Welcome to our dedicated page for First Trust/abrdn Emerging Oppos news (Ticker: FEO), a resource for investors and traders seeking the latest updates and insights on First Trust/abrdn Emerging Oppos stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect First Trust/abrdn Emerging Oppos's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of First Trust/abrdn Emerging Oppos's position in the market.
The Board of Trustees of First Trust/Aberdeen Emerging Opportunity Fund (NYSE: FEO) has instituted a managed distribution policy, allowing for more frequent payments of long-term capital gains distributions. The Fund will initially pay a quarterly distribution of $0.25 per share, dependent on earnings forecasts. This approach aims to optimize capital gains distribution throughout the year while providing a diversified portfolio focused on emerging markets. The first scheduled distribution under this policy is anticipated in the first quarter of 2022.
First Trust/Aberdeen Global Opportunity Income Fund (FAM) and First Trust/Aberdeen Emerging Opportunity Fund (FEO) announced updates to their investment policies. Each Fund can now invest up to 10% of Managed Assets in forward foreign exchange contracts to hedge or gain exposure to foreign currencies. The remaining policies, including a cap of 5% in non-deliverable contracts, will remain unchanged. These changes are expected to be implemented on or around May 24, 2021. FAM aims for high current income, while FEO focuses on total return.
FAQ
What is the market cap of First Trust/abrdn Emerging Oppos (FEO)?
