Company: FCO
Filing Date: 2025-07-29
Form Type: 40-17G
Source: 0001104659-25-071708
Chunk: 8

Company: ABRDN GLOBAL INCOME FUND, INC.
Filing Date: 2025-07-29
Form: 40-17G
Chunk 8
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 which are named insureds on a certain fidelity bond underwritten by Federal Insurance Company (the “Insurer”) covering certain acts relating to the Funds (the “Joint Fidelity Bond”). WHEREAS: each of the Funds is either a management investment company registered under the Investment Company Act of 1940, as amended (the “Act”); and WHEREAS, Rule 17d-1(d)(7) under the Act permits arrangements regarding liability insurance policies among U.S. registered investment companies and their affiliates provided certain conditions are met; and WHEREAS: Rule 17g-1(f) under the 1940 Act requires that a registered management investment company named as an insured on a joint fidelity bond enter into a certain agreement with the other named insureds; and WHEREAS: the Board members on behalf the Funds (including a majority of the Board members who are not “interested persons” of the relevant Fund, as defined by Section 2(a)(19) of the Act (the “Independent Board Members”)) have given due consideration to the amount and ratable allocation of premiums for the Joint Fidelity Bond and (i) have approved each particular Fund’s participation in such Joint Fidelity Bond as being in the best interests of that Fund, and (ii) have determined that the allocation of the premium for the joint insurance policy to be allocated to each particular Fund is fair and reasonable to that Fund; NOW, THEREFORE, it is agreed as follows:

| 1. | The total amount of coverage under the Joint Fidelity Bond shall at all times be at least equal to the sum of the amount of coverage 
 that each Fund would have been required to provide and maintain individually pursuant to the schedule set forth in paragraph (d) of  
 Rule 17g-1 had the Fund not been a named insured under the Joint Fidelity Bond. The amount of fidelity coverage under the Joint      
 Fidelity Bond shall be approved at least annually by the Board of each Fund, including a majority of the Independent Board Members.  |

| 2. | In the event any recovery is received under the Joint Fidelity Bond as a result of a loss sustained by any of the Funds, then each      
 Fund sustaining such loss shall receive an equitable and proportionate share of the recovery, said proportion to be established by the  
 ratio that the claim bears to the total amount claimed by all participants, but at least equal to the amount which each such Fund would 
 have received had it provided and maintained a single insured bond with the minimum coverage required by