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FAM - FAM: International Bonds Are Good But Fund Is Overpriced
October, 08 2021 12:00 PM
First Trust/Aberdeen Global Opportunity Income Fund of Beneficial Interest
Investors have been struggling to generate income for quite some time now and this problem is not likely to go away soon. FAM invests in a portfolio of international bonds that can frequently offer much higher yields than American ones can. The fund is very well diversified across both developed and developing nations. The fund boasts an appetizing yield but it failed to afford it in the first half of the year. The premium valuation seems a bit expensive considering that disappointing financial performance. For further details see:
FAM: International Bonds Are Good But Fund Is Overpriced
Stock Information
Company Name:
First Trust/Aberdeen Global Opportunity Income Fund of Beneficial Interest
Stock Symbol:
FAM
Market:
NYSE
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