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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

Thales Named a Market Leader in KuppingerCole Analysts Leadership Compass for Identity-as-a-Service Access Management

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  • Thales recognized for global reach, number of customers and partner ecosystem
  • Positive ratings for innovativeness, interoperability, market position, security and usability

PARIS LA DÉFENSE, France–(BUSINESS WIRE)–Thales today announced that it has been positioned as a Market Leader in the 2019 KuppingerCole Leadership Compass for Identity-as-a-Service (IDaaS) Access Management.

The report recognized Thales, through its SafeNet Trusted Access offer, as a market leader in terms of the number of customers, partner ecosystem, and global reach in the IDaaS Access Management market. KuppingerCole’s Leadership Compass takes a thorough look at the overall IDaaS Access Management industry, provides in-depth analysis of the main players in the market, and rates vendors on innovation, product features, and market reach.

“With a strong global presence, SafeNet Trusted Access presents a flexible solution based on standards and, in addition, agents as a service to cater to the access management requirements of organizations with broad contextual authentication needs,” said Martin Kuppinger, founder and principal analyst, KuppingerCole. “Organizations with common IDaaS Access Management requirements should consider SafeNet Trusted Access on their shortlist, specifically when having a need for strong MFA support and flexible authentication policies.”

KuppingerCole recognized SafeNet Trusted Access for its “wide range of authentication factors combined with broad support for contextual attributes to deliver risk adaptive authentication along with some access management functions targeted at B2B, B2E and G2C market segments.” In addition, the report highlighted the global presence for SafeNet Trusted Access and recommended that organizations “should consider SafeNet Trusted Access on their shortlist, specifically when having a need for strong MFA support and flexible authentication policies.”

The KuppingerCole report rated Thales as “strong positive” or “positive” for:

  • Financial Strength
  • Functionality
  • Innovativeness
  • Interoperability
  • Market Position
  • Security
  • Usability

As enterprises increasing move their applications and data to the cloud, access management is increasingly seen as the solution to help simplify cloud access and mitigate the threat of data breaches. According to recent research from Thales, almost half of businesses believe cloud applications make them a target for cyber-attacks. Surveying 1,050 IT decision makers globally, Thales’ 2019 Access Management Index1 revealed that cloud applications (49%) are listed among the top three reasons an organization might be attacked, just behind unprotected infrastructure such as IoT devices (54%) and web portals (50%).

“Thales is honored to be listed a market leader in the 2019 KuppingerCole Leadership Compass report,” said François Lasnier, Vice President for Access Management solutions at Thales. “This validation demonstrates the strength, reach and innovation of SafeNet Trusted Access in meeting the security, compliance requirements and end user needs of organizations that are embracing the cloud for their mission-critical applications and IT infrastructure.”

Thales’ global market leadership position comes from more than two decades of innovation in the access management and authentication market. SafeNet Trusted Access is a cloud-based access management solution that combines the convenience of single sign-on (SSO) with granular access security controls and adaptive authentication. By validating identities, enforcing access policies and applying Smart SSO, SafeNet Trusted Access helps organizations ensure secure, convenient access to cloud applications, prevent data breaches and simplify compliance.

Download the full KuppingerCole Leadership Compass for IDaaS Acess Management.

1The 2019 Access Management Index, is a survey of 1050 executives in 11 countries with responsibility for, or influence over, IT and data security. The survey, reporting and analysis was conducted by Vanson Bourne, commissioned by Thales.

Contacts

Thales, Media Relations
Security
Constance Arnoux

+33 (0)1 57 77 91 58

constance.arnoux@thalesgroup.com

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Business Wire

Juniper Research: Mobile Financial Services’ Transactions to Exceed $1 Trillion in Emerging Markets by 2024

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Includes Mobile Money Transfer, Microloans, Microsavings and Microinsurance

BASINGSTOKE, England–(BUSINESS WIRE)–#emerging–A new study from Juniper Research found that the total transaction value of the MFS (Mobile Financial Services) market will exceed $1 trillion by 2024; rising from $580 billion in 2019. This is a growth of 70%. The research identified a range of untapped opportunities in Latin America for services such as microfinance, microloans and money transfer, as a key driver of MFS growth over the next five years.

For more insights on Mobile Financial Services in Emerging Markets, download our free whitepaper: The $1 Trillion Opportunity ~ Mobile Financial Services in Emerging Markets.

Latin America – the Underserved Opportunity

The new research, Mobile Financial Services in Emerging Markets: Monetisation Models & Market Forecasts 2019-2024, forecasts that the total number of users accessing MFS in Latin America will grow 20% on average annually over the next five years. This is predicted to grow twice as fast as saturated markets such as Africa & Middle East. In response, it urged MFS vendors to leverage existing experience to launch services in this underserved market.

It also forecasts that the number of MFS users in all emerging markets will reach 1.2 billion by 2024; growing from 890 million in 2019. Africa & Middle East will account for over 600 million users alone by 2024; owing to the high reliance on mobile devices for banking services.

Cash In, Cash Out to Account for Half of Overall MFS Value by 2024

The research found that CICO (Cash In, Cash Out) transactions will be the largest driver of growth for the MFS market; exceeding a value of $590 billion by 2024. CICO allows users to access traditional banking services, such as deposits and withdrawals, via mobile devices.

The report urged MFS providers to expand their agent networks to rapidly grow customer bases. It also forecasts that fostering confidence amongst users for CICO transactions will lead to uptake of more comprehensive MFS products, such as microloans and microinsurance, in the future.

Juniper Research provides research and analytical services to the global hi-tech communications sector; providing consultancy, analyst reports and industry commentary.

Contacts

For further details please contact

Sam Smith, Press Relations

T: +44(0)1256 830002

E: sam.smith@juniperresearch.com

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Business Wire

Broadband Forum Reimagines Services Deployment and Orchestration With Exclusive CloudCO Demonstration at Broadband World Forum 2019

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The first-of-its-kind demonstration is sponsored by Swisscom, BT, and TIM and will showcase zero touch service provisioning of a multi-vendor access network

AMSTERDAM–(BUSINESS WIRE)–#Cloud–As service providers look to introduce new network technologies to accelerate new services deployment with minimal risk, Broadband Forum will demonstrate the latest developments in its Cloud Central Office (CloudCO) and Open Broadband – Broadband Access Abstraction (OB-BAA) initiatives at Broadband World Forum (BBWF) 2019.

CloudCO is a recasting of the Central Office hosting infrastructure that utilizes Software Defined Networking (SDN), Network Functions Virtualization (NFV) and Cloud technologies to support network functions for broadband services. Within this, OB-BAA specifies Northbound Interfaces (NBI), Core Components and Southbound Adaptation Interfaces (SAI) for functions associated with access network devices that have been virtualized, facilitating co-existence and seamless migration.

The first-of-its-kind demonstration of both initiatives at BBWF 2019 will leverage a combination of SDN automation and virtualization, open source innovation and Broadband Forum’s Open Broadband Labs (OB-Labs) infrastructure. This will show zero touch service provisioning of a multi-vendor access network containing NETCONF/YANG and SNMP access nodes via standard and vendor specific adapters, all through a single portal. It will also take advantage of major enhancements to Broadband Forum’s OB-BAA open source project and a soon-to-be-released new Application Note, APPN-446 – ONAP and CloudCO integration for Residential Broadband HSIA Service.

“The CloudCO and OB-BAA demonstration will represent a radical recasting of services deployment and orchestration to the benefit of the industry,” said Geoff Burke, Chief Marketing Officer at Broadband Forum. “CloudCO and OB-BAA are among our Open Broadband initiatives which aim to advance network migration to cloud-based broadband infrastructures and help service providers realize the possibilities of SDN and NFV. This demonstration will highlight the innovative work of the global Open Broadband Labs and the benefits of industry-wide collaboration and interoperability.”

Specifically, the demo illustrates a multi-vendor network use case in which a customer making a service request has the service created and activated by the service provider, only then to relocate to a new location and find the service seamlessly reactivated. This will show a plethora of benefits which are available to service providers through CloudCO, including reductions in the costs of validating, engineering, and improving operation of services.

BT, Swisscom, and TIM will sponsor the demonstration, reinforcing the important role open standards have to play in operators’ future networks.

Kevin Foster, Head of Broadband Technical Standards for BT, said: “CloudCO and OB-BAA will underpin an ability to create a ‘pick & mix’ access network constructed from different technologies and vendors thereby improving operational effectiveness, customer experience, and ensuring easier migration from legacy technologies and services.”

David Pérez Caparrós, Lead DevOps Engineer at Swisscom, said: “With CloudCO and OB-BAA, we will be able to evolve our access network with new technologies at a faster pace, with lower integration costs and higher customer satisfaction through faster response.”

Mauro Tilocca, Access Network Automation expert and Broadband Forum delegate at TIM, added: “CloudCO and OB-BAA, will improve the agility of net ops and maintenance, and enable open programmable interfaces to improve our service portfolio. This demonstration will show zero touch service provisioning of a multi-vendor access network containing NETCONF/YANG and SNMP access nodes via standard and vendor specific adapters, all through a single portal and ONAP operating as CloudCO Orchestrator as well as End-to-End Service Orchestrator.”

Access vendors participating in the demonstration include Nokia, Altice Labs, and DZS which will all leverage an OB-Labs infrastructure enabled by The European Advanced Networking Test Center (EANTC), The University of New Hampshire InterOperability Laboratory (UNH-IOL) and VMware. The demonstration will take place during exhibition hours in the Broadband Forum / Open Broadband Interop Pavilion (A40). In addition, a one-hour session – “Deep Dive on OB-BAA: Managing Multi-Vendor SDN Broadband Networks” – will be hosted by Ovum Principal Analyst Julie Kunstler in the Broadband World News Theater on the exhibition floor starting at 11.15am on 16 October. Participants will include service provider TIM, access vendors Altice Labs, DZS, and Nokia, and OB-Lab enablers EANTC, UNH-IOL, and VMware.

Broadband World Forum 2019 takes place from Tuesday, October 15 to Thursday, October 17, at the RAI, Amsterdam, the Netherlands. For more information, please visit: https://tmt.knect365.com/bbwf/.

About Broadband Forum

Broadband Forum is the communications industry’s leading organization focused on accelerating broadband innovation, standards, and ecosystem development. Our passion – delivering on the promise of broadband by enabling smarter and faster broadband networks and a thriving broadband ecosystem.

Broadband Forum is an open, non-profit industry organization composed of the industry’s leading broadband operators, vendors, thought leaders who are shaping the future of broadband, and observers who closely track our progress. Its work to date has been the foundation for broadband’s global proliferation and innovation. For example, the Forum’s flagship TR-069 CPE WAN Management Protocol has nearly 1 billion installations worldwide.

Broadband Forum’s projects span across 5G, Connected Home, Cloud, and Access. Its working groups collaborate to define best practices for global networks, enable new revenue-generating service and content delivery, establish technology migration strategies, and engineer critical device, service & development management tools in the home and business IP networking infrastructure. We develop multi-service broadband packet networking specifications addressing architecture, device and service management, software data models, interoperability and certification in the broadband market.

Our free technical reports and white papers can be found at https://www.broadband-forum.org/.

Follow us on Twitter @Broadband_Forum and LinkedIn.

For more information about the Broadband Forum, please go to https://www.broadband-forum.org or follow @Broadband_Forum on Twitter. For further information please contact Brian Dolby on +44 (0) 7899 914168 or brian.dolby@proactive-pr.com or Jayne Brooks on +44 (0) 1636 704 888 or jayne.brooks@proactive-pr.com

Contacts

Brian Dolby on +44 (0) 7899 914168 or brian.dolby@proactive-pr.com or Jayne Brooks on +44 (0) 1636 704 888 or jayne.brooks@proactive-pr.com

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