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First Trust/abrdn Global Opportunity Income Fund (NYSE: FAM) has announced a monthly common share distribution of $0.06 per share for June 2024. This distribution will be payable on June 17, 2024, to shareholders of record as of June 3, 2024. The ex-dividend date is also June 3, 2024.
The distribution rate is 10.71% based on the net asset value (NAV) of $6.72 as of May 17, 2024, and 11.13% based on the closing market price of $6.47 on the same date. The distribution comprises net investment income, return of capital, and possibly net short-term realized capital gains. The final tax status will be determined after the end of 2024.
The Fund aims to provide high current income with a secondary goal of capital appreciation by investing in global bond markets. Principal risks include market risk, interest rate risk, and credit risk, among others. Investment shares may fluctuate in value, and there are no guarantees that investment objectives will be achieved.
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