FAM

First Trust/abrdn Global Opportunity Income Fund
FAM

$6.51

1.06%

Market Cap: $66M

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

25% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 4

3% more funds holding

Funds holding: 35 [Q1] → 36 (+1) [Q2]

3.05% less ownership

Funds ownership: 40.07% [Q1] → 37.02% (-3.05%) [Q2]

11% less capital invested

Capital invested by funds: $26.7M [Q1] → $23.7M (-$2.97M) [Q2]

15% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 13

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for FAM.

See Analyst Rankings

Financial journalist opinion

abrdn Income Credit Strategies Fund Announces Closing Date for Acquisition of Assets From First Trust/abrdn Global Opportunity Income Fund

PHILADELPHIA, PA / ACCESSWIRE / August 22, 2024 / The Board of Trustees of abrdn Income Credit Strategies Fund (NYSE:ACP) ("ACP" or the "Acquiring Fund"), previously announced that shareholders of First Trust/abrdn Global Opportunity Income Fund (NYSE:FAM) ("FAM" or the "Acquired Fund"), advised by First Trust Advisors L.P., have approved the proposed reorganization into ACP ("Reorganization") and today announces that the Reorganization is expected to close at the close of business on September 20, 2024, or as soon as practicable thereafter, subject to the satisfaction of customary closing conditions.

abrdn Income Credit Strategies Fund Announces Closing Date for Acquisition of Assets From First Trust/abrdn Global Opportunity Income Fund

First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for September

WHEATON, Ill.--(BUSINESS WIRE)--First Trust/abrdn Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on September 16, 2024, to shareholders of record as of September 3, 2024. The ex-dividend date is expected to be September 3, 2024. The monthly distribution information for the Fund appears below. First Trust/abrdn Global Opportunity Income Fund (FAM): Distribution per shar.

First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for September

abrdn Income Credit Strategies Fund Announces Update and Tentative Closing Date for Acquisition of Assets From First Trust/abrdn Global Opportunity Income Fund

PHILADELPHIA, PA / ACCESSWIRE / July 26, 2024 / The Board of Trustees of abrdn Income Credit Strategies Fund (NYSE:ACP), announces today that shareholders of First Trust/abrdn Global Opportunity Income Fund (NYSE:FAM) ("FAM" or the "Acquired Fund") advised by First Trust Advisors L.P. have approved the proposed reorganization into ACP ("Reorganization") which is targeted to be completed before the end of September or as soon as practicable thereafter, subject to the satisfaction of customary closing conditions.

abrdn Income Credit Strategies Fund Announces Update and Tentative Closing Date for Acquisition of Assets From First Trust/abrdn Global Opportunity Income Fund

First Trust Announces Results of Special Meeting of Shareholders Relating to the Reorganization of First Trust/abrdn Global Opportunity Income Fund with and into abrdn Income Credit Strategies Fund

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today the results of the special meeting shareholders of First Trust/abrdn Global Opportunity Income Fund (NYSE: FAM) (the “Fund”) held on July 25, 2024. Shareholders of FAM, a diversified, closed-end management investment company organized as a Massachusetts business trust, have approved the reorganization of FAM with and into abrdn Income Credit Strategies Fund (“ACP”), a diversified, closed-end management investment.

First Trust Announces Results of Special Meeting of Shareholders Relating to the Reorganization of First Trust/abrdn Global Opportunity Income Fund with and into abrdn Income Credit Strategies Fund

First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for August

WHEATON, Ill.--(BUSINESS WIRE)--First Trust/abrdn Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on August 15, 2024, to shareholders of record as of August 1, 2024. The ex-dividend date is expected to be August 1, 2024. The monthly distribution information for the Fund appears below. First Trust/abrdn Global Opportunity Income Fund (FAM): Distribution per share: $0.06.

First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for August

First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganization of First Trust/abrdn Global Opportunity Income Fund with and into abrdn Income Credit Strategies Fund

WHEATON, Ill--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the special meeting of shareholders of First Trust/abrdn Global Opportunity Income Fund (NYSE: FAM) (the “Fund”) held on July 11, 2024 has been adjourned in order to permit additional solicitation of shareholders and to allow shareholders additional time to vote on the reorganization of the Fund with and into abrdn Income Credit Strategies Fund (“ACP”). The special meeting of shareholders of the Fund will reco.

First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganization of First Trust/abrdn Global Opportunity Income Fund with and into abrdn Income Credit Strategies Fund

First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for July

WHEATON, Ill.--(BUSINESS WIRE)--First Trust/abrdn Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on July 15, 2024, to shareholders of record as of July 1, 2024. The ex-dividend date is expected to be July 1, 2024. The monthly distribution information for the Fund appears below. First Trust/abrdn Global Opportunity Income Fund (FAM): Distribution per share: $0.06 Distri.

First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for July

First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganization of First Trust/abrdn Global Opportunity Income Fund with and into abrdn Income Credit Strategies Fund

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the special meeting of shareholders of First Trust/abrdn Global Opportunity Income Fund (NYSE: FAM) (the “Fund”) held on June 18, 2024 has been adjourned in order to permit additional solicitation of shareholders and to allow shareholders additional time to vote on the reorganization of the Fund with and into abrdn Income Credit Strategies Fund (“ACP”). The special meeting of shareholders of the Fund will rec.

First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganization of First Trust/abrdn Global Opportunity Income Fund with and into abrdn Income Credit Strategies Fund

First Trust Announces Results of Joint Special Meeting of Shareholders Relating to the Reorganizations of First Trust High Income Long/Short Fund and First Trust/abrdn Global Opportunity Income Fund with and into abrdn Income Credit Strategies Fund

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today the results of the joint special meeting of shareholders of each of First Trust High Income Long/Short Fund (NYSE: FSD) (“FSD”) and First Trust/abrdn Global Opportunity Income Fund (NYSE: FAM) (“FAM” and collectively with FSD, the “Funds”) held on May 30, 2024. Shareholders of FSD, a diversified, closed-end management investment company organized as a Massachusetts business trust, have approved the reorganization.

First Trust Announces Results of Joint Special Meeting of Shareholders Relating to the Reorganizations of First Trust High Income Long/Short Fund and First Trust/abrdn Global Opportunity Income Fund with and into abrdn Income Credit Strategies Fund

First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for June

WHEATON, Ill.--(BUSINESS WIRE)--First Trust/abrdn Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on June 17, 2024, to shareholders of record as of June 3, 2024. The ex-dividend date is expected to be June 3, 2024. The monthly distribution information for the Fund appears below. First Trust/abrdn Global Opportunity Income Fund (FAM): Distribution per share: $0.06 Distri.

First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for June

See News Rankings