First Trust/Aberdeen Global Opportunity Income Fund (NYSE:FAM) is expected to pay $0.08 on Dec 12, 2016. The indicated annual dividend is $0.90. Shareholders owning the stock before Dec 1, 2016 will be eligible to receive the payout. Based on First Trust/Aberdeen Global Opportunity Income Fund’s current price of $10.92, the dividend is 0.69%. This dividend’s record date is Dec 5, 2016 and the announcement date is Nov 22, 2016. The stock decreased 0.15% or $0.02 on November 29, hitting $10.92. First Trust Aberdeen Global Opportunity (NYSE:FAM) has declined 0.55% since April 27, 2016 and is downtrending. It has underperformed by 5.77% 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 $187.98 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 decreased to 0.58 in Q2 2016. Its down 0.63, from 1.21 in 2016Q1. The ratio is negative, 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.
Cambridge Rech Advsrs Inc accumulated 30,543 shares or 0.01% of the stock. Moreover, Us Commercial Bank De has 0% invested in First Trust Aberdeen Global Opportunity (NYSE:FAM) for 580 shares. Doliver Advsr owns 13,694 shares or 0.13% of their US portfolio. Morgan Stanley owns 331,129 shares or 0% of their US portfolio. Creative Planning, a Kansas-based fund reported 320 shares. Saba Cap Mngmt Ltd Partnership has 32,005 shares for 0.03% of their US portfolio. The Georgia-based Advisors Limited Liability Com has invested 0.09% in First Trust Aberdeen Global Opportunity (NYSE:FAM). Karpus Management holds 1.77% or 3.01 million shares in its portfolio. Hm Payson And, a Maine-based fund reported 15,000 shares. 1607 Prtn Limited Company, a Virginia-based fund reported 246,090 shares. The Florida-based Ladenburg Thalmann Financial Svcs Inc has invested 0.01% in First Trust Aberdeen Global Opportunity (NYSE:FAM). Sit Invest Assocs last reported 682,104 shares in the company. Guggenheim Limited Company accumulated 0% or 132,467 shares. Naples Global Ltd Liability Corporation owns 37,915 shares or 0.18% of their US portfolio. Da Davidson & owns 1,950 shares or 0% of their US portfolio.
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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