FEO: First Trust/abrdn Emerging Opportunity Fund - Summary | Jitta

First Trust/abrdn Emerging Opportunity Fund

NYSE:FEO

Price
$8.78
Loss Chance
51.0%
3.77JITTA SCORE
237.77%Over Jitta Line
Jitta Ranking
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HISTORICAL JITTA SCORE
Related
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Jitta Factors
Growth Opportunity (17)
Recent Business Performance (26)
Financial Strength (72)
Return to Shareholders (12)
Competitive Advantage (30)
Jitta Signs
Debt LevelLow Long Term Debt
Share RepurchaseEvery Year
CapExVery Low
Interest Coverage RatioVery Good
Cash Conversion CycleLess than 30 days
Revenue and EarningRevenue decline from 2018-2021
Recent Business PerformanceEarning decline 5.71% in the last year
SG&A to SalesIncreasing
Key Stats
Jitta Score
Jitta Line
3.77
237.77%
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COMPANY 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.