Portfolio of Investments (unaudited)
As of July 31, 2022
As of July 31, 2022
abrdn Global Income Fund, Inc.
Shares or Principal Amount | Value | ||
CORPORATE BONDS—83.3% | |||
AUSTRALIA—1.2% | |||
Australia & New Zealand Banking Group Ltd., (fixed rate to 06/15/2026, variable rate thereafter), 6.75%, 06/15/2026(a)(b) | $ | 200,000 | $204,000 |
Mineral Resources Ltd., 8.00%, 11/01/2027(a)(c) | 320,000 | 325,128 | |
Total Australia | 529,128 | ||
BAHRAIN—0.6% | |||
Oil & Gas Holding Co. BSCC, 7.63%, 11/07/2024(a) | 260,000 | 261,791 | |
BRAZIL—1.9% | |||
Banco do Brasil SA, (fixed rate to 04/15/2024, variable rate thereafter), 6.25%, 04/15/2024(a)(b) | 620,000 | 553,660 | |
BRF SA, 5.75%, 09/21/2050(a)(c) | 200,000 | 149,605 | |
Guara Norte Sarl, 5.20%, 06/15/2034(a)(d) | 187,230 | 153,528 | |
Total Brazil | 856,793 | ||
CANADA—1.1% | |||
GFL Environmental, Inc. | |||
5.13%, 12/15/2026(a)(c) | 119,000 | 119,775 | |
4.75%, 06/15/2029(a)(c) | 78,000 | 71,754 | |
NOVA Chemicals Corp., 4.25%, 05/15/2029(a)(c) | 103,000 | 89,480 | |
Rogers Communications, Inc., (fixed rate to 03/15/2027, variable rate thereafter), 5.25%, 03/15/2082(a)(c) | 124,000 | 113,630 | |
Titan Acquisition Ltd. / Titan Co-Borrower LLC, 7.75%, 04/15/2026(a)(c) | 125,000 | 111,875 | |
Total Canada | 506,514 | ||
CHILE—1.1% | |||
Corp. Nacional del Cobre de Chile, 3.75%, 01/15/2031(a)(c) | 330,000 | 310,811 | |
Empresa Nacional del Petroleo, 3.45%, 09/16/2031(a)(c) | 200,000 | 162,500 | |
Total Chile | 473,311 | ||
CHINA—1.5% | |||
China Evergrande Group, 8.75%, 08/29/2022(a)(c) | 200,000 | 17,100 | |
China Huadian Overseas Development 2018 Ltd., (fixed rate to 06/23/2025, variable rate thereafter), 3.38%, 06/23/2025(a)(b) | 200,000 | 192,780 | |
Huarong Finance II Co. Ltd., 5.00%, 11/19/2025(a) | 200,000 | 179,000 | |
Kaisa Group Holdings Ltd., 11.95%, 08/29/2022(a)(c)(e) | 200,000 | 20,500 | |
Logan Group Co. Ltd. | |||
7.50%, 08/25/2022(a)(c) | 200,000 | 25,889 | |
6.50%, 08/29/2022(a)(c) | 200,000 | 23,957 | |
Shandong Iron And Steel Xinheng International Co., Ltd., 6.50%, 11/05/2023(a) | 200,000 | 193,000 |
Shares or Principal Amount | Value | ||
Sunac China Holdings Ltd., 6.80%, 10/20/2023(a)(c) | $ | 200,000 | $22,031 |
Zhenro Properties Group Ltd., 6.63%, 01/07/2024(a)(c) | 200,000 | 13,000 | |
Total China | 687,257 | ||
COLOMBIA—1.1% | |||
Bancolombia SA, (Fixed rate to 12/18/2024,variable rate thereafter), 4.63%, 12/18/2029(c) | 200,000 | 171,000 | |
Ecopetrol SA, 5.38%, 06/26/2026(c) | 351,000 | 339,768 | |
Total Colombia | 510,768 | ||
DOMINICAN REPUBLIC—0.4% | |||
AES Andres BV, 5.70%, 05/04/2028(a)(c) | 202,000 | 170,365 | |
ECUADOR—0.4% | |||
International Airport Finance SA, 12.00%, 03/15/2033(a)(c)(d) | 197,647 | 186,000 | |
FRANCE—0.8% | |||
Altice France SA, 5.88%, 02/01/2027(a)(c) | EUR | 100,000 | 96,190 |
BNP Paribas SA, (Fixed rate to 02/25/2030,variable rate thereafter), 4.50%, 02/25/2030(a)(b) | $ | 200,000 | 162,489 |
Electricite de France SA, (fixed rate to 01/22/2026, variable rate thereafter), 5.00%, 01/22/2026(a)(b) | EUR | 100,000 | 97,095 |
Total France | 355,774 | ||
GEORGIA—0.5% | |||
Bank of Georgia JSC, 6.00%, 07/26/2023(a) | $ | 200,000 | 198,836 |
GERMANY—2.4% | |||
CT Investment GmbH, 5.50%, 04/15/2026(a)(c) | EUR | 100,000 | 86,670 |
Deutsche Bank AG, (fixed rate to 04/30/2026, variable rate thereafter), 7.13%, 04/30/2026(a)(b) | GBP | 100,000 | 111,112 |
Gruenenthal GmbH, 3.63%, 11/15/2026(a)(c) | EUR | 100,000 | 96,295 |
HT Troplast GmbH, 9.25%, 07/15/2025(a)(c) | 100,000 | 90,689 | |
Nidda Healthcare Holding GmbH, 3.50%, 09/30/2024(a)(c) | 152,000 | 144,099 | |
PrestigeBidCo GmbH, 3 mo. Euribor + 6.000%, 7.00%, 07/15/2027(a)(c)(f) | 109,000 | 100,430 | |
Schaeffler AG | |||
2.88%, 03/26/2027(a)(c) | 60,000 | 57,337 | |
3.38%, 10/12/2028(a)(c) | 100,000 | 90,324 | |
Techem Verwaltungsgesellschaft 675 mbH, 2.00%, 07/15/2025(a)(c) | 106,000 | 99,636 | |
TK Elevator Midco GmbH, 4.38%, 07/15/2027(a)(c) | 100,000 | 93,576 | |
ZF Europe Finance BV, 2.50%, 10/23/2027(a)(c) | 100,000 | 87,257 | |
Total Germany | 1,057,425 | ||
GHANA—0.7% | |||
Tullow Oil PLC, 7.00%, 03/01/2025(a)(c) | $ | 362,000 | 298,831 |
See accompanying Notes to Portfolio of Investments.
Portfolio of Investments (unaudited) (continued)
As of July 31, 2022
As of July 31, 2022
abrdn Global Income Fund, Inc.
Shares or Principal Amount | Value | ||
CORPORATE BONDS (continued) | |||
HONDURAS—0.4% | |||
Inversiones Atlantida SA, 7.50%, 05/19/2026(a)(c) | $ | 200,000 | $184,500 |
INDIA—4.6% | |||
Adani Green Energy UP Ltd. / Prayatna Developers Pvt Ltd. / Parampujya Solar Energy Pvt Ltd., 6.25%, 12/10/2024(a) | 420,000 | 409,500 | |
Azure Power Solar Energy Pvt Ltd., 5.65%, 12/24/2024(a)(c) | 200,000 | 194,400 | |
GMR Hyderabad International Airport Ltd., 5.38%, 04/10/2024(a) | 200,000 | 193,100 | |
HDFC Bank Ltd., 8.10%, 03/22/2025(a) | INR | 30,000,000 | 375,344 |
India Green Power Holdings, 4.00%, 02/22/2027(a)(c)(d) | $ | 200,000 | 160,000 |
Indiabulls Housing Finance Ltd. Series 6-B, 9.00%, 09/26/2026 | INR | 50,000,000 | 538,187 |
REC Ltd., 5.25%, 11/13/2023(a) | $ | 200,000 | 202,384 |
Total India | 2,072,915 | ||
INDONESIA—1.6% | |||
Medco Oak Tree Pte Ltd., 7.38%, 05/14/2026(a)(c) | 200,000 | 186,100 | |
Medco Platinum Road Pte Ltd., 6.75%, 01/30/2025(a)(c) | 200,000 | 189,100 | |
Perusahaan Perseroan Persero PT, Perusahaan Listrik Negara, 5.25%, 10/24/2042(a) | 400,000 | 360,892 | |
Total Indonesia | 736,092 | ||
ISRAEL—0.4% | |||
Energean Israel Finance Ltd., 4.88%, 03/30/2026(a)(c) | 192,000 | 175,968 | |
ITALY—0.4% | |||
Golden Goose SpA FRN, 3 mo. Euribor + 4.875%, 4.88%, 05/14/2027(a)(c)(f) | EUR | 100,000 | 88,701 |
Kedrion SpA, 3.38%, 05/15/2026(a)(c) | 100,000 | 91,533 | |
Total Italy | 180,234 | ||
JAPAN—0.4% | |||
SoftBank Group Corp., (fixed rate to 07/19/2023, variable rate thereafter), 6.00%, 07/19/2023(a)(b) | $ | 210,000 | 197,873 |
KAZAKHSTAN—1.9% | |||
KazMunayGas National Co. JSC | |||
3.50%, 04/14/2033(a)(c) | 200,000 | 151,460 | |
5.75%, 04/19/2047(a) | 870,000 | 689,475 | |
Total Kazakhstan | 840,935 | ||
KUWAIT—0.5% | |||
MEGlobal Canada ULC, 5.00%, 05/18/2025(a) | 200,000 | 202,586 | |
LUXEMBOURG—2.3% | |||
Albion Financing 1 SARL/Aggreko Holdings, Inc., 5.25%, 10/15/2026(a)(c) | EUR | 100,000 | 89,519 |
Altice Financing SA, 5.75%, 08/15/2029(a)(c) | $ | 204,000 | 178,086 |
Shares or Principal Amount | Value | ||
Altice France Holding SA | |||
8.00%, 05/15/2027(a)(c) | EUR | 100,000 | $ 88,918 |
10.50%, 05/15/2027(a)(c) | $ | 200,000 | 188,880 |
Cidron Aida Finco Sarl, 6.25%, 04/01/2028(a)(c) | GBP | 100,000 | 105,340 |
Cullinan Holdco Scsp, 4.63%, 10/15/2026(a)(c) | EUR | 100,000 | 84,840 |
LHMC Finco 2 Sarl, 7.25%, 10/02/2025(a)(c)(g) | 116,985 | 102,228 | |
Matterhorn Telecom SA, 3.13%, 09/15/2026(a)(c) | 200,000 | 187,410 | |
Total Luxembourg | 1,025,221 | ||
MEXICO—2.9% | |||
BBVA Bancomer SA, (fixed rate to 01/17/2028, variable rate thereafter), 5.13%, 01/18/2033(a)(c) | $ | 470,000 | 406,550 |
Petroleos Mexicanos | |||
7.19%, 09/12/2024(a) | MXN | 4,200,000 | 188,619 |
7.19%, 09/12/2024(a) | 3,378,800 | 151,740 | |
7.69%, 01/23/2050(c) | $ | 530,000 | 386,238 |
Sixsigma Networks Mexico SA de CV, 7.50%, 05/02/2025(a)(c) | 210,000 | 167,342 | |
Total Mexico | 1,300,489 | ||
MOROCCO—0.5% | |||
Vivo Energy Investments BV 144A, 5.13%, 09/24/2027(a)(c) | 255,000 | 240,465 | |
NETHERLANDS—1.4% | |||
Lincoln Financing SARL | |||
3.63%, 04/01/2024(a)(c) | EUR | 139,000 | 139,268 |
3 mo. Euribor + 3.875%, 3.88%, 04/01/2024(a)(c)(f) | 100,000 | 100,672 | |
Nobel Bidco BV, 3.13%, 06/15/2028(a)(c) | 100,000 | 76,654 | |
OCI NV, 3.63%, 10/15/2025(a)(c) | 90,000 | 91,250 | |
Stichting AK Rabobank Certificaten, 6.50%, 12/29/2049(a)(b)(h) | 60,000 | 65,737 | |
Summer BidCo BV PIK, 9.00%, 11/15/2025(a)(c)(g) | 104,875 | 86,907 | |
Ziggo Bond Co. BV, 3.38%, 02/28/2030(a)(c) | 100,000 | 79,326 | |
Total Netherlands | 639,814 | ||
NIGERIA—2.5% | |||
Access Bank PLC, 6.13%, 09/21/2026(a) | $ | 216,000 | 159,300 |
BOI Finance BV, 7.50%, 02/16/2027(a) | EUR | 196,000 | 156,888 |
IHS Netherlands Holdco BV, 8.00%, 09/18/2027(a)(c) | $ | 230,000 | 204,410 |
SEPLAT Energy PLC, 7.75%, 04/01/2026(a)(c) | 297,000 | 251,298 | |
United Bank for Africa PLC, 6.75%, 11/19/2026(a) | 380,000 | 330,600 | |
Total Nigeria | 1,102,496 | ||
OMAN—0.5% | |||
Oztel Holdings SPC Ltd. 144A, 6.63%, 04/24/2028(a) | 230,000 | 234,186 | |
PERU—0.3% | |||
Petroleos del Peru SA, 5.63%, 06/19/2047(a) | 200,000 | 140,750 |
See accompanying Notes to Portfolio of Investments.
Portfolio of Investments (unaudited) (continued)
As of July 31, 2022
As of July 31, 2022
abrdn Global Income Fund, Inc.
Shares or Principal Amount | Value | ||
CORPORATE BONDS (continued) | |||
PHILIPPINES—1.0% | |||
International Container Terminal Services, Inc., 4.75%, 06/17/2030(a) | $ | 260,000 | $237,692 |
Manila Water Co., Inc., 4.38%, 07/30/2025(a)(c) | 243,000 | 214,448 | |
Total Philippines | 452,140 | ||
RUSSIA—0.0% | |||
Home Credit & Finance Bank OOO Via Eurasia Capital SA, (fixed rate to 02/07/2025,variable rate thereafter), 8.80%, 02/07/2025(a)(b)(i) | 200,000 | – | |
Sovcombank Via SovCom Capital DAC, (Fixed rate to 05/06/2025,variable rate thereafter), 7.75%, 05/06/2025(a)(b)(i) | 250,000 | – | |
Total Russia | – | ||
SAUDI ARABIA—2.0% | |||
Saudi Arabian Oil Co., 2.88%, 04/16/2024(a) | 921,000 | 907,907 | |
SINGAPORE—1.3% | |||
DBS Group Holdings Ltd., (fixed rate to 12/11/2023, variable rate thereafter), 4.52%, 12/11/2028(a)(c) | 200,000 | 201,312 | |
Puma International Financing SA, 5.00%, 01/24/2026(a)(c) | 210,000 | 179,298 | |
Vena Energy Capital Pte Ltd., 3.13%, 02/26/2025(a) | 210,000 | 200,313 | |
Total Singapore | 580,923 | ||
SOUTH AFRICA—2.0% | |||
Eskom Holdings SOC Ltd., 7.13%, 02/11/2025(a) | 210,000 | 195,216 | |
Liquid Telecommunications Financing PLC, 5.50%, 09/04/2026(a)(c) | 446,000 | 386,521 | |
Sasol Financing USA LLC, 5.50%, 03/18/2031(c) | 400,000 | 326,200 | |
Total South Africa | 907,937 | ||
SPAIN—0.4% | |||
Banco Bilbao Vizcaya Argentaria SA, (fixed rate to 03/05/2025, variable rate thereafter), Series 9, 6.50%, 03/05/2025(b)(c) | 200,000 | 191,716 | |
SWEDEN—0.2% | |||
Verisure Holding AB, 3.88%, 07/15/2026(a)(c) | EUR | 100,000 | 94,324 |
SWITZERLAND—0.7% | |||
Consolidated Energy Finance SA, 5.63%, 10/15/2028(a)(c) | $ | 150,000 | 122,213 |
Credit Suisse Group AG, (Fixed rate to 12/18/2024,variable rate thereafter), 6.25%, 12/18/2024(a)(b) | 200,000 | 191,404 | |
Total Switzerland | 313,617 | ||
TANZANIA—0.4% | |||
HTA Group Ltd., 7.00%, 12/18/2025(a)(c) | 200,000 | 176,728 |
Shares or Principal Amount | Value | ||
TRINIDAD—0.7% | |||
Heritage Petroleum Co Ltd, 9.00%, 08/12/2029(a)(c) | $ | 291,000 | $300,312 |
UKRAINE—0.6% | |||
Kernel Holding SA, 6.75%, 10/27/2027(a)(c)(i) | 206,000 | 75,602 | |
MHP Lux SA, 6.95%, 04/03/2026(a)(i) | 218,000 | 91,952 | |
NPC Ukrenergo, 6.88%, 11/09/2026(a)(i) | 200,000 | 35,000 | |
Ukraine Railways Via Rail Capital Markets PLC, 8.25%, 07/09/2024(a)(i) | 200,000 | 44,000 | |
Total Ukraine | 246,554 | ||
UNITED ARAB EMIRATES—0.4% | |||
MAF Global Securities Ltd., (fixed rate to 03/20/2026, variable rate thereafter), 6.38%, 03/20/2026(a)(b) | 200,000 | 189,900 | |
UNITED KINGDOM—3.8% | |||
Arqiva Broadcast Finance PLC, 6.75%, 09/30/2023(a)(c) | GBP | 200,000 | 236,862 |
Bellis Acquisition Co. PLC, 4.50%, 02/16/2026(a)(c) | 124,000 | 125,336 | |
eG Global Finance PLC, 6.25%, 10/30/2025(a)(c) | EUR | 125,000 | 118,456 |
Ithaca Energy North Sea PLC, 9.00%, 07/15/2026(a)(c) | $ | 200,000 | 193,984 |
Jerrold Finco PLC, 4.88%, 01/15/2026(a)(c) | GBP | 100,000 | 104,643 |
Phoenix Group Holdings PLC, 6.63%, 12/18/2025(a) | 150,000 | 190,778 | |
Pinewood Finance Co. Ltd., 3.25%, 09/30/2025(a)(c) | 100,000 | 110,211 | |
Standard Chartered PLC, (fixed rate to 04/02/2023 variable rate thereafter), 7.75%, 04/02/2023(a)(b) | $ | 200,000 | 205,035 |
TalkTalk Telecom Group Ltd., 3.88%, 02/20/2025(a)(c) | GBP | 100,000 | 107,288 |
Very Group Funding PLC, 6.50%, 08/01/2026(a)(c) | 125,000 | 118,812 | |
Virgin Media Vendor Financing Notes III DAC, 4.88%, 07/15/2028(a)(c) | 200,000 | 211,897 | |
Total United Kingdom | 1,723,302 | ||
UNITED STATES—35.0% | |||
Academy Ltd., 6.00%, 11/15/2027(a)(c) | $ | 169,000 | 156,666 |
ACI Worldwide, Inc., 5.75%, 08/15/2026(a)(c) | 229,000 | 224,097 | |
Adams Homes, Inc., 7.50%, 02/15/2025(a)(c) | 163,000 | 142,625 | |
Advanced Drainage Systems, Inc., 6.38%, 06/15/2030(a)(c) | 59,000 | 59,452 | |
Affinity Gaming, 6.88%, 12/15/2027(a)(c) | 182,000 | 157,711 | |
ASP Unifrax Holdings, Inc. | |||
5.25%, 09/30/2028(a)(c) | 70,000 | 58,769 | |
7.50%, 09/30/2029(a)(c) | 23,000 | 18,170 | |
Avis Budget Car Rental LLC / Avis Budget Finance, Inc., 5.38%, 03/01/2029(a)(c) | 148,000 | 134,963 |
See accompanying Notes to Portfolio of Investments.
Portfolio of Investments (unaudited) (continued)
As of July 31, 2022
As of July 31, 2022
abrdn Global Income Fund, Inc.
Shares or Principal Amount | Value | ||
CORPORATE BONDS (continued) | |||
UNITED STATES (continued) | |||
Ball Corp. | |||
2.88%, 08/15/2030(c) | $ | 384,000 | $ 330,696 |
3.13%, 09/15/2031(c) | 34,000 | 29,793 | |
Bausch Health Americas, Inc., 8.50%, 01/31/2027(a)(c) | 115,000 | 72,634 | |
Bausch Health Cos., Inc. | |||
6.13%, 02/01/2027(a)(c) | 74,000 | 62,997 | |
4.88%, 06/01/2028(a)(c) | 62,000 | 49,368 | |
Berry Global, Inc., 4.50%, 02/15/2026(a)(c) | 139,000 | 133,788 | |
Boeing Co., 5.15%, 05/01/2030(c) | 116,000 | 117,094 | |
Carnival Corp. | |||
10.50%, 02/01/2026(a)(c) | 95,000 | 99,752 | |
6.00%, 05/01/2029(a)(c) | 130,000 | 100,079 | |
CCM Merger, Inc., 6.38%, 05/01/2026(a)(c) | 151,000 | 142,233 | |
CCO Holdings LLC / CCO Holdings Capital Corp. | |||
5.38%, 06/01/2029(a)(c) | 38,000 | 36,212 | |
4.25%, 02/01/2031(a)(c) | 99,000 | 85,883 | |
4.75%, 02/01/2032(a)(c) | 63,000 | 55,637 | |
4.25%, 01/15/2034(a)(c) | 486,000 | 401,453 | |
Cedar Fair LP, 5.25%, 07/15/2029(c) | 74,000 | 70,778 | |
Cedar Fair LP / Canada's Wonderland Co. / Magnum Management Corp. / Millennium Op, 6.50%, 10/01/2028(c) | 70,000 | 68,806 | |
Celanese US Holdings LLC | |||
6.17%, 07/15/2027(c) | 86,000 | 87,346 | |
6.38%, 07/15/2032(c) | 36,000 | 36,975 | |
Centene Corp. | |||
4.25%, 12/15/2027(c) | 23,000 | 22,598 | |
4.63%, 12/15/2029(c) | 39,000 | 38,464 | |
3.38%, 02/15/2030(c) | 148,000 | 134,497 | |
Cheniere Energy Partners LP, 4.50%, 10/01/2029(c) | 189,000 | 183,110 | |
Cheniere Energy, Inc., 4.63%, 10/15/2028(c) | 145,000 | 141,179 | |
Chesapeake Energy Corp., 6.75%, 04/15/2029(a)(c) | 151,000 | 156,413 | |
Cimpress PLC, 7.00%, 06/15/2026(a)(c) | 160,000 | 133,520 | |
Clean Harbors, Inc. | |||
4.88%, 07/15/2027(a)(c) | 192,000 | 190,627 | |
5.13%, 07/15/2029(a)(c) | 16,000 | 15,523 | |
Clydesdale Acquisition Holdings, Inc. | |||
6.63%, 04/15/2029(a)(c) | 17,000 | 17,165 | |
8.75%, 04/15/2030(a)(c) | 22,000 | 20,983 | |
Coinbase Global, Inc. | |||
3.38%, 10/01/2028(a)(c) | 104,000 | 66,904 | |
3.63%, 10/01/2031(a)(c) | 97,000 | 57,479 | |
Condor Merger Sub, Inc., 7.38%, 02/15/2030(a)(c) | 124,000 | 108,869 | |
Consensus Cloud Solutions, Inc. | |||
6.00%, 10/15/2026(a)(c) | 37,000 | 34,040 | |
6.50%, 10/15/2028(a)(c) | 104,000 | 92,506 | |
Cornerstone Building Brands, Inc., 6.13%, 01/15/2029(a)(c) | 87,000 | 58,290 |
Shares or Principal Amount | Value | ||
CSC Holdings LLC, 5.75%, 01/15/2030(a)(c) | $ | 200,000 | $161,506 |
Darling Ingredients, Inc., 6.00%, 06/15/2030(a)(c) | 104,000 | 107,560 | |
Energy Transfer LP, (fixed rate to 15/05/2025, variable rate thereafter), Series F, 6.75%, 05/15/2025(b) | 108,000 | 93,928 | |
Ford Motor Co. | |||
9.00%, 04/22/2025(c) | 163,000 | 180,573 | |
9.63%, 04/22/2030(c) | 243,000 | 290,385 | |
Frontier Communications Holdings LLC | |||
6.00%, 01/15/2030(a)(c) | 101,000 | 84,847 | |
8.75%, 05/15/2030(a)(c) | 83,000 | 88,137 | |
GCI LLC, 4.75%, 10/15/2028(a)(c) | 83,000 | 75,646 | |
General Motors Financial Co., Inc. | |||
5.00%, 04/09/2027(c) | 89,000 | 89,160 | |
(Fixed rate to 09/30/2027,variable rate thereafter), Series A, 5.75%, 09/30/2027(b) | 94,000 | 84,234 | |
GLP Capital LP / GLP Financing II, Inc., 5.38%, 11/01/2023(c) | 90,000 | 89,805 | |
Goodyear Tire & Rubber Co. (The) | |||
9.50%, 05/31/2025(c) | 230,000 | 242,331 | |
5.00%, 07/15/2029(c) | 223,000 | 203,376 | |
5.25%, 07/15/2031(c) | 21,000 | 18,261 | |
GoTo Group, Inc., 5.50%, 09/01/2027(a)(c) | 134,000 | 97,791 | |
Graphic Packaging International LLC, 3.75%, 02/01/2030(a)(c) | 463,000 | 416,856 | |
HCA, Inc. | |||
5.88%, 02/15/2026(c) | 114,000 | 117,772 | |
5.63%, 09/01/2028(c) | 214,000 | 221,813 | |
Hess Midstream Operations LP | |||
5.63%, 02/15/2026(a)(c) | 57,000 | 56,786 | |
4.25%, 02/15/2030(a)(c) | 191,000 | 170,147 | |
5.50%, 10/15/2030(a)(c) | 20,000 | 18,628 | |
Hilcorp Energy I LP / Hilcorp Finance Co., 5.75%, 02/01/2029(a)(c) | 150,000 | 136,875 | |
Howmet Aerospace, Inc. | |||
6.88%, 05/01/2025(c) | 7,000 | 7,368 | |
3.00%, 01/15/2029(c) | 296,000 | 265,571 | |
5.95%, 02/01/2037 | 76,000 | 75,411 | |
Hyundai Capital America, 6.38%, 01/08/2030(a)(c) | 200,000 | 216,655 | |
International Game Technology PLC, 3.50%, 06/15/2026(a)(c) | EUR | 179,000 | 174,257 |
IQVIA, Inc., 1.75%, 03/15/2026(a)(c) | 125,000 | 120,345 | |
Iron Mountain, Inc. | |||
5.25%, 03/15/2028(a)(c) | $ | 140,000 | 133,700 |
5.00%, 07/15/2028(a)(c) | 23,000 | 21,874 | |
4.88%, 09/15/2029(a)(c) | 60,000 | 55,066 | |
5.25%, 07/15/2030(a)(c) | 65,000 | 60,809 | |
ITT Holdings LLC, 6.50%, 08/01/2029(a)(c) | 179,000 | 153,825 | |
JPMorgan Chase & Co. Series CC, (Fixed rate to 11/01/2022,variable rate thereafter), 4.63%, 11/01/2022(b) | 180,000 | 166,006 |
See accompanying Notes to Portfolio of Investments.
Portfolio of Investments (unaudited) (continued)
As of July 31, 2022
As of July 31, 2022
abrdn Global Income Fund, Inc.
Shares or Principal Amount | Value | ||
CORPORATE BONDS (continued) | |||
UNITED STATES (continued) | |||
JPMorgan Chase Bank NA | |||
11.67%, 11/27/2023(a)(i) | UAH | 9,500,000 | $ 137,631 |
11.67%, 11/27/2023(a)(i) | 541,000 | 7,838 | |
Kinetik Holdings LP, 5.88%, 06/15/2030(a)(c) | $ | 105,000 | 106,658 |
Lennar Corp., 4.88%, 12/15/2023(c) | 280,000 | 282,614 | |
Macy's Retail Holdings LLC | |||
5.88%, 04/01/2029(a)(c) | 139,000 | 122,082 | |
5.88%, 03/15/2030(a)(c) | 3,000 | 2,572 | |
6.13%, 03/15/2032(a)(c) | 9,000 | 7,567 | |
MajorDrive Holdings IV LLC, 6.38%, 06/01/2029(a)(c) | 102,000 | 76,899 | |
Marriott Ownership Resorts, Inc., 4.50%, 06/15/2029(a)(c) | 13,000 | 11,285 | |
Mauser Packaging Solutions Holding Co., 7.25%, 04/15/2025(a)(c) | 48,000 | 44,017 | |
Medline Borrower LP, 3.88%, 04/01/2029(a)(c) | 181,000 | 163,579 | |
MGM Resorts International, 5.75%, 06/15/2025(c) | 113,000 | 111,655 | |
Michaels Cos., Inc., 5.25%, 05/01/2028(a)(c) | 96,000 | 79,920 | |
Midcontinent Communications / Midcontinent Finance Corp., 5.38%, 08/15/2027(a)(c) | 77,000 | 72,765 | |
Millennium Escrow Corp., 6.63%, 08/01/2026(a)(c) | 73,000 | 57,275 | |
Minerva Merger Sub, Inc., 6.50%, 02/15/2030(a)(c) | 120,000 | 108,600 | |
MIWD Holdco II LLC / MIWD Finance Corp., 5.50%, 02/01/2030(a)(c) | 148,000 | 125,247 | |
NCL Corp. Ltd. | |||
5.88%, 02/15/2027(a)(c) | 65,000 | 59,735 | |
7.75%, 02/15/2029(a)(c) | 69,000 | 55,310 | |
NCL Finance Ltd., 6.13%, 03/15/2028(a)(c) | 21,000 | 16,234 | |
Netflix, Inc., | |||
5.88%, 11/15/2028 | 95,000 | 98,553 | |
6.38%, 05/15/2029 | 63,000 | 66,890 | |
4.88%, 06/15/2030(a)(c) | 27,000 | 26,635 | |
New Enterprise Stone & Lime Co., Inc., 5.25%, 07/15/2028(a)(c) | 87,000 | 75,908 | |
Newell Brands, Inc., 4.10%, 04/01/2023(c) | 109,000 | 108,684 | |
Nielsen Finance LLC / Nielsen Finance Co., 5.63%, 10/01/2028(a)(c) | 71,000 | 69,580 | |
Novelis Corp. | |||
3.25%, 11/15/2026(a)(c) | 66,000 | 61,417 | |
4.75%, 01/30/2030(a)(c) | 54,000 | 49,952 | |
3.88%, 08/15/2031(a)(c) | 28,000 | 23,940 | |
NRG Energy, Inc. | |||
3.38%, 02/15/2029(a)(c) | 15,000 | 12,938 | |
5.25%, 06/15/2029(a)(c) | 134,000 | 125,625 | |
3.63%, 02/15/2031(a)(c) | 38,000 | 31,829 | |
3.88%, 02/15/2032(a)(c) | 68,000 | 58,122 |
Shares or Principal Amount | Value | ||
Occidental Petroleum Corp. | |||
5.50%, 12/01/2025(c) | $ | 26,000 | $ 26,589 |
5.55%, 03/15/2026(c) | 22,000 | 22,605 | |
6.38%, 09/01/2028(c) | 115,000 | 123,239 | |
6.63%, 09/01/2030(c) | 46,000 | 51,032 | |
Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co-Issuer | |||
7.50%, 06/01/2025(a)(c) | 29,000 | 29,729 | |
4.88%, 05/15/2029(a)(c) | 82,000 | 75,509 | |
Perrigo Finance Unlimited Co., 4.40%, 06/15/2030(c) | 200,000 | 183,702 | |
Photo Holdings Merger Sub, Inc., 8.50%, 10/01/2026(a)(c) | 167,000 | 122,762 | |
Post Holdings, Inc., 5.63%, 01/15/2028(a)(c) | 175,000 | 172,375 | |
Qwest Capital Funding, Inc. | |||
6.88%, 07/15/2028 | 125,000 | 109,375 | |
7.75%, 02/15/2031 | 125,000 | 109,500 | |
Rattler Midstream LP, 5.63%, 07/15/2025(a)(c) | 97,000 | 98,940 | |
Royal Caribbean Cruises Ltd. | |||
11.50%, 06/01/2025(a)(c) | 33,000 | 35,349 | |
3.70%, 03/15/2028(c) | 136,000 | 94,154 | |
Sabre GLBL, Inc., 7.38%, 09/01/2025(a)(c) | 94,000 | 93,210 | |
Sagicor Financial Co. Ltd., 5.30%, 05/13/2028(a)(c) | 210,000 | 196,350 | |
Sealed Air Corp. | |||
5.00%, 04/15/2029(a)(c) | 72,000 | 71,280 | |
6.88%, 07/15/2033(a) | 76,000 | 81,320 | |
Sirius XM Radio, Inc., 5.50%, 07/01/2029(a)(c) | 228,000 | 224,010 | |
Six Flags Theme Parks, Inc., 7.00%, 07/01/2025(a)(c) | 105,000 | 107,983 | |
Southwestern Energy Co., 4.75%, 02/01/2032(c) | 170,000 | 158,525 | |
Spirit AeroSystems, Inc., 4.60%, 06/15/2028(c) | 34,000 | 28,415 | |
Staples, Inc., 7.50%, 04/15/2026(a)(c) | 145,000 | 128,325 | |
Starwood Property Trust, Inc., 3.63%, 07/15/2026(a)(c) | 128,000 | 115,520 | |
SunCoke Energy, Inc., 4.88%, 06/30/2029(a)(c) | 191,000 | 162,056 | |
Tempur Sealy International, Inc., 3.88%, 10/15/2031(a)(c) | 123,000 | 99,656 | |
Tenet Healthcare Corp. | |||
4.63%, 07/15/2024(c) | 127,000 | 126,902 | |
6.13%, 06/15/2030(a)(c) | 66,000 | 66,668 | |
T-Mobile USA, Inc., 3.50%, 04/15/2031(c) | 251,000 | 232,100 | |
Travel & Leisure Co. | |||
5.65%, 04/01/2024(c) | 115,000 | 115,251 | |
4.63%, 03/01/2030(a)(c) | 25,000 | 20,480 | |
Turning Point Brands, Inc., 5.63%, 02/15/2026(a)(c) | 108,000 | 95,804 |
See accompanying Notes to Portfolio of Investments.
Portfolio of Investments (unaudited) (continued)
As of July 31, 2022
As of July 31, 2022
abrdn Global Income Fund, Inc.
Shares or Principal Amount | Value | ||
CORPORATE BONDS (continued) | |||
UNITED STATES (continued) | |||
Univision Communications, Inc. | |||
6.63%, 06/01/2027(a)(c) | $ | 97,000 | $ 97,243 |
7.38%, 06/30/2030(a)(c) | 22,000 | 22,277 | |
USA Compression Partners LP / USA Compression Finance Corp., 6.88%, 09/01/2027(c) | 119,000 | 108,799 | |
Venture Global Calcasieu Pass LLC | |||
3.88%, 08/15/2029(a)(c) | 46,000 | 42,445 | |
4.13%, 08/15/2031(a)(c) | 145,000 | 133,674 | |
3.88%, 11/01/2033(a)(c) | 98,000 | 85,078 | |
Viking Cruises Ltd., 13.00%, 05/15/2025(a)(c) | 65,000 | 68,835 | |
Virtusa Corp., 7.13%, 12/15/2028(a)(c) | 98,000 | 78,307 | |
Vistra Operations Co. LLC, 4.38%, 05/01/2029(a)(c) | 55,000 | 51,132 | |
VM Consolidated, Inc., 5.50%, 04/15/2029(a)(c) | 123,000 | 107,826 | |
Wolverine World Wide, Inc., 4.00%, 08/15/2029(a)(c) | 157,000 | 136,786 | |
Total United States | 15,674,121 | ||
ZAMBIA—0.5% | |||
First Quantum Minerals Ltd., 7.50%, 04/01/2025(a)(c) | 230,000 | 229,004 | |
Total Corporate Bonds | 37,355,802 | ||
GOVERNMENT BONDS—42.2% | |||
ANGOLA—1.1% | |||
Republic of Angola Government Bond,, 9.13%, 11/26/2049(a) | 676,000 | 515,450 | |
ARGENTINA—1.3% | |||
Argentine Republic Government International Bond | |||
1.00%, 07/09/2029(c)(d) | 71,292 | 16,635 | |
0.50%, 07/09/2030(c)(d)(h) | 367,052 | 86,371 | |
1.50%, 07/09/2035(c)(d)(h) | 754,875 | 166,968 | |
3.88%, 01/09/2038(c)(d)(h) | 144,600 | 40,569 | |
1.50%, 07/09/2046(c)(d)(h) | 1,293,010 | 290,385 | |
Total Argentina | 600,928 | ||
AUSTRALIA—4.3% | |||
Australia Government Bond, 2.75%, 11/21/2029(a) | AUD | 1,700,000 | 1,171,231 |
Queensland Treasury Corp., 3.50%, 08/21/2030(a) | 1,100,000 | 773,034 | |
Total Australia | 1,944,265 | ||
BAHRAIN—1.6% | |||
Bahrain Government International Bond, | |||
4.25%, 01/25/2028(a) | $ | 390,000 | 352,583 |
5.45%, 09/16/2032(a) | 229,000 | 193,997 | |
6.25%, 01/25/2051(a) | 210,000 | 155,851 | |
Total Bahrain | 702,431 | ||
BELARUS—0.1% | |||
Republic of Belarus Ministry of Finance, 5.88%, 02/24/2026(a)(i) | 200,000 | 24,000 |
Shares or Principal Amount | Value | ||
BRAZIL—4.5% | |||
Brazil Notas do Tesouro Nacional | |||
10.00%, 01/01/2027 | BRL | 2,076,000 | $ 365,789 |
10.00%, 01/01/2029 | 7,434,000 | 1,265,743 | |
Brazilian Government International Bond, 7.13%, 01/20/2037 | $ | 370,000 | 394,405 |
Total Brazil | 2,025,937 | ||
COLOMBIA—1.5% | |||
Colombia Government International Bond | |||
9.85%, 06/28/2027 | COP | 2,385,000,000 | 507,943 |
5.20%, 05/15/2049(c) | $ | 200,000 | 147,407 |
Total Colombia | 655,350 | ||
DOMINICAN REPUBLIC—2.5% | |||
Dominican Republic International Bond | |||
5.50%, 02/22/2029(a)(c) | 200,000 | 185,298 | |
5.88%, 01/30/2060(a) | 1,230,000 | 931,637 | |
Total Dominican Republic | 1,116,935 | ||
ECUADOR—0.7% | |||
Ecuador Government International Bond | |||
0.00%, 07/31/2030(a)(d)(j) | 81,542 | 34,355 | |
5.50%, 07/31/2030(a)(d)(h) | 279,300 | 167,402 | |
VRN, 1.50%, 07/31/2040(a)(d)(h) | 261,500 | 107,602 | |
Total Ecuador | 309,359 | ||
EGYPT—1.4% | |||
Egypt Government International Bond | |||
7.60%, 03/01/2029(a) | 405,000 | 280,433 | |
7.63%, 05/29/2032(a) | 200,000 | 125,591 | |
7.90%, 02/21/2048(a) | 426,000 | 238,731 | |
Total Egypt | 644,755 | ||
GEORGIA—0.6% | |||
Georgia Government International Bond, 2.75%, 04/22/2026(a) | 306,000 | 260,538 | |
GHANA—0.4% | |||
Ghana Government International Bond, 7.63%, 05/16/2029(a)(d) | 385,000 | 179,988 | |
INDONESIA—7.8% | |||
Indonesia Government International Bond | |||
3.50%, 01/11/2028 | 650,000 | 637,174 | |
7.75%, 01/17/2038(a) | 100,000 | 123,096 | |
3.70%, 10/30/2049 | 1,180,000 | 992,128 | |
Indonesia Treasury Bond | |||
Series FR63, 5.63%, 05/15/2023 | IDR | 2,600,000,000 | 177,009 |
Series FR77, 8.13%, 05/15/2024 | 14,800,000,000 | 1,044,207 | |
6.50%, 06/15/2025 | 780,000,000 | 53,192 | |
Series FR82, 7.00%, 09/15/2030 | 341,000,000 | 22,829 | |
7.50%, 04/15/2040 | 6,535,000,000 | 446,094 | |
Total Indonesia | 3,495,729 |
See accompanying Notes to Portfolio of Investments.
Portfolio of Investments (unaudited) (continued)
As of July 31, 2022
As of July 31, 2022
abrdn Global Income Fund, Inc.
Shares or Principal Amount | Value | ||
GOVERNMENT BONDS (continued) | |||
IRAQ—1.5% | |||
Iraq International Bond | |||
5.80%, 09/12/2022(a)(c)(d) | $ | 171,875 | $ 148,028 |
5.80%, 09/12/2022(a)(c)(d) | 171,875 | 148,027 | |
6.75%, 03/09/2023(a) | 400,000 | 388,000 | |
Total Iraq | 684,055 | ||
MALAYSIA—1.9% | |||
Malaysia Government Bond | |||
Series 0411, 4.23%, 06/30/2031 | MYR | 1,100,000 | 252,132 |
3.83%, 07/05/2034 | 800,000 | 174,021 | |
3.76%, 05/22/2040 | 1,000,000 | 206,193 | |
4.07%, 06/15/2050 | 1,100,000 | 227,227 | |
Total Malaysia | 859,573 | ||
MEXICO—0.7% | |||
Mexican Bonos, 7.75%, 11/13/2042 | MXN | 7,000,000 | 308,930 |
NIGERIA—0.6% | |||
Nigeria Government International Bond | |||
7.14%, 02/23/2030(a) | $ | 200,000 | 143,984 |
7.63%, 11/28/2047(a) | 200,000 | 124,772 | |
Total Nigeria | 268,756 | ||
OMAN—1.5% | |||
Oman Government International Bond, 7.00%, 01/25/2051(a) | 770,000 | 694,023 | |
PERU—0.7% | |||
Peruvian Government International Bond, 6.90%, 08/12/2037(a) | PEN | 1,350,000 | 301,259 |
QATAR—1.3% | |||
Qatar Government International Bond, 4.40%, 04/16/2050(a) | $ | 576,000 | 587,144 |
RUSSIA—0.0% | |||
Russian Federal Bond - OFZ | |||
Series 6212, 7.05%, 01/19/2028(i) | RUB | 57,000,000 | – |
Series 6221, 7.70%, 03/23/2033(i) | 26,000,000 | – | |
Russian Foreign Bond - Eurobond, 4.75%, 05/27/2026(a)(i) | $ | 800,000 | – |
Total Russia | – | ||
RWANDA—0.7% | |||
Rwanda International Government Bond, 5.50%, 08/09/2031(a) | 400,000 | 292,700 | |
SAUDI ARABIA—1.0% | |||
Saudi Government International Bond, 4.38%, 04/16/2029(a) | 410,000 | 429,074 | |
SOUTH AFRICA—2.6% | |||
Republic of South Africa Government Bond 2040, 9.00%, 01/31/2040 | ZAR | 23,220,400 | 1,152,497 |
URUGUAY—1.5% | |||
Uruguay Government International Bond | |||
4.38%, 12/15/2028(d) | UYU | 10,884,991 | 283,066 |
7.88%, 01/15/2033 | $ | 165,000 | 215,651 |
7.63%, 03/21/2036(d) | 146,000 | 191,817 | |
Total Uruguay | 690,534 |
Shares or Principal Amount | Value | ||
UZBEKISTAN—0.4% | |||
Republic of Uzbekistan International Bond, 3.70%, 11/25/2030(a) | $ | 252,000 | $ 186,258 |
Total Government Bonds | 18,930,468 | ||
WARRANTS—0.0% | |||
BRAZIL—0.0% | |||
OAS S.A.(i)(k)(l) | 61,465 | – | |
UNITED STATES—0.0% | |||
Delco, Series A(i)(k)(l) | 73,666 | – | |
Total Warrants | – | ||
SHORT-TERM INVESTMENTS—11.2% | |||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.88%(m) | 5,011,014 | 5,011,014 | |
Total Short-Term Investments | 5,011,014 | ||
Total Investments (Cost $74,618,429)—136.7% | 61,297,284 | ||
Liabilities in Excess of Other Assets—(36.7%) | (16,442,803) | ||
Net Assets—100.0% | $44,854,481 |
(a) | Denotes a security issued under Regulation S or Rule 144A. |
(b) | 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. |
(c) | The maturity date presented for these instruments represents the next call/put date. |
(d) | Sinkable security. |
(e) | Security is in default. |
(f) | Variable or Floating Rate security. Rate disclosed is as of July 31, 2022. |
(g) | Payment-in-kind security for which part of the income earned may be paid as additional principal. |
(h) | Step bond. Rate disclosed is as of July 31, 2022. |
(i) | Illiquid security. |
(j) | Zero coupon bond. |
(k) | Level 3 security. See Note 1(a) of the accompanying Notes to Portfolio of Investments. |
(l) | Non-income producing security. |
(m) | Registered investment company advised by State Street Global Advisors. The rate shown is the 7 day yield as of July 31, 2022. |
AUD | Australian Dollar |
BRL | Brazilian Real |
CNY | Chinese Yuan Renminbi |
COP | Colombian Peso |
EUR | Euro Currency |
FRN | Floating Rate Note |
GBP | British Pound Sterling |
IDR | Indonesian Rupiah |
INR | Indian Rupee |
KRW | South Korean Won |
MXN | Mexican Peso |
MYR | Malaysian Ringgit |
PEN | Peruvian Sol |
PHP | Philippine Peso |
See accompanying Notes to Portfolio of Investments.
Portfolio of Investments (unaudited) (continued)
As of July 31, 2022
As of July 31, 2022
abrdn Global Income Fund, Inc.
PIK | Payment-In-Kind |
PLC | Public Limited Company |
RUB | Russian Ruble |
SGD | Singapore Dollar |
THB | Thai Baht |
UAH | Ukraine Hryvna |
USD | U.S. Dollar |
UYU | Uruguayan Peso |
VRN | Variable Rate Note |
ZAR | South African Rand |
At July 31, 2022, the Fund held the following forward foreign currency contracts: | ||||||||
Purchase Contracts Settlement Date* | Counterparty | Amount Purchased | Amount Sold | Fair Value | Unrealized Appreciation/ (Depreciation) | |||
Australian Dollar/United States Dollar | ||||||||
09/14/2022 | UBS AG | AUD | 6,045,931 | USD | 4,184,607 | $4,227,052 | $42,445 | |
Chinese Renminbi/United States Dollar | ||||||||
08/31/2022 | UBS AG | CNY | 17,905,483 | USD | 2,674,609 | 2,658,980 | (15,629) | |
Euro/United States Dollar | ||||||||
08/25/2022 | Morgan Stanley & Co. | EUR | 252,000 | USD | 256,152 | 257,956 | 1,804 | |
Indonesian Rupiah/United States Dollar | ||||||||
08/04/2022 | UBS AG | IDR | 2,964,000,000 | USD | 199,075 | 199,899 | 824 | |
Philippine Peso/United States Dollar | ||||||||
08/05/2022 | Royal Bank of Canada | PHP | 72,595,500 | USD | 1,364,405 | 1,314,741 | (49,664) | |
09/29/2022 | UBS AG | PHP | 72,595,500 | USD | 1,308,765 | 1,307,860 | (905) | |
Singapore Dollar/United States Dollar | ||||||||
09/13/2022 | Royal Bank of Canada | SGD | 4,250,000 | USD | 3,060,022 | 3,076,877 | 16,855 | |
South Korean Won/United States Dollar | ||||||||
08/17/2022 | Royal Bank of Canada | KRW | 3,896,568,000 | USD | 3,040,405 | 2,990,864 | (49,541) | |
Thai Baht/United States Dollar | ||||||||
08/29/2022 | UBS AG | THB | 64,050,000 | USD | 1,859,783 | 1,743,450 | (116,333) | |
$17,777,679 | $(170,144) | |||||||
Sale Contracts Settlement Date* | Counterparty | Amount Purchased | Amount Sold | Fair Value | Unrealized Appreciation/ (Depreciation) | |||
United States Dollar/Brazilian Real | ||||||||
08/23/2022 | Deutsche Bank AG | USD | 1,675,788 | BRL | 8,939,000 | $1,716,813 | $(41,025) | |
United States Dollar/British Pound | ||||||||
08/25/2022 | Morgan Stanley & Co. | USD | 1,405,807 | GBP | 1,173,000 | 1,429,200 | (23,393) | |
United States Dollar/Euro | ||||||||
08/25/2022 | Morgan Stanley & Co. | USD | 122,507 | EUR | 120,000 | 122,836 | (329) | |
08/25/2022 | Royal Bank of Canada | USD | 3,160,715 | EUR | 3,090,000 | 3,163,030 | (2,315) | |
10/18/2022 | Deutsche Bank AG | USD | 141,406 | EUR | 138,000 | 141,804 | (398) | |
United States Dollar/Indonesian Rupiah | ||||||||
08/04/2022 | Royal Bank of Canada | USD | 201,099 | IDR | 2,964,000,000 | 199,899 | 1,200 | |
10/28/2022 | UBS AG | USD | 198,156 | IDR | 2,964,000,000 | 199,267 | (1,111) | |
United States Dollar/MXN | ||||||||
10/18/2022 | JPMorgan Chase Bank N.A. | USD | 638,478 | MXN | 13,381,000 | 647,189 | (8,711) | |
United States Dollar/Philippine Peso | ||||||||
08/05/2022 | UBS AG | USD | 1,313,382 | PHP | 72,595,500 | 1,314,741 | (1,359) | |
United States Dollar/South African Rand | ||||||||
10/18/2022 | Morgan Stanley & Co. | USD | 34,310 | ZAR | 581,000 | 34,672 | (362) | |
$8,969,451 | $(77,803) | |||||||
Unrealized appreciation on forward foreign currency exchange contracts | $63,128 | |||||||
Unrealized depreciation on forward foreign currency exchange contracts | $(311,075) |
See accompanying Notes to Portfolio of Investments.
Portfolio of Investments (unaudited) (concluded)
As of July 31, 2022
As of July 31, 2022
abrdn Global Income Fund, Inc.
* | Certain contracts with different trade dates and like characteristics have been shown net. |
See accompanying Notes to Portfolio of Investments.
Notes to Portfolio of Investments
July 31, 2022 (unaudited)
July 31, 2022 (unaudited)
1. 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 transact at the measurement date.
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 Fund’s investment adviser generally trade in round lot sizes. In certain circumstances, some trades may occur in smaller “odd lot” sizes which may be effected at lower, or higher, 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.
In the event that a security’s market quotations are not readily available or are deemed unreliable (for reasons other than because the foreign exchange on which it trades closes before the Valuation Time), 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. Under normal circumstances the Valuation Time is as of the close of regular trading on the New York Stock Exchange (usually 4:00 p.m. Eastern Time). 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.
10 |