Today’s Dividend On Watch: Shareholders can safely expect $0.08 dividends by Nov 15, 2016, from First Trust/Aberdeen Global Opportunity Income Fund (NYSE:FAM).

Today's Dividend On Watch: Shareholders can safely expect $0.08 dividends by Nov 15, 2016, from First Trust/Aberdeen Global Opportunity Income Fund (NYSE:FAM).

First Trust/Aberdeen Global Opportunity Income Fund (NYSE:FAM) is expected to pay $0.08 on Nov 15, 2016. The indicated annual dividend is $0.90. Shareholders owning the stock before Nov 1, 2016 will be eligible to receive the payout. Based on First Trust/Aberdeen Global Opportunity Income Fund’s current price of $11.48, the dividend is 0.65%. This dividend’s record date is Nov 3, 2016 and the announcement date is Oct 21, 2016. The stock decreased 0.26% or $0.03 on October 28, hitting $11.48. First Trust Aberdeen Global Opportunity (NYSE:FAM) has risen 6.69% since March 29, 2016 and is uptrending. It has outperformed by 3.22% the S&P500.

First Trust/Aberdeen Global Opportunity Income Fund is a diversified, closed-end management investment fund. The company has a market cap of $197.71 million. The primary investment objective of the Fund is to seek a high level of current income. It currently has negative earnings. As a secondary objective, the Fund seeks capital appreciation.

Insitutional Activity: The institutional sentiment increased to 1.21 in 2016 Q2. Its up 0.67, from 0.54 in 2016Q1. The ratio increased, as 4 funds sold all First Trust Aberdeen Global Opportunity shares owned while 10 reduced positions. 8 funds bought stakes while 9 increased positions. They now own 6.95 million shares or 5.10% more from 6.61 million shares in 2016Q1.
Ladenburg Thalmann Financial last reported 62,121 shares in the company. Kcg Holdg Inc reported 15,073 shares or 0% of all its holdings. Moreover, Sit Investment Associates Incorporated has 0.21% invested in First Trust Aberdeen Global Opportunity (NYSE:FAM) for 682,104 shares. Karpus last reported 3.01M shares in the company. Cambridge Invest Research has invested 0.01% of its portfolio in First Trust Aberdeen Global Opportunity (NYSE:FAM). Pnc Fincl Svcs Group Incorporated holds 0% or 5,400 shares in its portfolio. Manufacturers Life Ins The has 0% invested in the company for 100 shares. Saba Mgmt Lp last reported 0.03% of its portfolio in the stock. Bulldog Ltd Limited Liability Company holds 410,647 shares or 1.21% of its portfolio. The New York-based Morgan Stanley has invested 0% in First Trust Aberdeen Global Opportunity (NYSE:FAM). Fincl Bank Of America Corp De reported 80,403 shares or 0% of all its holdings. Hm Payson & holds 0.01% of its portfolio in First Trust Aberdeen Global Opportunity (NYSE:FAM) for 15,000 shares. Alexandria Ltd Liability Corporation accumulated 1,000 shares or 0% of the stock. Shaker Fin Ltd owns 28,112 shares or 0.22% of their US portfolio. Tower Rech Limited Liability Corp (Trc) has 0% invested in the company for 10 shares.

FAM Company Profile

First Trust/Aberdeen Global Opportunity Income Fund (the Fund) is a diversified closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income. The Company’s secondary investment objective is capital appreciation. First Trust/Aberdeen Global Opportunity Income Fund invests in the world bond markets through a diversified portfolio of investment-grade and below investment-grade government and corporate debt securities. The Fund also invests in restricted securities.

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