FAM
Price:
$6.51
Market Cap:
$66.03M
First Trust/Abrdn Global Opportunity Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Aberdeen Asset Management Inc. The fund invests in the fixed income markets across the globe. It primarily invests in investment grade and below-investment grade government and corporate debt securities. The fund benchmarks the performance of its portfolio against the Barclays Capital Global Emerging Markets Index, Barclays Capital Global Aggregate Index and a blended index comprising of 40% of the Citigroup World Government Bond Index, 30% of the JPMorgan Emerging Markets Bond Index Global Diversified and 30% of the JPMorgan Glob...[Read more]
Industry
Asset Management - Income
IPO Date
2004-11-24
Stock Exchange
NYSE
Ticker
FAM
According to First Trust/Abrdn Global Opportunity Income Fund’s latest financial reports and current stock price. The company's current ROE is 13.22%. This represents a change of 231.36% compared to the average of 3.99% of the last 4 quarters.
The mean historical ROE of First Trust/Abrdn Global Opportunity Income Fund over the last ten years is -0.47%. The current 13.22% ROE has changed -2923.01% with respect to the historical average. Over the past ten years (40 quarters), FAM's ROE was at its highest in in the June 2016 quarter at 12.41%. The ROE was at its lowest in in the June 2022 quarter at -37.67%.
Average
-0.47%
Median
1.05%
Minimum
-34.02%
Maximum
16.09%
Discovering the peaks and valleys of First Trust/Abrdn Global Opportunity Income Fund ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 543.00%
Maximum Annual ROE = 16.09%
Minimum Annual Increase = -371.68%
Minimum Annual ROE = -34.02%
| Year | ROE | Change |
|---|---|---|
| 2023 | 12.99% | -138.19% |
| 2022 | -34.02% | 264.92% |
| 2021 | -9.32% | -371.68% |
| 2020 | 3.43% | -76.36% |
| 2019 | 14.51% | -254.71% |
| 2018 | -9.38% | -158.30% |
| 2017 | 16.09% | 47.38% |
| 2016 | 10.92% | -227.35% |
| 2015 | -8.57% | 543.00% |
| 2014 | -1.33% | -86.27% |
The current ROE of First Trust/Abrdn Global Opportunity Income Fund (FAM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-10.12%
5-year avg
-2.48%
10-year avg
-0.47%
First Trust/Abrdn Global Opportunity Income Fund’s ROE is less than Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (1.60%), less than Pear Tree Axiom Emerging Markets World Equity Fund Ordinary Shares (0%), less than Angel Oak Dynamic Financial Strategies Income Term Trust (0%), greater than First Trust/abrdn Emerging Opportunity Fund (-5.58%), less than First Trust Specialty Finance and Financial Opportunities Fund (18.91%), greater than EA Series Trust - Matrix Advisors Value ETF (0%), less than Eaton Vance New York Municipal Income Trust (4.98%), greater than 361 Global Long/Short Equity Fund - Investor Class (0%), less than Thomas White International Fund Investor Class (0%), less than Altegris Futures Evolution Strategy Fd Cl N (41.35%),
| Company | ROE | Market cap |
|---|---|---|
| 1.60% | $72.23M | |
| 0% | $61.98M | |
| 0% | $70.35M | |
| -5.58% | $47.82M | |
| 18.91% | $59.63M | |
| 0% | $74.31M | |
| 4.98% | $81.95M | |
| 0% | $55.96M | |
| 0% | $64.29M | |
| 41.35% | $67.07M |
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