-

First Trust Announces Name Changes for First Trust/Aberdeen Global Opportunity Income Fund and First Trust/Aberdeen Emerging Opportunity Fund

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”) announced today that the Board of Trustees of First Trust/Aberdeen Global Opportunity Income Fund (NYSE: FAM) and First Trust/Aberdeen Emerging Opportunity Fund (NYSE: FEO) (each, a “Fund”) approved name changes for the Funds as follows:

Fund(s)

New Name

First Trust/Aberdeen Global Opportunity Income Fund (FAM)

First Trust/abrdn Global Opportunity Income Fund

First Trust/Aberdeen Emerging Opportunity Fund (FEO)

First Trust/abrdn Emerging Opportunity Fund

The name changes will be effective as of the close of business on June 30, 2022. Each Fund’s ticker symbol and CUSIP are not changing. The Fund’s investment objectives and strategies are not changing.

FAM 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.

FEO is a diversified, closed-end management investment company that seeks to provide a high level of total return. The Fund seeks to achieve its investment objective by investing at least 80% of its managed assets in a diversified portfolio of equity and fixed-income securities of issuers in emerging market countries.

FTA is a federally registered investment advisor and serves as each Fund's investment advisor. FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services. FTA has collective assets under management or supervision of approximately $ 203 billion as of May 31, 2022 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts. FTA is the supervisor of the First Trust unit investment trusts, while FTP is the sponsor. FTP is also a distributor of mutual fund shares and exchange-traded fund creation units. FTA and FTP are based in Wheaton, Illinois.

abrdn Inc. (formerly Aberdeen Standard Investments Inc.) (“abrdn”) serves as each Fund's investment subadvisor. abrdn is an indirect wholly-owned subsidiary of abrdn plc. abrdn is the brand name for the asset management group of abrdn plc, managing approximately $627.89 billion in assets as of December 31, 2021, for a range of pension funds, financial institutions, investment trusts, unit trusts, offshore funds, charities and private clients.

Contacts

First Trust Advisors L.P.
Jeff Margolin, 630-915-6784

Industry:

First Trust Advisors L.P.

NYSE:FAM
Release Versions
English

Contacts

First Trust Advisors L.P.
Jeff Margolin, 630-915-6784

More News From First Trust Advisors L.P.

First Trust Announces Adjournment of Special Shareholder Meeting for First Trust Active Global Quality Income ETF

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the special shareholder meeting for First Trust Active Global Quality Income ETF (the “Fund”), a series of First Trust Exchange-Traded Fund VIII (the “Trust”), has been adjourned in order to permit additional solicitation of shareholders. The special shareholder meeting for the Fund will reconvene on Thursday, October 15, 2026 at 12:00 p.m. Central time at the offices of FTA at 120 East Liberty Drive, Suite 40...

First Trust Expands Its Autocallable Income ETFs with ACYB

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("First Trust"), a leading exchange-traded fund ("ETF") provider and asset manager, announced it has launched the FT Vest Laddered Autocallable Buffer & Resilient Income ETF (NYSE Arca: ACYB) (the “fund”). ACYB is an actively managed ETF that seeks to provide investors with distributions while providing reduced downside risk to equity markets. The fund seeks to achieve its objective by entering into swap agreements and/or option cont...

First Trust Enhanced Equity Income Fund Issues Notice Regarding September 2026 Distribution

WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA), CUSIP 337318109, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains more frequently than otherwise permitted with respect to its common shares subject to certain co...
Back to Newsroom