First Trust/abrdn Emerging Opportunity Fund

Symbol: FEO

NYSE

9.58

USD

Market price today

  • -11.5422

    P/E Ratio

  • 0.0000

    PEG Ratio

  • 47.82M

    MRK Cap

  • 0.00%

    DIV Yield

First Trust/abrdn Emerging Opportunity Fund (FEO) Stock Price & Analysis

Shares Outstanding

4.99M

Gross Profit Margin

1.00%

Operating Profit Margin

1.06%

Net Profit Margin

1.06%

Return on Assets

-0.06%

Return on Equity

-0.06%

Return on Capital Employed

-0.06%

Company general description and statistics

Sector: Financial Services
Industry: Asset Management
CEO:Mr. Mark Bradley
Full-time employees:
City:Boston
Address:120 E Liberty Dr Ste 400

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.

General Outlook

In simple terms, First Trust/abrdn Emerging Opportunity Fund has 4.992 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 1.000% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is 1.063%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of 1.063%. This tells us they're good at keeping money after all costs.

Return on Investments

The company's asset efficiency, represented by a robust -0.055% return, is a testament to First Trust/abrdn Emerging Opportunity Fund's adeptness in optimizing resource deployment. First Trust/abrdn Emerging Opportunity Fund's utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of -0.056%. Furthermore, the proficiency of First Trust/abrdn Emerging Opportunity Fund in capital utilization is underscored by a remarkable -0.055% return on capital employed.

Stock Prices

First Trust/abrdn Emerging Opportunity Fund's stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $9.59, while its low point bottomed out at $9.55. This variance in figures offers investors a lucid insight into the roller-coaster ride that is First Trust/abrdn Emerging Opportunity Fund's stock market.
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Frequently Asked Question

How many company shares are outstanding in 2023?

There are stock number shares outstanding of First Trust/abrdn Emerging Opportunity Fund (FEO) on the NYSE in 2023.

What is P/E ratio of enterprise in 2023?

The current P/E ratio of enterprise is -11.542 in 2023.

What is the ticker symbol of First Trust/abrdn Emerging Opportunity Fund stock?

The ticker symbol of First Trust/abrdn Emerging Opportunity Fund stock is FEO.

What is company IPO date?

IPO date of First Trust/abrdn Emerging Opportunity Fund is 2006-08-29.

What is company current share price?

Current share price is 9.580 USD.

What is stock market cap today?

The market cap of stock today is 47821444.000.

What is PEG ratio in 2023?

The current 0.000 is 0.000 in 2023.

What is the number of employees in 2023?

In 2023 the company has 0.