On October 23, 2020, Karpus Management, Inc. announced that on October 22, 2020, it submitted to First Trust/Aberdeen Global Opportunity Income Fund a non-binding proposal pursuant to Rule 14a-8 promulgated under the Securities Exchange Act of 1934, as amended. Karpus Management stated that the proposal requests that the Board promptly consider authorizing a self-tender offer for all the outstanding common shares of the Company at or close to net asset value and, if more than 50% of the Company’s outstanding common shares are tendered, the tender offer should be cancelled and the Company should take steps necessary to merge, or convert the Fund to an open-end mutual fund or exchange traded fund.