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    First Trust/abrdn Emerging Opportunity Fund (FEO)

    Price:

    9.58 USD

    ( + 0.03 USD)

    Your position:

    0 USD

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    ABOUT
    Symbol
    FEO
    Name
    First Trust/abrdn Emerging Opportunity Fund
    Industry
    Asset Management
    Sector
    Financial Services
    Price
    9.580
    Market Cap
    47.821M
    Enterprise value
    71.508M
    Currency
    USD
    Ceo
    Mark Bradley
    Full Time Employees
    Ipo Date
    2009-01-01
    City
    Boston
    Address
    120 E Liberty Dr Ste 400

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    SIMILAR COMPANIES STI SCORE

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    RiverNorth Opportunities Fund, Inc.

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    Symbol
    RIV
    Market Cap
    260.923M
    Industry
    Asset Management
    Sector
    Financial Services
    FUNDAMENTALS
    P/E
    -11.542
    P/S
    -12.138
    P/B
    0.696
    Debt/Equity
    0.084
    EV/FCF
    7.676
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    -13.405
    Earnings yield
    -0.087
    Debt/assets
    0.077
    FUNDAMENTALS
    Net debt/ebidta
    -1.192
    Interest coverage
    -65.573
    Research And Developement To Revenue
    0
    Intangile to total assets
    0
    Capex to operating cash flow
    0
    Capex to revenue
    0
    Capex to depreciation
    0
    Return on tangible assets
    -0.055
    Debt to market cap
    0.121
    Piotroski Score
    FUNDAMENTALS
    PEG
    -0.115
    P/CF
    7.027
    P/FCF
    6.950
    RoA %
    -5.541
    RoIC %
    -5.543
    Gross Profit Margin %
    100.000
    Quick Ratio
    65.960
    Current Ratio
    65.960
    Net Profit Margin %
    106.317
    Net-Net
    -0.890
    FUNDAMENTALS PER SHARE
    FCF per share
    1.363
    Revenue per share
    -0.781
    Net income per share
    -0.830
    Operating cash flow per share
    1.363
    Free cash flow per share
    1.363
    Cash per share
    0.160
    Book value per share
    13.755
    Tangible book value per share
    13.755
    Shareholders equity per share
    13.755
    Interest debt per share
    1.162
    TECHNICAL
    52 weeks high
    9.640
    52 weeks low
    9.370
    Current trading session High
    9.590
    Current trading session Low
    9.560
    DIVIDEND
    Dividend yield
    11.5%
    Payout ratio
    -167%
    Years of div. Increase
    0
    Years of div.
    0
    Q-shift
    Dividend per share
    1.100
    SIMILAR COMPANIES
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.07530261%
    Payout Ratio
    73.39517%
    P/E
    7.239
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0.28554216%
    Payout Ratio
    43.982147999999995%
    P/E
    5.001
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0.045195997%
    Payout Ratio
    0%
    P/E
    -3.051
    DESCRIPTION

    First Trust-abrdn Emerging Opportunity Fund is a closed-ended balanced mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Aberdeen Asset Management Inc. The fund invests in public equity and fixed income markets of global emerging countries. It seeks to invest in the stocks of companies operating across the diversified sectors. For its fixed income component, the fund invests in government debt securities, corporate bonds, non investment-grade securities, asset-backed securities, credit-linked notes, and credit default swaps. It employs fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the Barclays Capital Global Emerging Markets Index, FTSE All World Emerging Market Index, and a blended index composed of JPMorgan Emerging Markets Bond Index - Global Diversified (32.5%); JPMorgan Government Bond Index - Emerging Markets (32.5%); MSCI Global Emerging Markets Index (35.0%). First Trust-abrdn Emerging Opportunity Fund was formed on August 28, 2006 and is domiciled in the United States.

    NEWS
    https://images.financialmodelingprep.com/news/weekly-closedend-fund-roundup-january-8-2023-20230117.jpg
    Weekly Closed-End Fund Roundup: January 8, 2023

    seekingalpha.com

    2023-01-17 08:02:32

    21 out of 22 CEF sectors were positive on price and 20 out of 22 sectors were positive on NAV last week. MLPs are the most discounted CEF sector.

    https://images.financialmodelingprep.com/news/weekly-closedend-fund-roundup-pimco-muni-cef-distribution-cuts-20230110.jpg
    Weekly Closed-End Fund Roundup: PIMCO Muni CEF Distribution Cuts (January 1, 2023)

    seekingalpha.com

    2023-01-10 12:58:49

    3 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. PIMCO muni CEFs cut.

    https://images.financialmodelingprep.com/news/weekly-closedend-fund-roundup-vfl-tender-results-december-18-20221227.jpg
    Weekly Closed-End Fund Roundup: VFL Tender Results (December 18, 2022)

    seekingalpha.com

    2022-12-27 23:19:43

    2 out of 23 CEF sectors were positive on price and 2 out of 23 sectors were positive on NAV last week. VFL offers tender results.

    https://images.financialmodelingprep.com/news/feo-liquidation-approaches-20221205.jpg
    FEO: Liquidation Approaches

    seekingalpha.com

    2022-12-05 13:14:18

    FEO has ceased trading and will liquidate this week. We discussed a possible arbitrage strategy with our members last week.

    https://images.financialmodelingprep.com/news/weekly-closedend-fund-roundup-tortoise-tender-results-ncz-resumes-20221115.jpg
    Weekly Closed-End Fund Roundup: Tortoise Tender Results, NCZ Resumes Distributions (November 6, 2022)

    seekingalpha.com

    2022-11-15 12:59:04

    12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.

    https://images.financialmodelingprep.com/news/weekly-closedend-fund-roundup-tortoise-tender-offers-expiring-october-20221101.jpg
    Weekly Closed-End Fund Roundup: Tortoise Tender Offers Expiring (October 23, 2022)

    seekingalpha.com

    2022-11-01 12:51:54

    16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises.

    https://images.financialmodelingprep.com/news/weekly-closedend-fund-roundup-blackrock-cefs-repurchasing-shares-october-16-20221024.jpg
    Weekly Closed-End Fund Roundup: BlackRock CEFs Repurchasing Shares (October 16, 2022)

    seekingalpha.com

    2022-10-24 12:22:08

    0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares.

    https://images.financialmodelingprep.com/news/feo-to-liquidate-20221004.jpg
    FEO To Liquidate

    seekingalpha.com

    2022-10-04 00:39:20

    FEO will liquidate in December. Saba appears to be the driving force, again.

    https://images.financialmodelingprep.com/news/first-trust-aberdeen-emerging-opportunity-fund-starving-for-yield-20220929.jpg
    First Trust Aberdeen Emerging Opportunity Fund: Starving For Yield

    seekingalpha.com

    2022-09-29 13:54:29

    I am hesitant about this fund because of the lower discount to NAV, and because the fund invests in corporate/sovereign debt. The dividend yield for this fund is very attractive, but its 10 year performance has not been favorable.

    https://images.financialmodelingprep.com/news/first-trust-announces-name-changes-for-first-trustaberdeen-global-20220628.jpg
    First Trust Announces Name Changes for First Trust/Aberdeen Global Opportunity Income Fund and First Trust/Aberdeen Emerging Opportunity Fund

    businesswire.com

    2022-06-28 09:20:00

    WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”) announced today that the Board of Trustees of First Trust/Aberdeen Global Opportunity Income Fund (NYSE: FAM) and First Trust/Aberdeen Emerging Opportunity Fund (NYSE: FEO) (each, a “Fund”) approved name changes for the Funds as follows: Fund(s) New Name First Trust/Aberdeen Global Opportunity Income Fund (FAM) First Trust/abrdn Global Opportunity Income Fund First Trust/Aberdeen Emerging Opportunity Fund (FEO) First Trus

    https://images.financialmodelingprep.com/news/feo-hybrid-em-fund-10-yield-but-a-value-20220609.jpg
    FEO - Hybrid EM Fund, 10% Yield But A Value Destruction Tool

    seekingalpha.com

    2022-06-09 03:40:15

    FEO is a hybrid emerging markets closed-end fund that invests in both equity and fixed income. The fund has had a horrendous 2022, being down more than -28% on a total return basis year to date.

    https://images.financialmodelingprep.com/news/first-trust-announces-additional-considerations-for-the-first-trustaberdeen-20220318.jpg
    First Trust Announces Additional Considerations for the First Trust/Aberdeen Global Opportunity Income Fund and First Trust/Aberdeen Emerging Opportunity Fund Relating to the Russia/Ukraine Conflict

    businesswire.com

    2022-03-18 16:10:00

    WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announced today additional considerations for the First Trust/Aberdeen Global Opportunity Income Fund (NYSE: FAM) and First Trust/Aberdeen Emerging Opportunity Fund (NYSE: FEO) (each a “Fund” and collectively, the “Funds”) relating to the February 2022 Russian invasion of Ukraine. The conflict between these two countries, including the announcement of sanctions against Russia by various countries, has negatively affected the valu

    https://images.financialmodelingprep.com/news/first-trustaberdeen-emerging-opportunity-fund-provides-both-equity-and-20220127.jpg
    First Trust/Aberdeen Emerging Opportunity Fund Provides Both Equity And Debt Exposure

    seekingalpha.com

    2022-01-27 09:30:00

    First Trust/Aberdeen Emerging Opportunity Fund Provides Both Equity And Debt Exposure

    https://images.financialmodelingprep.com/news/first-trust-advisors-lp-announces-portfolio-manager-update-for-20210920.jpg
    First Trust Advisors L.P. Announces Portfolio Manager Update for First Trust/Aberdeen Global Opportunity Income Fund and First Trust/Aberdeen Emerging Opportunity Fund

    businesswire.com

    2021-09-20 16:30:00

    WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announced today that Aberdeen Standard Investments Inc. ("Aberdeen"), investment sub-advisor for First Trust/Aberdeen Global Opportunity Income Fund (NYSE: FAM) and First Trust/Aberdeen Emerging Opportunity Fund (NYSE: FEO) (each a "Fund" or collectively, the "Funds"), will release an update on the market and the Funds for financial professionals and investors. The update will be available Wednesday, September 22, 2021, at 5:00 P

    https://images.financialmodelingprep.com/news/first-trustaberdeen-emerging-opportunity-fund-declares-its-quarterly-distribution-20210913.jpg
    First Trust/Aberdeen Emerging Opportunity Fund Declares its Quarterly Distribution of $0.35 Per Share

    businesswire.com

    2021-09-13 16:30:00

    WHEATON, Ill.--(BUSINESS WIRE)--First Trust/Aberdeen Emerging Opportunity Fund (the "Fund") (NYSE: FEO) has declared a long-term capital gain distribution of $0.35 per share. The distribution will be payable on September 30, 2021, to shareholders of record as of September 23, 2021. The ex-dividend date is expected to be September 22, 2021. The quarterly distribution information for the Fund appears below. First Trust/Aberdeen Emerging Opportunity Fund (FEO):   Distribution per share: $0.35 Dist

    https://images.financialmodelingprep.com/news/first-trustaberdeen-emerging-opportunity-fund-declares-its-quarterly-distribution-20210610.jpg
    First Trust/Aberdeen Emerging Opportunity Fund Declares its Quarterly Distribution of $0.35 Per Share

    businesswire.com

    2021-06-10 16:38:00

    WHEATON, Ill.--(BUSINESS WIRE)--First Trust/Aberdeen Emerging Opportunity Fund (the "Fund") (NYSE: FEO) has declared the Fund's regularly scheduled quarterly distribution of $0.35 per share. The distribution will be payable on June 30, 2021, to shareholders of record as of June 23, 2021. The ex-dividend date is expected to be June 22, 2021. The quarterly distribution information for the Fund appears below. First Trust/Aberdeen Emerging Opportunity Fund (FEO):           Distribution per share: