First Trust/abrdn Global Opportunity Income Fund Increases its Monthly Common Share Distribution to $0.06 Per Share for June

First Trust/abrdn Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has increased its regularly scheduled monthly common share distribution to $0.06 per share from $0.0525 per share. The distribution will be payable on June 15, 2023, to shareholders of record as of June 2, 2023. The ex-dividend date is expected to be June 1, 2023. The monthly distribution information for the Fund appears below.

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

Distribution per share:

$0.06

Distribution Rate based on the May 19, 2023 NAV of $6.67:

10.79%

Distribution Rate based on the May 19, 2023 closing market price of $5.71:

12.61%

Increase from previous distribution of $0.0525:

14.29%

This distribution will consist of net investment income earned by the Fund and return of capital and may also consist of realized capital gains. The final determination of the source and tax status of all distributions paid in 2023 will be made after the end of 2023 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 $194 billion as of April 30, 2023 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.