abrdn Global Income Fund Shareholders Approve Reorganization into abrdn Asia-Pacific Income Fund

abrdn Global Income Fund, Inc. (NYSE: FCO) announced that its shareholders approved a proposed reorganization at a special meeting held on April 13, 2026. Under the reorganization, FCO will merge into abrdn Asia-Pacific Income Fund, Inc.

(NYSE: FAX). The approval covers the necessary proposals for the transaction. As of the record date on December 12, 2025, FCO had 13,476,542 shares of common stock outstanding. 85% of these shares were voted, which met the quorum requirement.

This participation level ensured the validity of the shareholder decisions.

Background on the Funds abrdn Global Income Fund, Inc.

is a closed-end fund that invests in global income-generating securities. , which focuses on income opportunities in the Asia-Pacific region. Such reorganizations in closed-end funds often seek to streamline management, enhance investment strategies, or improve operational efficiency.

The proposals voted on by shareholders included the approval of the merger agreement and related terms. Details of the proposals were outlined in prior communications to shareholders. The funds are managed by abrdn Investments, a firm specializing in closed-end investment vehicles.

Implications for Investors Following the approval, the reorganization process will proceed as outlined in the merger agreement.

Shareholders of FCO will receive shares in FAX based on the exchange ratio specified in the proposals. This structure is designed to maintain the value of investments while transitioning to the new fund entity. The merger could affect the overall portfolio composition, potentially shifting exposure toward Asia-Pacific markets.

The transaction requires regulatory filings and is expected to close subject to customary conditions.

Next Steps and Regulatory Context abrdn Investments will file necessary documents with the U.S.

The funds' boards had previously recommended the proposals to shareholders. This event occurs amid ongoing developments in the closed-end fund sector, where consolidations help adapt to market changes.

Stakeholders, including individual and institutional investors, may need to review updated fund prospectuses post-merger. The reorganization does not alter the underlying investment objectives immediately but integrates the two funds' strategies. Further announcements will provide details on the closing timeline.