First Trust (NYSE:FAM) Institutional Investors Quarterly Sentiment

Sentiment for First Trust (NYSE:FAM)

First Trust (NYSE:FAM) institutional sentiment increased to 1.9 in Q3 2018. Its up 0.30, from 1.6 in 2018Q2. The ratio is more positive, as 19 active investment managers started new or increased equity positions, while 10 sold and reduced positions in First Trust. The active investment managers in our partner’s database now have: 4.83 million shares, up from 4.60 million shares in 2018Q2. Also, the number of active investment managers holding First Trust in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 6 Increased: 11 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 $126.85 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 increased 0.26% or $0.02 during the last trading session, reaching $9.8. About 5,727 shares traded. First Trust/Aberdeen Global Opportunity Income Fund (NYSE:FAM) has declined 18.94% since January 14, 2018 and is downtrending. It has underperformed by 18.94% the S&P500.

Bulldog Investors Llc holds 2.05% of its portfolio in First Trust/Aberdeen Global Opportunity Income Fund for 719,727 shares. Shaker Financial Services Llc owns 173,141 shares or 0.8% of their US portfolio. Moreover, Karpus Management Inc. has 0.5% invested in the company for 1.28 million shares. The Texas-based Oxbow Advisors Llc has invested 0.35% in the stock. Robinson Capital Management Llc, a Michigan-based fund reported 72,954 shares.

More notable recent First Trust/Aberdeen Global Opportunity Income Fund (NYSE:FAM) news were published by: Forbes.com which released: “Singapore’s Richest 2018: Property Moguls Edge Out Facebook Billionaire For Top Spot – Forbes” on July 25, 2018, also Seekingalpha.com with their article: “Anheuser-Busch InBev SA/NV 2017 Q4 – Results – Earnings Call Slides – Seeking Alpha” published on March 01, 2018, Seekingalpha.com published: “Halliburton: An Excellent Entry Point Is Near – Seeking Alpha” on December 17, 2018. More interesting news about First Trust/Aberdeen Global Opportunity Income Fund (NYSE:FAM) were released by: Prnewswire.com and their article: “Mallinckrodt Reports on FDA Joint Advisory Committee Meeting for Stannsoporfin for the Treatment of Newborns at Risk of Developing Severe Jaundice – PR Newswire” published on May 03, 2018 as well as Seekingalpha.com‘s news article titled: “The Chemist’s ‘High-High-Low’ CEF Report – July 2018 – Seeking Alpha” with publication date: August 28, 2018.

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