CEF Advisors AICA Event NAVigator Podcast

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First Trust/abrdn Global Opportunity Income Fund (FAM)

Taxable Bond Funds - Global Income Funds

Data as of June 14, 2024
Market Price $6.42 (+ $0.04)
NAV (June 14, 2024) $6.55 (+ $0.01)
Fund Listed NYSE
Premium / Discount -1.98% (+0.46%)
Fund Info
Inception Nov. 16, 2004
Sponsor First Trust Advisors
Website www.ftportfolios.com/R...
Phone 1.800.621.1675
Location Illinois
Incorporated Massachusetts
Staggered Board Yes
Term Date N/A
Objective: High current income; investment grade or below, government and corporate debt securities
Capital & Leverage
Outstanding Shares 10,143,247
Total Assets (Reported: Dec. 31, 2023) $87M
Estimated Total Assets $83M
Net Assets $66M
Market Cap $65M
Portfolio Turnover 28.00%
Total Leverage 19.78%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 3.49%
Non Lev Exp Ratio 1.83%
Rel Lev Cost 6.72%
Discount Data
Average Discount (3 Yr) -7.28%
Discount Low(3 Yr) -16.01%
Discount High(3 Yr) 4.71%
Discount Rel Range (3 Yr) 67.68%
Comp Discount -1.39
Discount St Dev (1Yr) 3.18
Z-Stat (6mo) 1.56
Z-Stat (1Yr) 1.84
Z-Stat (3Yr) 1.09
Comp Z-Stat (6mo) 0.95
Comp Z-Stat (3Yr) 0.84
Distribution Data
Market Yield 11.21%
Income Yield 4.77%
Lev Adj NAV Yield 9.18%
Distribution Frequency M
Current Distribution $0.060
Current Income $0.026
Ex-Date 6/3/24
Payable Date 6/17/24
Div Growth (3yr) -25.00%
Dividend Change 14.3% on 5/22/23
Expected Div 6/20/24
RoC (1yr) 52.70%
RoC (3yr) 71.18%
Tax Dividend Data 2023 2021 - 2023
Income 49.2% 26.2%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 50.8% 73.8%
Volume & Liquidity
Average Daily $ (K) $143
Avg Volume 30 day 19,251
Avg Volume 90 day 22,351
Volume Trend -13.87%
Comp Volume Trend -7.60%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Taxable Bond & BDC Index
Most Correlated Peer (Mk Pr): MMT 71.0%
NAV - Price Correlation (30 d) 65.9%
NAV - Price Correlation (90 d) 70.1%
NAV - Price Correlation (1 Yr) 78.4%
Price St Dev (1Yr) 13.9%
NAV St Dev (1Yr) 7.9%
Earnings / Share (12/31/23) $0.024
Earn Coverage 40.00%
Earnings Trend Up
UNII / Share (12/31/23) $0.049
Rel UNII 16.01
UNII Trend Up
Bond Specific Data
Maturity 9.25
Credit Rating (rbo) BBB
Investment Grade 49.55%
Non Investment Grade 43.31%
Unrated Bonds 7.14%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Taxable Bond & BDC Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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