First Trust/abrdn Emerging Opportunity Fund (FEO) Research

The First Trust/abrdn Emerging Opportunity Fund operates as a closed-end, balanced mutual fund. Initially established and managed by First Trust Advisors L.P., it benefits from co-management by Aberdeen Asset Management Inc. The fund strategically invests in both public equity and fixed-income instruments within global emerging markets. Its equity holdings target companies across a broad spectrum of diversified sectors. The fixed-income component is diverse, encompassing sovereign debt, corporate bonds, high-yield securities, asset-backed instruments, credit-linked notes, and credit default swaps. Portfolio construction is driven by a thorough fundamental analysis. The fund's performance is measured against several key benchmarks: the Barclays Capital Global Emerging Markets Index, the FTSE All World Emerging Market Index, and a custom blended index. This blended index comprises 32.5% JPMorgan Emerging Markets Bond Index - Global Diversified, 32.5% JPMorgan Government Bond Index - Emerging Markets, and 35.0% MSCI Global Emerging Markets Index. The fund, domiciled in the United States, was formed on August 28, 2006.

Market snapshot

Symbol
FEO
Price
$9.58
Day change
+0.31%
Market cap
$47.8M
P/E ratio
-11.54x
52-week range
9.37-9.64
Sector
Financial Services
Industry
Asset Management

Peer companies

  • Macquarie Pooled Trust Large Cap Value Portfolio (DPDEX)
  • First Trust/Abrdn Global Opportunity Income Fund (FAM)
  • First Trust Specialty Finance and Financial Opportunities Fund (FGB)
  • William Blair Small Cap Value Fund Class I (ICSCX)
  • Manning & Napier Target 2040 Series Class I (MTTIX)
  • Neuberger Berman California Municipal Fund Inc. (NBW)
  • Riverfront Moderate Growth & Income Fund - Investor Class (RMIAX)
  • Victory Strategic Income Fund - Class Y (RSRYX)

Recent insider activity

  • Tooze Marika — trade (0 shares) on 2022-11-25
  • Saba Capital Management, L.P. — P-Purchase (5499 shares) on 2022-08-11
  • Weinstein Boaz — P-Purchase (5499 shares) on 2022-08-11
  • Saba Capital Management, L.P. — trade (0 shares) on 2022-08-10
  • DENISE M KEEFE — trade (0 shares) on 2021-11-01

Open First Trust/abrdn Emerging Opportunity Fund (FEO) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.