FEO: 9.7%-Yielding CEF Is Our 2020 Top Pick For Emerging Markets Exposure [Seeking Alpha]
First Trust/abrdn Emerging Opportunity Fund Common Shares of Beneficial Interest (FEO)
US:NYSE Investor Relations:
ftportfolios.com/retail/cef/cefsummary.aspx?ticker=feo
Company Research
Source: Seeking Alpha
Summary FEO is a closed-end fund that invests in emerging markets through a combination of stocks and bonds. The fund has an impressive performance history favorably outperforming sector benchmarks over the past decade. We like the fund's income potential and balanced risk profile compared to emerging market equity-only funds. Improving macro environment and more positive outlook for global growth should represent more upside for the fund in 2020. The First Trust/Aberdeen Emerging Opportunity Fund (Source: Finviz) Fund Background FEO's object is to achieve a high level of total return through a combination of fixed income and equity securities currently at an approximate 60/40 split. The holdings here include 46% in sovereign bonds primarily denominated in foreign currency, along with 17% in foreign corporate debt mostly issued in US dollars. Investments in common stock are tilted towards large-cap corporations through ADRs when available and locally traded shares. We like the diversi
Show less
Read more
Impact Snapshot
Event Time:
FEO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FEO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FEO alerts
High impacting First Trust/abrdn Emerging Opportunity Fund Common Shares of Beneficial Interest news events
Weekly update
A roundup of the hottest topics