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First Trust/Abrdn Global Opportunity Income Fund NYSE:FAM Stock Report

Last Price

US$6.53

Market Cap

US$66.3m

7D

1.1%

1Y

13.4%

Updated

18 Mar, 2024

Data

Company Financials

First Trust/Abrdn Global Opportunity Income Fund

NYSE:FAM Stock Report

Market Cap: US$66.3m

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.

FAM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends4/6

First Trust/Abrdn Global Opportunity Income Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for First Trust/Abrdn Global Opportunity Income Fund
Historical stock prices
Current Share PriceUS$6.53
52 Week HighUS$6.56
52 Week LowUS$5.38
Beta0.75
1 Month Change3.52%
3 Month Change4.34%
1 Year Change13.40%
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 31

First Trust/Aberdeen Global Opportunity Income Fund declares $0.045 dividend

Feb 22

FAM: Global Bond Markets CEF, Unsupported Dividend

Feb 08

First Trust/Aberdeen Global Opportunity Income Fund declares $0.045 dividend

Jan 23

First Trust/Aberdeen Global Opportunity Income Fund declares $0.045 dividend

Dec 20

First Trust/Aberdeen Global Opportunity Income Fund declares $0.045 dividend

Sep 20

First Trust/Aberdeen Global Opportunity Income Fund declares $0.045 dividend

Aug 22

First Trust/Aberdeen Global Opportunity Income Fund goes ex dividend tomorrow

Jul 29

FAM: Distribution Cut But Outlook Still Negative

Feb 12

FAM: International Bonds Are Good But Fund Is Overpriced

Oct 08

FAM: This 9.49%-Yielding Bond Fund Looks Like A Winner

Apr 26

FAM's Tender Offer Not Too Attractive At Current Pricing

Feb 02

First Trust/Aberdeen Global Opportunity Income Fund declares $0.08 dividend

Dec 21

First Trust/Aberdeen Global Opportunity Income Fund declares $0.08 dividend

Nov 19

Shareholder Returns

FAMUS Capital MarketsUS Market
7D1.1%-0.5%-0.1%
1Y13.4%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

Is FAM's price volatile compared to industry and market?
FAM volatility
FAM Average Weekly Movement1.7%
Capital Markets Industry Average Movement3.3%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

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

FoundedEmployeesCEOWebsite
2004n/an/ahttps://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

How do First Trust/Abrdn Global Opportunity Income Fund's earnings and revenue compare to its market cap?
FAM fundamental statistics
Market capUS$66.25m
Earnings (TTM)US$9.12m
Revenue (TTM)US$5.92m

7.3x

P/E Ratio

11.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FAM income statement (TTM)
RevenueUS$5.92m
Cost of RevenueUS$0
Gross ProfitUS$5.92m
Other Expenses-US$3.20m
EarningsUS$9.12m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.90
Gross Margin100.00%
Net Profit Margin154.15%
Debt/Equity Ratio23.6%

How did FAM perform over the long term?

See historical performance and comparison

Dividends

10.6%

Current Dividend Yield

73%

Payout Ratio
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