||||||||||
USD | 200 | Equate Petrochemical BV, 3.00%, 03/03/2022(a) | 192,420 | |||||||
|
|
|||||||||
LUXEMBOURG - 3.1% | ||||||||||
USD | 425 | Altice Financing SA, 7.50%, 05/15/2021(a)(b) | 413,780 | |||||||
EUR | 275 | Altice Luxembourg SA, 7.25%, 08/30/2018(a)(b) | 329,611 | |||||||
EUR | 340 | ARD Finance SA, 6.63%, 09/15/2019(b)(g) | 410,480 | |||||||
EUR | 275 | DEA Finance SA, 7.50%, 04/15/2019(a)(b) | 345,980 | |||||||
EUR | 120 | INEOS Group Holdings SA, 5.38%, 08/01/2019(a)(b) | 147,689 | |||||||
EUR | 100 | Kleopatra Holdings 1 SCA, 8.50%, 07/15/2019(a)(b)(g) | 81,322 | |||||||
EUR | 260 | Matterhorn Telecom Holding SA, 4.88%, 08/10/2018(a)(b) | 307,527 | |||||||
EUR | 200 | SIG Combibloc Holdings SCA, 7.75%, 08/10/2018(a)(b) | 243,243 | |||||||
|
|
|||||||||
2,279,632 | ||||||||||
|
|
|||||||||
MALAYSIA - 1.4% | ||||||||||
MYR | 300 | Cagamas Bhd, 4.05%, 12/20/2018 | 73,850 | |||||||
MYR | 500 | Cagamas Bhd, 4.45%, 11/25/2020 | 123,791 | |||||||
USD | 200 | Gohl Capital Ltd., 4.25%, 01/24/2027(a) | 192,846 | |||||||
MYR | 200 | Malaysia Airports Capital Bhd, 4.55%, 08/28/2020 | 49,442 | |||||||
USD | 200 | Press Metal Labuan Ltd., 4.80%, 10/30/2020(a)(b) | 187,908 | |||||||
USD | 200 | RHB Bank Bhd, 2.50%, 10/06/2021(a) | 191,859 | |||||||
USD | 200 | TNB Global Ventures Capital Bhd, 3.24%, 10/19/2026(a) | 183,521 | |||||||
|
|
|||||||||
1,003,217 | ||||||||||
|
|
|||||||||
MEXICO - 1.8% | ||||||||||
USD | 390 | Petroleos Mexicanos, 6.50%, 06/02/2041 | 360,906 | |||||||
USD | 280 | Petroleos Mexicanos, 6.63%, 06/15/2035 | 271,180 | |||||||
USD | 130 | Petroleos Mexicanos, 6.63%, 06/15/2038 | 124,449 | |||||||
USD | 159 | Petroleos Mexicanos, 6.88%, 08/04/2026 | 166,155 | |||||||
USD | 210 | Sixsigma Networks Mexico SA de CV, 7.50%, 05/02/2021(a)(b) | 209,202 | |||||||
USD | 224 | Unifin Financiera SAB de CV SOFOM ENR, 8.88%, 01/29/2025(a)(b)(c) | 211,680 | |||||||
|
|
|||||||||
1,343,572 | ||||||||||
|
|
|||||||||
NETHERLANDS - 1.2% | ||||||||||
USD | 160 | Cimpress NV, 7.00%, 06/15/2021(a)(b) | 164,400 | |||||||
USD | 200 | GTH Finance BV, 7.25%, 01/26/2023(a)(b) | 210,710 | |||||||
EUR | 100 | InterXion Holding, 4.75%, 06/15/2021(a)(b) | 121,320 | |||||||
USD | 410 | Ziggo BV, 5.50%, 01/15/2022(a)(b) | 390,525 | |||||||
|
|
|||||||||
886,955 | ||||||||||
|
|
|||||||||
NIGERIA - 1.4% | ||||||||||
USD | 210 | Access Bank PLC, 10.50%, 10/19/2021(a) | 220,479 | |||||||
USD | 200 | IHS Netherlands Holdco BV, 9.50%, 10/27/2018(a)(b) | 204,676 | |||||||
USD | 220 | SEPLAT Petroleum Development Co. PLC, 9.25%, 04/01/2020(a)(b) | 218,900 | |||||||
USD | 420 | United Bank for Africa PLC, 7.75%, 06/08/2022(a) | 422,041 | |||||||
|
|
|||||||||
1,066,096 | ||||||||||
|
|
|||||||||
OMAN - 0.3% | ||||||||||
USD | 230 | Oztel Holdings SPC Ltd., 6.63%, 04/24/2028(a) | 227,987 | |||||||
|
|
See Notes to Portfolio of Investments.
Aberdeen Global Income Fund, Inc.
Portfolio of Investments (unaudited) (continued)
As of July 31, 2018
Principal Amount |
Description |
Value (US$) |
||||||||
CORPORATE BONDS (continued) | ||||||||||
PARAGUAY - 0.3% | ||||||||||
USD |
250 | Banco Regional SAECA, 8.13%, 01/24/2019(a) |
$ | 255,000 | ||||||
|
|
|||||||||
RUSSIA - 2.0% | ||||||||||
USD |
240 | Credit Bank of Moscow Via CBOM Finance PLC, 7.50%, 10/05/2022(a)(b) |
209,025 | |||||||
USD |
301 | Evraz Group SA, 5.38%, 03/20/2023(a) |
299,194 | |||||||
USD |
230 | Gazprom OAO Via Gaz Capital SA, 4.95%, 03/23/2027(a) |
223,382 | |||||||
USD |
300 | Gazprom OAO Via Gaz Capital SA, 6.00%, 01/23/2021(a) |
312,000 | |||||||
USD | 380 | Vnesheconombank Via VEB Finance PLC, 6.80%, 11/22/2025(a) | 406,069 | |||||||
|
|
|||||||||
1,449,670 | ||||||||||
|
|
|||||||||
SINGAPORE - 0.8% | ||||||||||
USD |
200 | DBS Group Holdings Ltd., 4.52%, 12/11/2023(a)(b) |
201,550 | |||||||
USD |
200 | Parkway Pantai Ltd., 4.25%, 07/27/2022(a)(b)(c) |
190,000 | |||||||
USD | 200 | United Overseas Bank Ltd., 3.50%, 09/16/2021(a)(b)(h) | 195,948 | |||||||
|
|
|||||||||
587,498 | ||||||||||
|
|
|||||||||
SOUTH AFRICA - 0.3% | ||||||||||
USD |
210 | Liquid Telecommunications Financing PLC, 8.50%, 07/13/2020(a)(b) |
217,868 | |||||||
|
|
|||||||||
SPAIN - 0.3% | ||||||||||
EUR |
100 | Codere Finance 2 Luxembourg SA, 6.75%, 10/31/2018(a)(b) |
112,651 | |||||||
EUR | 100 | Codere Finance 2 Luxembourg SA, 6.75%, 10/31/2018(a)(b) | 112,652 | |||||||
|
|
|||||||||
225,303 | ||||||||||
|
|
|||||||||
THAILAND - 0.5% | ||||||||||
USD |
200 | GC Treasury Center Co. Ltd., 4.25%, 09/19/2022(a) |
200,820 | |||||||
USD | 200 | PTTEP Canada International Finance Ltd., 5.69%, 04/05/2021(a) | 209,457 | |||||||
|
|
|||||||||
410,277 | ||||||||||
|
|
|||||||||
TURKEY - 1.3% | ||||||||||
USD |
600 | Hazine Mustesarligi Varlik Kiralama AS, 5.00%, 04/06/2023(a) |
560,700 | |||||||
USD |
209 | Turkiye Vakiflar Bankasi TAO, 6.00%, 11/01/2022(a) |
168,306 | |||||||
USD | 250 | Yasar Holding AS, 8.88%, 08/31/2018(a)(b) | 223,102 | |||||||
|
|
|||||||||
952,108 | ||||||||||
|
|
|||||||||
UKRAINE - 1.2% | ||||||||||
USD |
220 | Metinvest BV, 8.50%, 01/23/2026(a)(b) |
212,654 | |||||||
USD |
243 | MHP Lux SA, 6.95%, 04/03/2026(a) |
234,176 | |||||||
USD |
210 | Ukreximbank Via Biz Finance PLC, 9.63%, 04/27/2022(a)(f) |
215,883 | |||||||
UAH | 6,000 | Ukreximbank Via Biz Finance PLC, 16.50%, 03/02/2021(a) | 210,017 | |||||||
|
|
|||||||||
872,730 | ||||||||||
|
|
|||||||||
UNITED ARAB EMIRATES - 0.2% | ||||||||||
USD |
200 | MAF Global Securities Ltd., 5.50%, 09/07/2022(a)(b)(c)(h) |
190,224 | |||||||
|
|
|||||||||
UNITED KINGDOM - 5.2% | ||||||||||
EUR |
200 | Barclays PLC, 6.50%, 09/15/2019(b)(c) |
243,276 | |||||||
GBP |
110 | Cabot Financial Luxembourg SA, 6.50%, 08/10/2018(a)(b) |
144,742 | |||||||
EUR |
130 | Corral Petroleum Holdings AB, 11.75%, 05/15/2019(a)(b)(g) |
163,040 | |||||||
GBP |
110 | CYBG PLC, 5.00%, 02/08/2021(a)(b)(h) |
148,475 | |||||||
GBP |
200 | CYBG PLC, 8.00%, 12/08/2022(a)(b)(c)(h) |
268,416 | |||||||
USD |
310 | Fiat Chrysler Automobiles, 5.25%, 04/15/2023 |
312,325 | |||||||
USD |
200 | HSBC Holdings PLC, 6.38%, 09/17/2024(b)(c) |
200,750 | |||||||
GBP |
100 | Lloyds Bank PLC, 13.00%, 01/21/2029(b)(c)(h) |
228,056 | |||||||
GBP |
300 | Moto Finance PLC, 4.50%, 03/15/2019(a)(b) |
389,630 | |||||||
GBP |
185 | Paragon Banking Group PLC (The), 7.25%, 09/09/2021(a)(b)(h) |
258,605 | |||||||
GBP |
150 | Phoenix Group Holdings, 6.63%, 12/18/2025(a) |
217,099 |
See Notes to Portfolio of Investments.
Aberdeen Global Income Fund, Inc.
Portfolio of Investments (unaudited) (continued)
As of July 31, 2018
Principal Amount |
Description |
Value (US$) |
||||||||
CORPORATE BONDS (continued) | ||||||||||
UNITED KINGDOM (continued) |
| |||||||||
GBP | 235 | Pinewood Finco PLC, 3.75%, 12/01/2019(a)(b) | $ | 309,213 | ||||||
GBP | 135 | Pinnacle Bidco PLC, 6.38%, 02/15/2021(a)(b) | 179,409 | |||||||
GBP | 100 | Pizzaexpress Financing 2 PLC, 6.63%, 08/10/2018(a)(b) | 121,872 | |||||||
GBP | 200 | RAC Bond Co. PLC, 5.00%, 07/14/2019(a)(b) | 246,096 | |||||||
GBP | 100 | TalkTalk Telecom Group PLC, 5.38%, 01/15/2019(a)(b) | 131,525 | |||||||
GBP | 207 | Virgin Media Secured Finance PLC, 5.50%, 01/15/2019(a)(b) | 277,064 | |||||||
|
|
|||||||||
3,839,593 | ||||||||||
|
|
|||||||||
UNITED STATES - 24.6% | ||||||||||
EUR | 200 | Adient Global Holdings Ltd., 3.50%, 05/15/2024(a)(b) | 222,481 | |||||||
EUR | 120 | Alliance Data Systems Corp., 5.25%, 11/15/2018(a)(b) | 144,925 | |||||||
USD | 123 | Alliance Data Systems Corp., 5.88%, 11/01/2018(a)(b) | 125,460 | |||||||
USD | 200 | Altice US Finance I Corp., 5.38%, 08/13/2018(a)(b) | 201,750 | |||||||
GBP | 200 | AMC Entertainment Holdings, Inc., 6.38%, 11/15/2019(b) | 265,791 | |||||||
USD | 100 | AmeriGas Partners LP / AmeriGas Finance Corp., 5.88%, 05/20/2026(b) | 97,250 | |||||||
USD | 148 | Apergy Corp., 6.38%, 05/01/2021(a)(b) | 150,775 | |||||||
USD | 66 | Ascend Learning LLC, 6.88%, 08/01/2020(a)(b) | 66,825 | |||||||
USD | 353 | Avis Budget Car Rental LLC / Avis Budget Finance, Inc., 5.50%, 08/31/2018(b) | 347,705 | |||||||
USD | 298 | Bank of America Corp., 6.25%, 09/05/2024(b)(c)(h) | 310,292 | |||||||
EUR | 120 | Bausch Health Cos. Inc., 4.50%, 08/30/2018(a)(b) | 135,548 | |||||||
USD | 61 | Berry Petroleum Co. LLC, 7.00%, 02/15/2021(a)(b) | 63,593 | |||||||
USD | 155 | Blue Racer Midstream LLC / Blue Racer Finance Corp., 6.13%, 08/31/2018(a)(b) | 156,984 | |||||||
USD | 230 | BMC Software Finance, Inc., 8.13%, 08/31/2018(a)(b) | 235,462 | |||||||
USD | 240 | Boyd Gaming Corp., 6.38%, 04/01/2021(b) | 245,400 | |||||||
USD | 80 | Bruin E&P Partners LLC, 8.88%, 08/01/2020(a)(b) | 80,799 | |||||||
EUR | 100 | BWAY Holding Co., 4.75%, 04/15/2020(a)(b) | 117,245 | |||||||
USD | 95 | Callon Petroleum Co., 6.13%, 10/01/2019(b) | 96,425 | |||||||
USD | 355 | Calpine Corp., 5.75%, 10/15/2019(b) | 326,600 | |||||||
USD | 217 | Carrizo Oil & Gas, Inc., 6.25%, 08/31/2018(b) | 220,797 | |||||||
USD | 525 | CCO Holdings LLC / CCO Holdings Capital Corp., 5.75%, 02/15/2021(a)(b) | 521,719 | |||||||
USD | 100 | CenturyLink, Inc., 5.63%, 04/01/2020 | 102,250 | |||||||
USD | 71 | Cenveo Corp., 6.00%, 02/01/2019(a)(b)(d) | 26,625 | |||||||
USD | 292 | Change Healthcare Holdings LLC / Change Healthcare Finance, Inc., 5.75%, 03/01/2020(a)(b) | 282,510 | |||||||
USD | 374 | Cheniere Corpus Christi Holdings LLC, 5.88%, 10/02/2024(b) | 393,635 | |||||||
USD | 39 | Cheniere Energy Partners LP, 5.25%, 10/01/2020(b) | 38,805 | |||||||
USD | 240 | Cogent Communications Group, Inc., 5.38%, 12/01/2021(a)(b) | 244,200 | |||||||
USD | 143 | Commercial Metals Co., 5.75%, 04/15/2021(a)(b) | 137,995 | |||||||
USD | 279 | Compass Minerals International, Inc., 4.88%, 05/15/2024(a)(b) | 258,075 | |||||||
EUR | 265 | Crown European Holdings SA, 3.38%, 11/15/2024(a)(b) | 318,775 | |||||||
USD | 200 | CSC Holdings LLC, 10.88%, 10/15/2020(a)(b) | 232,000 | |||||||
EUR | 100 | Energizer Gamma Acquisition BV, 4.63%, 07/15/2021(a)(b) | 119,396 | |||||||
USD | 10 | Energizer Gamma Acquisition, Inc., 6.38%, 07/15/2021(a)(b) | 10,275 | |||||||
USD | 300 | Equinix, Inc., 5.38%, 08/31/2018(b) | 307,500 | |||||||
USD | 155 | Frontier Communications Corp., 10.50%, 06/15/2022(b) | 140,663 | |||||||
USD | 243 | Golden Nugget, Inc., 6.75%, 10/15/2019(a)(b) | 242,392 | |||||||
USD | 345 | Golden Nugget, Inc., 8.75%, 10/01/2020(a)(b) | 357,937 | |||||||
USD | 322 | Goldman Sachs Group, Inc. (The), 5.38%, 05/10/2020(b)(c)(h) | 328,440 | |||||||
USD | 111 | Goodyear Tire & Rubber Co. (The), 5.13%, 11/15/2018(b) | 109,335 | |||||||
USD | 113 | Graham Holdings Co., 5.75%, 06/01/2021(a)(b) | 113,848 | |||||||
USD | 20 | Grinding Media, Inc. / Moly-Cop AltaSteel Ltd., 7.38%, 12/15/2019(a)(b) | 20,800 | |||||||
USD | 270 | Hardwoods Acquisition, Inc., 7.50%, 08/31/2018(a)(b) | 247,725 | |||||||
USD | 125 | Harland Clarke Holdings Corp., 6.88%, 08/31/2018(a)(b) | 123,125 | |||||||
USD | 125 | Harland Clarke Holdings Corp., 8.38%, 02/15/2019(a)(b) | 119,525 | |||||||
USD | 299 | HCA, Inc., 5.88%, 08/15/2025(b) | 309,091 |
See Notes to Portfolio of Investments.
Aberdeen Global Income Fund, Inc.
Portfolio of Investments (unaudited) (continued)
As of July 31, 2018
Principal Amount |
Description |
Value (US$) |
||||||||
CORPORATE BONDS (continued) | ||||||||||
UNITED STATES (continued) |
| |||||||||
USD | 115 | HCA, Inc., 7.50%, 02/15/2022 | $ | 126,356 | ||||||
USD | 301 | HD Supply, Inc., 5.75%, 04/15/2019(a)(b)(i) | 316,050 | |||||||
USD | 118 | Herc Rentals, Inc., 7.75%, 06/01/2019(a)(b) | 126,446 | |||||||
USD | 189 | Hilcorp Energy I LP / Hilcorp Finance Co., 5.75%, 04/01/2020(a)(b) | 188,527 | |||||||
USD | 145 | Iron Mountain, Inc., 5.25%, 12/27/2022(a)(b) | 134,125 | |||||||
USD | 157 | JC Penney Corp., Inc., 5.88%, 07/01/2019(a)(b) | 148,216 | |||||||
USD | 180 | JPMorgan Chase & Co., 4.63%, 11/01/2022(b)(c) | 167,976 | |||||||
USD | 291 | KB Home, 7.00%, 09/15/2021(b) | 306,679 | |||||||
USD | 185 | Lennar Corp., 4.88%, 09/15/2023(b) | 184,538 | |||||||
USD | 312 | Level 3 Financing, Inc., 5.13%, 08/31/2018(b) | 308,880 | |||||||
USD | 185 | Level 3 Financing, Inc., 5.38%, 05/01/2020(b) | 180,375 | |||||||
USD | 163 | Meredith Corp., 6.88%, 02/01/2021(a)(b) | 164,223 | |||||||
USD | 161 | MGM Resorts International, 4.63%, 06/01/2026(b) | 151,340 | |||||||
USD | 190 | Morgan Stanley, 5.55%, 07/15/2020 (b)(c)(h) | 194,750 | |||||||
USD | 142 | Moss Creek Resources Holdings, Inc., 7.50%, 01/15/2021(a)(b) | 138,450 | |||||||
USD | 53 | MPT Operating Partnership LP / MPT Finance Corp., 5.00%, 10/15/2022(b) | 51,278 | |||||||
USD | 170 | Nationstar Mortgage LLC / Nationstar Capital Corp., 6.50%, 08/31/2018(b) | 169,150 | |||||||
USD | 110 | Neiman Marcus Group Ltd., LLC, 8.00%, 08/31/2018(a)(b) | 69,300 | |||||||
USD | 329 | New Enterprise Stone & Lime Co., Inc., 10.13%, 04/01/2019(a)(b) | 349,562 | |||||||
USD | 80 | NRG Energy, Inc., 7.25%, 05/15/2021(b) | 85,200 | |||||||
USD | 150 | Oasis Petroleum, Inc., 6.88%, 08/31/2018(b) | 153,375 | |||||||
USD | 112 | Park-Ohio Industries, Inc., 6.63%, 04/15/2022(b) | 113,120 | |||||||
USD | 170 | Pitney Bowes, Inc., 3.63%, 09/01/2021(b) | 160,438 | |||||||
USD | 167 | Post Holdings, Inc., 5.00%, 08/15/2021(a)(b) | 157,398 | |||||||
USD | 155 | Radiate Holdco LLC / Radiate Finance, Inc., 6.63%, 02/15/2020(a)(b) | 144,925 | |||||||
USD | 49 | Radiate Holdco LLC / Radiate Finance, Inc., 6.88%, 02/15/2020(a)(b) | 47,408 | |||||||
USD | 349 | Rite Aid Corp., 6.13%, 08/31/2018(a)(b) | 350,745 | |||||||
USD | 377 | Sabine Pass Liquefaction LLC, 5.63%, 12/01/2024(b) | 404,153 | |||||||
USD | 195 | Sanchez Energy Corp., 6.13%, 08/31/2018(b) | 133,819 | |||||||
USD | 113 | Sanchez Energy Corp., 7.25%, 02/15/2020(a)(b) | 111,198 | |||||||
USD | 255 | Sinclair Television Group, Inc., 5.63%, 08/01/2019(a)(b) | 251,812 | |||||||
USD | 72 | Sprint Corp., 7.63%, 11/01/2025(b) | 74,700 | |||||||
USD | 289 | Sprint Corp., 7.88%, 09/15/2023 | 308,507 | |||||||
USD | 120 | State Street Corp., 3M USD LIBOR + 1.000%, 3.34%, 08/31/2018(b)(j) | 107,621 | |||||||
USD | 304 | Summit Materials LLC / Summit Materials Finance Corp, 6.13%, 08/16/2018(b) | 308,560 | |||||||
USD | 2 | Summit Materials LLC / Summit Materials Finance Corp., 5.13%, 06/01/2020(a)(b) | 1,898 | |||||||
USD | 235 | Tempo Acquisition LLC / Tempo Acquisition Finance Corp., 6.75%, 06/01/2020(a)(b) | 227,174 | |||||||
USD | 119 | Tenet Healthcare Corp., 4.63%, 07/15/2020(b) | 115,281 | |||||||
USD | 117 | TopBuild Corp., 5.63%, 05/01/2021(a)(b) | 114,660 | |||||||
USD | 85 | TransDigm, Inc., 6.50%, 07/15/2019(b) | 87,019 | |||||||
USD | 150 | Transocean Guardian Ltd., 5.88%, 07/15/2021(a)(b) | 151,500 | |||||||
USD | 182 | TTM Technologies, Inc., 5.63%, 10/01/2020 (a)(b) | 179,725 | |||||||
USD | 303 | United Rentals North America, Inc., 5.50%, 07/15/2020(b) | 307,545 | |||||||
USD | 187 | Valvoline, Inc., 5.50%, 07/15/2019(b) | 188,870 | |||||||
USD | 285 | Vistra Energy Corp., 7.63%, 11/01/2019(b) | 305,392 | |||||||
USD | 71 | Vistra Energy Corp., 8.13%, 07/30/2020(a)(b) | 78,033 | |||||||
USD | 68 | Warrior Met Coal, Inc., 8.00%, 11/01/2020(a)(b) | 70,295 | |||||||
USD | 213 | WMG Acquisition Corp., 5.63%, 08/30/2018(a)(b) | 215,929 | |||||||
USD | 18 | WPX Energy, Inc., 5.75%, 06/01/2021(b) | 18,045 | |||||||
USD | 120 | WR Grace & Co-Conn, 5.13%, 10/01/2021(a) | 122,100 | |||||||
USD | 115 | Wyndham Destinations, Inc., 4.15%, 02/01/2024(b) | 113,131 | |||||||
USD | 110 | Wyndham Destinations, Inc., 5.10%, 07/01/2025(b) | 113,300 | |||||||
USD | 305 | XPO Logistics, Inc., 6.13%, 09/01/2019(a)(b) | 313,387 |
See Notes to Portfolio of Investments.
Aberdeen Global Income Fund, Inc.
Portfolio of Investments (unaudited) (continued)
As of July 31, 2018
Principal Amount |
Description |
Value (US$) |
||||||||
CORPORATE BONDS (continued) | ||||||||||
UNITED STATES (continued) |
| |||||||||
USD |
340 | Zayo Group LLC / Zayo Capital Inc, 6.38%, 05/15/2020(b) |
$ | 351,900 | ||||||
|
|
|||||||||
18,183,132 | ||||||||||
|
|
|||||||||
Total Corporate Bonds - 67.4% (cost $50,667,327) |
49,760,164 | |||||||||
|
|
|||||||||
GOVERNMENT BONDS - 65.6% | ||||||||||
ANGOLA - 0.6% | ||||||||||
USD | 430 | Angolan Government International Bond, 9.38%, 05/08/2048(a) | 455,518 | |||||||
|
|
|||||||||
ARGENTINA - 3.2% |
| |||||||||
ARS |
17,774 | Argentina POM Politica Monetaria, Argentina Central Bank 7-day Repo Reference Rate, 40.00%, 06/21/2020(j) | 679,836 | |||||||
USD |
1,090 | Argentine Republic Government International Bond, 6.88%, 01/26/2027 |
991,900 | |||||||
USD |
340 | Argentine Republic Government International Bond, 6.88%, 01/11/2048 |
266,563 | |||||||
USD |
323 | Argentine Republic Government International Bond, 7.13%, 07/06/2036 |
272,127 | |||||||
USD | 203 | Argentine Republic Government International Bond, 8.28%, 12/31/2033(f) | 189,065 | |||||||
|
|
|||||||||
2,399,491 | ||||||||||
|
|
|||||||||
AUSTRALIA - 9.7% |
| |||||||||
AUD |
3,500 | Queensland Treasury Corp., 3.25%, 07/21/2028(a) |
2,626,447 | |||||||
AUD |
5,200 | Treasury Corp. of Victoria, 4.75%, 11/20/2030 |
4,517,333 | |||||||
|
|
|||||||||
7,143,780 | ||||||||||
|
|
|||||||||
BAHRAIN - 0.3% |
| |||||||||
USD | 220 | Bahrain Government International Bond, 7.00%, 01/26/2026(a) | 211,200 | |||||||
|
|
|||||||||
BELARUS - 0.3% |
| |||||||||
USD | 241 | Republic of Belarus International Bond, 6.20%, 02/28/2030(a) | 234,915 | |||||||
|
|
|||||||||
BRAZIL - 1.9% |
| |||||||||
BRL |
3,950 | Brazil Notas do Tesouro Nacional, 10.00%, 01/01/2029 |
986,260 | |||||||
USD | 400 | Brazilian Government International Bond, 7.13%, 01/20/2037 | 449,000 | |||||||
|
|
|||||||||
1,435,260 | ||||||||||
|
|
|||||||||
COLOMBIA - 0.5% |
| |||||||||
USD |
200 | Colombia Government International Bond, 4.50%, 10/28/2025(b) |
204,500 | |||||||
USD | 120 | Colombia Government International Bond, 7.38%, 09/18/2037 | 151,200 | |||||||
|
|
|||||||||
355,700 | ||||||||||
|
|
|||||||||
COSTA RICA - 0.3% |
| |||||||||
USD | 250 | Costa Rica Government International Bond, 4.25%, 01/26/2023(a) | 241,277 | |||||||
|
|
|||||||||
DOMINICAN REPUBLIC - 1.2% |
| |||||||||
USD |
210 | Dominican Republic International Bond, 5.88%, 04/18/2024(a)(f) |
215,886 | |||||||
USD |
100 | Dominican Republic International Bond, 6.88%, 01/29/2026(a) |
107,041 | |||||||
USD | 530 | Dominican Republic International Bond, 8.63%, 04/20/2027(a)(f) | 598,900 | |||||||
|
|
|||||||||
921,827 | ||||||||||
|
|
|||||||||
ECUADOR - 0.9% |
| |||||||||
USD | 630 | Ecuador Government International Bond, 8.75%, 06/02/2023(a) | 628,425 | |||||||
|
|
|||||||||
EGYPT - 1.4% |
| |||||||||
USD |
200 | Egypt Government International Bond, 6.13%, 01/31/2022(a) |
202,761 | |||||||
USD |
430 | Egypt Government International Bond, 7.90%, 02/21/2048(a) |
426,760 | |||||||
EGP | 8,600 | Egypt Treasury Bills, Zero Coupon, 04/16/2019 | 425,358 | |||||||
|
|
|||||||||
1,054,879 | ||||||||||
|
|
|||||||||
EL SALVADOR - 0.6% |
| |||||||||
USD | 440 | El Salvador Government International Bond, 7.65%, 06/15/2035(a) | 440,000 | |||||||
|
|
See Notes to Portfolio of Investments.
Aberdeen Global Income Fund, Inc.
Portfolio of Investments (unaudited) (continued)
As of July 31, 2018
Principal Amount |
Description |
Value (US$) |
||||||||
GOVERNMENT BONDS (continued) |
| |||||||||
ETHIOPIA - 0.7% | ||||||||||
USD | 500 | Ethiopia International Bond, 6.63%, 12/11/2024(a) | $ | 509,988 | ||||||
|
|
|||||||||
GHANA - 1.7% | ||||||||||
GHS |
1,700 | Ghana Government Bond, 21.50%, 03/09/2020 | 371,218 | |||||||
USD |
420 | Ghana Government International Bond, 7.63%, 05/16/2029(a)(f) | 433,888 | |||||||
USD |
430 | Ghana Government International Bond, 8.13%, 01/18/2026(a)(f) | 463,414 | |||||||
|
|
|||||||||
1,268,520 | ||||||||||
|
|
|||||||||
HONDURAS - 0.5% | ||||||||||
USD | 330 | Honduras Government International Bond, 7.50%, 03/15/2024(a)(f) | 357,769 | |||||||
|
|
|||||||||
INDIA - 1.1% | ||||||||||
INR |
50,000 | India Government Bond, 7.73%, 12/19/2034 | 700,578 | |||||||
INR |
10,000 | National Highways Authority of India, 7.30%, 05/18/2022(a) | 144,496 | |||||||
|
|
|||||||||
845,074 | ||||||||||
|
|
|||||||||
INDONESIA - 5.1% | ||||||||||
USD |
940 | Indonesia Government International Bond, 4.13%, 01/15/2025(a) | 932,426 | |||||||
USD |
800 | Indonesia Government International Bond, 5.13%, 01/15/2045(a) | 819,234 | |||||||
IDR |
8,400,000 | Indonesia Treasury Bond, 5.63%, 05/15/2023 | 534,757 | |||||||
IDR |
4,800,000 | Indonesia Treasury Bond, 6.13%, 05/15/2028 | 295,423 | |||||||
IDR |
1,500,000 | Indonesia Treasury Bond, 6.63%, 05/15/2033 | 90,395 | |||||||
IDR |
5,800,000 | Indonesia Treasury Bond, 7.50%, 05/15/2038 | 377,080 | |||||||
IDR |
10,200,000 | Indonesia Treasury Bond, 8.38%, 03/15/2034 | 707,030 | |||||||
|
|
|||||||||
3,756,345 | ||||||||||
|
|
|||||||||
IRAQ - 0.7% | ||||||||||
USD |
330 | Iraq International Bond, 5.80%, 09/16/2018(a)(b) | 310,931 | |||||||
USD |
200 | Iraq International Bond, 6.75%, 03/09/2023(a) | 199,078 | |||||||
|
|
|||||||||
510,009 | ||||||||||
|
|
|||||||||
KAZAKHSTAN - 1.8% | ||||||||||
USD |
520 | Kazakhstan Government International Bond, 3.88%, 10/14/2024(a) | 526,371 | |||||||
USD |
681 | Kazakhstan Government International Bond, 6.50%, 07/21/2045(a) | 838,225 | |||||||
|
|
|||||||||
1,364,596 | ||||||||||
|
|
|||||||||
KENYA - 1.1% | ||||||||||
USD |
420 | Kenya Government International Bond, 6.88%, 06/24/2024(a) | 427,902 | |||||||
USD |
410 | Kenya Government International Bond, 8.25%, 02/28/2048(a) | 414,097 | |||||||
|
|
|||||||||
841,999 | ||||||||||
|
|
|||||||||
MALAYSIA - 2.2% | ||||||||||
MYR |
400 | Malaysia Government Bond, 3.44%, 02/15/2021 | 98,068 | |||||||
MYR |
900 | Malaysia Government Bond, 3.49%, 03/31/2020 | 221,325 | |||||||
MYR |
600 | Malaysia Government Bond, 3.62%, 11/30/2021 | 147,734 | |||||||
MYR |
1,000 | Malaysia Government Bond, 4.05%, 09/30/2021 | 248,800 | |||||||
MYR |
800 | Malaysia Government Bond, 4.74%, 03/15/2046 | 191,119 | |||||||
MYR |
2,900 | Malaysia Government Bond, 4.76%, 04/07/2037 | 711,430 | |||||||
|
|
|||||||||
1,618,476 | ||||||||||
|
|
|||||||||
MEXICO - 1.4% | ||||||||||
MXN |
4,600 | Mexican Bonos, 5.75%, 03/05/2026 | 218,462 | |||||||
MXN |
7,850 | Mexican Bonos, 8.00%, 06/11/2020 | 422,288 | |||||||
USD |
400 | Mexico Government International Bond, 3.50%, 01/21/2021 | 400,340 | |||||||
|
|
|||||||||
1,041,090 | ||||||||||
|
|
See Notes to Portfolio of Investments.
Aberdeen Global Income Fund, Inc.
Portfolio of Investments (unaudited) (continued)
As of July 31, 2018
Principal Amount |
Description |
Value (US$) |
||||||||
GOVERNMENT BONDS (continued) |
| |||||||||
MONGOLIA - 0.5% |
| |||||||||
USD | 400 | Mongolia Government International Bond, 5.63%, 05/01/2023(a) | $ | 390,342 | ||||||
|
|
|||||||||
NEW ZEALAND - 9.7% |
| |||||||||
NZD | 3,800 | New Zealand Government Bond, 4.50%, 04/15/2027(a) | 2,967,786 | |||||||
NZD | 6,000 | New Zealand Government Bond, 5.00%, 03/15/2019(a) | 4,171,262 | |||||||
|
|
|||||||||
7,139,048 | ||||||||||
|
|
|||||||||
NIGERIA - 1.9% |
| |||||||||
NGN | 326,000 | Nigeria Government Bond, 12.50%, 01/22/2026 | 835,212 | |||||||
USD | 200 | Nigeria Government International Bond, 7.14%, 02/23/2030(a) | 199,174 | |||||||
USD | 200 | Nigeria Government International Bond, 7.63%, 11/28/2047(a) | 192,694 | |||||||
USD | 200 | Nigeria Government International Bond, 7.88%, 02/16/2032(a) | 206,260 | |||||||
|
|
|||||||||
1,433,340 | ||||||||||
|
|
|||||||||
OMAN - 0.3% |
| |||||||||
USD | 230 | Oman Government International Bond, 6.75%, 01/17/2048(a) | 219,063 | |||||||
|
|
|||||||||
PARAGUAY - 0.3% |
| |||||||||
USD | 200 | Paraguay Government International Bond, 5.00%, 04/15/2026(a) | 206,000 | |||||||
|
|
|||||||||
PERU - 1.0% |
| |||||||||
PEN | 805 | Peru Government Bond, 6.15%, 08/12/2032(a) | 255,090 | |||||||
PEN | 1,450 | Peruvian Government International Bond, 6.95%, 08/12/2031(a) | 490,821 | |||||||
|
|
|||||||||
745,911 | ||||||||||
|
|
|||||||||
PHILIPPINES - 0.5% |
| |||||||||
PHP | 17,000 | Philippine Government Bond, 6.25%, 03/22/2028 | 312,308 | |||||||
USD | 40 | Philippine Government International Bond, 8.38%, 06/17/2019 | 41,900 | |||||||
|
|
|||||||||
354,208 | ||||||||||
|
|
|||||||||
QATAR - 0.3% |
| |||||||||
USD | 217 | Qatar Government International Bond, 5.10%, 04/23/2048(a) | 221,618 | |||||||
|
|
|||||||||
ROMANIA - 1.8% |
| |||||||||
USD | 1,260 | Romanian Government International Bond, 4.88%, 01/22/2024(a) | 1,310,337 | |||||||
|
|
|||||||||
RUSSIA - 1.4% |
| |||||||||
RUB | 26,000 | Russian Federal Bond - OFZ, 7.70%, 03/23/2033 | 415,784 | |||||||
RUB | 25,200 | Russian Federal Bond - OFZ, 8.15%, 02/03/2027 | 418,294 | |||||||
USD | 200 | Russian Foreign Bond - Eurobond, 4.75%, 05/27/2026(a) | 202,750 | |||||||
|
|
|||||||||
1,036,828 | ||||||||||
|
|
|||||||||
RWANDA - 0.8% |
| |||||||||
USD | 350 | Rwanda International Government Bond, 6.63%, 05/02/2023(a) | 358,049 | |||||||
USD | 200 | Rwanda International Government Bond, 6.63%, 05/02/2023(a) | 204,599 | |||||||
|
|
|||||||||
562,648 | ||||||||||
|
|
|||||||||
SENEGAL - 0.5% |
| |||||||||
USD | 330 | Senegal Government International Bond, 8.75%, 05/13/2021(a) | 361,284 | |||||||
|
|
|||||||||
SINGAPORE - 1.0% |
| |||||||||
SGD | 900 | Singapore Government Bond, 3.38%, 09/01/2033 | 710,982 | |||||||
|
|
|||||||||
SOUTH AFRICA - 1.5% |
| |||||||||
USD | 1,030 | Republic of South Africa Government International Bond, 4.88%, 04/14/2026 | 1,010,373 | |||||||
USD | 100 | Republic of South Africa Government International Bond, 6.25%, 03/08/2041 | 102,253 | |||||||
|
|
|||||||||
1,112,626 | ||||||||||
|
|
See Notes to Portfolio of Investments.
Aberdeen Global Income Fund, Inc.
Portfolio of Investments (unaudited) (continued)
As of July 31, 2018
Principal Amount |
Description |
Value (US$) |
||||||||||||
GOVERNMENT BONDS (continued) |
| |||||||||||||
SRI LANKA - 2.4% | ||||||||||||||
LKR | 165,000 | Sri Lanka Government Bond, 10.60%, 09/15/2019 | $ | 1,046,323 | ||||||||||
LKR | 15,000 | Sri Lanka Government Bond, 10.75%, 01/15/2019 | 94,708 | |||||||||||
LKR | 5,000 | Sri Lanka Government Bonds, 9.25%, 05/01/2020 | 31,169 | |||||||||||
LKR | 10,000 | Sri Lanka Government Bonds, 11.00%, 08/01/2021 | 64,432 | |||||||||||
LKR | 15,000 | Sri Lanka Government Bonds, 11.50%, 12/15/2021 | 98,427 | |||||||||||
USD | 430 | Sri Lanka Government International Bond, 6.75%, 04/18/2028(a) | 425,282 | |||||||||||
|
|
|||||||||||||
1,760,341 | ||||||||||||||
|
|
|||||||||||||
SURINAME - 0.3% | ||||||||||||||
USD | 200 | Republic of Suriname, 9.25%, 10/26/2026(a) | 194,000 | |||||||||||
|
|
|||||||||||||
TANZANIA - 0.1% | ||||||||||||||
USD | 89 | Tanzania Government International Bond, 6M USD LIBOR + 6.000%, 8.24%, 03/09/2020(a)(f)(j) | 90,577 | |||||||||||
|
|
|||||||||||||
TUNISIA - 0.6% | ||||||||||||||
USD | 450 | Banque Centrale de Tunisie International Bond, 5.75%, 01/30/2025(a) | 410,175 | |||||||||||
|
|
|||||||||||||
TURKEY - 1.2% | ||||||||||||||
TRY | 4,900 | Turkey Government Bond, 8.80%, 09/27/2023 | 666,531 | |||||||||||
USD | 210 | Turkey Government International Bond, 6.00%, 03/25/2027 | 192,801 | |||||||||||
|
|
|||||||||||||
859,332 | ||||||||||||||
|
|
|||||||||||||
UKRAINE - 1.7% | ||||||||||||||
USD | 1,260 | Ukraine Government International Bond, 7.75%, 09/01/2025(a) | 1,233,225 | |||||||||||
|
|
|||||||||||||
URUGUAY - 0.6% | ||||||||||||||
USD | 50 | Uruguay Government International Bond, 4.38%, 10/27/2027(f) | 51,275 | |||||||||||
USD | 146 | Uruguay Government International Bond, 7.63%, 03/21/2036(f) | 195,224 | |||||||||||
USD | 165 | Uruguay Government International Bond, 7.88%, 01/15/2033 | 222,148 | |||||||||||
|
|
|||||||||||||
468,647 | ||||||||||||||
|
|
|||||||||||||
Total Government Bonds - 65.6% (cost $50,768,871) |
48,456,670 | |||||||||||||
|
|
|||||||||||||
Shares or Principal Amount |
Value |
|||||||||||||
SHORT-TERM INVESTMENT - 2.6% | ||||||||||||||
UNITED STATES - 2.6% | ||||||||||||||
State Street Institutional U.S. Government Money Market Fund, Institutional Class, 1.48%(k) | 1,938,791 | 1,938,791 | ||||||||||||
|
|
|
|
|||||||||||
Total Short-Term Investment - 2.6% (cost $1,938,791) |
1,938,791 | |||||||||||||
|
|
|||||||||||||
Total Investments - 135.6% (cost $103,374,989) |
100,155,625 | |||||||||||||
|
|
|||||||||||||
Liabilities in Excess of Other Assets - (35.6)% |
(26,318,106 | ) | ||||||||||||
|
|
|||||||||||||
Net Assets - 100.0% | $ | 73,837,519 | ||||||||||||
|
|
(a) | Denotes a restricted security. |
(b) | The maturity date presented for these instruments represents the next call/put date. |
(c) | 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. |
(d) | Security is in default. |
(e) | Illiquid security. |
(f) | Sinkable security. |
See Notes to Portfolio of Investments.
Aberdeen Global Income Fund, Inc.
Portfolio of Investments (unaudited) (continued)
As of July 31, 2018
(g) | Payment-in-kind. This is a type of bond that pays interest in additional bonds rather than in cash. |
(h) | 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. |
(i) | Indicates a stepped coupon bond. This bond was issued with a low coupon that gradually increases over the life of the bond. |
(j) | Variable or Floating Rate Security. Rate disclosed is as of July 31, 2018. |
(k) | Registered investment company advised by State Street Global Advisors. The rate shown is the 7 day yield as of July 31, 2018. |
ARS | - | Argentine Peso | ||
AUD | - | Australian Dollar | ||
BRL | - | Brazilian Real | ||
CNH | - | Chinese Yuan Renminbi Offshore | ||
CNY | - | Chinese Yuan Renminbi | ||
EGP | - | Egyptian Pound | ||
EUR | - | Euro Currency | ||
GBP | - | British Pound Sterling | ||
GHS | - | Ghanaian Cedi | ||
IDR | - | Indonesian Rupiah | ||
INR | - | Indian Rupee | ||
KRW | - | South Korean Won | ||
LKR | - | Sri Lanka Rupee | ||
MXN | - | Mexican Peso | ||
MYR | - | Malaysian Ringgit | ||
NGN | - | Nigerian Naira | ||
NZD | - | New Zealand Dollar | ||
PEN | - | Peruvian Sol | ||
PHP | - | Philippine Peso | ||
RUB | - | New Russian Ruble | ||
SGD | - | Singapore Dollar | ||
THB | - | Thai Baht | ||
TRY | - | Turkish Lira | ||
TWD | - | New Taiwan Dollar | ||
UAH | - | Ukraine Hryvna | ||
USD | - | U.S. Dollar |
At July 31, 2018, the Funds open forward foreign currency exchange contracts were as follows:
Purchase Contracts |
Counterparty |
Amount Purchased |
Amount Sold | Fair Value | Unrealized Appreciation/ (Depreciation) |
|||||||||||||||||||
British Pound/United States Dollar |
|
|||||||||||||||||||||||
08/31/2018 |
HSBC Bank | GBP | 25,000 | USD | 32,858 | $ | 32,850 | $ | (8 | ) | ||||||||||||||
08/31/2018 |
JPMorgan Chase Bank | GBP | 40,000 | USD | 52,980 | 52,560 | (420 | ) | ||||||||||||||||
Chinese Yuan Renminbi/United States Dollar |
|
|||||||||||||||||||||||
10/29/2018 |
HSBC Bank | CNY | 1,367,800 | USD | 200,000 | 200,761 | 761 | |||||||||||||||||
Chinese Yuan Renminbi Offshore/United States Dollar |
|
|||||||||||||||||||||||
10/29/2018 |
UBS | CNH | 10,250,000 | USD | 1,502,941 | 1,504,028 | 1,087 | |||||||||||||||||
Euro/United States Dollar |
|
|||||||||||||||||||||||
08/14/2018 |
Barclays Bank | EUR | 104,000 | USD | 120,927 | 121,716 | 789 | |||||||||||||||||
08/14/2018 |
HSBC Bank | EUR | 173,000 | USD | 202,132 | 202,471 | 339 | |||||||||||||||||
08/14/2018 |
JPMorgan Chase Bank | EUR | 132,000 | USD | 155,268 | 154,486 | (782 | ) | ||||||||||||||||
Indonesian Rupiah/United States Dollar |
|
|||||||||||||||||||||||
08/31/2018 |
HSBC Bank | IDR | 7,291,000,000 | USD | 500,000 | 505,094 | 5,094 | |||||||||||||||||
Malaysian Ringgit/United States Dollar |
|
|||||||||||||||||||||||
08/06/2018 |
HSBC Bank | MYR | 2,175,745 | USD | 550,000 | 535,178 | (14,822 | ) | ||||||||||||||||
Philippine Peso/United States Dollar |
|
|||||||||||||||||||||||
10/30/2018 |
HSBC Bank | PHP | 37,586,500 | USD | 700,000 | 706,124 | 6,124 | |||||||||||||||||
Singapore Dollar/United States Dollar |
|
|||||||||||||||||||||||
08/31/2018 |
UBS | SGD | 1,950,000 | USD | 1,456,115 | 1,433,188 | (22,927 | ) |
See Notes to Portfolio of Investments.
Aberdeen Global Income Fund, Inc.
Portfolio of Investments (unaudited) (continued)
As of July 31, 2018
South Korean Won/United States Dollar |
|
|||||||||||||||||||||||||
09/21/2018 |
Citibank | KRW | 3,122,000,000 | USD | 2,799,999 | $ | 2,807,787 | $ | 7,788 | |||||||||||||||||
Thai Baht/United States Dollar |
|
|||||||||||||||||||||||||
09/26/2018 |
UBS | THB | 65,000,000 | USD | 1,944,361 | 1,962,089 | 17,728 | |||||||||||||||||||
|
|
|
|
|||||||||||||||||||||||
$ | 10,218,332 | $ | 751 | |||||||||||||||||||||||
|
|
|
|
|||||||||||||||||||||||
Sale Contracts |
Counterparty |
Amount Purchased |
Amount Sold | Fair Value | Unrealized Appreciation |
|||||||||||||||||||||
United States Dollar/Australian Dollar |
| |||||||||||||||||||||||||
08/31/2018 |
Royal Bank of Canada | USD | 1,916,250 | AUD | 2,540,000 | $ | 1,887,341 | $ | 28,909 | |||||||||||||||||
United States Dollar/Brazilian Real |
| |||||||||||||||||||||||||
08/24/2018 |
Citibank | USD | 987,328 | BRL | 3,615,000 | 960,950 | 26,378 | |||||||||||||||||||
United States Dollar/British Pound |
| |||||||||||||||||||||||||
08/31/2018 |
Royal Bank of Canada | USD | 3,793,997 | GBP | 2,841,000 | 3,733,077 | 60,920 | |||||||||||||||||||
United States Dollar/Euro |
| |||||||||||||||||||||||||
08/14/2018 |
Citibank | USD | 98,542 | EUR | 83,500 | 97,724 | 818 | |||||||||||||||||||
08/14/2018 |
HSBC Bank | USD | 4,587,710 | EUR | 3,828,500 | 4,480,687 | 107,023 | |||||||||||||||||||
08/14/2018 |
JPMorgan Chase Bank | USD | 261,216 | EUR | 219,000 | 256,307 | 4,909 | |||||||||||||||||||
08/14/2018 |
UBS | USD | 949,998 | EUR | 802,500 | 939,206 | 10,792 | |||||||||||||||||||
United States Dollar/Malaysian Ringgit |
| |||||||||||||||||||||||||
08/06/2018 |
HSBC Bank | USD | 695,288 | MYR | 2,736,860 | 673,199 | 22,089 | |||||||||||||||||||
United States Dollar/New Taiwan Dollar |
| |||||||||||||||||||||||||
09/28/2018 |
UBS | USD | 300,000 | TWD | 8,890,500 | 291,968 | 8,032 | |||||||||||||||||||
United States Dollar/New Zealand Dollar |
| |||||||||||||||||||||||||
09/19/2018 |
Citibank | USD | 1,962,145 | NZD | 2,800,000 | 1,908,340 | 53,805 | |||||||||||||||||||
United States Dollar/Turkish Lira |
| |||||||||||||||||||||||||
10/11/2018 |
UBS | USD | 658,939 | TRY | 3,315,000 | 652,911 | 6,028 | |||||||||||||||||||
|
|
|
|
|||||||||||||||||||||||
$ | 15,881,710 | $ | 329,703 | |||||||||||||||||||||||
|
|
|
|
* | Certain contracts with different trade dates and like characteristics have been shown net. |
At July 31, 2018, the Fund held the following centrally cleared interest rate swaps:
Currency |
Notional Amount |
Expiration Date |
Counterparty |
Receive (Pay) Floating Rate |
Floating Rate Index |
Fixed Rate |
Premiums Paid (Received) |
Unrealized Appreciation |
||||||||||||||||||||
USD | 16,500,000 | 10/25/2027 | Citibank | Receive | 3-month LIBOR Index | 2.36 | % | $ | | $ | 796,830 | |||||||||||||||||
USD | 13,500,000 | 11/04/2024 | Citibank | Receive | 3-month LIBOR Index | 2.44 | % | | 419,393 | |||||||||||||||||||
|
|
|||||||||||||||||||||||||||
$ | 1,216,223 | |||||||||||||||||||||||||||
|
|
See Notes to Portfolio of Investments.
Aberdeen Global Income Fund, Inc.
Notes to Portfolio of Investments (unaudited)
July 31, 2018
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 Funds 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 transact at the measurement date.
In accordance with the authoritative guidance on fair value measurements and disclosures under 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, the highest level, 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, the lowest level, 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 entitys 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 instruments 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 Board. If there are no current day bids, the security is valued at the previously applied bid. Pricing services generally price debt securities assuming orderly transactions of an institutional round lot size and the strategies employed by the Funds investment adviser generally trade in round lot sizes. In certain circumstances, some trades may occur in smaller odd lot sizes at lower prices than institutional round lot trades. 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, which is not guaranteed, to maintain a $1.00 per share net asset value. 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 securitys market quotations are not readily available or are deemed unreliable, the security is valued at fair value as determined by the Funds 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 Funds 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;
Aberdeen Global Income Fund, Inc.
Notes to Portfolio of Investments (unaudited) (continued)
July 31, 2018
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 Funds own assumptions in determining the fair value of investments).
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 July 31, 2018 in valuing the Funds 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-Quoted Prices ($) |
Level 2-Other Significant Observable Inputs ($) |
Level 3-Significant Unobservable Inputs ($) |
Total ($) | |||||||||||||
Investments, at Value | ||||||||||||||||
Investments in Securities | ||||||||||||||||
Fixed Income Investments |
||||||||||||||||
Corporate Bonds |
$ | | $ | 49,760,164 | $ | | $ | 49,760,164 | ||||||||
Government Bonds |
| 48,456,670 | | 48,456,670 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Fixed Income Investments | | 98,216,834 | | 98,216,834 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Short-Term Investment | 1,938,791 | | | 1,938,791 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments | $ | 1,938,791 | $ | 98,216,834 | $ | | $ | 100,155,625 | ||||||||
|
|
|
|
|
|
|
|
|||||||||
Other Financial Instruments | ||||||||||||||||
Centrally Cleared Interest Rate Swap Agreements |
$ | | $ | 1,216,223 | $ | | $ | 1,216,223 | ||||||||
Forward Foreign Currency Exchange Contracts |
| 369,413 | | 369,413 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Other Financial Instruments | $ | | $ | 1,585,636 | $ | | $ | 1,585,636 | ||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Assets | $ | 1,938,791 | $ | 99,802,470 | $ | | $ | 101,741,261 | ||||||||
|
|
|
|
|
|
|
|
|||||||||
Liabilities | ||||||||||||||||
Other Financial Instruments | ||||||||||||||||
Forward Foreign Currency Exchange Contracts |
$ | | $ | (38,959 | ) | $ | | $ | (38,959 | ) | ||||||
|
|
|
|
|
|
|
|
|||||||||
Other Financial Instruments | ||||||||||||||||
Amounts listed as are $0 or round to $0. | ||||||||||||||||
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. For the fiscal period ended July 31, 2018, there have been no significant changes to the fair valuation methodologies other than described above.
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. 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.
Aberdeen Global Income Fund, Inc.
Item 2 | Controls and Procedures |
(a) | The Registrants principal executive and principal financial officers, or persons performing similar functions, have concluded that the Registrants 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 registrants 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 registrants last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrants 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: September 28, 2018 |
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: September 28, 2018 |
By: | /s/ Andrea Melia | |||
Andrea Melia, Principal Financial Officer of Aberdeen Global Income Fund, Inc. | ||||
Date: September 28, 2018 |