First Trust/Aberdeen Global Opportunity Income Fund (NYSE:FAM) Announces Monthly Dividend of $0.08

First Trust/Aberdeen Global Opportunity Income Fund (NYSE:FAM) declared a monthly dividend on Monday, September 20th, Zacks reports. Stockholders of record on Monday, October 4th will be given a dividend of 0.075 per share by the financial services provider on Friday, October 15th. This represents a $0.90 annualized dividend and a dividend yield of 8.95%. The ex-dividend date of this dividend is Friday, October 1st.

NYSE:FAM opened at $10.06 on Wednesday. First Trust/Aberdeen Global Opportunity Income Fund has a 52-week low of $9.42 and a 52-week high of $10.89. The stock has a 50-day simple moving average of $10.18 and a 200 day simple moving average of $10.11.

A hedge fund recently raised its stake in First Trust/Aberdeen Global Opportunity Income Fund stock. Morgan Stanley increased its holdings in shares of First Trust/Aberdeen Global Opportunity Income Fund (NYSE:FAM) by 7.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,164 shares of the financial services provider’s stock after acquiring an additional 1,726 shares during the quarter. Morgan Stanley’s holdings in First Trust/Aberdeen Global Opportunity Income Fund were worth $258,000 as of its most recent SEC filing.

First Trust/Aberdeen Global Opportunity Income Fund Company Profile

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

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