FAM News and Press, First Trust/Aberdeen Global Opportunity Income Fund of Beneficial Interest From 02/02/21

CEF tender offers are a great way to extract alpha from activist activity. We highlight two recent examples of profitable tender offers that we took part in. FAM's tender offer is not too attractive currently, but could still be profitable if fewer shareholders tender or if the di...

Stocks in emerging markets continued to lead the major asset classes in January as the top monthly performer. Emerging markets shares have been up for four straight months, pushing this slice of the world's equities to a wide one-year lead of nearly 28%. US stocks are posting the ...

First Trust/Aberdeen Global Opportunity Income Fund (NYSE: FAM) (the “Fund”) today commenced a tender offer. As previously announced, the Fund will purchase up to 20% of its outstanding common shares for cash at a price per share equal to 98% of the net asset value per...

17 out of 23 CEF sectors positive on price and 19 out of 23 sectors positive on NAV last week. PPR tender offer expires on January 4, 2021, and our Tactical Income-100 portfolio is tendering all shares. NHF's extended tender offer also expired. For further details see: W...

Despite suffering steeper losses in the March panic and again in the September/October correction, the Russell 1000 finished 2020 with a threefold lead over its global peers (up 21% versus 6.8%, respectively). As was the case globally, P/E multiple expansion, rather than dividend or f...

First Trust/Aberdeen Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.08 per share payable on January 15, 2021, to shareholders of record as of January 5, 2021. The ex-dividen...

Asset valuations, in themselves, cannot tell us when bubbles will burst, but they suggest when we are witnessing them and the depth of liquidation coming on the other side. Today, equities, corporate and many sovereign bonds (and the funds and ETFs that hold them) are more extremely p...

First Trust/Aberdeen Global Opportunity Income Fund (NYSE: FAM) (the “Fund”) announced today that the Fund’s Board of Trustees has approved the commencement of a cash tender offer for up to 20% of the Fund’s then outstanding common shares of beneficial intere...

First Trust/Aberdeen Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.08 per share payable on December 15, 2020, to shareholders of record as of December 2, 2020. The ex-divid...

First Trust/Aberdeen Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.08 per share payable on November 16, 2020, to shareholders of record as of November 3, 2020. The ex-divid...