First Trust/Aberdeen Global Opportunity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's primary investment objective is to seek a high level of current income. As a secondary objective, the Fund seeks capital appreciation. The Fund invests its managed assets in the world bond markets through a diversified portfolio of investment-grade and below-investment-grade government and corporate debt securities. The Fund may invest up to 60% of its managed assets in non-investment-grade securities. Non-investment-grade securities are rated below Baa3 by Moody's Investors Service, Inc., below BBB- by Standard & Poor's, or comparably rated by another statistical rating organization, or if unrated, determined by the sub-advisor to be of comparable credit quality. It may invest up to 35% of its managed assets in credit linked notes. The Fund's investment advisor is First Trust Advisors L.P. Its sub-advisor is Aberdeen Asset Management Inc.