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NYSE:FAM

First Trust/Abrdn Global Opportunity Income Fund (FAM) Stock Price, News & Analysis

$6.49
+0.11 (+1.72%)
(As of 05/31/2024 ET)
Today's Range
$6.36
$6.49
50-Day Range
$6.22
$6.64
52-Week Range
$5.38
$6.67
Volume
31,945 shs
Average Volume
28,689 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
11.09%
Price Target
N/A
FAM stock logo

About First Trust/Abrdn Global Opportunity Income Fund Stock (NYSE:FAM)

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.

FAM Stock Price History

FAM Stock News Headlines

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Company Calendar

Ex-Dividend for 5/15 Dividend
5/01/2024
Dividend Payable
5/15/2024
Today
6/02/2024
Ex-Dividend for 6/17 Dividend
6/03/2024
Dividend Payable
6/17/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$9.50 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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FAM Stock Analysis - Frequently Asked Questions

How have FAM shares performed in 2024?

First Trust/Abrdn Global Opportunity Income Fund's stock was trading at $6.29 at the beginning of the year. Since then, FAM shares have increased by 3.2% and is now trading at $6.49.
View the best growth stocks for 2024 here
.

Are investors shorting First Trust/Abrdn Global Opportunity Income Fund?

First Trust/Abrdn Global Opportunity Income Fund saw a drop in short interest in May. As of May 15th, there was short interest totaling 23,600 shares, a drop of 41.0% from the April 30th total of 40,000 shares. Based on an average trading volume of 26,800 shares, the days-to-cover ratio is currently 0.9 days.
View First Trust/Abrdn Global Opportunity Income Fund's Short Interest
.

How often does First Trust/Abrdn Global Opportunity Income Fund pay dividends? What is the dividend yield for First Trust/Abrdn Global Opportunity Income Fund?

First Trust/Abrdn Global Opportunity Income Fund announced a monthly dividend on Monday, May 20th. Stockholders of record on Monday, June 3rd will be given a dividend of $0.06 per share on Monday, June 17th. This represents a $0.72 dividend on an annualized basis and a yield of 11.09%. The ex-dividend date is Monday, June 3rd.
Read our dividend analysis for FAM
.

Is First Trust/Abrdn Global Opportunity Income Fund a good dividend stock?

First Trust/Abrdn Global Opportunity Income Fund (NYSE:FAM) pays an annual dividend of $0.72 per share and currently has a dividend yield of 0.09%.
Read our dividend analysis for FAM.

What other stocks do shareholders of First Trust/Abrdn Global Opportunity Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust/Abrdn Global Opportunity Income Fund investors own include Putnam Premier Income Trust (PPT), AT&T (T), Energy Transfer (ET), Apple Hospitality REIT (APLE), Chesapeake Energy (CHKAQ), Enbridge (ENB), Ford Motor (F), International Business Machines (IBM), MetLife (MET) and Companhia Siderúrgica Nacional (SID).

Who are First Trust/Abrdn Global Opportunity Income Fund's major shareholders?

First Trust/Abrdn Global Opportunity Income Fund's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Karpus Management Inc. (0.00%), Cetera Advisors LLC (0.00%) and ORG Partners LLC (0.00%).
View institutional ownership trends
.

How do I buy shares of First Trust/Abrdn Global Opportunity Income Fund?

Shares of FAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FAM) was last updated on 6/2/2024 by MarketBeat.com Staff

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