UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 15, 2021
______________________________
First Trust/Aberdeen Global Opportunity Income Fund
(Exact name of registrant as specified in its charter)
| Massachusetts | 811-21636 | 73-6357662 |
| (State or other jurisdiction | (Commission File Number) | (IRS Employer |
| of incorporation) | Identification No.) |
|
120 East Liberty Drive, Suite 400 Wheaton, Illinois (Address of principal executive offices) |
60187 (zip code) |
Registrant's telephone number, including area code: (630) 765-8000
_____________________________________________________
(Former Name or Former Address, if Changed Since Last Report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
☐ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
| Item 7.01 | Regulation FD Disclosure |
First Trust/Aberdeen Global Opportunity Income Fund (the “Fund”) is filing herewith a press release issued on March 15, 2021, as Exhibit 99.1. The press release was issued by First Trust Advisors L.P. to report the Fund will revise its investment policies to include that the Fund may invest up to 10% of its Managed Assets in forward foreign exchange contracts (both deliverable and non-deliverable). The Fund anticipate that the changes to their investment policies will be implemented on or around May 24, 2021. Details regarding the change in investment policies are contained in the press release included herein.
(d) Exhibits.
| Exhibit Number | Description |
| 99.1 | Press release of First Trust Advisors L.P. dated March 15, 2021. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: March 15, 2021 |
First Trust/Aberdeen Global Opportunity Income Fund | |
| By: | /s/ W. Scott Jardine | |
| Name: | W. Scott Jardine | |
| Title: | Secretary | |
EXHIBIT INDEX
| Exhibit Number | Description |
| 99.1 | Press release of First Trust Advisors L.P. dated March 15, 2021. |
| PRESS RELEASE | SOURCE: First Trust/Aberdeen Global Opportunity Income Fund and First Trust/Aberdeen Emerging Opportunity Fund |
First Trust/Aberdeen Global Opportunity Income Fund and First Trust/Aberdeen Emerging Opportunity Fund Announce Changes to Non-Fundamental Investment Policies
Wheaton, IL – (BUSINESS WIRE) – March 15, 2021 – First Trust/Aberdeen Global Opportunity Income Fund (NYSE: FAM) and First Trust/Aberdeen Emerging Opportunity Fund (NYSE: FEO) (the “Funds”) announced today that their Board of Trustees has approved changes to the Funds’ non-fundamental investment policies as described herein.
Each of the Funds will revise its investment policies to add the following:
| · | The Fund may invest up to 10% of its Managed Assets in forward foreign exchange contracts (both deliverable and non-deliverable). |
Under the new policy, each Fund may use forward foreign exchange contracts for purposes of hedging or to gain investment exposure to certain foreign currencies. The remaining investment policies of the Funds will remain unchanged, including the policy providing that the Funds may invest only up to 5% of their respective Managed Assets in non-deliverable forward foreign exchange contracts. The Funds anticipate that the changes to their investment policies will be implemented on or around May 24, 2021.
FAM is a diversified, closed-end management investment company which commenced investment operations in November 2004. FAM’s primary investment objective is to seek a high level of current income. As a secondary objective, FAM seeks capital appreciation.
FEO is a diversified, closed-end management investment company which commenced investment operations in August 2006. FEO’s investment objective is to provide a high level of total return.
First Trust Advisors L.P. (“FTA”), the Fund’s investment advisor, is a federally registered 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 $179 billion as of February 28, 2021 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 Standard Investments Inc. (“ASII”) serves as the Funds’ investment sub-advisor. ASII 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 $624 billion in assets as of December 31, 2020, for a range of pension funds, financial institutions, investment trusts, unit trusts, offshore funds, charities and private clients.
The Funds’ daily closing New York Stock Exchange prices and net asset values per share as well as other information, including information relating to the Funds’ investment objectives and policies, risk considerations and expenses, can be found at www.ftportfolios.com or by calling 1-800-988-5891.
| Contact: | First Trust/Aberdeen Global Opportunity Income Fund or First Trust/Aberdeen Emerging Opportunity Fund |
Press Inquiries: Jane Doyle, 630-765-8775
Analyst Inquiries: Jeff Margolin, 630-915-6784
Broker Inquiries: Jeff Margolin, 630-915-6784