First Trust/Aberdeen Global Opportunity Income Fund Declares Monthly Distribution for April of $0.13 Per Share.LISLE, Ill. -- First Trust/Aberdeen Global Opportunity Income Fund (the "Fund") (NYSE:FAM FAM - Familiarization FAM - Factor Assessment Method FAM - Failure Analysis Matrix FAM - Familie (German: Family) FAM - Family Arabian Mare (Breyer mold) FAM - Fan Alarm Module FAM - Fast Access Memory FAM - Fault Accountability Matrix FAM - Federal Air Marshall FAM - Federation of American Motorcyclists FAM - Field Analytical Measurement FAM - Field Analytical Method FAM - Field Artillery Missile FAM - Field Assignment Memorandum) has declared the Fund's regularly scheduled monthly distribution, payable on April 17, 2006 to shareholders of record as of April 5, 2006. The ex-dividend date is expected to be April 3, 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 March 17, 2006 NAV of $19.89: 7.84% Distribution Rate based on the March 17, 2006 closing market price of $18.57: 8.40% 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 Investment Grade 1. In the case of a stock, a firm that has a strong balance sheet, considerable capitalization, and is recognized as a leader in its industry.2. In the case of fixed income, a bond with a rating of BBB or higher. Notes: Something classified as investment grade is, by implication, medium to high quality. See also: Balance Sheet, Blue Chip, Bond Rating, Capitalization, Fundamental Analysis, Industry and below-investment grade government and
corporate debt securities.First Trust Advisors L.P. acts as the Fund's investment advisor and currently manages or supervises approximately $23 billion in assets. Aberdeen Asset Management Inc. ("Aberdeen") is the Fund's sub-adviser. Aberdeen is a wholly owned subsidiary of Aberdeen Asset Management PLC which is the parent company of an asset management group managing approximately $128.6 billion in assets, including approximately $65.6 billion in global fixed-income securities, 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 Management Risk The risks associated with ineffective, destructive or underperforming management, which hurts shareholders and the company or fund being managed. This term refers to the risk of the situation in which the company and shareholders would have been better off without the choices made by management., 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 Country Risk The risk that a country will not be able to honor its financial commitments.Notes: When a country defaults it can harm the performance of all other financial instruments in that country, as well as other countries. See also: Counterparty Risk, Country Risk, Liquidity Risk, Political Risk, Price Risk, Reinvestment Risk, Return, Risk, Risk Averse, Risk/Return Tradeoff, Systematic Risk, Unsystematic Risk , currency risk,
leverage risk, market discount risk, portfolio turnover Portfolio Turnover A measurement of how frequently assets within a fund are bought and sold by the managers. It is calculated by taking either the total amount of new securities purchased or the amount of securities sold - whichever is less - over a particular period, divided by the total net asset value (NAV) of the fund. The measurement is usually reported for a 12-month time period. risk, and
illiquid/restricted securities Restricted Securities The term used under Rule 144 for securities issued privately by the company, without the benefit of a registration statement. Restricted securities are subject to a holding period before they can be sold under Rule 144. 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. 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 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. |
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