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

First Trust/Abrdn Global Opportunity Income Fund (NYSE:FAMGet Rating) declared a monthly dividend on Monday, November 21st, Wall Street Journal reports. Stockholders of record on Friday, December 2nd will be paid a dividend of 0.045 per share by the financial services provider on Thursday, December 15th. This represents a $0.54 annualized dividend and a dividend yield of 9.41%. The ex-dividend date is Thursday, December 1st.

First Trust/Abrdn Global Opportunity Income Fund has increased its dividend by an average of 2.6% per year over the last three years.

First Trust/Abrdn Global Opportunity Income Fund Trading Up 1.2 %

First Trust/Abrdn Global Opportunity Income Fund stock opened at $5.74 on Wednesday. First Trust/Abrdn Global Opportunity Income Fund has a 52 week low of $5.23 and a 52 week high of $10.05. The stock has a 50-day simple moving average of $5.48 and a 200 day simple moving average of $6.01.

Institutional Investors Weigh In On First Trust/Abrdn Global Opportunity Income Fund

Several institutional investors have recently made changes to their positions in the stock. LPL Financial LLC increased its holdings in shares of First Trust/Abrdn Global Opportunity Income Fund by 3.2% during the second quarter. LPL Financial LLC now owns 428,753 shares of the financial services provider’s stock worth $2,594,000 after buying an additional 13,158 shares in the last quarter. NewEdge Advisors LLC boosted its position in First Trust/Abrdn Global Opportunity Income Fund by 12.8% during the first quarter. NewEdge Advisors LLC now owns 168,109 shares of the financial services provider’s stock valued at $1,256,000 after acquiring an additional 19,100 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of First Trust/Abrdn 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 purchasing an additional 4,446 shares in the last quarter. Bank of America Corp DE boosted its position in shares of First Trust/Abrdn 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 purchasing an additional 3,817 shares in the last quarter. Finally, Advisory Services Network LLC boosted its position in shares of First Trust/Abrdn Global Opportunity Income Fund by 21.9% during the 1st quarter. Advisory Services Network LLC now owns 16,607 shares of the financial services provider’s stock worth $124,000 after purchasing an additional 2,985 shares in the last quarter.

About First Trust/Abrdn Global Opportunity Income Fund

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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.

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Dividend History for First Trust/Abrdn Global Opportunity Income Fund (NYSE:FAM)

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