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First Trust/aberdeen Emerging Opp Fund (First Trust/aberdeen Emerging Opp Fund) Retained Earnings : $-13.72 Mil (As of Jun. 2022)


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What is First Trust/aberdeen Emerging Opp Fund Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. First Trust/aberdeen Emerging Opp Fund's retained earnings for the quarter that ended in Jun. 2022 was $-13.72 Mil.

First Trust/aberdeen Emerging Opp Fund's quarterly retained earnings declined from Jun. 2021 ($14.69 Mil) to Dec. 2021 ($5.47 Mil) and declined from Dec. 2021 ($5.47 Mil) to Jun. 2022 ($-13.72 Mil).

First Trust/aberdeen Emerging Opp Fund's annual retained earnings increased from Dec. 2019 ($10.07 Mil) to Dec. 2020 ($16.65 Mil) but then declined from Dec. 2020 ($16.65 Mil) to Dec. 2021 ($5.47 Mil).


First Trust/aberdeen Emerging Opp Fund Retained Earnings Historical Data

The historical data trend for First Trust/aberdeen Emerging Opp Fund's Retained Earnings 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 Retained Earnings Chart

First Trust/aberdeen Emerging Opp Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
Retained Earnings
-0.46 -0.05 10.07 16.65 5.47

First Trust/aberdeen Emerging Opp Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.46 16.65 14.69 5.47 -13.72

First Trust/aberdeen Emerging Opp Fund Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


First Trust/aberdeen Emerging Opp Fund  (NYSE:FEO) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


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

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