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Security Profile
- Security Type
- Closed-End Fund
- CUSIP
- 337319107
- Market Cap
- Small Cap
- IPO
- 11/24/2004 · $20.00/share
Fund Description: First Trust/Aberdeen Global Opportunity Income Fund is an exchange-traded, closed-end fund or closed-end ETF, legally known as a diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The Fund's primary investment objective is to seek a high level of current income. As a secondary objective, the Fund will seek capital appreciation. FUND STRATEGY: The Fund will pursue these objectives by investing in the world bond markets through a diversified portfolio of investment grade and below-investment grade government and corporate debt securities. The Fund may invest in both investment grade and non-investment grade debt issues. Non-investment grade debt issues are commonly referred to as "high yield" or "junk" bonds and are considered speculative with respect to the issuer's capacity to pay interest and repay principal. Investments in government debt may also include bonds issued by countries considered to be emerging markets. FUND MANAGEMENT: First Trust Advisors L.P. is the Fund's investment adviser and is responsible for selecting and supervising the Sub-Adviser, the ongoing monitoring of the Fund's investment portfolio, managing the Fund's business affairs and providing certain clerical and bookkeeping and other administrative services. The Adviser, in consultation with the Sub-Adviser, is also responsible for determining the Fund's overall investment strategy and overseeing its implementation. Aberdeen Asset Management Inc. is the Fund's sub-adviser.
Company Contact
- Headquarters
- 120 E. Liberty Drive, Suite 400, Wheaton, Ill. 60187
- Phone
- 630-765-8000 · Toll-Free 800-988-5891
- Investor Relations
- Jeff Margolin · 630-915-6784 · info@ftportfolios.com