First Trust/Abrdn Global Opportunity Income Fund – NYSE:FAM

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$6.51

+0.09

+1.56%

Market open

Closed in about 3 hours

+0.16%

month

-0.77%

quarter

+4.57%

year

Market Cap	66.03M
Enterprise value	82.10M

P/E	6.15
EV/Sales	78.72
EV/EBITDA	7.57
Price/Sales	63.31
Price/Book	1.00
PEG ratio	N/A
EPS	2.44

Revenue	2.70M
EBITDA	4.45M
Income	24.84M
Revenue Q/Q	N/A
Revenue Y/Y	N/A

Profit margin	1028.82%
Oper. margin	1048.89%
Gross margin	-49.67%
EBIT margin	1048.89%
EBITDA margin	164.53%

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10 years history
Forward ratios (Analysts estimates)

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First Trust/Abrdn Global Opportunity Income Fund (NYSE:FAM): Profit margin
Mar 2023	1.47M	2.29M	155.25%
Jun 2023	-1.44M	10.14M	-701.2%
Sep 2023	1.48M	2.26M	153.05%
Dec 2023	1.19M	10.14M	847.04%

Dividends

Paying a dividend greater than earnings.

First Trust/Abrdn Global Opportunity Income Fund (NYSE:FAM): Payout ratio
Payout ratio	113.44%

First Trust/Abrdn Global Opportunity Income Fund (NYSE:FAM): Dividend Yield
2019	7.82%
2020	9.13%
2021	10.23%
2022	11.42%
2023	10.59%

FAM dividends history

First Trust/Abrdn Global Opportunity Income Fund (NYSE:FAM): Debt to assets
Mar 2023	87260752	17.91M	20.53%
Jun 2023	87260752	17.93M	20.56%
Sep 2023	87633252	17.42M	19.88%
Dec 2023	87633252	17.42M	19.88%

First Trust/Abrdn Global Opportunity Income Fund (NYSE:FAM): Cash Flow
Mar 2023	4.99M	0	-8.20M
Jun 2023	873.57K	9.10M	-16.41M
Sep 2023	1.92M	0	-1.82M
Dec 2023	1.46M	2.37M	-3.64M

First Trust/Abrdn Global Opportunity Income Fund
Insider Trading

First Trust/Abrdn Global Opportunity Income Fund (NYSE:FAM): Insider trades (number of shares)
Period	Buy	Sel
Dec 2021	0	1011

Transaction	Date	Insider	Security	Shares	Price per share	Total value
Sale	28 Dec 2021	KADLEC THOMAS R director director	Common Shares	1,011	$9.8	$9,907
Sale	21 Jul 2015	KEITH ROBERT F other: Trustee other: Trustee	Common Shares	1,129	$10.78	$12,171
Purchase	1 Apr 2010	NIELSON NIEL B director director	Common Shares	298	$16.28	$4,853
Sale	28 Sep 2009	BOWEN JAMES A director, officer: President director, officer: President	Common Shares	750	$15.29	$11,468
Purchase	22 Mar 2007	ERICKSON RICHARD E director director	Common Shares	300	$18.67	$5,600
Purchase	1 Nov 2006	KEITH ROBERT F other: Trustee other: Trustee	Common Shares	2,000	$18.31	$36,620
Purchase	13 Sep 2006	KADLEC THOMAS R director director	Common Shares	850	$17.96	$15,266
Purchase	5 Jan 2006	HALL R SCOTT other: Officer-Investment Advisor other: Officer-Investment Advisor	Common Shares	500	$17.2	$8,600
Purchase	28 Dec 2005	ERICKSON RICHARD E director director	Common Shares	232	N/A	N/A
Sale	23 Dec 2005	FIRST TRUST PORTFOLIOS LP other: Affil. of Issuer's Advisor other: Affil. of Issuer's Advisor	Common Shares	5,236	N/A	N/A

FAM insider trading transactions

First Trust/Abrdn Global Opportunity Income Fund
Executives

Insider	Age	Since	Compensation
Mr. Kevin Daly Portfolio Mang.
Mr. John Murphy Portfolio Mang.

First Trust/Abrdn Global Opportunity Income Fund
Latest News

Thursday, 22 August 2024
17:20	abrdn Income Credit Strategies Fund Announces Closing Date for Acquisition of Assets From First Trust/abrdn Global Opportunity Income Fund	accesswire.com
Friday, 26 July 2024
07:15	abrdn Income Credit Strategies Fund Announces Update and Tentative Closing Date for Acquisition of Assets From First Trust/abrdn Global Opportunity Income Fund	accesswire.com
Thursday, 20 June 2024
16:10	First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for July	businesswire.com
Tuesday, 18 June 2024
16:10	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	businesswire.com
Friday, 31 May 2024
09:25	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	businesswire.com
Monday, 22 April 2024
16:10	First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for May	businesswire.com
Thursday, 18 April 2024
16:10	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	businesswire.com
Wednesday, 20 March 2024
16:10	First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for April	businesswire.com
Thursday, 7 March 2024
16:10	First Trust Announces Adjournment of the Joint Special Meeting of Shareholders	businesswire.com
Tuesday, 20 February 2024
16:20	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	businesswire.com
16:10	First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for March	businesswire.com
Monday, 22 January 2024
16:10	First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for February	businesswire.com
Wednesday, 20 December 2023
16:10	First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for January	businesswire.com
Monday, 20 November 2023
16:05	First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for December	businesswire.com
Monday, 23 October 2023
16:15	First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for November	businesswire.com
Wednesday, 8 February 2023
07:37	FAM: Global Bond Markets CEF, Unsupported Dividend	Seeking Alpha
Wednesday, 23 November 2022
19:07	FAM: This Fund Has A Lot To Like But I Cannot Recommend It	Seeking Alpha
Saturday, 12 February 2022
00:58	FAM: Distribution Cut But Outlook Still Negative	Seeking Alpha
Friday, 8 October 2021
12:00	FAM: International Bonds Are Good But Fund Is Overpriced	Seeking Alpha
Monday, 20 September 2021
16:30	First Trust/Aberdeen Global Opportunity Income Fund Decreases its Monthly Common Share Distribution to $0.075 Per Share for October	Business Wire
Tuesday, 31 August 2021
04:31	'Slip, Slidin Away' - What Happens To Funds That Over-Distribute Their Earnings	Seeking Alpha
Monday, 23 August 2021
16:30	First Trust/Aberdeen Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.08 Per Share for September	Business Wire

Frequently Asked Questions (FAQ)

What's the price of First Trust/Abrdn Global Opportunity Income Fund stock today?

One share of First Trust/Abrdn Global Opportunity Income Fund stock can currently be purchased for approximately $6.51.
When is First Trust/Abrdn Global Opportunity Income Fund's next earnings date?

Unfortunately, First Trust/Abrdn Global Opportunity Income Fund's (FAM) next earnings date is currently unknown.
Does First Trust/Abrdn Global Opportunity Income Fund pay dividends?

Yes, First Trust/Abrdn Global Opportunity Income Fund pays dividends and its trailing 12-month yield is 7.79% with 113% payout ratio.It means that the company is paying a dividend greater than earnings. The last First Trust/Abrdn Global Opportunity Income Fund stock dividend of $0.07 was paid on 15 Feb 2022.
How much money does First Trust/Abrdn Global Opportunity Income Fund make?

First Trust/Abrdn Global Opportunity Income Fund has a market capitalization of 66.03M and it's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 98.85% to -260.75K US dollars.
What is First Trust/Abrdn Global Opportunity Income Fund's stock symbol?

First Trust/Abrdn Global Opportunity Income Fund is traded on the NYSE under the ticker symbol "FAM".
What is First Trust/Abrdn Global Opportunity Income Fund's primary industry?

Company operates in the Financial Services sector and Asset Management - Income industry.
How do i buy shares of First Trust/Abrdn Global Opportunity Income Fund?

Shares of First Trust/Abrdn Global Opportunity Income Fund can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Who are First Trust/Abrdn Global Opportunity Income Fund's key executives?
First Trust/Abrdn Global Opportunity Income Fund's management team includes the following people:
- Mr. Kevin Daly Portfolio Mang.
- Mr. John Murphy Portfolio Mang.
When First Trust/Abrdn Global Opportunity Income Fund went public?

First Trust/Abrdn Global Opportunity Income Fund is publicly traded company for more then 20 years since IPO on 24 Nov 2004.
What is First Trust/Abrdn Global Opportunity Income Fund's official website?

The official website for First Trust/Abrdn Global Opportunity Income Fund is ftportfolios.com.
Where are First Trust/Abrdn Global Opportunity Income Fund's headquarters?

First Trust/Abrdn Global Opportunity Income Fund is headquartered at 120 East Liberty Drive, Wheaton, IL.
How can i contact First Trust/Abrdn Global Opportunity Income Fund?

First Trust/Abrdn Global Opportunity Income Fund's mailing address is 120 East Liberty Drive, Wheaton, IL and company can be reached via phone at +63 07658000.

First Trust/Abrdn Global Opportunity Income Fund

ftportfolios.com

Exchange:

NYSE

Full time employees:

Industry:

Asset Management - Income

Sector:

Financial Services

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.

+63 07658000

120 East Liberty Drive
Wheaton, IL 60187

CIK: 0001302624
ISIN: US3373191077
CUSIP: 337319107