First Trust/Aberdeen Global Opportunity Income Fund Declares Monthly Distribution for March of $0.13 Per Share.LISLE, Ill. -- First Trust/Aberdeen Global Opportunity Income Fund (the "Fund") (NYSE NYSE See: New York Stock Exchange :FAM FAM 5-FU, adriamycin/doxorubicin, mitomycin C Oncology A chemotherapeutic regimen used with varying degrees of failure for advanced gastric CA. See Stomach cancer. ) has declared the Fund's regularly scheduled monthly distribution, payable on March 15, 2006 to shareholders of record as of March 3, 2006. The ex-dividend date Ex-dividend date The first day of trading when the buyer of a stock is no longer entitled to the most recently announced dividend payment ( i.e. the trade will settle the day after the record date, too late for the buyer to appear on the shareholder record and receive the dividend. is expected to be March 1, 2006. 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 February 17, 2006 NAV of $20.01: 7.80% Distribution Rate based on the February 17, 2006 closing market price of $18.31: 8.52% 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 distributions paid in 2006 will be made after the end of 2006. The Fund is a 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. acts as the Fund's investment advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and and currently manages or supervises approximately $23 billion in assets. Aberdeen Asset Management Aberdeen Asset Management plc is an international investment management group, managing assets for both institutions and private individuals from offices around the world. It is based in Aberdeen, Scotland and listed on the London Stock Exchange (LSE: ADN). Inc. ("Aberdeen") is the Fund's sub-adviser. Aberdeen is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Aberdeen Asset Management PLC which is the parent company of an asset management group managing approximately $126.9 billion in assets, including approximately $61.1 billion in global fixed-income securities Fixed-income securities Investments that have specific interest rates, such as bonds. , 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 See navigation system and navigation bar. . 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 Fund's daily closing New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. 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. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion