FAM Stock Overview
First Trust/Abrdn Global Opportunity Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P.
Snowflake Score | |
---|---|
Valuation | 1/6 |
Future Growth | 0/6 |
Past Performance | 2/6 |
Financial Health | 5/6 |
Dividends | 4/6 |
First Trust/Abrdn Global Opportunity Income Fund Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$6.53 |
52 Week High | US$6.56 |
52 Week Low | US$5.38 |
Beta | 0.75 |
1 Month Change | 3.52% |
3 Month Change | 4.34% |
1 Year Change | 13.40% |
3 Year Change | -34.75% |
5 Year Change | -35.65% |
Change since IPO | -67.36% |
Recent News & Updates
Recent updates
FAM: Beat Inflation With This 12.44% Yielding CEF
May 31First Trust/Aberdeen Global Opportunity Income Fund declares $0.045 dividend
Feb 22FAM: Global Bond Markets CEF, Unsupported Dividend
Feb 08First Trust/Aberdeen Global Opportunity Income Fund declares $0.045 dividend
Jan 23First Trust/Aberdeen Global Opportunity Income Fund declares $0.045 dividend
Dec 20First Trust/Aberdeen Global Opportunity Income Fund declares $0.045 dividend
Sep 20First Trust/Aberdeen Global Opportunity Income Fund declares $0.045 dividend
Aug 22First Trust/Aberdeen Global Opportunity Income Fund goes ex dividend tomorrow
Jul 29FAM: Distribution Cut But Outlook Still Negative
Feb 12FAM: International Bonds Are Good But Fund Is Overpriced
Oct 08FAM: This 9.49%-Yielding Bond Fund Looks Like A Winner
Apr 26FAM's Tender Offer Not Too Attractive At Current Pricing
Feb 02First Trust/Aberdeen Global Opportunity Income Fund declares $0.08 dividend
Dec 21First Trust/Aberdeen Global Opportunity Income Fund declares $0.08 dividend
Nov 19Shareholder Returns
FAM | US Capital Markets | US Market | |
---|---|---|---|
7D | 1.1% | -0.5% | -0.1% |
1Y | 13.4% | 30.8% | 28.4% |
Return vs Industry: FAM underperformed the US Capital Markets industry which returned 30.8% over the past year.
Return vs Market: FAM underperformed the US Market which returned 28.4% over the past year.
Price Volatility
FAM volatility | |
---|---|
FAM Average Weekly Movement | 1.7% |
Capital Markets Industry Average Movement | 3.3% |
Market Average Movement | 6.1% |
10% most volatile stocks in US Market | 16.8% |
10% least volatile stocks in US Market | 3.0% |
Stable Share Price: FAM has not had significant price volatility in the past 3 months.
Volatility Over Time: FAM's weekly volatility (2%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2004 | n/a | n/a | https://www.ftportfolios.com/Retail/cef/CEFsummary.aspx?Ticker=FAM |
First Trust/Abrdn 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.
First Trust/Abrdn Global Opportunity Income Fund Fundamentals Summary
FAM fundamental statistics | |
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Market cap | US$66.25m |
Earnings (TTM) | US$9.12m |
Revenue (TTM) | US$5.92m |
7.3x
P/E Ratio11.2x
P/S RatioIs FAM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
FAM income statement (TTM) | |
---|---|
Revenue | US$5.92m |
Cost of Revenue | US$0 |
Gross Profit | US$5.92m |
Other Expenses | -US$3.20m |
Earnings | US$9.12m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
Earnings per share (EPS) | 0.90 |
Gross Margin | 100.00% |
Net Profit Margin | 154.15% |
Debt/Equity Ratio | 23.6% |
How did FAM perform over the long term?
See historical performance and comparison