Positive Press Coverage Somewhat Unlikely to Impact First Trust/Aberdeen Global Opportunity (FAM) Stock Price
Media headlines about First Trust/Aberdeen Global Opportunity (NYSE:FAM) have trended positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. First Trust/Aberdeen Global Opportunity earned a media sentiment score of 0.28 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 46.3621305651888 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of First Trust/Aberdeen Global Opportunity (NYSE:FAM) traded down 0.50% during mid-day trading on Friday, hitting $11.84. The company had a trading volume of 27,338 shares. The company has a 50-day moving average price of $11.78 and a 200-day moving average price of $11.75. First Trust/Aberdeen Global Opportunity has a 1-year low of $10.29 and a 1-year high of $12.15.
The company also recently announced a monthly dividend, which will be paid on Monday, October 16th. Investors of record on Tuesday, October 3rd will be paid a $0.075 dividend. The ex-dividend date of this dividend is Monday, October 2nd. This represents a $0.90 dividend on an annualized basis and a yield of 7.60%.
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First Trust/Aberdeen Global Opportunity Company Profile
First Trust/Aberdeen Global Opportunity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income. As a secondary objective, the Fund seeks capital appreciation. The Fund pursues these objectives by investing its Managed Assets in the world bond markets through a diversified portfolio of investment grade and below-investment grade government and corporate debt securities.
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