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First Trust/aberdeen Emerging Opp Fund (First Trust/aberdeen Emerging Opp Fund) Net Interest Margin (Bank Only) % : 12,800.00% (As of Jun. 2022)


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What is First Trust/aberdeen Emerging Opp Fund Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. First Trust/aberdeen Emerging Opp Fund's annualized Net Interest Income (for Banks) for the quarter that ended in Jun. 2022 was $2.56 Mil. First Trust/aberdeen Emerging Opp Fund's average earning assets for the quarter that ended in Jun. 2022 was $0.02 Mil. Therefore, First Trust/aberdeen Emerging Opp Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jun. 2022 was 12,800.00%.


First Trust/aberdeen Emerging Opp Fund Net Interest Margin (Bank Only) % Historical Data

The historical data trend for First Trust/aberdeen Emerging Opp Fund's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Trust/aberdeen Emerging Opp Fund Net Interest Margin (Bank Only) % Chart

First Trust/aberdeen Emerging Opp Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
Net Interest Margin (Bank Only) %
21,535.00 20,385.00 - - -

First Trust/aberdeen Emerging Opp Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,028.00 1,754.67 - - 12,800.00

Competitive Comparison of First Trust/aberdeen Emerging Opp Fund's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, First Trust/aberdeen Emerging Opp Fund's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Trust/aberdeen Emerging Opp Fund's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust/aberdeen Emerging Opp Fund's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where First Trust/aberdeen Emerging Opp Fund's Net Interest Margin (Bank Only) % falls into.



First Trust/aberdeen Emerging Opp Fund Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

First Trust/aberdeen Emerging Opp Fund's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2021 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2021 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2020 ) + Earning Assets (A: Dec. 2021 ))/ count )
=2.991/( (0 + 0)/ 1 )
=2.991/0
=N/A %

where

Earning Assets(A: Dec. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Earning Assets(A: Dec. 2021 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

First Trust/aberdeen Emerging Opp Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jun. 2022 is calculated as

Net Interest Margin (Bank Only) %(Q: Jun. 2022 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2021 ) + Earning Assets (Q: Jun. 2022 ))/ count )
=2.56/( (0 + 0.02)/ 1 )
=2.56/0.02
=12,800.00 %

where

Earning Assets(Q: Dec. 2021 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Earning Assets(Q: Jun. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0.02 + 0 + 0
=0.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is two times the semi-annual (Jun. 2022) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


First Trust/aberdeen Emerging Opp Fund  (NYSE:FEO) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


First Trust/aberdeen Emerging Opp Fund Net Interest Margin (Bank Only) % Related Terms

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First Trust/aberdeen Emerging Opp Fund (First Trust/aberdeen Emerging Opp Fund) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust/aberdeen Emerging Opp Fund is a diversified, closed-end management investment company. Its investment objective is to provide a high level of total return. The fund seeks to achieve its objective by investing a majority of its managed assets in a diversified portfolio of equity and fixed-income securities of issuers in emerging market countries.
Executives
Marika Tooze director C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer- Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer - Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Mickey Janvier other: Director of Sub-Adviser C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
James Joseph O'connor other: Director of Sub-Adviser C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Joseph Andolina other: Officer-Investment Sub-Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Chris Demetriou other: Officer-Invest. Sub-Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Ralph Bassett other: Officer-Investment Sub-Advisor 1735 MARKET ST., 32ND FLOOR, PHILADELPHIA PA 19103
Sofia Rosala other: Officer-Investment Sub-Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Charles Tan other: Officer-Investment Sub-Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Jeffrey Cotton other: Officer-Investment Sub-Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103

First Trust/aberdeen Emerging Opp Fund (First Trust/aberdeen Emerging Opp Fund) Headlines