First Trust/Aberdeen Global Opportunity Income Fund Declares its Monthly Common Share Distribution o

Before you go, we thought you'd like these...
Before you go close icon

First Trust/Aberdeen Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.13 Per Share for December

WHEATON, Ill.--(BUSINESS WIRE)-- First Trust/Aberdeen Global Opportunity Income Fund (the "Fund") (NYS: FAM) has declared the Fund's regularly scheduled monthly common share distribution payable on December 10, 2012 to shareholders of record as of December 5, 2012. The ex-dividend date is expected to be December 3, 2012. The monthly distribution information for the Fund appears below.

 

First Trust/Aberdeen Global Opportunity Income Fund (FAM):

Distribution per share:    $0.13
Distribution Rate based on the November 19, 2012 NAV of $18.00:8.67%
Distribution Rate based on the November 19, 2012 closing market price of $17.60:8.86%
 

The majority, and possibly all, of this distribution will be paid out of net investment income earned by the Fund. A portion of this distribution may come from net short-term realized capital gains or return of capital. The final determination of the source and tax status of all 2012 distributions will be made after the end of 2012.


The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income. As a secondary objective, the Fund seeks capital appreciation. The Fund pursues these investment objectives by investing in the world bond markets through a diversified portfolio of investment grade and below-investment grade government and corporate debt securities.

First Trust Advisors L.P., the Fund's investment advisor, along with its affiliate First Trust Portfolios L.P., are privately-held companies which provide a variety of investment services, including asset management and financial advisory services, with collective assets under management or supervision of approximately $61 billion as of October 31, 2012 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

Aberdeen Asset Management Inc. ("Aberdeen") serves as the Fund's investment sub-advisor. Aberdeen is a wholly owned subsidiary of Aberdeen Asset Management PLC which is the parent company of an asset management group managing approximately $292.7 billion in assets as of August 31, 2012, including approximately $58.5 billion in global fixed-income securities, for a range of pension funds, financial institutions, investment trusts, unit trusts, offshore funds, charities and private clients.

Past performance is no assurance of future results. Investment return and market value of an investment in the Fund will fluctuate. Shares, when sold, may be worth more or less than their original cost.

Principal Risk Factors: Investment in this Fund involves investment and market risk, management risk, non-investment grade securities risk, fixed-income securities risk, U.S. and non-U.S. interest rate risk, U.S. and non-U.S. government securities risk, country risk, currency risk, leverage risk, market discount risk, portfolio turnover risk, and illiquid/restricted securities risk. Non-investment grade debt issues are considered speculative with respect to the issuer's ability to pay interest and repay principal which may result in a reduction of the Fund's NAV. Investment in foreign government debt may include bonds issued by countries considered to be emerging markets which may affect the volatility of the Fund's NAV. The risks of investing in the Fund are spelled out in the prospectus, shareholder reports and other regulatory filings.

The Fund's daily closing New York Stock Exchange price and net asset value per share as well as other information can be found at www.ftportfolios.com or by calling 1-800-988-5891.



First Trust/Aberdeen Global Opportunity Income Fund
Press Inquiries:
Jane Doyle, 630-765-8775
or
Analyst Inquiries:
Jeff Margolin, 630-915-6784
or
Broker Inquiries:
Jeff Margolin, 630-915-6784

KEYWORDS:   United States  North America  Illinois

INDUSTRY KEYWORDS:

The article First Trust/Aberdeen Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.13 Per Share for December originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners