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PRESS RELEASE SOURCE: First Trust Advisors L.P.
FIRST TRUST ADVISORS L.P. ANNOUNCES PORTFOLIO MANAGER UPDATE FOR FIRST
TRUST/ABERDEEN GLOBAL OPPORTUNITY INCOME FUND AND FIRST TRUST/ABERDEEN EMERGING
OPPORTUNITY FUND
WHEATON, IL -- (BUSINESS WIRE) -- September 21, 2018 -- First Trust Advisors
L.P. ("FTA") announced today that Aberdeen Asset Management Inc. ("Aberdeen"),
investment sub-advisor for First Trust/Aberdeen Global Opportunity Income Fund
(NYSE: FAM) and First Trust/Aberdeen Emerging Opportunity Fund (NYSE: FEO) (each
a "Fund" or collectively, the "Funds"), will release an update on the market and
the Funds for financial advisors and investors. The update will be available
TUESDAY, SEPTEMBER 25, 2018, AT 5:00 P.M. EASTERN TIME UNTIL 11:59 P.M. EASTERN
TIME ON WEDNESDAY, OCTOBER 24, 2018. To listen to the update, follow these
instructions:
-- Dial: (888) 203-1112; International (719) 457-0820; and Passcode # 3806201.
The update will be available from Tuesday, September 25, 2018, at 5:00 P.M.
Eastern Time until 11:59 P.M. Eastern Time on Wednesday, October 24, 2018.
FAM is a diversified, closed-end management investment company that pursues a
high level of current income. As a secondary objective, the Fund pursues 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. The Fund may
invest up to 60% of its managed assets in non-investment grade 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 the Funds'
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 $134 billion as of August 31, 2018 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.
Aberdeen is an indirect wholly-owned subsidiary of Standard Life Aberdeen plc.
Aberdeen Standard Investments is the brand name for the asset management group
of Standard Life Aberdeen plc, managing approximately $735.5 billion in assets
as of June 30, 2018, for a range of pension funds, financial institutions,
investment trusts, unit trusts, offshore funds, charities and private clients.
Investment return and market value of an investment in the Funds will fluctuate.
Shares, when sold, may be worth more or less than their original cost.
Principal Risk Factors: The Funds invest in securities of non-U.S. issuers which
are subject to higher volatility than securities of U.S. issuers. Risks may be
heightened for securities of companies located in, or with significant
operations in, emerging market countries. Because the Funds invest in non-U.S.
securities, you may lose money if the local currency of a non-U.S. market
depreciates against the U.S. dollar.
The Funds invest in non-investment grade debt instruments, commonly referred to
as "high-yield securities". High yield securities are subject to greater market
fluctuations and risk of loss than securities with higher ratings. Lower-quality
debt tends to be less liquid than higher-quality debt.
The debt securities in which the Funds invest are subject to certain risks,
including issuer risk, reinvestment risk, prepayment risk, credit risk, and
interest rate risk. Issuer risk is the risk that the value of fixed-income
securities may decline for a number of reasons which directly relate to the
issuer. Reinvestment risk is the risk that income from the Funds' portfolios
will decline if the Funds invest the proceeds from matured, traded or called
bonds at market interest rates that are below the Funds' portfolios current
earnings rate. Prepayment risk is the risk that, upon a prepayment, the actual
outstanding debt on which the Funds derive interest income will be reduced.
Credit risk is the risk that an issuer of a security will be unable or unwilling
to make dividend, interest and/or principal payments when due and that the value
of a security may decline as a result. Interest rate risk is the risk that
fixed-income securities will decline in value because of changes in market
interest rates.
Use of leverage can result in additional risk and cost, and can magnify the
effect of any losses.
The risks of investing in each Fund are spelled out in the prospectus,
shareholder reports and other regulatory filings.
The information presented is not intended to constitute an investment
recommendation for, or advice to, any specific person. By providing this
information, First Trust is not undertaking to give advice in any fiduciary
capacity within the meaning of ERISA and the Internal Revenue Code. First Trust
has no knowledge of and has not been provided any information regarding any
investor. Financial advisors must determine whether particular investments are
appropriate for their clients. First Trust believes the financial advisor is a
fiduciary, is capable of evaluating investment risks independently and is
responsible for exercising independent judgment with respect to its retirement
plan clients.
The Funds' daily New York Stock Exchange closing price and net asset value per
share as well as other related information can be found at www.ftportfolios.com
or by calling 1-800-988-5891.
CONTACT: JEFF MARGOLIN -- (630) 915-6784
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Source: First Trust Advisors L.P.
