Welcome to our dedicated page for First Trust/abrdn Global Opportunity Income Fund news (Ticker: $FAM), a resource for investors and traders seeking the latest updates and insights on First Trust/abrdn Global Opportunity Income Fund stock.
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Rhea-AI Summary
First Trust/abrdn Global Opportunity Income Fund (FAM) declares its monthly common share distribution of $0.06 per share for May, with a distribution rate of 10.91% based on NAV and 11.21% based on market price. The Fund aims to provide a high level of current income and capital appreciation by investing in global bond markets. Principal risks include market volatility, current market conditions, and investments in non-U.S. securities and high-yield debt instruments.
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First Trust Advisors L.P. announced the adjournment of the joint special meeting of shareholders for the reorganizations of First Trust High Income Long/Short Fund (FSD) and First Trust/abrdn Global Opportunity Income Fund (FAM) to allow additional shareholder solicitation. The meeting will reconvene on May 30, 2024. Shareholders of record as of October 23, 2023, are entitled to vote. The Boards recommend voting 'FOR' the reorganizations.
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Rhea-AI Sentiment
End-of-Day
1.02%
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Rhea-AI Summary
First Trust/abrdn Global Opportunity Income Fund (FAM) declares a monthly distribution of $0.06 per share, payable on April 15, 2024, with a distribution rate of 10.62% based on NAV and 10.81% based on market price. The Fund aims for current income and capital appreciation by investing in global bond markets.
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-0.45%
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First Trust Advisors L.P. announces the adjournment of the joint special meeting of shareholders of First Trust High Income Long/Short Fund (FSD) and First Trust/abrdn Global Opportunity Income Fund (FAM) for reorganizations with abrdn Income Credit Strategies Fund (ACP). Shareholders urged to vote 'FOR' the reorganization.
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Rhea-AI Sentiment
End-of-Day
0.31%
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Rhea-AI Summary
First Trust Advisors L.P. announces the adjournment of a joint special meeting of shareholders of First Trust High Income Long/Short Fund (FSD) and First Trust/abrdn Global Opportunity Income Fund (FAM) to allow more time for voting on reorganizations with abrdn Income Credit Strategies Fund (ACP). Shareholders are urged to vote 'FOR' the reorganization.
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First Trust/abrdn Global Opportunity Income Fund (FAM) declares a monthly distribution of $0.06 per share payable on March 15, 2024, with a distribution rate of 10.71% based on NAV and 11.41% based on market price. The fund aims for current income and capital appreciation by investing in global bond markets.
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First Trust/abrdn Global Opportunity Income Fund (FAM) has declared a monthly common share distribution of $0.06 per share, payable on February 15, 2024, with a distribution rate of 10.67% based on NAV and 11.65% based on the closing market price. The Fund seeks to provide a high level of current income and capital appreciation by investing in diversified world bond markets.
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First Trust/abrdn Global Opportunity Income Fund (FAM) has declared a monthly common share distribution of $0.06 per share payable on January 16, 2024, to shareholders of record as of January 3, 2024. The distribution rate based on the December 19, 2023 NAV is 10.48% and based on the closing market price is 11.50%. The Fund aims to provide high current income and capital appreciation by investing in a diversified portfolio of government and corporate debt securities in the world bond markets.
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Rhea-AI Sentiment
End-of-Day
0.81%
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FAM: First Trust/abrdn Global Opportunity Income Fund declares $0.06 per share monthly distribution payable on December 15, 2023, to shareholders of record as of December 4, 2023. The distribution rate based on the November 17, 2023 NAV is 10.99% and based on the closing market price is 12.31%. The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income and capital appreciation by investing in world bond markets through a diversified portfolio of investment grade and below-investment grade government and corporate debt securities.
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Rhea-AI Sentiment
End-of-Day
0.17%
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First Trust/abrdn Global Opportunity Income Fund (FAM) declares monthly common share distribution of $0.06 per share payable on November 15, 2023, with a distribution rate of 11.56% based on NAV and 13.28% based on closing market price.
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Rhea-AI Sentiment
End-of-Day
1.86%
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First Trust/abrdn Global Opportunity Income Fund
NYSE:FAM
FAM Rankings
FAM Stock Data
63.60M
10.14M
20.55%
53.86%
0.22%
Securities and Commodity Exchanges
Finance and Insurance
United States of America
Boston
About FAM
first trust portfolios l.p. and first trust advisors l.p.("first trust") were founded in 1991 with a mission to offer investors a better way to invest. we are single-minded about providing trusted investment products and advisory services. we're inspired every day by how financial advisors and their customers use our products and services to define goals, solve problems and develop long-term strategies. everyone in our company is encouraged to work diligently and respectfully to deliver superior products, services and results that will contribute to the prosperity of our clients. our approach is simple, and our company was built with these core principles in mind: - know what you own - invest for the long-term - employ discipline - re-balance - control taxes we are committed to providing original ideas, inventive products and the highest level of service. disclaimer: this content is for information purposes only and should not be considered an offer to purchase or sell any security. t