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First Trust/aberdeen Global Oppoome (First Trust/aberdeen Global Oppoome) Selling, General, & Admin. Expense : $0.35 Mil (TTM As of Dec. 2023)


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What is First Trust/aberdeen Global Oppoome Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. First Trust/aberdeen Global Oppoome's selling, general, & admin. expense for the six months ended in Dec. 2023 was $0.16 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was $0.35 Mil.


First Trust/aberdeen Global Oppoome Selling, General, & Admin. Expense Historical Data

The historical data trend for First Trust/aberdeen Global Oppoome's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Trust/aberdeen Global Oppoome Selling, General, & Admin. Expense Chart

First Trust/aberdeen Global Oppoome Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 0.50 0.82 0.50 0.33 0.35

First Trust/aberdeen Global Oppoome Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.17 0.16 0.19 0.16

Competitive Comparison of First Trust/aberdeen Global Oppoome's Selling, General, & Admin. Expense

For the Asset Management subindustry, First Trust/aberdeen Global Oppoome's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Trust/aberdeen Global Oppoome's Selling, General, & Admin. Expense Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust/aberdeen Global Oppoome's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where First Trust/aberdeen Global Oppoome's Selling, General, & Admin. Expense falls into.



First Trust/aberdeen Global Oppoome Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.35 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Trust/aberdeen Global Oppoome  (NYSE:FAM) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


First Trust/aberdeen Global Oppoome Selling, General, & Admin. Expense Related Terms

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First Trust/aberdeen Global Oppoome (First Trust/aberdeen Global Oppoome) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust/aberdeen Global Oppo Income is a United States-based diversified, closed-end management investment company. The fund's primary investment objective is to seek a high level of current income while its secondary objective is to seek capital appreciation. The fund seeks to achieve these objectives by investing its managed assets in the world bond markets through a diversified portfolio of investment-grade and below-investment-grade government and corporate debt securities.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Jaclyn Marie Matsick other: Director-Investment Advisor C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Marika Tooze director C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Thomas R Kadlec director C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer-Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
George W Karpus other: See Explanation of Responses
Scott Michael Friske other: Officer-Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Mickey Janvier other: Director of Sub-Adviser C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
James Joseph O'connor other: Director of Sub-Adviser C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Joseph Andolina other: Officer-Investment Sub-Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534
Chris Demetriou other: Officer-Invest. Sub-Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Robert F Keith director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Ralph Bassett other: Officer-Investment Sub-Advisor 1735 MARKET ST., 32ND FLOOR, PHILADELPHIA PA 19103

First Trust/aberdeen Global Oppoome (First Trust/aberdeen Global Oppoome) Headlines

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