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First Trust (NYSE:FAM) Institutional Investor Sentiment Trend

Sentiment for First Trust (NYSE:FAM)

First Trust (NYSE:FAM) institutional sentiment decreased to 1.6 in 2018 Q2. Its down -0.10, from 1.7 in 2018Q1. The ratio worsened, as 16 funds opened new and increased holdings, while 10 sold and decreased holdings in First Trust. The funds in our partner’s database reported: 4.60 million shares, up from 4.29 million shares in 2018Q1. Also, the number of funds holding First Trust in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 8 Increased: 8 New Position: 8.

First Trust/Aberdeen Global Opportunity Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. The company has market cap of $119.01 million. It is co-managed by Aberdeen Asset Management Inc. It currently has negative earnings. The fund invests in the fixed income markets across the globe.

The stock decreased 0.43% or $0.04 during the last trading session, reaching $9.19. About 43,409 shares traded. First Trust/Aberdeen Global Opportunity Income Fund (NYSE:FAM) has declined 20.72% since November 10, 2017 and is downtrending. It has underperformed by 36.34% the S&P500.

Shaker Financial Services Llc holds 1% of its portfolio in First Trust/Aberdeen Global Opportunity Income Fund for 201,319 shares. Karpus Management Inc. owns 1.31 million shares or 0.58% of their US portfolio. Moreover, Oxbow Advisors Llc has 0.48% invested in the company for 378,230 shares. The Minnesota-based Sit Investment Associates Inc has invested 0.18% in the stock. Naples Global Advisors Llc, a Florida-based fund reported 31,865 shares.

Another recent and important First Trust/Aberdeen Global Opportunity Income Fund (NYSE:FAM) news was published by Seekingalpha.com which published an article titled: “First Trust/Aberdeen Global Opportunity Income Fund declares $0.07 dividend” on October 22, 2018.

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