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First Trust/abrdn Global Opportunity Income Fund (FAM) has announced an increase in its monthly common share distribution from $0.045 to $0.0525 per share. This 16.67% increase is based on the previous distribution amount and translates to a distribution rate of 9.45% based on the NAV of $6.67 as of March 17, 2023, or 10.96% based on the closing market price of $5.75. The distribution will be payable on April 17, 2023, to shareholders of record as of April 4, 2023, with an ex-dividend date of April 3, 2023. The distribution will include net investment income and may comprise capital gains.
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