First Trust/Aberdeen Global Opportunity Income Fund Declares Monthly Common Share Distribution for September of $0.13 Per Share
Wed Aug 20, 4:58 PMLISLE, Ill.--(BUSINESS WIRE)--First Trust/Aberdeen Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Funds regularly scheduled monthly distribution, payable on September 15, 2008 to shareholders of record as of September 4, 2008. The ex-dividend date is expected to be September 2, 2008. The monthly distribution information for the Fund appears below.
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First Trust/Aberdeen Global Opportunity Income Fund (FAM): |
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| Distribution per share: | $ | 0.13 | |
| Distribution Rate based on the August 19, 2008 NAV of $17.57: | 8.88 | % | |
| Distribution Rate based on the August 19, 2008 closing market price of $15.05: | 10.37 | % | |
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 2008 will be made after the end of 2008.
The Fund is a diversified, 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 and below-investment grade government and corporate debt securities.
First Trust Advisors L.P., the Funds investment advisor, along with its affiliate First Trust Portfolios L.P., are privately-held companies which provide a variety of investment services, including asset management, financial advisory services, and municipal and corporate investment banking, with collective assets under management or supervision of over $30 billion as of July 31, 2008 through closed-end funds, unit investment trusts, mutual funds, separate managed accounts and exchange-traded funds.
Aberdeen Asset Management Inc. (Aberdeen) serves as the Funds investment sub-advisor. Aberdeen is a wholly owned subsidiary of Aberdeen Asset Management PLC which is the parent company of an asset management group managing as of July 31, 2008 approximately $220 billion in assets, including approximately $92.6 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, 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, currency risk, leverage risk, market discount risk, portfolio turnover risk, and illiquid/restricted securities risk. Non-investment grade debt issues are considered speculative with respect to the issuers ability to pay interest and repay principal which may result in a reduction of the Funds NAV. Investment in foreign government debt may include bonds issued by countries considered to be emerging markets which may affect the volatility of the Funds NAV. The risks of investing in the Fund are spelled out in the prospectus, shareholder report, and other regulatory filings.
The Funds 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.
First Trust/Aberdeen Global Opportunity Income Fund
Press
Inquiries: Jane Doyle, 630-241-8775
Analyst Inquiries: Jeff
Margolin, 630-915-6784
Broker Inquiries: Jeff Margolin, 630-915-6784




