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First Trust Advisors L.P. announced that the ongoing conflict following Russia's invasion of Ukraine is adversely impacting the First Trust/Aberdeen Global Opportunity Income Fund (NYSE: FAM) and the First Trust/Aberdeen Emerging Opportunity Fund (NYSE: FEO). As of March 17, 2022, approximately 1.16% of FAM's managed assets and 1.17% of FEO's managed assets were invested in Russian, Ukrainian, and Belarusian securities, with significant declines in value noted. The conflict and imposed sanctions may further hinder the funds’ ability to manage these investments and affect their net asset value.
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