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Stock impact report

First Trust/Aberdeen Global Opportunity Income Fund Announces Results of Annual Shareholder Meeting

First Trust/abrdn Global Opportunity Income Fund Common Shares of Beneficial Interest (FAM) 
Company Research Source: Business Wire
WHEATON, Ill.--(BUSINESS WIRE)--First Trust/Aberdeen Global Opportunity Income Fund (NYSE: FAM) (the “Fund”) announced today that, based on voting results, shareholders of the Fund voted at the annual meeting of shareholders to elect Robert F. Keith as a Class I Trustee to continue to serve as a member of the Board of Trustees of the Fund for a three-year term. James A. Bowen, Niel B. Nielson, Richard E. Erickson and Thomas R. Kadlec are current and continuing Trustees of the Fund.Additionally, shareholders voted at the annual meeting against a shareholder’s non-binding proposal requesting the Board of Trustees to consider authorizing a self-tender offer for all outstanding common shares of the Fund at or close to net asset value. The shareholder’s proposal also stated that if more than 50% of the Fund’s outstanding common shares were tendered, the tender offer should be cancelled and the Board should take steps necessary to liquidate, merge, or convert the Fund to an open-end mut Show less Read more
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