Markets
U.S. open in 4 hrs, 23 mins
BUSINESS NEWS
- Market News
- Earnings
- Recalls
- Recession Watch
- Tech News
- Financial Crisis
- Madoff Scandal
- BloggingStocks
- Luxist
- Money Videos
INVESTING
- Stock Quotes
- Stock Charts
- Stock Ticker
- Currencies
- Portfolio
- Stock Screener
- Broker Center
- Mutual Fund Center
- ETF Center
- Money
- 24/7 Wall St.
- Financial Glossary
PERSONAL FINANCE AT WALLETPOP
- Bargains
- Banking
- Budget
- Calculators
- College Finance
- Community
- Credit
- Deals
- Debt
- Economizer
- Food
- Home
- Fraud
- Insurance
- Interest Rates
- Loans
- Mortgages
- Real Estate
- Recalls
- Recession
- Retirement
- Saving
- Simplification
- Specials
- Taxes
SMALL BUSINESS
First Trust/Aberdeen Global Opportunity Income Fund Declares Monthly Common Share Distribution of $0.13 Per Share for December
Business Wire
First Trust/Aberdeen Global Opportunity Income Fund (the "Fund") (NYSE:
FAM) has declared the Fund’s regularly scheduled monthly common share
distribution payable on December 11, 2009 to shareholders of record as
of December 3, 2009. The ex-dividend date is expected to be December 1,
2009. The monthly distribution information for the Fund appears below.
|
First Trust/Aberdeen Global
Opportunity Income Fund (FAM):
|
|||
| Distribution per share: | $0.13 | ||
| Distribution Rate based on the November 19, 2009 NAV of $16.69: | 9.35 | % | |
| Distribution Rate based on the November 19, 2009 closing market price of $15.68: | 9.95 | % | |
The tax character of the Fund’s fiscal year to date distributions,
including this distribution, will depend on the Fund’s investment
experience during the remainder of its fiscal year. However, based on
information for the fiscal year to date it is likely that the Fund’s
distributions will include a return of capital component for its current
fiscal year. The final determination of the source and tax status of all
distributions paid in 2009 will be made after the end of 2009.
The Fund is a diversified, closed-end management investment company that
seeks to provide a high level of current income. As a secondary
objective, the Fund seeks capital appreciation. The Fund pursues these
investment objectives by investing in the world bond markets through a
diversified portfolio of investment grade and below-investment grade
government and corporate debt securities.
First Trust Advisors L.P., the Fund’s investment advisor, along with its
affiliate First Trust Portfolios L.P., are privately-held companies
which provide a variety of investment services, including asset
management, financial advisory services, and municipal and corporate
investment banking, with collective assets under management or
supervision of approximately $24 billion as of October 31, 2009 through
closed-end funds, unit investment trusts, mutual funds, separate managed
accounts and exchange-traded funds.
Aberdeen Asset Management Inc. (“Aberdeen”) serves as the Fund’s
investment sub-advisor. Aberdeen is a wholly owned subsidiary of
Aberdeen Asset Management PLC which is the parent company of an asset
management group managing approximately $234 billion in assets as of
September 30, 2009, including approximately $82 billion in global
fixed-income securities, for a range of pension funds, financial
institutions, investment trusts, unit trusts, offshore funds, charities
and private clients.
Past performance is no assurance of future results. Investment return
and market value of an investment in the Fund will fluctuate. Shares,
when sold, may be worth more or less than their original cost.
Principal Risk Factors: Investment in this Fund involves investment and
market risk, management risk, non-investment grade securities risk,
fixed-income securities risk, U.S. and non-U.S. interest rate risk, U.S.
and non-U.S. government securities risk, country risk, currency risk,
leverage risk, market discount risk, portfolio turnover risk, and
illiquid/restricted securities risk. Non-investment grade debt issues
are considered speculative with respect to the issuer’s ability to pay
interest and repay principal which may result in a reduction of the
Fund’s NAV. Investment in foreign government debt may include bonds
issued by countries considered to be emerging markets which may affect
the volatility of the Fund’s NAV. The risks of investing in the Fund are
spelled out in the prospectus, shareholder report and other regulatory
filings.
The Fund’s daily closing New York Stock Exchange price and net asset
value per share as well as other information can be found at
www.ftportfolios.com
or by calling 1-800-988-5891.
Copyright Business Wire 2009
2009-11-20 16:53:00
COMMENTS ( 0 )