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FAM - FAM: This 9.49%-Yielding Bond Fund Looks Like A Winner
April, 26 2021 03:56 PM
First Trust/Aberdeen Global Opportunity Income Fund of Beneficial Interest
FAM invests in bonds from all around the world. The fund's portfolio is very well diversified and consists mostly of investment-grade securities, which should provide some safety. Low interest rates have been bothersome for income-seeking investors but this fund provides a solution to that problem. The fund currently yields 9.49% and managed to cover it over the trailing two-year period. The fund is trading at a larger than usual discount currently so it could be worth a buy. For further details see:
FAM: This 9.49%-Yielding Bond Fund Looks Like A Winner
Stock Information
Company Name:
First Trust/Aberdeen Global Opportunity Income Fund of Beneficial Interest
Stock Symbol:
FAM
Market:
NYSE
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