Amendment to Annual Report by Investment Company (Form N-CSR/A)

Dear Shareholder,

We present this Annual Report, which covers the activities of Aberdeen Global Income Fund, Inc. (the "Fund"), for the fiscal year ended October 31, 2021. The Fund's principal investment objective is to provide high current income by investing primarily in fixed income securities. As a secondary investment objective, the Fund seeks capital appreciation, but only when consistent with its principal investment objective.

Total Investment Return¹

For the fiscal year ended October 31, 2021, the total return to shareholders of the Fund based on the net asset value ("NAV") and market price of the Fund, respectively, are as follows:

For more information about Fund performance, please see the Report of the Investment Manager (page 4) and Total Investment Returns (page 9).

NAV, Market Price, and Premium/Discount

The below table represents comparison from current fiscal year end to prior fiscal year end of market price to NAV and associated premium(+)/discount(-).

During the fiscal year ended October 31, 2021, the Fund's NAV traded within a range of $6.28 to $7.10 and the Fund's market price was within a range of $6.92 to $9.71. During the fiscal year ended October 31, 2021, the Fund's shares traded within a range of a premium(+)/discount(-) of +4.8% to +49.2%.

Managed Distribution Policy

Distributions to common shareholders for the twelve month period ended October 31, 2021 totaled $0.84 per share. Based on the market price of $8.35 on October 31, 2021, the distribution rate over the twelve-month period ended October 31, 2021 was 10.1%. Based on

the NAV of $6.28 on October 31, 2021, the distribution rate over the twelve-month period ended October 31, 2021 was 13.4%. Since all distributions are paid after deducting applicable withholding taxes, the effective distribution rate may be higher for those U.S. investors who are able to claim a tax credit.

On November 9, 2021 and December 9, 2021, the Fund announced that it will pay on November 30, 2021 and January 11, 2022, respectively, a distribution of U.S. $0.07 per share to all shareholders of record as of November 19, 2021 and December 30, 2021, respectively.

The Fund's policy is to provide investors with a stable monthly distribution out of current income, supplemented by realized capital gains and, to the extent necessary, paid-in capital, which is a non-taxable return of capital. This policy is subject to an annual review as well as regular review at the quarterly meetings of the Fund's Board of Directors, unless market conditions require an earlier evaluation.

Open Market Repurchase Program

The Fund's policy is generally to buy back Fund shares on the open market when the Fund trades at certain discounts to NAV and management believes such repurchases may enhance shareholder value. During the fiscal year ended October 31, 2021, the Fund did not repurchase any shares.

Revolving Credit Facility

The Fund's $40,000,000 revolving credit facility with The Bank of Nova Scotia was renewed for a 3-year term on February 28, 2020 and last amended on September 21, 2021. The Fund's outstanding balance as of October 31, 2021 was $21.9 million. Under the terms of the loan facility and applicable regulations, the Fund is required to maintain certain asset coverage ratios for the amount of its outstanding borrowings. The Board regularly reviews the use of leverage by the Fund. The Fund is also authorized to use reverse repurchase agreements as another form of leverage. A more detailed description of the Fund's Revolving Credit Facility can be found in the Notes to Financial Statements.

Portfolio Holdings Disclosure

The Fund's complete schedule of portfolio holdings for the second and fourth quarters of each fiscal year are included in the Fund's semiannual and annual reports to shareholders. The Fund files its

complete schedule of portfolio holdings with the Securities and Exchange Commission (the "SEC") for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. These reports are available on the SEC's website at http://www.sec.gov. The Fund makes the information available to shareholders upon request and without charge by calling Investor Relations toll-free at 1-800-522-5465.

Proxy Voting

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities, and information regarding how the Fund voted proxies relating to portfolio securities during the most recent 12 month period ended June 30 is available by August 31 of the relevant year: (1) upon request and without charge by calling Investor Relations toll-free at 1-800-522-5465; and (2) on the SEC's website at http://www.sec.gov.

Unclaimed Share Accounts

Please be advised that abandoned or unclaimed property laws for certain states require financial organizations to transfer (escheat) unclaimed property (including Fund shares) to the state. Each state has its own definition of unclaimed property, and Fund shares could be considered "unclaimed property" due to account inactivity (e.g., no owner-generated activity for a certain period), returned mail (e.g., when mail sent to a shareholder is returned to the Fund's transfer agent as undeliverable), or a combination of both. If your Fund shares are categorized as unclaimed, your financial advisor or the Fund's transfer agent will follow the applicable state's statutory requirements to contact you, but if unsuccessful, laws may require that the shares be escheated to the appropriate state. If this happens, you will have to contact the state to recover your property, which may involve time and expense. For more information on unclaimed property and how to maintain an active account, please contact your financial adviser or the Fund's transfer agent.

COVID-19

Beginning in the first quarter of 2020, the illness COVID-19 caused by a novel coronavirus, COVID-19, has resulted in a global pandemic and major disruption to economies and markets around the world, including the United States. Financial markets have experienced extreme volatility and severe losses. Some sectors of the economy and individual issuers have experienced particularly large losses. These circumstances may continue for an extended period of time, and as a result may affect adversely the value and liquidity of the Fund's investments. The rapid development and fluidity of this situation precludes any prediction as to the ultimate adverse impact of COVID-19 on economic and market conditions, and, as a result,

present uncertainty and risk with respect to the Fund and the performance of its investments and ability to pay distributions. The full extent of the impact and effects of COVID-19 will depend on future developments, including, among other factors, the duration and spread of the outbreak, along with related travel advisories, quarantines and restrictions, the recovery time of the disrupted supply chains and industries, the impact of labor market interruptions, the impact of government interventions, and uncertainty with respect to the duration of the global economic slowdown.

LIBOR

Under the revolving credit facility, the Fund is charged interest on amounts borrowed at a variable rate, which may be based on the London Interbank Offered Rate ("LIBOR") plus a spread. The Fund may invest in certain debt securities, derivatives or other financial instruments that utilize LIBOR as a "benchmark" or "reference rate" for various interest rate calculations. In July 2017, the United Kingdom Financial Conduct Authority ("FCA"), which regulates LIBOR, announced a desire to phase out the use of LIBOR by the end of 2021. However, subsequent announcements by the FCA, the LIBOR administrator and other regulators indicate that it is possible that the most widely used LIBOR rates may continue until mid-2023. It is anticipated that LIBOR ultimately will be discontinued or the regulator will announce that it is no longer sufficiently robust to be representative of its underlying market around that time. Although financial regulators and industry working groups have suggested alternative reference rates, such as European Interbank Offered Rate ("EURIBOR"), Sterling Overnight Interbank Average Rate ("SONIA") and Secured Overnight Financing Rate ("SOFR"), global consensus on alternative rates is lacking and the process for amending existing contracts or instruments to transition away from LIBOR remains unclear. The elimination of LIBOR or changes to other reference rates or any other changes or reforms to the determination or supervision of reference rates could have an adverse impact on the market for, or value of, any securities or payments linked to those reference rates, which may adversely affect a Fund's performance and/or net asset value. Uncertainty and risk also remain regarding the willingness and ability of issuers and lenders to include revised provisions in new and existing contracts or instruments. Consequently, the transition away from LIBOR to other reference rates may lead to increased volatility and illiquidity in markets that are tied to LIBOR, fluctuations in values of LIBOR-related investments or investments in issuers that utilize LIBOR, increased difficulty in borrowing or refinancing and diminished effectiveness of hedging strategies, adversely affecting a Fund's performance. Furthermore, the risks associated with the expected discontinuation of LIBOR and transition may be exacerbated if the

work necessary to effect an orderly transition to an alternative reference rate is not completed in a timely manner. Because the usefulness of LIBOR as a benchmark could deteriorate during the transition period, these effects could occur prior to the end of 2021.

abrdn

abrdn plc, formerly known as Standard Life Aberdeen plc, was renamed on September 27, 2021. In connection with this re-branding, the entities within abrdn plc group, including investment advisory entities, have been or will be renamed in the near future. In addition, the fund names are anticipated to be re-branded over the next year.

Investor Relations Information

As part of abrdn's commitment to shareholders, we invite you to visit the Fund on the web at www.aberdeenfco.com. Here, you can view monthly fact sheets, quarterly commentary, distribution and performance information, and other Fund literature.

Enroll in abrdn's email services and be among the first to receive the latest closed-end fund news, announcements, videos, and other information. In addition, you can receive electronic versions of

important Fund documents including annual reports, semi-annual reports, prospectuses, and proxy statements. Sign up today at https://www.abrdn.com/en-us/cefinvestorcenter/contact-us/preferences.

Contact Us:

• Visit: https://www.abrdn.com/en-us/cefinvestorcenter

• Email: [email protected]; or

• Call: 1-800-522-5465 (toll free in the U.S.).

Yours sincerely,

/s/ Christian Pittard
Christian Pittard
President

Market/economic review

The 12-month reporting period ended October 31, 2021, was marked by improving economic data, recovering global economic growth and the rollout of COVID-19 vaccines. In the U.S., former Vice President Joe Biden's victory over incumbent Donald Trump in the U.S. presidential election in November 2020, and the subsequent infrastructure and COVID-19 stimulus packages, added to the overall positive economic environment. The European Union also provided pandemic relief programs to support its beleaguered economies. Subsequently, as more economies reopened, rising demand and supply-chain bottlenecks pushed crude oil and commodity prices higher. The technology sector also faced shortages in chip production. All these demand and supply issues contributed to growing inflationary concerns. By the middle of 2021, the U.S. Federal Reserve (Fed) turned more hawkish and signaled that it would contemplate the beginning of its monetary policy normalization process by slowing its bond-buying program. Fed officials also hinted towards a potential interest-rate hike, but not before 2023. Long-term U.S. Treasury bond yields rose considerably. The 10-year yields rose 67 basis points (bps) over the 12-month reporting period. The short end of the U.S. Treasury yield curve outperformed, with two-year yields rising by 34 bps over the reporting period as the Fed remained accommodative despite an increasingly hawkish tilt.

Most Asian local-currency bond markets experienced volatility and yields finished the reporting period higher, in line with those of U.S. Treasuries. Asian economies rebounded as the COVID-19 situation improved across most countries, while the recovery in developed markets ensured strong demand for the Asia-Pacific region's exports. In an effort to support their respective economies, the Central Bank of the Philippines reduced its benchmark interest rate by 25 bps in November 2020, and Bank Indonesia cut its rate by 50 bps during the period, with the last reduction in February 2021. Conversely, other central banks, mainly those in China, India and Korea, began normalizing monetary policies amid economic recoveries, rising real asset prices and broader inflation risks. However, for most economies in the region, COVID-19 was an ever-present risk, and around the second quarter of 2021, the second wave of infections hit several countries, with devastating consequences for many.

As economies resorted to targeted mobility restrictions, economic data deteriorated. Not surprisingly, the short end of yield curves in the Asia-Pacific region outperformed as central banks' monetary policies remained accommodative, while inflationary concerns and

the high volume of government bond issuance in several countries weighed on the longer end of their yield curves. Ten-year yields across South Korea, Singapore, Malaysia, Thailand, India and the Philippines rose by 101, 103, 94, 63, 48 and 191 bps, respectively, over the reporting period. Conversely, China and Indonesia bucked the trend. The market in China, which was the first economy to emerge from the pandemic, began to price in the fading recovery, exacerbated by investors' concerns over the debt burden of real estate developers, particularly China Evergrande Group (in which the Fund had a relatively small position at the end of the reporting period). The central bank cut the reserve requirement ratio (RRR) and injected liquidity to calm the market. In Indonesia, the central bank remained accommodative and provided additional support to affected sectors as low rates of vaccination and the second outbreak dampened investor sentiment, which drove yields lower.

Asian currencies saw mixed performance during the reporting period. The Chinese yuan, Taiwanese dollar and Indonesian rupiah rose 4.5%, 4.4% and 3.9%, respectively, against the U.S. dollar over the period. Stronger exports and an absence of outflows related to overseas tourism supported the yuan. An increase in exports also underpinned the performance of the Taiwanese dollar, while a rebound in commodity prices boosted the Indonesia rupiah. The Korean won lost significant ground in the last quarter of the reporting period as equity outflows gathered pace amid investors' concerns about the outlook for the semiconductor sector. The won finished the reporting period 2.9% lower against the U.S. dollar after posting gains on stronger technology export performance in the earlier part of the period. Elsewhere, the Thai baht declined 6.0% against the U.S. dollar during the reporting period, and the Philippine peso fell by 4% amid macroeconomic weakness and a slower rollout of COVID-19 vaccines. Specifically, border closures had a significant impact on the tourism-dependent Thai economy and the government's balance of payments.¹

Asian credit markets initially performed strongly early in the reporting period, with spreads narrowing on the back of vaccine hopes, the region's economic recovery, and ongoing policy stimulus. Rising U.S. government bond yields were a minor headwind to Asian credit-market performance; however, in the second half of the reporting period, the market was hampered by the tightening liquidity conditions and elevated credit risks within China's property sector. By the end of the reporting period, investors' focus shifted from concerns about targeted measures to manage leverage in the sector, to a fear

of a widespread liquidity crunch and events of default. This contagion effect weighed on Asian credit markets, particularly high-yield bonds, which surrendered their gains that they had posted earlier in the reporting period.

In emerging markets (EMs) outside of Asia, optimism over global economic growth, higher commodity prices and COVID-19 vaccine rollouts boosted investors' appetite for risk assets. Nonetheless, performance was divergent across sectors and countries. Hard-currency bonds outperformed local-currency debt for the reporting period as the market began to price in, and central banks began to deliver, domestic interest rate-hiking cycles amid rising inflation. Within the hard-currency debt sector, in aggregate, investment-grade bonds underperformed their high-yield counterparts due to the limited spread cushion against rising U.S. Treasury yields. The performance of the high-yield sovereign credit markets was driven by idiosyncratic factors, especially the way policymakers navigated a path around elevated external debt levels and sustainability. Meanwhile, EM currencies was the strongest-performing currency, appreciating 13.5% versus the U.S. dollar for the reporting period due to rising oil and gas prices.

Developed high-yield markets, led by the U.S., performed strongly during the reporting period. These markets were bolstered by central bank liquidity support, recovering economic prospects, and proactive actions by company management to strengthen corporate balance sheets during the period of heightened stress. Additionally, investors' improved risk appetite and ongoing monetary policy accommodation continued to support demand for yield in a generally lower-yield environment.

Performance review

Aberdeen Global Income Fund returned 6.5% on a net asset value basis for the 12-month reporting period ended October 31, 2021, versus the 3.3% return of its blended benchmark² for the same period. All strategies had a positive impact on both the Fund's relative and absolute performance.

The main contributors to the Fund's outperformance for the reporting period were the overweight allocations to U.S. dollar-denominated high yield and emerging-market (EM) debt. Fund performance also benefited from the corresponding underweight exposure to non-U.S. markets, including the Australian and Asian local-currency markets. Within the Fund's EM debt allocation, overweight positions in the Dominican Republic, Egypt, Kenya, Mexico, Nigeria, South Africa, the Ukraine and Turkey bolstered performance for the reporting period, while the overweight to Russia was a detractor.

Within the high-yield sector, the Fund's overweight allocation to BB- and B- rated³ corporate bonds, an underweight to real estate, and an overweight to both the leisure and automotive sectors, enhanced performance during the reporting period. However, the Fund's holdings in the telecommunications, energy and basic industry sectors weighed on Fund performance. Within Asia, Fund performance was bolstered by the overweight exposure to the higher-yielding Indonesian and India markets, as well as underweight allocations to Singapore, South Korea and Thailand.

Regarding the use of derivatives, we employ leverage strategically in the Fund in an effort to support its income-generating capacity. During the reporting period, the Fund's performance benefited approximately 148 basis points from a positive interest-rate differential between the interest income on the investment portfolio and the cost of the leverage.

The Fund uses leverage strategically to support its income-generating capacity. During the course of the reporting period, the use of leverage had a positive impact on the Fund's net asset due primarily to the strong performance of U.S. high-yield and U.S. dollar-denominated emerging market sovereign debt allocations. Meanwhile, the Fund continues to benefit from a positive interest-rate differential between the interest income on the investment portfolio and cost of the leverage. Over the medium-to-longer term, leverage has contributed positively to the performance of the Fund's net asset value.

The monthly distribution reflects the Fund's current policy to provide shareholders with a relatively stable cash flow per share. This policy did not have a significant impact on the Fund's investment strategy over the reporting period.

Outlook

Towards the end of the reporting period, global bond markets experienced significant volatility as investors and central banks grappled with higher inflation and the degree to which the inflation is transitory. There seems to be a disconnect between the markets and central banks as the former pushes for a more imminent normalization of policies, particularly in developed markets, while central banks remain committed to policy accommodation for the near term. In September and October 2021, there was a sharp rise in short-term yields in Australia, Canada, the U.S. and the UK; however, this reversed slightly at the beginning of November.

In Asia, we expect the rate-hiking cycle to continue in South Korea and for other central banks to gradually remove policy accommodation as economic recoveries strengthen. Within the region, central banks are not being pressured by high and rising inflation, unlike EMs excluding Asia, where policymakers are being forced to act more decisively to address these risks. We see little help from commodity prices in the short term, as we do not expect an immediate dissipation of oil-price pressures, as we think that the demand for fuel is likely to remain strong with the winter approaching.

We feel that there is value in hard-currency sovereign debt in EMs outside of Asia, particularly in the high-yield segment of the market. Several key economies benefit from high oil prices due to their status as net oil exporters. Meanwhile, capital markets remain open for refinancing and international financial institutions continue to support lower-income countries through lending programs. The recent release of International Monetary Fund (IMF) Special Drawing Rights⁵ has boosted fiscal and external buffers.

We believe that the interplay between inflation and the resulting slowdown in economic growth are likely to keep developed high-yield markets volatile in the near term. Positive third-quarter earnings highlight the success most companies have achieved in passing on the higher costs. While this is a positive factor for developed-market credits in the short term, it is emblematic of the inflationary environment that currently exists. In our view, the response from central banks could sacrifice growth. Consequently, we anticipate that the global high-yield market will be especially sensitive to economic data over the next several months as investors monitor

the trajectories of both inflation and economic growth, as well as how central banks respond. Overall, on a risk-adjusted basis, we maintain a constructive assessment of the high-yield asset class, given the more attractive yields relative to alternative investments, especially their investment-grade counterparts.

Regarding Asia, specifically China, we believe that quarter-over-quarter economic growth momentum is likely to slow without a more assertive monetary and fiscal policy response. While we anticipate that the Chinese yuan and local-currency bonds will continue to exhibit notable resilience, we think that bonds in China's real estate sector will remain volatile. Policymakers most likely will seek to balance the need to address excessive debt levels and moral hazards in the economy with the desire to avoid a prolonged downshift in growth. While it is a difficult line to tread, we believe that policymakers should provide sufficient support to the economy and there is a greater possibility that some of the China-centric risks could start easing as we head into 2022.

Amid the China-centric risks, we feel that, due to high commodity prices, energy shortages in China and Europe, and uncertainty concerning global monetary policy, investor sentiment may remain fragile at the end of 2021. However, it is in the often fragile sentiment and a bias for overreacting to risk that we have found and, in our view, will continue to find, value across Asian markets, though we will exercise caution and discipline.

Loan facility and the use of leverage

The Fund utilizes leverage to seek to increase the yield for its shareholders. The amounts borrowed from the Fund's loan facility may be invested to seek to return higher rates than the rates in the Fund's portfolio. However, the cost of leverage could exceed the income earned by the Fund on the proceeds of such leverage. To the extent that the Fund is unable to invest the proceeds from the use of leverage in assets which pay interest at a rate which exceeds the rate paid on the leverage, the yield on the Fund's common stock will decrease. In addition, in the event of a general market decline in the value of assets in which the Fund invests, the effect of that decline will be magnified in the Fund because of the additional assets purchased with the proceeds of the leverage. Non-recurring expenses in connection with the implementation of the loan facility will reduce the Fund's performance.

The Fund's leveraged capital structure creates special risks not associated with unleveraged funds having similar investment objectives and policies. The funds borrowed pursuant to the loan

facility may constitute a substantial lien and burden by reason of their prior claim against the income of the Fund and against the net assets of the Fund in liquidation. The Fund is not permitted to declare dividends or other distributions in the event of default under the loan facility. In the event of default under the loan facility, the lender has the right to cause a liquidation of the collateral (i.e., sell portfolio securities and other assets of the Fund) and, if any such default is not cured, the lender may be able to control the liquidation as well. A liquidation of the Fund's collateral assets in an event of default, or a voluntary paydown of the loan facility in order to avoid an event of default, would typically involve administrative expenses and sometimes penalties. Additionally, such liquidations often involve selling off of portions of the Fund's assets at inopportune times which can result in losses when markets are unfavorable. The loan facility has a term of three years and is not a perpetual form of leverage; there can be no assurance that the loan facility will be available for renewal on acceptable terms, if at all.

The credit agreement governing the loan facility includes usual and customary covenants for this type of transaction. These covenants impose on the Fund asset coverage requirements, Fund composition requirements and limits on certain investments, such as illiquid investments, which are more stringent than those imposed on the Fund by the 1940 Act. The covenants or guidelines could impede management of the Fund from fully managing the Fund's portfolio in accordance with the Fund's investment objective and policies.

Furthermore, non-compliance with such covenants or the occurrence of other events could lead to the cancellation of the loan facility. The covenants also include a requirement that the Fund maintain net assets of no less than $25,000,000.

Prices and availability of leverage are extremely volatile in the current market environment. The Board regularly reviews the use of leverage by the Fund and may explore other forms of leverage. The Fund is authorized to use reverse repurchase agreements as another form of leverage. A reverse repurchase agreement involves the sale of a security, with an agreement to repurchase the same or substantially similar securities at an agreed upon price and date. Whether such a transaction produces a gain for the Fund depends upon the costs of the agreements and the income and gains of the securities purchased with the proceeds received from the sale of the security. If the income and gains on the securities purchased fail to exceed the costs, the Fund's NAV will decline faster than otherwise would be the case. Reverse repurchase agreements, as with any leveraging techniques, may increase the Fund's return; however, such transactions also increase the Fund's risks in down markets. In July 2017, the FCA

announced that it will no longer persuade or compel banks to submit rates for the calculation of LIBOR after 2021. Such announcement indicates that the continuation of LIBOR on the current basis cannot and will not be guaranteed after 2021. However, for U.S. dollar LIBOR, it now appears that the relevant date may be deferred to June 30, 2023 for the most common tenors (overnight and one, three, six and 12 months).

Interest rate swaps

The Fund enters into interest rate swaps to hedge interest rate risk on the credit facility. As of October 31, 2021, the Fund held interest rate swap agreements with an aggregate notional amount of $21,900,000 which represented 100% of the Fund's total borrowings. Under the terms of the agreements currently in effect, the Fund either receives a floating rate of interest (three month USD-LIBOR BBA rate) and pays fixed rates of interest for the terms and based upon the notional amounts set forth below:

A significant risk associated with interest rate swaps is the risk that the counterparty may default or file for bankruptcy, in which case the Fund would bear the risk of loss of the amount expected to be received under the swap agreements. There can be no assurance that the Fund will have an interest rate swap in place at any given time nor can there be any assurance that, if an interest rate swap is in place, it will be successful in hedging the Fund's interest rate risk with respect to the loan facility.

Risk considerations

Past performance is not an indication of future results.

Foreign securities may be more volatile, harder to price and less liquid than U.S. securities. They are subject to risks associated with less stringent accounting and regulatory standards, the impact of currency exchange rate fluctuation, political and economic instability, reduced information about issuers, higher transaction costs and delayed settlement. The Fund focuses its investments in the Asia-Pacific region,

which may subject the Fund to more volatility and greater risk of loss than geographically diverse funds.

Fixed income securities are subject to certain risks including, but not limited to: interest rate (changes in interest rates may cause a decline in the market value of an investment), credit (changes in the financial condition of the issuer, borrower, counterparty, or underlying collateral), prepayment (debt issuers may repay or refinance their loans or obligations earlier than anticipated), extension (principal

repayments may not occur as quickly as anticipated, causing the expected maturity of a security to increase) and issuer risk (the value of a security may decline for reasons related to the issuer, such as management performance, financial leverage and reduced demand for the issuer's goods or services).

abrdn Asia Limited (formerly known as Aberdeen Standard Investments (Asia) Limited)

Statement of Assets and Liabilities

As of October 31, 2021

See Notes to Financial Statements.

Statement of Operations

For the Year Ended October 31, 2021

See Notes to Financial Statements.

Statements of Changes in Net Assets