Niel Nielson - FAM Lead Independent Trustee
| FAM Etf | USD 6.74 0.00 0.00% |
Dr. Niel B. Nielson, Ph.D., is Independent Trustee of First TrustAberdeen Global Opportunity Income Fund. He has served as the President and Chief Executive Officer of Dew Learning LLC since 2012. Mr. Nielson formerly served as President of Covenant College, and as a partner and trader for Ritchie Capital Markets Group, where he held an administrative management position at this proprietary derivatives trading company. He also held prior positions in new business development for ServiceMaster Management Services Company, and in personnel and human resources for NationsBank of North Carolina, N.A. and Chicago Research and Trading Group, Ltd. . His international experience includes serving as a director of CRT Europe, Inc. for two years, directing out of London all aspects of business conducted by the U.K. and European subsidiary of CRT. Prior to that, Mr. Nielson was a trader and manager at CRT in Chicago. Mr. Nielson has served as a Trustee of each Fund since its inception and of the First Trust Funds since 1999. Mr. Nielson has also served as Chairman of the Audit Committee, Chairman of the Nominating and Governance Committee, Lead Independent Trustee and Chairman of the Valuation Committee of the First Trust Funds. He currently serves as Chairman of the Audit Committee of the First Trust Funds.
| Age | 66 |
| Tenure | 4 years |
| Phone | 630-765-8000 |
| Web | https://www.ftportfolios.com/Retail/cef/CEFsummary.aspx?Ticker=FAM |
FAM Management Efficiency
The company has Return on Asset of 2.41 % which means that on every $100 spent on assets, it made $2.41 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (34.62) %, meaning that it generated no profit with money invested by stockholders. FAM's management efficiency ratios could be used to measure how well FAM manages its routine affairs as well as how well it operates its assets and liabilities.FAM has 31.8 M in debt with debt to equity (D/E) ratio of 0.47, which is OK given its current industry classification. FAM has a current ratio of 0.14, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist FAM until it has trouble settling it off, either with new capital or with free cash flow. So, FAM's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like FAM sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for FAM to invest in growth at high rates of return. When we think about FAM's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | -34.62 | |||
| Return On Asset | 2.41 |
FAM Money Managers
| James Bowen, Chairman of the Board of Trustee, Chief Executive Officer | ||
| Richard Erickson, Lead Independent Trustee | ||
| Niel Nielson, Lead Independent Trustee | ||
| Robert Keith, Lead Independent Trustee | ||
| James Dykas, Chief Financial Officer, Chief Accounting Officer, Treasurer | ||
| Denise Keefe, Trustee | ||
| Kristi Maher, Chief Compliance Officer and Assistant Secretary | ||
| Daniel Lindquist, Vice President | ||
| Donald Swade, Chief Financial Officer, Chief Accounting Officer, Treasurer | ||
| Thomas Kadlec, Independent Trustee | ||
| W Jardine, Secretary, Chief Legal Officer |
FAM Etf Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right etf is not an easy task. Is FAM a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -34.62 | |||
| Return On Asset | 2.41 | |||
| Operating Margin | 76.07 % | |||
| Current Valuation | 84.74 M | |||
| Shares Outstanding | 10.14 M | |||
| Shares Owned By Insiders | 18.43 % | |||
| Shares Owned By Institutions | 34.71 % | |||
| Number Of Shares Shorted | 5.58 K | |||
| Price To Earning | 14.79 X | |||
| Price To Book | 0.51 X |
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The market value of FAM is measured differently than its book value, which is the value of FAM that is recorded on the company's balance sheet. Investors also form their own opinion of FAM's value that differs from its market value or its book value, called intrinsic value, which is FAM's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FAM's market value can be influenced by many factors that don't directly affect FAM's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FAM's value and its price as these two are different measures arrived at by different means. Investors typically determine if FAM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FAM's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.