Welcome to our dedicated page for First Trust/abrdn Global Oppos Income news (Ticker: FAM), a resource for investors and traders seeking the latest updates and insights on First Trust/abrdn Global Oppos Income stock.
First Trust/abrdn Global Opportunity Income Fund (FAM) provides investors with income-focused global strategies through its closed-end fund structure. This news hub offers authoritative updates on corporate developments, portfolio management, and strategic initiatives.
Access real-time updates on earnings reports, asset allocation changes, and management insights. Our curated collection features official announcements about fund performance, reorganization processes, and tax-efficient investment strategies.
Explore updates spanning portfolio rebalancing, merger activities, and market positioning decisions. Investors will find essential information about NAV updates, distribution declarations, and long-term strategic planning.
Bookmark this page for ongoing access to verified financial updates from FAM's management team. Check regularly for new developments impacting global income investment strategies and closed-end fund operations.
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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