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First Trust/aberdeen Global Oppoome (First Trust/aberdeen Global Oppoome) 3-Year RORE % : -38.72% (As of Dec. 2023)


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What is First Trust/aberdeen Global Oppoome 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. First Trust/aberdeen Global Oppoome's 3-Year RORE % for the quarter that ended in Dec. 2023 was -38.72%.

The industry rank for First Trust/aberdeen Global Oppoome's 3-Year RORE % or its related term are showing as below:

FAM's 3-Year RORE % is ranked worse than
70.18% of 1536 companies
in the Asset Management industry
Industry Median: 1.025 vs FAM: -38.72

First Trust/aberdeen Global Oppoome 3-Year RORE % Historical Data

The historical data trend for First Trust/aberdeen Global Oppoome's 3-Year RORE % 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 Global Oppoome 3-Year RORE % Chart

First Trust/aberdeen Global Oppoome Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial - - 170.76 50.33 -38.72

First Trust/aberdeen Global Oppoome Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 170.76 57.78 50.33 -3.98 -38.72

Competitive Comparison of First Trust/aberdeen Global Oppoome's 3-Year RORE %

For the Asset Management subindustry, First Trust/aberdeen Global Oppoome's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 Global Oppoome's 3-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust/aberdeen Global Oppoome's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where First Trust/aberdeen Global Oppoome's 3-Year RORE % falls into.



First Trust/aberdeen Global Oppoome 3-Year RORE % Calculation

First Trust/aberdeen Global Oppoome's 3-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 0.897--0.838 )/( -2.211-2.27 )
=1.735/-4.481
=-38.72 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 3-year before.


First Trust/aberdeen Global Oppoome  (NYSE:FAM) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


First Trust/aberdeen Global Oppoome 3-Year RORE % Related Terms

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First Trust/aberdeen Global Oppoome (First Trust/aberdeen Global Oppoome) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust/aberdeen Global Oppo Income is a United States-based diversified, closed-end management investment company. The fund's primary investment objective is to seek a high level of current income while its secondary objective is to seek capital appreciation. The fund seeks to achieve these objectives by investing its managed assets in the world bond markets through a diversified portfolio of investment-grade and below-investment-grade government and corporate debt securities.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Jaclyn Marie Matsick other: Director-Investment Advisor C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Marika Tooze director C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Thomas R Kadlec director C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
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
George W Karpus other: See Explanation of Responses
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
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534
Chris Demetriou other: Officer-Invest. Sub-Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Robert F Keith director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Ralph Bassett other: Officer-Investment Sub-Advisor 1735 MARKET ST., 32ND FLOOR, PHILADELPHIA PA 19103

First Trust/aberdeen Global Oppoome (First Trust/aberdeen Global Oppoome) Headlines

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