First Trust / Aberdeen Global Opportunity Income Fund decreases its monthly common share distribution to $ 0.075 per share for October

WHEATON, Illinois – (COMMERCIAL THREAD) – First Trust / Aberdeen Global Opportunity Income Fund (the “Fund” (NYSE: FAM) has reduced its regular monthly distribution of common shares to $ 0.075 per share from $ 0.08 per share. The distribution will be payable on the 15th October 2021 to shareholders of record on October 4, 2021. The ex-dividend date is expected to be October 1, 2021. Information on the monthly distribution of the Fund is provided below.

First Trust / Aberdeen Global Opportunity Income Fund (FAM):

Breakdown per share:

$ 0.075

Distribution rate based on the September 17, 2021 net asset value of $ 10.34:


Payout rate based on the closing market price on September 17, 2021 of $ 10.18:


Decrease from previous distribution of $ 0.08:


This distribution will consist of the net investment income earned by the Fund and a return of capital and may also consist of realized capital gains. The final determination of the source and tax status of all distributions paid in 2021 will be made after the end of 2021 and will be provided on Form 1099-DIV.

Given the persistence and likelihood of low interest rates, particularly in developed markets, a reduction in the distribution to $ 0.075 per share more closely reflects the current earnings potential of the Fund.

The Fund is a diversified and private 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 global bond markets through a diversified portfolio of high and low grade government and corporate debt securities.

First Trust Advisors LP (“FTA”) is a federally registered investment advisor and acts as the investment advisor to the Fund. FTA and its affiliate First Trust Portfolios LP (“FTP”), a brokerage firm registered with FINRA, are private companies that provide a variety of investment services. FTA has collective assets under management or supervision of approximately $ 213 billion as of August 31, 2021 through mutual funds, exchange-traded funds, closed-end funds, mutual funds and managed accounts distinct. FTA is the supervisor of the First Trust mutual funds, while FTP is the sponsor. FTP is also a distributor of UCITS units and exchange-traded fund creation units. FTA and FTP are based in Wheaton, Illinois.

Aberdeen Standard Investments Inc. (“ASII”) acts as the Fund’s investment sub-advisor. ASII is an indirect wholly owned subsidiary of abrdn plc, formerly Standard Life Aberdeen plc. Aberdeen Standard Investments is the brand name of the asset management group of abrdn plc, managing approximately $ 630.74 billion in assets as of June 30, 2021, for a range of pension funds, financial institutions, funds of investment, mutual funds, offshore funds, charities and private clients.

Past performance is no guarantee of future results. Investment returns and the market value of an investment in the Fund fluctuate. Stocks, when sold, may be worth more or less than their original cost. There can be no assurance that the Fund’s investment objectives will be achieved. The Fund may not be suitable for all investors.

Main risk factors: The securities held by a fund, as well as the shares of a fund itself, are subject to market fluctuations caused by factors such as general economic conditions, political events, regulatory or market developments. market, changes in interest rates and perceived trends in securities prices. The shares of a fund could lose value or underperform other investments because of the risk of loss associated with these market movements. In addition, local, regional or global events such as war, acts of terrorism, the spread of infectious diseases or other public health issues, recessions or other events could have a significant negative impact on a person. funds and its investments. Such events can affect certain geographic regions, countries, sectors and industries more significantly than others. The outbreak of respiratory disease known as COVID-19 in December 2019 caused significant volatility and declines in global financial markets, causing losses for investors. While vaccine development has slowed the spread of the virus and allowed the resumption of “reasonably” normal business activity in the United States, many countries continue to impose lockdowns in an attempt to slow the spread. In addition, there is no guarantee that the vaccines will be effective against emerging variants of the disease.

The Fund invests in securities of non-US issuers which are subject to higher volatility than securities of US issuers. The Fund may from time to time invest a significant portion of its assets in issuers located in a single country or region. The risks may be increased for the securities of companies located or having significant activities in emerging countries. Since the Fund invests in non-US securities, you could lose money if the local currency of a non-US market depreciates against the US dollar.

The Fund invests in lower quality debt securities, commonly referred to as “high yield securities”. High yield securities are subject to greater market fluctuations and risk of loss than higher rated securities. Lower quality debt tends to be less liquid than higher quality debt.

The debt securities in which the Fund invests are subject to certain risks, including issuer risk, reinvestment risk, prepayment risk, credit risk and interest rate risk. Issuer risk is the risk that the value of fixed income securities will decline for a number of reasons directly related to the issuer. Reinvestment risk is the risk that the income of the Fund’s portfolio will decline if the Fund invests the proceeds of matured, traded or called bonds at market interest rates lower than the current rate of income of the Fund’s portfolio. Prepayment risk is the risk that, upon prepayment, the actual outstanding debt on which the Fund earns interest income will be reduced. Credit risk is the risk that an issuer of a security will be unable or unwilling to make dividend, interest and / or principal payments when due and that the value of a security may decline over time. result. Interest rate risk is the risk that fixed income securities will lose value because of changes in market interest rates.

Investments in securities of issuers located in emerging market countries are considered speculative and there is an increased risk of investing in emerging market securities. Financial and other reports from businesses and government entities may also be less reliable in emerging markets. Shareholder claims that are available in the United States, as well as the regulatory oversight and authority that is common in the United States, including for fraud-based claims, may be difficult or impossible for shareholders to pursue. securities in emerging countries or for US authorities.

The ability of a government issuer, particularly in an emerging market country, to make full and timely payments on its debt securities will be heavily influenced by the balance of payments of the government issuer, including export, its access to international credits and investments, fluctuations in interest rates and the extent of its foreign exchange reserves.

Foreign exchange forward contracts involve certain risks, including the risk that the counterparty will not perform its obligations under the contract and the risk that the use of forward contracts will not serve as a full hedge due to a imperfect correlation between fluctuations in contract prices and the prices of the hedged currencies.

To the extent that a fund invests in variable or variable rate bonds which use the London Interbank Offered Rate (“LIBOR”) as the benchmark interest rate, it is subject to LIBOR risk. The UK Financial Conduct Authority, which regulates LIBOR, will stop offering LIBOR as a benchmark rate over a phase-out period that will begin immediately after December 31, 2021. LIBOR unavailability or replacement may affect the value. , liquidity or return on certain investments of the fund and may incur costs associated with closing positions and entering into new transactions. The potential effects of leaving LIBOR on the fund or on certain instruments in which the fund invests may be difficult to determine, and they may vary depending on various factors, and they could result in losses for the fund.

On June 23, 2016, the UK voted in a referendum to leave the European Union, an event commonly referred to as ‘Brexit’. Brexit immediately brought significant market volatility around the world, as well as political, economic and legal uncertainty. About a year after the UK officially left the European Union, the UK and the European Union entered into a trade agreement which entered into force on December 31, 2020. Under the terms of the trade agreement, there will be no tariffs or quotas on the movement of goods between the UK and Europe. There can be no assurance that the new trade deal will improve the instability in global financial markets caused by Brexit. At this time, it is difficult to predict what the long-term ramifications and political, economic and legal implications of Brexit will be, including the impact on the Fund’s portfolio holdings. The negative impact not only on the UK and European economies, but on the global economy as a whole, could be significant, potentially leading to increased volatility and illiquidity and lower economic growth for heavily dependent businesses. of Europe for their business activities and income.

The use of leverage can lead to additional risks and costs and can magnify the effect of any loss.

The risks associated with investing in the Fund are described in reports to shareholders and other regulatory documents.

The information presented is not intended to constitute an investment recommendation or advice to any particular person. By providing this information, First Trust does not undertake to give advice in a fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for independently assessing investment risks and exercising independent judgment in determining whether investments are appropriate for their clients.

The daily closing price of the Fund on the New York Stock Exchange and the net asset value per share as well as other information is available at or by calling 1-800-988-5891.

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