Amended Statement of Beneficial Ownership (sc 13d/a)
May 05 2021 - 4:18PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SCHEDULE
13D/A
(Rule
13d-101)
INFORMATION
TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO
§ 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
§ 240.13d-2(a)
(Amendment
No. 14) 1
First
Trust/Aberdeen Global Opportunity Income Fund
(Name
of Issuer)
Common
Stock
(Title
of Class of Securities)
337319107
(CUSIP
Number)
Jodi
Hedberg, Chief Compliance Officer
Karpus
Management, Inc.
d/b/a
Karpus Investment Management
183
Sully’s Trail
Pittsford,
New York 14534
(585)
586-4680
Adam
W. Finerman, Esq.
Olshan
Frome Wolosky LLP
1325
Avenue of the Americas
New
York, New York 10019
(212)
451-2300
(Name,
Address and Telephone Number of Person
Authorized
to Receive Notices and Communications)
May
3, 2021
(Date
of Event which Requires Filing of this Statement)
If
the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this
Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following
box. ☒
Note:
Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See
§240.13d-7 for other parties to whom copies are to be sent.
______________
1
The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect
to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided
in a prior cover page.
The
information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18
of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP
No. 337319107
|
13D
|
Page
2 of 6 Pages
|
1.
|
|
NAME
OF REPORTING PERSON
Karpus
Investment Management
|
|
|
2.
|
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
|
(a)
☒
(b)
☐
|
3.
|
|
SEC
USE ONLY
|
|
|
4.
|
|
SOURCE
OF FUNDS
WC
|
|
|
5.
|
|
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
|
☐
|
6.
|
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
New
York
|
|
|
|
|
|
|
|
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
|
7.
|
|
SOLE
VOTING POWER
1,154,322
Shares
|
|
8.
|
|
SHARED
VOTING POWER
0
Shares
|
|
9.
|
|
SOLE
DISPOSITIVE POWER
1,201,451
Shares
|
|
10.
|
|
SHARED
DISPOSITIVE POWER
0
Shares
|
|
|
|
|
|
11.
|
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,201,451
Shares
|
|
|
12.
|
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
|
☐
|
13.
|
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.85%
|
|
|
14.
|
|
TYPE
OF REPORTING PERSON
IA
|
|
|
CUSIP
No. 337319107
|
13D
|
Page
3 of 6 Pages
|
The
following constitutes Amendment No. 14 to the Schedule 13D filed by the undersigned (“Amendment No. 14”). This
Amendment No. 14 amends the Schedule 13D as specifically set forth herein.
|
Item
2.
|
Identity
and Background.
|
Item
2(a) is hereby amended and restated to read as follows:
(a) This
statement is filed by:
(i) Karpus
Management, Inc., d/b/a Karpus Investment Management (“Karpus”). Karpus is a registered investment adviser under Section
203 of the Investment Advisers Act of 1940. Karpus is controlled by City of London Investment Group plc (“CLIG”), which
is listed on the London Stock Exchange. However, in accordance with SEC Release No. 34-39538 (January 12, 1998), effective informational
barriers have been established between Karpus and CLIG such that voting and investment power over the subject securities is exercised
by Karpus independently of CLIG, and, accordingly, attribution of beneficial ownership is not required between Karpus and CLIG.
The shares to which this Amendment No. 14 relates are owned directly by the accounts managed by Karpus;
Set
forth on Schedule A annexed hereto (“Schedule A”) is the name and present principal
business, occupation or employment and the name, principal business and address of any corporation or other organization in
which such employment is conducted of the executive officers and directors of Karpus. To the best of the Reporting
Persons’ knowledge, except as otherwise set forth on Schedule A, none of the persons listed on Schedule
A beneficially owns any securities of the Issuer or is a party to any contract, agreement or understanding required
to be disclosed herein.
|
Item
3.
|
Source
and Amount of Funds or Other Consideration.
|
Item
3 is hereby amended and restated to read as follows:
Karpus,
an independent registered investment advisor, has accumulated 1,201,451 Shares on behalf of accounts that are managed by Karpus
(the “Accounts”) under limited powers of attorney, which represents 11.85% of the outstanding Shares. All funds that
have been utilized in making such purchases for the Accounts (which are open market purchases unless otherwise noted) are from
such Accounts.
The
aggregate purchase price of the 1,201,451 Shares beneficially owned by Karpus Investment Management is approximately $12,133,439,
excluding brokerage commissions. Such Shares were purchased with working capital (which may at any given time, include margin
loans made by brokerage firms in the ordinary course of business) in open market purchases except as otherwise noted.
CUSIP
No. 337319107
|
13D
|
Page
4 of 6 Pages
|
|
Item
5.
|
Interest
in Securities of the Issuer.
|
Item
5A. is hereby amended and restated to read as follows:
The
aggregate percentage of Shares reported owned by each Reporting Person is based upon 10,136,829 Shares outstanding, as
indicated on the Issuer’s Schedule TO-1/A filed on February 17, 2021.
|
A.
|
Karpus
Investment Management
|
|
(a)
|
As
of the close of business on May 3, 2021, Karpus Investment Management beneficially owned the 1,201,451 Shares held in
the Accounts.
|
Percentage:
Approximately 11.85%
|
(b)
|
1. Sole power to vote or direct vote: 1,154,322
|
|
2. Shared power to vote or direct vote: 0
|
|
3. Sole power to dispose or direct the disposition:
1,201,451
|
|
4. Shared power to dispose or direct the disposition:
0
|
|
(c)
|
The
transactions in the Shares by Karpus since
the filing of the Schedule 13D, Amendment No. 13 on April 26, 2021, are set forth in Schedule
B and incorporated herein by reference.
|
The
filing of this Schedule 13D shall not be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of
the Securities Exchange Act of 1934, as amended, the beneficial owners of any securities of the Issuer that it does not
directly own. Each of the Reporting Persons specifically disclaims beneficial ownership of the securities reported herein that it does not directly own.
CUSIP
No. 337319107
|
13D
|
Page
5 of 6 Pages
|
SIGNATURES
After
reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth
in this statement is true, complete and correct.
|
KARPUS
MANAGEMENT, INC.
|
|
|
Dated: May
5, 2021
|
By:
|
/s/ Jodi
Hedberg
|
|
|
Name: Jodi Hedberg
Title: Chief Compliance Officer
|
|
|
|
|
|
CUSIP
No. 337319107
|
13D
|
Page
6 of 6 Pages
|
SCHEDULE
A
Executive
Officers & Directors of Karpus Management, Inc., d/b/a Karpus Investment Management
Name
|
Position & Present Principal Occupation
|
Business Address
|
Shares Owned
|
Kathleen Finnerty Crane
|
Chief Financial Officer
|
183 Sully’s Trail, Pittsford, New York 14534
|
0 Shares
|
Dana R. Consler
|
Executive Vice President
|
183 Sully’s Trail, Pittsford, New York 14534
|
910 Shares
|
Thomas M. Duffy
|
Senior Vice President and Director of Operations
|
183 Sully’s Trail, Pittsford, New York 14534
|
0 Shares
|
Jodi
L. Hedberg
|
Chief
Compliance Officer
|
183 Sully’s Trail, Pittsford, New York 14534
|
0 Shares
|
Daniel L. Lippincott
|
Chief Investment Officer
and President
|
183 Sully’s Trail, Pittsford, New York 14534
|
0 Shares
|
Marijoyce Ryan
|
Senior Vice President
|
183 Sully’s Trail, Pittsford, New York 14534
|
0 Shares
|
Thomas Wayne Griffin
|
Director
|
1125 Airport Road, Coatesville, PA 19320
|
0 Shares
|
Carlos Manuel Yuste
|
Director
|
1125 Airport Road, Coatesville, PA 19320
|
0 Shares
|
SCHEDULE
B
Transactions
in the Shares since
the filing of the Schedule 13D, Amendment No. 13 on April 26, 2021
Nature
of the Transaction
|
Securities
Purchased/(Sold)
|
Price
Per
Share($)
|
Date
of
Purchase
/ Sale
|
KARPUS
MANAGEMENT, INC., D/B/A/ KARPUS INVESTMENT MANAGEMENT
(THROUGH THE ACCOUNTS)
Sale
of Common Stock
|
(11,169)
|
$10.12
|
4/23/2021
|
Sale
of Common Stock
|
(19,096)
|
$10.13
|
4/26/2021
|
Sale
of Common Stock
|
(32,563)
|
$10.16
|
4/27/2021
|
Sale
of Common Stock
|
(8,175)
|
$10.20
|
4/28/2021
|
Sale
of Common Stock
|
(6,613)
|
$10.18
|
4/29/2021
|
Sale
of Common Stock
|
(9,910)
|
$10.17
|
4/30/2021
|
Sale
of Common Stock
|
(38,100)
|
$10.10
|
5/3/2021
|
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