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First Trust/abrdn Global Oppos Income Stock Price, News & Analysis

FAM NYSE

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.

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1.86%
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-1.88%
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-0.51%
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1.14%
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2.11%
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-1.02%
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Rhea-AI Summary

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.

Rhea-AI Impact
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0.69%
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0.34%
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-0.16%
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FAQ

What is the current stock price of First Trust/abrdn Global Oppos Income (FAM)?

The current stock price of First Trust/abrdn Global Oppos Income (FAM) is $6.51 as of September 20, 2024.

What is the market cap of First Trust/abrdn Global Oppos Income (FAM)?

The market cap of First Trust/abrdn Global Oppos Income (FAM) is approximately 66.7M.
First Trust/abrdn Global Oppos Income

NYSE:FAM

FAM Rankings

FAM Stock Data

66.74M
40.66M
20.55%
53.72%
0.21%
Asset Management
Financial Services
Link
United States
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