First Trust/Aberdeen Global Opportunity Income Fund (FAM) To Go Ex-Dividend on July 1st

First Trust/Aberdeen Global Opportunity Income Fund (NYSE:FAM – Get Rating) announced a monthly dividend on Tuesday, June 21st, Zacks reports. Shareholders of record on Tuesday, July 5th will be paid a dividend of 0.06 per share by the financial services provider on Friday, July 15th. This represents a $0.72 dividend on an annualized basis and a yield of 11.92%. The ex-dividend date of this dividend is Friday, July 1st.

First Trust/Aberdeen Global Opportunity Income Fund has raised its dividend payment by an average of 2.6% annually over the last three years.

NYSE FAM opened at $6.04 on Thursday. First Trust/Aberdeen Global Opportunity Income Fund has a 12 month low of $5.93 and a 12 month high of $10.36. The company’s 50 day simple moving average is $6.57 and its 200 day simple moving average is $7.90.

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE boosted its stake in shares of First Trust/Aberdeen Global Opportunity Income Fund by 25.8% during the 1st quarter. Bank of America Corp DE now owns 18,637 shares of the financial services provider’s stock worth $139,000 after acquiring an additional 3,817 shares in the last quarter. Advisory Services Network LLC boosted its position in shares of First Trust/Aberdeen Global Opportunity Income Fund by 21.9% in the 1st quarter. Advisory Services Network LLC now owns 16,607 shares of the financial services provider’s stock valued at $124,000 after purchasing an additional 2,985 shares during the period. NewEdge Advisors LLC increased its stake in First Trust/Aberdeen Global Opportunity Income Fund by 12.8% in the 1st quarter. NewEdge Advisors LLC now owns 168,109 shares of the financial services provider’s stock worth $1,256,000 after purchasing an additional 19,100 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in First Trust/Aberdeen Global Opportunity Income Fund by 23.2% during the 1st quarter. Cetera Investment Advisers now owns 23,622 shares of the financial services provider’s stock worth $176,000 after buying an additional 4,446 shares during the period.

First Trust/Aberdeen Global Opportunity Income Fund Company Profile (Get Rating)

First Trust/Aberdeen 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.

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