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First Trust/abrdn Global Opportunity Income Fund V.FAM


Primary Symbol: FAM

First Trust/abrdn 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. The Fund invests in various industries, such as sovereigns, banks, integrated oils, utilities, exploration and production, financial services, railroad, pharmaceuticals, metals and mining, food and beverage, government development banks, transportation and logistics, chemicals, oil and gas services and equipment, life insurance, software and services, retail - consumer staples, construction materials and wireline telecommunications services. The Fund's investment advisor is First Trust Advisors L.P.


NYSE:FAM - Post by User

Post by Panther10on Dec 12, 2014 9:41am
127 Views
Post# 23223082

Strong floor appears on the share price

Strong floor appears on the share priceIt was noticed this morning that the bid to buy at .08 cents was set for over a half million shares. This is not only great to see, but it also sends a strong message - For those anxious to sell at this time, you may want to ask yourself what all the buying interest is about? For those toying with the idea of buying in, I believe the window of opportunity for buying at low share prices is fast approaching. Also,I cannot help but wonder if some of this recent low-ball buy interest is coming from our famous critics hoping to make a fast buck? My timing could be off, but I have no doubt about where this company is going in the near future. Best wishes to all with your investing.
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