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First Trust/Aberdeen Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.07 Per Share for July

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WHEATON, Ill.–(BUSINESS WIRE)–First Trust/Aberdeen Global Opportunity Income Fund (the “Fund”) (NYSE: FAM) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.07 per share payable on July 15, 2019, to shareholders of record as of July 2, 2019. The ex-dividend date is expected to be July 1, 2019. The monthly distribution information for the Fund appears below.

 

First Trust/Aberdeen Global Opportunity Income Fund (FAM):

     

 

Distribution per share:

     

$0.07

Distribution Rate based on the June 19, 2019 NAV of $11.65:

     

7.21%

Distribution Rate based on the June 19, 2019 closing market price of $10.21:

     

8.23%

This distribution will consist of net investment income earned by the Fund and may also consist of return of capital and/or realized capital gains. The final determination of the source and tax status of all distributions paid in 2019 will be made after the end of 2019 and will be provided on Form 1099-DIV.

The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income. As a secondary objective, the Fund seeks 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.

First Trust Advisors L.P. (“FTA”) is a federally registered investment advisor and serves as the Fund’s 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 $126 billion as of May 31, 2019 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”), (formerly, Aberdeen Asset Management Inc.), serves as the Fund’s 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 $702.4 billion in assets as of December 31, 2018, for a range of pension funds, financial institutions, investment trusts, unit trusts, offshore funds, charities and private clients.

Past performance is no assurance of future results. Investment return and market value of an investment in the Fund will fluctuate. Shares, when sold, may be worth more or less than their original cost. There can be no assurance that the Fund’s investment objectives will be achieved. The Fund may not be appropriate for all investors.

Principal Risk Factors: The Fund invests 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 Fund invests 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 Fund invests 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 Fund invests 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 Fund’s portfolio will decline if the Fund invests the proceeds from matured, traded or called bonds at market interest rates that are below the Fund portfolio’s current earnings rate. Prepayment risk is the risk that, upon a prepayment, the actual outstanding debt on which the Fund derives 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 the Fund are spelled out in the 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, the Internal Revenue Code or any other regulatory framework. Financial advisors are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.

The Fund’s daily closing New York Stock Exchange price and net asset value per share as well as other information can be found at www.ftportfolios.com or by calling 1-800-988-5891.

 

Contacts

Press Inquiries Jane Doyle 630-765-8775

Analyst Inquiries Jeff Margolin 630-915-6784

Broker Inquiries Jeff Margolin 630-915-6784

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Business Wire

SCI Welcomes Industry Veteran to Advisory Board

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QUEENSBURY, N.Y.–(BUSINESS WIRE)–Subcontracting Concepts, LLC is very pleased to announce and welcome Chris MacKrell as a new member to the SCI Advisory Board. SCI’s newly formed Advisory Board has been created to provide strategic guidance and technical advice — ensuring SCI remains the leading third-party administrator as the last-mile supply chain is shaped by new forces.

Chris brings a wealth of knowledge in last-mile logistics to SCI. He will be instrumental in continuing SCI’s market-leading position as the preeminent third-party administrator for logistics brokers and owner operators in the last mile marketplace.

Chris is the co-founder of Custom Courier Solutions and served in various national sales and Senior Operations roles as the Manager of Business Development at CD&L and Regional Vice President – East Sales and Operations at AirNet, a $150M Air freight carrier.

Like SCI, Chris believes strongly in advocating for this industry. In 2013, he testified before a Senate Subcommittee on Employment and Workforce Safety on the key role Owner Operators play in the US economy. He served as the President of the CLDA – Customized Logistics and Delivery Association, formerly the MCAA, and the NYSMCA – New York State Messenger and Courier Association. Prior to his term as President, Chris served as a Chairman of both the CLDA & NYSMCA Government Affairs committee. The NYSMCA is the key trade association advocating for the industry in New York State. He is a recipient of the industry’s Distinguished Service award in 2009 and an inductee into the CLDA Hall of Fame in 2016. The CLDA is the nation’s largest logistics industry trade association. Chris has a B.S. degree in Business from SUNY Brockport. He currently resides in Saratoga Springs, New York.

I am thrilled to be part of the SCI team. I have had nothing but great experiences working with SCI as both a client and member of CLDA and I am looking forward to contributing my industry expertise to SCI’s already market-leading technical innovation.”

Peter Fidopiastis, President and General Counsel, states, “We are very excited to welcome Chris to our advisory board at SCI. His track record in this industry is unparalleled, and his vast experience is something of great value to SCI and the future of our business. Mr. Fidopiastis added: “Chris brings a unique perspective in the industry that SCI has never had before.”

About SCI

Subcontracting Concepts, LLC (SCI) is the premier Third-Party Administrator (3PA) servicing the logistics industry. SCI provides its customers with competitive insurance programs, settlement Processing, and personalized customer Service for logistics brokers. Building software and services that can keep up with the demand of the logistics industry has always been our focus. Furthermore, everyone at SCI is dedicated to knowing more about our customers’ needs and adapting to meet them. The SCI team is continually collaborating on new and exciting ways to streamline owner operator enrollment, document management, and verification. SCI combines technology, personal customer service, and years of knowledge and experience to create a one stop shop to ease the burden of owner operator management. For more information visit www.sciadmin.com

Contacts

Brent Pickerd

(800) 821-5344

brent@sciadmin.com

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Business Wire

Optiv Security Brings Cybersecurity Innovation to Dallas-Fort Worth

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Doubles North Texas Footprint

Accelerates Ability to Help Clients Optimize, Integrate, Innovate and Operationalize Cybersecurity

DALLAS–(BUSINESS WIRE)–#DallasOptiv Security, a security solutions integrator delivering end-to-end cybersecurity solutions across the globe, today announced the opening of its new Dallas Innovation and Fusion Center, a state-of-the-art, more than 14,000-square-foot facility located in the HALL Park complex in Frisco, Texas. The Center brings together a diverse team of cybersecurity experts – cyber digital and risk professionals, threat and innovation experts and others – working together with clients and industry partners to develop integrated, tailored and proactive cybersecurity solutions that address the speed of business change. Optiv’s investment in its new Innovation and Fusion Center doubles the company’s footprint in North Texas, and underscores Optiv’s commitment to helping global clients achieve success by optimizing, integrating, and operationalizing cybersecurity.

“The world continues to change and evolve at an accelerating pace, but the industry’s approach to cybersecurity has largely remained the same – a reactive approach where businesses respond to new external influences or requirements from the outside-in,” said Dan Burns, Optiv’s chief executive officer. “Our Dallas Innovation and Fusion Center accelerates our ability to provide businesses with a new approach that acknowledges and leverages the invention delivered by technology vendors, and then integrates and innovates how technology works together. Further enhanced with the innovation Optiv is developing, we are transforming the cybersecurity delivery and consumption model. This allows Optiv to reduce complexity and remove the symptoms that are roadblocks to business innovation. We are pleased to expand our capabilities in North Texas to better serve our clients and are looking forward to continuing our strategic investment in the region.”

Optiv’s new location features a state-of-the-art Advanced Fusion Center (AFC), an upgrade of the outdated security operations center (SOC) model. The AFC uses data analytics, machine learning, robotics, intelligence and automation capabilities – backed by skilled global cybersecurity experts. The AFC provides the foundation to deliver completely customizable solutions for each client based on the specific organization’s risk tolerance, business model, compliance requirements, and current technology investments.

“Optiv’s focus for the Center will be used to test, evaluate, and deliver new global cybersecurity solutions like our new Cyber-as-a-Service (CaaS™) offerings, it will also provide a global delivery center to grow cybersecurity talent and to provide integrated and innovative design services through workshops where Optiv global services experts work hand-in-hand with clients to design and build real-time custom solutions that address specific business problems and concerns,” said Chad Holmes, Optiv’s chief services and operations officer.

Holmes continued, “Optiv has also incorporated many of these innovations into our new Advanced Fusion Center and will continue to evolve our capabilities across all centers around the world. We are excited to empower locally based organizations and global clients with the ability to leverage the latest technology advances, giving them new choices relating to how they would like to consume cybersecurity services, and greater flexibility to manage their appropriate level of risk.”

Please visit our Website for more information about our cybersecurity solutions and capabilities.

Follow Optiv

Twitter: www.twitter.com/optiv

LinkedIn: www.linkedin.com/company/optiv-inc

Facebook: www.facebook.com/optivinc

YouTube: https://www.youtube.com/c/OptivInc

Blog: https://www.optiv.com/explore-optiv-insights/blog

Optiv Security: Who Secures Your Insecurity?™

Optiv is a security solutions integrator – a global, “one-stop” trusted partner with a singular focus on cybersecurity. Our end-to-end cybersecurity capabilities span risk management and transformation, cyber digital transformation, threat management, cyber operations, identity and data management, and integration and innovation, helping organizations realize stronger, simpler and more cost-efficient cybersecurity programs that support business requirements and outcomes. At Optiv, we are modernizing cybersecurity to enable clients to innovate their consumption models, integrate infrastructure and technology to maximize value, achieve measurable outcomes, and realize complete solutions and business alignment. For more information about Optiv, please visit us at www.optiv.com.

Contacts

Brett Ater

(913) 304-7683

Brett.ater@optiv.com

or

Jason Cook

(816) 701-3374

Jason.cook@optiv.com

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Business Wire

PPG Directors Approve 6 Percent Dividend Increase to 51 Cents Per Share

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PITTSBURGH–(BUSINESS WIRE)–The board of directors of PPG (NYSE:PPG) today approved a 3-cents-per-share increase in the company’s dividend, declaring a regular quarterly dividend of 51 cents per share, payable Sept. 12 to shareholders of record Aug. 12.

PPG’s prior quarterly dividend was 48 cents per share.

This marks the company’s 484th consecutive dividend payment. Through ongoing dedication and expertise of its workforce, the company has raised its annual dividend payout for 47 consecutive years and paid uninterrupted annual dividends since 1899.

PPG: WE PROTECT AND BEAUTIFY THE WORLD™

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for more than 135 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $15.4 billion in 2018. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

We protect and beautify the world is a trademark and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.

Contacts

PPG Media Contact:

Mark Silvey

Corporate Communications

+1-412-434-3046

silvey@ppg.com

PPG Investor Contact:

John Bruno

Investor Relations

+1-412-434-3466

jbruno@ppg.com

investor.ppg.com

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