First Trust/Abrdn Global Opportunity Income Fund (FAM) |
| 6.51 -0.07 (-1.06%) 09-20 16:00 |
| Open: | 6.59 |
| High: | 6.59 |
| Low: | 6.48 |
| Volume: | 67,604 |
| Market Cap: | 66(M) |
| PE Ratio: | 16.69 |
| Exchange: | New York Stock Exchange |
| Industry: | Asset Management - Income |
| Sector: | Financial Services |
| Technical analysis | ||||
| sell | buy | |||
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| 52w High: | 6.74 |
| 52w Low: | 5.43 |
The First Trust/Abrdn Global Opportunity Income Fund is a closed-end investment vehicle primarily focused on fixed-income assets. First Trust Advisors L.P. is responsible for its management, with Aberdeen Asset Management Inc. serving as a co-manager. This fund strategically invests in debt markets worldwide, concentrating its portfolio on government and corporate bonds across both investment-grade and below-investment-grade categories. A core criterion for its holdings is an average credit quality rating of BBB- or higher. To gauge its performance, the fund compares itself against several benchmarks: the Barclays Capital Global Emerging Markets Index, the Barclays Capital Global Aggregate Index, and a bespoke blended index. This custom index is weighted as follows: 40% Citigroup World Government Bond Index, 30% JPMorgan Emerging Markets Bond Index – Global Diversified, and 30% JPMorgan Global Bond Index - Emerging Markets Diversified. The fund commenced operations on November 23, 2004, and is located in the United States.
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