First Trust/Abrdn Global Opportunity Income Fund FAM
At closeSep 20, 2024, 4:00 PM EDT
- Market cap
- 66.03M
- Revenue (ttm)
- 5.77M
- Profit margin
- 67.20%
- EPS (ttm)
- 0.39
- Shares out
- 10.14M
- P/E ratio
- 16.69
- Dividend
- 0.72 (11.06%)
- Ex-dividend date
- Sep 2, 2024
- Volume
- 67.60K
- Avg volume
- 55.50K
- Open
- 6.59
- Previous close
- 6.51
- Day's range
- 6.48 – 6.59
- 52-week range
- 5.43 – 6.74
- Beta
- 0.79
Key statistics
- Enterprise value
- 82.09M
- PEG ratio
- 0.00
- Price / sales
- 11.44
- Price / book
- 1.00
- Dividend yield
- 11.06%
- Payout ratio
- 184.62%
- Revenue growth
- -5.00%
- Free cash flow
- 1.82M
- Total cash
- 538.39K
- Total debt
- 16.60M
- Return on equity
- 5.74%
- Short % of float
- 0.28%
- 50-day average
- 6.44
- 200-day average
- 6.39
Next earnings
Consensus EPS estimate 0.00.
About First Trust/Abrdn Global Opportunity Income Fund
First Trust/Abrdn Global Opportunity Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Aberdeen Asset Management Inc. The fund invests in the fixed income markets across the globe. It primarily invests in investment grade and below-investment grade government and corporate debt securities. The fund benchmarks the performance of its portfolio against the Barclays Capital Global Emerging Markets Index, Barclays Capital Global Aggregate Index and a blended index comprising of 40% of the Citigroup World Government Bond Index, 30% of the JPMorgan Emerging Markets Bond Index Global Diversified and 30% of the JPMorgan Global Bond Index - Emerging Markets Diversified. It invests in fixed income securities with average credit quality rating of BBB- or higher. First Trust/Abrdn Global Opportunity Income Fund was formed on November 23, 2004 and is domiciled in the United States.
- Sector
- Financial Services
- Industry
- Asset Management
- Country
- United States
News
abrdn Income Credit Strategies Fund Announces Closing Date for Acquisition of Assets From First Trust/abrdn Global Opportunity Income Fund 
abrdn Income Credit Strategies Fund Announces Update and Tentative Closing Date for Acquisition of Assets From First Trust/abrdn Global Opportunity Income Fund 
First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for July 
First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganization of First Trust/abrdn Global Opportunity Income Fund with and into abrdn Income Credit Strategies Fund 
First Trust Announces Results of Joint Special Meeting of Shareholders Relating to the Reorganizations of First Trust High Income Long/Short Fund and First Trust/abrdn Global Opportunity Income Fund with and into abrdn Income Credit Strategies Fund 
First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for May 
First Trust Announces Adjournment of the Joint Special Meeting of Shareholders Relating to the Reorganizations of First Trust High Income Long/Short Fund and First Trust/abrdn Global Opportunity Income Fund 
First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for April 
First Trust Announces Adjournment of the Joint Special Meeting of Shareholders 
First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganizations of First Trust High Income Long/Short Fund and First Trust/abrdn Global Opportunity Income Fund with and into abrdn Income Credit Strategies Fund
Your note
Sign in to keep a note on FAM — it syncs with the Stock Master app.
Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BOWEN JAMES A | President | Sale | Sep 27, 2009 | 0 |
| ERICKSON RICHARD E | Director | Purchase | Mar 21, 2007 | 767 |
| FIRST TRUST PORTFOLIOS LP | Affiliated Person | Sale | Dec 22, 2005 | 0 |
| HALL R SCOTT | Affiliated Person | Purchase | Jan 4, 2006 | 500 |
| KADLEC THOMAS R | Director | Sale | Dec 27, 2021 | 0 |
| KEITH ROBERT F | Trustee | Sale | Jul 20, 2015 | 0 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Karpus Management, Inc. | 13.18% | 1,336,465 | 8.31M | Jun 29, 2023 |
| LPL Financial LLC | 4.17% | 422,477 | 2.63M | Jun 29, 2023 |
| Bank of America Corporation | 2.83% | 287,155 | 1.79M | Jun 29, 2023 |
| Fiera Capital Corporation | 2.01% | 204,366 | 1.27M | Jun 29, 2023 |
| NewEdge Advisors, LLC | 1.62% | 164,812 | 1.03M | Jun 29, 2023 |
| Osaic Holdings Inc | 1.50% | 151,788 | 944.17K | Jun 29, 2023 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Starboard Investment Tr-Matisse Discounted Bond CEF Strategy | 1.38% | 140,352 | 873.03K | Jun 29, 2023 |
| Modern Capital Tactical Opportunities Fund | 0.95% | 96,408 | 599.69K | Jun 29, 2023 |