FCO - FCO To BWG: More To Go
2024-03-17 09:36:01 ET
Summary
- We last covered FCO around 9 months ago; at that time, it appeared BWG was the better bet in this space.
- That has played out to some degree, with BWG showing better total share price returns during that period.
- However, this largely came from BWG's discount narrowing as FCO's premium has actually stayed fairly elevated.
Written by Nick Ackerman, co-produced by Stanford Chemist.
We last covered abrdn Global Income Fund ( FCO ) in July of last year ; in that piece, we highlighted the potential opportunity for a swap into the Brandywine GLOBAL - Global Income Opportunities Fund ( BWG ). The overall premise was easy. The extended premium of FCO made BWG's valuation at a deep discount look much more appealing....
FCO To BWG: More To Go